Fees and Reimbursement. The Principal Shareholders, jointly and severally, on the one hand, and Xxxxxxxxx, on the other hand, each agree to pay the fees of the Escrow Agent, as to the first $5,000 per year by Xxxxxxxxx and, as to any excess, by each thereof as to one half thereof. The Principal Shareholders, jointly and severally, and Xxxxxxxxx, on the other hand, agree to reimburse the Escrow Agent on demand for, and to indemnify and hold the Escrow Agent harmless against and with respect to, one-half of any and all loss, liability, damage, or expense (including, without limitation, reasonable attorneys' fees and expenses) that the Escrow Agent may suffer or incur in connection with the entering into of this Escrow Agreement and performance of its obligations under this Escrow Agreement or otherwise in connection therewith, except to the extent such loss, liability, damage or expense arises from the wilful misconduct or gross negligence of the Escrow Agent. Without in any way limiting the foregoing, the Escrow Agent shall be reimbursed by the Principal Shareholders, on the one hand, and Xxxxxxxxx, one the other hand, each for one-half of the cost of all legal fees, costs and disbursements incurred by it in acting as the Escrow Agent hereunder (which may include fees and costs of legal services provided to the Escrow Agreement), based on the normal hourly rates in effect at the time services are rendered. The Escrow Agent shall have the right at any time and from time to time charge, and reimburse itself from, the Escrowed Property for all amounts to which it is entitled pursuant to this Escrow Agreement.
Fees and Reimbursement for Letter of Credit -------------------------------------------
Fees and Reimbursement. (a) Company hereby agrees to pay to Bank:
Fees and Reimbursement. During the term of the Agreement, Duke Energy will pay the Consultant a retainer, payable in arrears, of $14,880 per month, for Services requested by Duke Energy and provided by the Consultant. The Consultant will return all Duke Energy property to Duke Energy at the end of the Consulting Term (as defined below). Duke Energy also will reimburse the Consultant for actual, necessary, and reasonable out-of-pocket business-related expenses that the Consultant incurs providing the Services requested by Duke Energy. On or before the first day of each month, the Consultant agrees to submit to Duke Energy his invoice for any reasonable out of pocket businesses expenses incurred by Consultant during the prior month, with such business expenses to be documented on a form prescribed by Duke Energy and substantiated by receipts in a manner consistent with Duke Energy’s policies and Duke Energy agrees to pay Consultant's invoice for reasonable expenses no later than the thirtieth (30th) day thereafter. The Parties agree that, except as specifically set forth in this Section 3, the Consultant shall be entitled to no compensation or benefits from Duke Energy with respect to the Services, shall not be eligible to participate in any employee benefit plans of Duke Energy and its subsidiaries and affiliates in connection with providing Services and shall not be credited with service or age credit for purposes of eligibility, vesting or benefit accrual under any employee benefit plan of Duke Energy or its subsidiaries or affiliates.
Fees and Reimbursement. A. Fee: Cash Fee: None Equity Compensation: Pursuant to Client’s 2021 Equity Incentive Plan (the “Plan”), Client shall grant Consultant an option to purchase shares of Client’s common stock at the fair market value as determined by the Board of Directors of Client as of the date of grant (the “Option”). The number of shares subject to the Option will be the lower of (i) the number that results in a grant date fair value of the option equal to, as near as possible, $119,000, using Black-Scholes option pricing formula at the time of grant and (ii) 100,000 shares. Provided that Consultant remains in Continuous Service (as defined in the Plan) of Client through each applicable vesting date, 25% of shares underlying the Option will vest twelve months after November 1st, 2023, with the remaining shares vesting in equal monthly installments thereafter over the next 36 months, until either the Option is fully vested or the provision of Services under this Agreement ends, whichever occurs first. The Option will be subject to the terms and conditions of the Plan and the Consultant’s stock option agreement thereunder.
Fees and Reimbursement. The Company agrees to pay to Escrow Agent compensation, and to reimburse the Escrow Agent for costs and expenses, in accordance with the provisions of Exhibit B hereto, which is incorporated herein by reference.
Fees and Reimbursement. (a) Initial Fee Schedule. Subject to the terms and conditions of this Section 3.1, in consideration for the performance of the Mortgage Default Services hereunder, the Default Specialist will be compensated on a per file fee basis for files referred by the Firm to the Default Specialist for processing in accordance with the following fee schedule (the “Fee Schedule”): Type of File Per File Fee Foreclosure $[***] Bankruptcy $[***] Eviction $[***] Other $[***] The Fee Schedule set forth above shall be in effect for a period starting on the Effective Date and ending on December 31, 2007. If at any time prior to the conclusion of a file, such file is converted from one file type to another (e.g., from a foreclosure file to a bankruptcy file), then a new file will be deemed to have been created on the date of such conversion and to have been referred by the Firm to the Default Specialist for processing and the Default Specialist will be PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL TREATMENT UNDER RULE 406 OF THE SECURITIES ACT; [***] DENOTES OMISSIONS. entitled to a new file fee in accordance with the Fee Schedule. Notwithstanding the foregoing, consistent with the Firm’s past practice, Default Specialist shall only be entitled to one (1) foreclosure fee on a file. For example, if a file is initially referred by the Firm as a foreclosure file, is subsequently converted to a bankruptcy file and is then converted back to a foreclosure file, Default Specialist shall not be entitled to a second (2nd) foreclosure fee. In addition, consistent with the Firm’s past practice, once the Firm has been invoiced with respect to a bankruptcy file, no further fee shall be due to Default Specialist hereunder with respect to actions under such bankruptcy court case number.
Fees and Reimbursement. The Company will pay Buyer (i) a rate of 50 basis points per annum on the amount invested on the Closing Date for the first year, and (ii) a rate of 25 basis points per annum on the amount invested on the Closing Date annually thereafter, all for so long as the Buyer and its Affiliates collectively hold at least 60% of the Purchase Shares (or the Common Stock issuable upon conversion thereof). Notwithstanding the forgoing, Buyer Directors will not be paid any compensation for serving on the Company’s Board or any of its committees, and the Company will not reimburse the Buyer Directors for reasonable out of pocket expenses; provided that to the extent one of the Buyer Directors is not an employee of Buyer, the Company may compensate such Buyer Director for their role as a director consistent with other directors, as shall be reasonably determined by the Company and Buyer.
Fees and Reimbursement. (1) The disagio or service fee payable by the Merchant for the services provided by EVO according to these Additional Gen-‐ eral Termsof AgreementCard Acceptance shall be calcu-‐ lated on the basis of the final invoice amount of a Payment Card transaction. Further fees for EVO’s services hereunder may be providedfor in the Agreement.
