Common use of Executive Pay Clause in Contracts

Executive Pay. Grantees whose gross income in the previous tax year was $300,000 or more will verify in writing to the EGLE Project Administrator that they are exempt from reporting total compensation of Executives required under the federal Transparency Act, as defined in 2 CFR 170.320. This verification is due by the end of the month following the month the EGLE made the grant award. In so doing, the grantee is stating that: 1. They did not in the preceding tax year receive:

Appears in 3 contracts

Sources: Grant Agreement, Grant Agreement, Grant Agreement