Compensation to Acquirer Merchants Sample Clauses

Compensation to Acquirer Merchants. Acquirer shall be solely responsible for negotiating and paying the amount of compensation payable to an Acquirer Merchant, for participating in the Acquirer Program. Any Merchant Compensation payable directly from Acquirer to an Acquirer Merchant shall be payable out of the Gross FX Margin for a Foreign Transaction. Acquirer agrees that in setting the Merchant Compensation it will not generally offer Merchant Compensation across its Merchant portfolio in the Designated Territory, which is significantly higher than the prevailing market practice in the Designated Territory and generally Merchant Compensation shall not exceed [*] of the Purchase Amount. For the avoidance of doubt, if Acquirer wishes to offer Merchant Compensation in excess of that amount in order to secure the business of a Strategic Merchant, such increased payment amount shall not impact Planet Payment’s Revenue Share unless previously agreed to by Planet Payment.
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Related to Compensation to Acquirer Merchants

  • Long-Term Compensation Including Stock Options, and Benefits, Deferred Compensation, and Expense Reimbursement.

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following:

  • COMPENSATION TO CONSULTANT The Consultant's compensation for the Consulting Services shall be as set forth in Exhibit B attached hereto and incorporated herein by this reference.

  • 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.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Stock Compensation The Executive shall be eligible to receive stock-based compensation, whether stock options, stock appreciation rights, restricted stock grants or otherwise, under the Parent’s Amended and Restated 2004 Long Term Incentive Plan or other stock-based compensation plans as Parent may establish from time to time (collectively, the “Plans”). The Executive shall be considered for such grants no less often than annually as part of the Board’s annual compensation review, but any such grants shall be at the sole discretion of the Board.

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