CONSIDERATION FOR THE SERVICES. In consideration for the performance of the Services contemplated hereunder, and in consideration for the assignment to the Company of all right, title and interest in and to the Consulting Services Results (as set out in Section 6 below), the Company will provide Hadasit with such compensation as is set forth on Schedule A hereto (“Compensation”).
CONSIDERATION FOR THE SERVICES. In consideration for the execution of this Agreement and for the performance of the Services contemplated hereunder and in return for the Patents and Know-How (defined thereafter), the Company will provide Hadasit with such compensation as is set forth on Schedule B hereto. Method of Payment: Either via check, made out to “Hadasit Medical Research Services and Development Ltd.”, or via a bank transfer to the following account: Account name: Hadasit Medical Research Services & Development Ltd. Account No.: 561600 /82 Bank: Leumi Le’Israel Main Branch Jerusalem No. 968 Branch Address: 1 Kiryat Mada, Har Hotzvim, Jerusalem 0000000 Interbank Swift Code (TID): XXXXXXXXXXX IBAN: XX000000000000000000000
CONSIDERATION FOR THE SERVICES. The cost of the packing service is per processed crate and includes the service described in Article Three until such crate is placed in the storage chamber for its departure inside the container. EMPAFRUT shall charge CAMPOSOL the following amounts for the above-mentioned Services:
CONSIDERATION FOR THE SERVICES. 1. All of the services provided by the DEVELOPER under the APP, including without limitation the desalination, potabilization, conduction and delivery of the INTAKE WATER and the execution of the PROJECT WORKS, in accordance with the provisions of this APP, shall be determined with the following formula for purposes of its payment: C = T1 + T2 + (T3 X Q) +( T4 X Q) Where:
CONSIDERATION FOR THE SERVICES. For performance of the Services, Owner shall pay to Contractor (i) a fee of Five Thousand and 00/100 Dollars ($5,000.00) per calendar quarter, ending March 31st, June 30th, September 30th and December 31st of each year (the "O&M Fee"), (ii) Contractor's actual cost plus fifteen percent (15%) for all equipment, replacements, supplies, materials, tools and consumables used in or necessitated by the performance of the Services and (iii) Contractor's actual cost plus fifteen percent (15%) for all subcontracted services, exclusive of services provided by GE, used in the performance of the Services; provided, however, there shall be no markup on the O&M Fee. The O&M Fee for any partial calendar quarters shall be prorated. In addition, Owner shall pay to Contractor One Hundred and 00/100 Dollars ($100.00) per hour (the "Emergency Operation/Testing Fee") for (i) Emergency Operation of the Standby Boilers, commencing when Owner gives notice to Contractor to begin Emergency Operation and continuing until the Standby Boilers are shut down and Owner's primary steam supply is restored and (ii) periods of test firing of the Standby Boilers during routine testing and post repair testing; provided, however, there shall be no markup on the Emergency Operation/Testing Fee. Payment for any additional services not included within the definition of Services and that are agreed to by Owner and Contractor shall be on the basis of a proposal to be submitted by Contractor.
CONSIDERATION FOR THE SERVICES. In consideration for Consultant’s provision of the Services (which are set forth on Exhibit A hereto), taken as a whole, and Consultant’s fulfillment of his other obligations under this Agreement, the Company shall pay Consultant such amounts upon such terms and conditions as are set forth in Exhibit B hereto.
CONSIDERATION FOR THE SERVICES. The Parties agree and acknowledge that Service Provider has been granted an aggregate of 50,000 vested options to acquire Company shares (the “Options”) pursuant to an award agreement dated November 4, 2012 with a strike price of $2.31 per share (the “Grant Agreement”). Pursuant to the terms of the Grant Agreement, the Service Provider has until the 90th day following the Service Provider’s termination of employment with the Company to exercise the Options. As consideration for the Services provided under this Agreement, the Company agrees to cause the Grant Agreement to be amended to extend the period in which Service Provider may exercise certain of the Options (the “Extended Options”) to the third anniversary of the date of the extension. The number of Extended Options shall be the number of Options (calculated on the Black-Scholes model) equal in value to the aggregate amount invoiced in accordance with this Agreement by the Service Provider for the Services (with the Service Provider’s hourly fee for Services being $240 per hour), with the calculation performed on the earlier of (i) the 90th day after the Effective Date (or the prior trading day, if such date is not a trading day); and (ii) the termination date of this Agreement (or the prior trading day, if such date is not a trading day). In addition, during the term of the Agreement the Service Provider shall be entitled to continue to use the automobile provided to the Service Provider during his employment with the Company. However, during such time period: (i) the Company will be responsible only for the vehicle’s lease payments and the cost of automobile liability insurance coverage; and (ii) the Service Provider shall be responsible for all other operating expenses related to the automobile. The value ascribed to such automobile usage shall be $1,000 per 30-day period. In the event that the consideration paid to the Service Provider set forth in the proceeding paragraph exceeds the value of all of the Extended Options, credit shall then be given against the Service Provider’s hourly Services in an amount equal to the aggregate value ascribed to such automobile usage. Each month the Service Provider shall submit an itemized invoice for Services provided to Company.
