Compensation Fee Clause Samples
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Compensation Fee. The Company shall pay the Consultant a fee of 3,150 shares of Common stock of the Company (NASD-OTC:UICO) for the first period ending June 7, 2000. Following renewal of the Consultant agreement the parties hereto agree to re-negotiate the number of shares, a lump sum, or a combination of both, as the case may be. 4. Non-competition and Confidentiality. -----------------------------------
Compensation Fee. The Sponsor agrees: -----------------
(a) to pay to the Trustees from time to time such compensation for all services rendered by them hereunder as the parties shall agree from time to time (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust); and
(b) except as otherwise expressly provided herein, to reimburse the Trustees upon request for all reasonable expenses, disbursements and advances incurred or made by the Trustees in accordance with any provision of this Declaration (including the reasonable compensation and the expenses and disbursements of their respective agents and counsel), except any such expense, disbursement or advance as may be attributable to its negligence, bad faith or willful misconduct. For purposes of clarification, this Section 9.6 does not contemplate the payment by the Sponsor of acceptance or annual administration fees owing to the Trustees under this Declaration or the fees and expenses of the Trustees' counsel in connection with the closing of the transactions contemplated by this Declaration. The provisions of this Section 9.6 shall survive the dissolution of the Trust and the termination of this Declaration and the removal or resignation of any Trustee. No Trustee may claim any lien or charge on any property of the Trust as a result of any amount due pursuant to this Section 9.6.
Compensation Fee. THE SPONSOR AGREES:
(a) to pay to the Institutional Trustee from time to time such compensation for all services rendered by it hereunder as the parties shall agree from time to time (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust); and
(b) except as otherwise expressly provided herein, to reimburse the Institutional Trustee upon request for all reasonable expenses, disbursements and advances incurred or made by the Institutional Trustee in accordance with any provision of this Declaration (including the reasonable compensation and the expenses and disbursements of their respective agents and counsel), except any such expense, disbursement or advance as may be attributable to its negligence, bad faith or willful misconduct. The provisions of this Section 9.6 shall survive the dissolution of the Trust and the termination of this Declaration and the removal or resignation of the Institutional Trustee. No Trustee may claim any lien or charge on any property of the Trust as a result of any amount due pursuant to this Section 9.6.
Compensation Fee. The Sponsor agrees:
(a) to pay to the Institutional Trustee from time to time such compensation for all services rendered by it hereunder as the parties shall agree from time to time (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust); and
(b) except as otherwise expressly provided herein, to reimburse the Institutional Trustee upon request for all reasonable expenses, disbursements and advances incurred or made by the Institutional Trustee in accordance with any provision of this Declaration (including the reasonable compensation and the expenses and disbursements of their respective agents and counsel), except any such expense, disbursement or advance as may be attributable to its negligence, bad faith or willful misconduct. The provisions of this Section 9.6 shall survive the dissolution of the Trust and the termination of this Declaration and the removal or resignation of the Institutional Trustee. No Trustee may claim any lien or charge on any property of the Trust as a result of any amount due pursuant to this Section 9.6.
Compensation Fee. The Company shall pay the Consultant a fee of 500,000 shares of Common stock of the Company listed on the NQB Pink Sheets under the trading symbol ADVT for the first period ending February 28, 2000. Following renewal of the Consultant agreement the parties hereto agree to re- negotiate the number of shares, a lump sum, or a combination of both, as the case may be. 4. Non-competition and Confidentiality. ---------------------------------------
Compensation Fee a fee referred to in Appendix No. 2 to the Contract;
Compensation Fee. If 1T Netherlands or the Applicable 1T Provider are engaged by you to remedy a declared and/or alleged deficiency and it is proven that no deficiency exists, has existed or that the deficiency is or was in your sphere, 1T Netherlands or the Applicable 1T Provider is entitled to charge a compensation fee for any expense made by us in connection with investigating the alleged deficiency, if the 1T Client is at fault and as far as such compensation fees are necessary to cover adequate costs of us to administer such alleged deficiency, but to a maximum of EUR 50.00. The 1T Client is permitted to prove that no damage has occurred and that therefore no or lower administration costs have been incurred.
Compensation Fee. The Company shall pay the Consultant a fee of 510,000 shares of Free trading shares (S-8 Registration Statement) of the Company (OTC BB:UICO).
Compensation Fee. If:
(a) following a Recommendation Change to shareholders by Askott in accordance with Section 8.2 hereof, the Askott Shareholders do not approve the Amalgamation at the Askott Meeting; or
(b) in respect of Askott (i) following the date of this Agreement Askott receives a written Acquisition Proposal that has been publicly announced or otherwise disclosed to the public or to the Askott Shareholders which is determined to be a Superior Proposal; (ii) the Askott Shareholders do not approve the Amalgamation at the Askott Meeting; and (iii) within 250 days following the date hereof, Askott accepts, approves or recommends to its shareholders, or enters into an agreement (whichever occurs first) with respect to any merger, amalgamation, share exchange, business combination, take-over bid, sale or other disposition of its assets, any recapitalization, reorganization, liquidation, material sale or issue of treasury securities or rights or interests therein or thereto or rights or options to acquire any material number of treasury securities or any type of similar amalgamation which would or could, in any case, constitute a de facto change of control, whether or not such transaction is the Acquisition Proposal received following the date of this Agreement; or
(c) in respect of FansUnite (i) following the date of this Agreement FansUnite receives a written Acquisition Proposal that has been publicly announced or otherwise disclosed to the public which is determined to be a Superior Proposal; (ii) if approval of the shareholders is required to effect the Amalgamation, the FansUnite shareholders do not approve the Amalgamation at the FansUnite Meeting; and (iii) within 250 days following the date hereof, FansUnite accepts, approves or recommends to its shareholders, or enters into an agreement (whichever occurs first) with respect to any merger, amalgamation, share exchange, business combination, take-over bid, sale or other disposition of its assets, any recapitalization, reorganization, liquidation, material sale or issue of treasury securities or rights or interests therein or thereto or rights or options to acquire any material number of treasury securities or any type of similar amalgamation which would or could, in any case, constitute a de facto change of control, whether or not such transaction is the Acquisition Proposal received following the date of this Agreement, (any such event being a “Triggering Event”), then the Covenantor shall pay the other party, b...
Compensation Fee. The Company shall pay the Consultant a fee of 12,011 freely trading shares of the Company (NASD-OTC:UICO).Following renewal of the Consultant agreement the parties hereto agree to re-negotiate the number of shares,a lump sum, or a combination of both, as the case may be.
