Common use of Fiat Clause in Contracts

Fiat. The Company shall pay Consultant an annual base fee of Three Hundred Thousand US Dollars ($300,000 USD) and the TON described below (the “Base Fee”), payable in accordance with the Company's standard payment practices, subject to applicable tax reporting.

Appears in 2 contracts

Sources: Independent Contractor Agreement (Portage Biotech Inc.), Independent Contractor Agreement (Portage Biotech Inc.)

Fiat. The Company shall pay Consultant an annual base fee of Three Five Hundred Thousand US Dollars ($300,000 500,000 USD) and the TON described below (the “Base Fee”), payable in accordance with the Company's standard payment practices, subject to applicable tax reporting.

Appears in 1 contract

Sources: Independent Contractor Agreement (Portage Biotech Inc.)