Compensation for Development Sample Clauses

The Compensation for Development clause defines how and when payment will be made to a party responsible for developing a product, service, or project. It typically outlines the payment structure, such as fixed fees, milestone payments, or hourly rates, and may specify conditions for invoicing and reimbursement of expenses. This clause ensures that the developer is fairly compensated for their work and provides clarity to both parties regarding financial obligations, thereby reducing the risk of disputes over payment.
Compensation for Development. Each faculty member involved in the development of a collaborative teaching arrangement will be granted one credit hour of overload pay on a one-time basis.
Compensation for Development. Compensation for the development of a new course approved by the Vice President for Academic Affairs shall be Eight Hundred dollars ($800) for the first (1st) credit hour and Two Hundred fifty dollars ($250) for each additional credit hour.
Compensation for Development. Jointly Developed DLCs: Compensation shall be by mutual agreement between the faculty member, the bargaining unit and the college, establishing an equitable division of royalties and fees in advance of development of the DLC.
Compensation for Development. Compensation for independent study courses (299’s) will be based upon one (1) contact hour of overload for the faculty member for every ten (10) student credit hours of independent study courses taught.

Related to Compensation for Development

  • Developer Compensation for Emergency Services If, during an Emergency State, the Developer provides services at the request or direction of the NYISO or Connecting Transmission Owner, the Developer will be compensated for such services in accordance with the NYISO Services Tariff.

  • Compensation for Consulting Services For each quarter (i.e., three-month period) that Executive provides consulting services to MediciNova pursuant to the option of MediciNova contained in Section 9 above, MediciNova shall pay Executive a sum equal to fifteen percent (15%) of Executive’s annual Base Compensation which shall be applicable at the time of Executive’s termination of employment with MediciNova (prorated for any period of less than a quarter). The parties expressly agree that when Executive is performing consulting services for MediciNova, Executive is acting as an independent contractor. Therefore, Executive shall be solely liable for Social Security and income taxes that result from Executive’s compensation as a consultant. In addition, Executive shall not be entitled to any other benefits including, without limitation, such group medical, life and disability insurance and other benefits as may be provided to employees and/or executives of MediciNova.

  • Compensation for Basic Services 6.1.1 Compensation for Basic Services as described in Section 3.1 and 3.2 shall be as set forth in Article 11.

  • Compensation for Loss of Employee Tools The Employer will replace all Employee tools lost or stolen in accordance with the Award.

  • Career Development The City and the Union agree that employee career growth can be beneficial to both the City and the affected employee. As such, consistent with training needs identified by the City and the financial resources appropriated therefore by the City, the City shall provide educational and training opportunities for employee career growth. Each employee shall be responsible for utilizing those training and educational opportunities made available by the City or other institutions for the self- development effort needed to achieve personal career goals.