INDIRECT COMPENSATION Sample Clauses

INDIRECT COMPENSATION. Indirect compensation is compensation paid by third parties rather than or in addition to being paid directly by the Plan. For example, a mutual fund underwriter, variable annuity issuer or distributor, or other product sponsor may pay LPL an ongoing amount that is based on the value of the Plan’s investment in the product. Indirect compensation may be charged by the product sponsor against the Plan’s investment or reflect the net value of the Plan’s investment in a product. You should refer to the product’s prospectus for more specific information. Compensation may be paid as follows: (a) Distribution and/or Servicing Fees, 12b-1 Fees and Trail Payments. LPL receives certain ongoing payments called distribution and/or service fees, 12b-1 fees or trails. They are paid for LPL’s distribution-related services and/or shareholder servicing, and are made pursuant to LPL’s agreement with the product sponsor. You should refer to the prospectus or other offering documents for the security or contract, for more detailed information about the amount of commissions and trail or 12b-1 compensation that LPL receives with respect to the Plan’s investment. This compensation is shared between LPL and your Representative.

INDIRECT COMPENSATION. In addition to the salary set forth above, Administrator will receive the following benefits during the Term:

INDIRECT COMPENSATION. 15. Staring at the latest on September 1, 2012, All Market Inc. will modify the labels of its Vita Coco® coconut water sold in Canada and the communications surrounding this product, as provided in Schedule C to the present Agreement. While All Market Inc. is in the process of changing the labels, the Settling Parties understand and agree that products with the existing labels already in the stream of distribution will continue to be sold until those supplies are exhausted. 16. Beginning at the latest on September 1, 2012 and running for a period of four years from the Effective Date, All Market Inc. shall , at its costs: (1) implement changes to the labels and advertising of its Vita Coco® coconut water sold in Canada to more clearly describe the variable nature of coconut water by, among other things, creating geographically distinct labelling and destroying existing inventories of labels; and (2) increase quality control of Vita Coco® coconut water sold in Canada, including but not limited to, hiring additional quality control personnel, creating a robust and regular independent testing program, and rejecting non-compliant Vita Coco Vita Coco® coconut water. All Market Inc. shall provide Class Counsel, within thirty days of the anniversary of the Effective Date for the next four years, a report of the cost and expenditures associated with this program. And All Market Inc. shall refrain from making any representations that Vita Coco® coconut water sold in Canada is more hydrating than sports drinks unless it has scientific evidence supporting such claim.

INDIRECT COMPENSATION. A descrip- tion of all indirect compensation (as defined in paragraph (c)(1)(viii)(B)(2) of this section) that the covered service provider, an affiliate, or a subcon- tractor reasonably expects to receive in connection with the services de- scribed pursuant to paragraph (c)(1)(iv)(A) of this section; including identification of the services for which the indirect compensation will be re- ceived, identification of the payer of the indirect compensation, and a de- scription of the arrangement between the payer and the covered service pro- vider, an affiliate, or a subcontractor, as applicable, pursuant to which such indirect compensation is paid. (3) Compensation paid among related parties. A description of any compensa- tion that will be paid among the cov- ered service provider, an affiliate, or a subcontractor, in connection with the services described pursuant to para- graph (c)(1)(iv)(A) of this section if it is set on a transaction basis (e.g., com- missions, soft dollars, finder’s fees or other similar incentive compensation based on business placed or retained) or is charged directly against the covered plan’s investment and reflected in the net value of the investment (e.g., Rule 12b–1 fees); including identification of the services for which such compensa- tion will be paid and identification of the payers and recipients of such com- pensation (including the status of a payer or recipient as an affiliate or a subcontractor). Compensation must be disclosed pursuant to this paragraph (c)(1)(iv)(C)(3) regardless of whether such compensation also is disclosed pursuant to paragraph (c)(1)(iv)(C)(1) or (2), (c)(1)(iv)(E), or (c)(1)(iv)(F) of this section. This paragraph (c)(1)(iv)(C)(3) shall not apply to compensation re- ceived by an employee from his or her employer on account of work per- formed by the employee.

INDIRECT COMPENSATION. The Administrator shall be entitled to 12 sick leave days annually, cumulative to a total of 120 days.

INDIRECT COMPENSATION. 17. In addition to the relief discussed above, as part of this Agreement, New Balance will agree to take commercially reasonable efforts to refrain from the following conduct: a) New Balance will not make or assist others in making any claims that the Toning Shoes or the Controlled Instability Shoes, are effective in strengthening muscles or that wearing such product will result in quantified percentage or amount of muscle toning or strengthening, unless that representation is non-misleading and is supported by at least one adequate well controlled human clinical study. b) New Balance will not make or assist others in making any other health or fitness benefit claims about the Toning Shoes and Controlled Instability Shoes, including, but not limited to, claims about muscle tone and/or muscle activation, unless that representation is non-misleading and New Balance possesses and relies upon competent and reliable scientific evidence to substantiate that the representation is true. c) New Balance will not misrepresent or assist others in misrepresenting the existence, contents, validity, results, conclusions, or interpretations of any test, study or research relating to New Balance’s Toning Shoes or Controlled Instability Shoes. For the purposes of this agreement, third party sales of Controlled Instability Shoes in connection with product packaging already in third party retail inventory prior to the Effective Date shall not constitute a violation of this Agreement.

INDIRECT COMPENSATION. Pursuant to the Approved Settlement, Danone Inc. has already made changes to its advertising and labelling in Canada, to describe with better precision the characteristics of its Activia® yogurt products or DanActive® probiotic drink products.

INDIRECT COMPENSATION. Fund Revenue and Float: Voya, an Affiliate or Subcontractor has entered into contracts with

INDIRECT COMPENSATION. The Custodian may receive Indirect Compensation. This may include demand-deposit-account Compensation, Float Compensation, the allowance for investment-processing errors, the goodwill obtained by sharing information with Service Providers, and any other Compensation you approve. In order to appropriately credit the accounts of Plan participants invested in funds that pay fund fees and funds whose affiliates pay revenue sharing payments, the Custodian shall collect all such revenue sharing payments from all sources for all plans and process payment of all such amounts, less a 10% collection and processing fee, to a bookkeeping account maintained by the Recordkeeper. Such bookkeeping account will receive and track revenue sharing payments from all sources for all plans on the Recordkeeper platform since such revenue may come from multiple sources so as to avoid any potential fiduciary concerns. 100% of the fund revenue sharing payments received by Recordkeeper that are applicable to the Plan are offset on a dollar-for-dollar basis against Plan fees on the next Plan invoice. The offset is applied on a cash basis so all revenue received is credited for the quarter received. Neither the Custodian nor Recordkeeper maintains a separate account at the trust or segregate any portion of the revenue sharing payments for the benefit of any plan.