Compensation Notification Sample Clauses
The Compensation Notification clause requires a party to formally inform the other party when a claim for compensation arises under the agreement. Typically, this involves providing written notice within a specified timeframe and detailing the nature and amount of the compensation sought. This clause ensures that both parties are promptly aware of any compensation issues, allowing them to address and resolve claims efficiently, thereby reducing the risk of disputes and misunderstandings.
Compensation Notification. The Union will be notified before any reduction of weekly com- pensation is imposed.
Compensation Notification. The Company agrees not to issue any class of stock, option or warrant which may change control of the Company without prior written notification to me Consultant