Compensation Reports Clause Samples
The Compensation Reports clause requires one party, typically the employer or service provider, to prepare and deliver detailed reports outlining compensation paid or payable under the agreement. These reports may include breakdowns of salaries, bonuses, commissions, or other forms of remuneration, and are often provided on a regular schedule such as monthly or quarterly. The core function of this clause is to ensure transparency and accountability regarding compensation, enabling both parties to verify payments and resolve discrepancies efficiently.
Compensation Reports and Accident Reports will be sent to the local Safety Committee concerned and to the Central Committee.
Compensation Reports. For a period of one year following the Closing, Purchaser shall provide Seller with a list of the monthly compensation report for distributors in the Distribution Network, prior to the payment of such compensation to distributors, for purposes of reviewing the monthly compensation report as a consultant to Purchaser on a pro ▇▇▇▇ basis.
Compensation Reports a. [***] During the Term, users of the ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Web Site may click through links contained within Pay Per Click Advertisements purchased by ▇▇▇▇▇▇▇▇▇▇.▇▇▇ Advertisers whose listings appear in Search Results that are viewed by such users. Verizon will pay to ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ [***]. Notwithstanding anything to the contrary, in the event that Verizon determines (in its sole discretion) that ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ is in breach of any obligation or covenant under this Agreement and such breach remains uncured (as determined by Verizon in its sole discretion) thirty (30) days after notice to ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ of such breach, in addition to and without waiving any other remedies available to Verizon, Verizon shall have no obligation to pay ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ any amounts under this Agreement until and unless such breach is cured and, if such breach is cured, Verizon shall be entitled to set off the damages it incurred as a result of such breach (as determined by Verizon in its sole discretion) from the amounts otherwise due to ▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ hereunder. In the event that it is determined, by a court of competent jurisdiction, that Verizon wrongfully withheld payment of amounts pursuant to the foregoing provision of this Agreement, then any such wrongfully withheld amounts shall bear interest at the rate of one and one-half percent (1.5%) per month, until paid in full.
Compensation Reports. 22 SECTION 7.17. FURTHER ACTIONS............................................23 ARTICLE VIII. MISCELLANEOUS.................................................23
Compensation Reports. The Contractor shall submit reports and information relating to the administration of wages, salaries and benefits as the Contracting Officer may require from time-to-time to evaluate the reasonableness of the Contractor’s total compensation program.
Compensation Reports. NBC will provide Consultant with a report of NBC Compensation received by NBC from a sale of NBC Products to a Consultant-designated Approved Prospect for which Consultant is entitled to receive compensation. Reports will be made to Consultant for each Consultant-designated Approved Prospect at such time as a payment is made to Consultant pursuant to the provisions of this Article 3. Under no circumstances shall Consultant have access to or right to inspect the books, ledgers, files, reports, operating records or any accounting, financial or other business information of NBC. In the event Consultant should dispute any compensation report after communications with NBC relevant to the information contained in such report, NBC will cause its independent auditors to supply Consultant with a statement of reconciliation which demonstrates the amount of payment made to Consultant was accurate. If an inaccuracy is found, the payment made to Consultant will be adjusted in accordance with the report made by the independent auditors. If the report made by the independent auditors discloses that the payment of compensation made to Consultant was accurate, then Consultant agrees to reimburse NBC for the cost of the report made by the independent auditors.
Compensation Reports. 31 -------------------- SECTION 10.12
Compensation Reports