Monetary Remuneration Clause Samples
The Monetary Remuneration clause defines the payment terms and compensation structure between the parties involved in an agreement. It typically outlines the amount to be paid, the schedule or frequency of payments, and any conditions or methods for payment, such as direct deposit or invoicing. By clearly specifying how and when payments are to be made, this clause ensures both parties understand their financial obligations, reducing the risk of disputes over compensation and promoting transparency in the contractual relationship.
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Monetary Remuneration commission on gross profit of underclass school portrait net sales b. T10.00 per senior package sold
Monetary Remuneration. During the Directorship Term the Director shall receive the following compensation and benefits: A fee of U.S $1,000, the cash payments shall be paid in the first week of each quarter.
Monetary Remuneration. Section 4 represents the exclusive compensation and benefits that the Director is entitled to for the services rendered hereunder. All payments and other consideration made or provided to the Director under Section 4 shall be made or provided without withholding or deduction of any kind, and the Director shall assume sole responsibility for discharging all tax or other obligations associated therewith.
Monetary Remuneration. During the Directorship Term the Director shall receive the following compensation and benefits: An annual salary of U.S$8,000.
Monetary Remuneration. Director shall not receive cash compensation for its services. Director shall be reimbursed for reasonable expenses incurred by Director in connection with the performance of its Duties (including reasonable travel expenses for in-person meetings). Director’s initial compensation as an independent director shall be a grant effective October 13, 2023 of $4,000 USD to the Director. Director shall be eligible for the grant of additional equity compensation, from time to time, at the discretion of the Board of Directors, or a compensation committee thereof.
Monetary Remuneration. During the Directorship Term the Director shall receive the following compensation and benefits: An annual compensation of __________.
Monetary Remuneration a. High school sports - 10% of net sales 5) Pricing PACKAGE 6 PACKAGE 4 PACKAGE 3 PACKAGE 2 PACKAGE 1 SP3
Monetary Remuneration and Benefits from January 1, -------------------------------------------------- 2002 to July 31, 2002. During the Transition Period, the Company --------------------- shall pay to the Executive for all services rendered by him in any capacity:
i. a base salary of not less than $500,000 per year, adjusted for the temporary salary reduction program implemented in 2001 (payable in accordance with the Company's then-prevailing practices, but in no event less frequently than in equal monthly installments); and
ii. Such employee benefits that are made available by the Company to its other principal executives."
b) Section 2 is further amended by deleting existing clause d) (now renumbered e)) and substituting the following:
Monetary Remuneration. ▇▇. ▇▇▇▇▇▇▇ shall be compensated for all services rendered at the rate of $50,000 per year payable in bi-monthly installments of $2,083.33. Any services performed in excess of 60 days per calendar year must receive prior approval by the Company President and will be reimbursed at a rate of $1,000.00 per day.
Monetary Remuneration. The Director's status during the Directorship Term shall be that of an independent contractor and not, for any purpose, that of an employee or agent with authority to bind the Company in any respect. All payments and other consideration made or provided to the Director under Section 4 shall be made or provided without withholding or deduction of any kind, and the Director shall assume sole responsibility for discharging, all tax or other obligations associated therewith.