Payment and Distribution. Except as provided below with respect to certain early termination events, the Company shall make the Bonus Payments in accordance with the Company’s normal payroll practices for the payroll period that includes the Bonus Payment Date. Notwithstanding the foregoing or the early termination payment provisions below, if the Executive is a “specified employee” under Section 409A of the Code, then any amounts payable pursuant to this Agreement shall be paid on the day following the six month anniversary of the Executive’s termination of employment.
Payment and Distribution. For purposes of this Article 12, the term "payment" and/or "
Payment and Distribution. Advisor agrees to accept the Shares in full and complete payment for any and all services rendered to Company and or to the predecessor of Company during the years 1999 and 2000. The Company agrees to distribute the Shares to Advisor as soon as practicable after the execution of this Agreement and Subscription Agreement attached hereto as Exhibit I. The Company and Advisor acknowledge and agree that the Shares have a monetary value of no more than $0.01 and are restricted from resale.
Payment and Distribution. Upon and after the occurrence of a Re-Allocation Event, all amounts from time to time accruing with respect to, and all amounts from time to time payable on account of, Loans denominated in an Alternative Currency (including, without limitation, any interest and other amounts which were accrued but unpaid on the date of such Re-Allocation Event) and Unpaid Drawings owing in an Alternative Currency shall be payable in Dollars (taking the Dollar Equivalents of all such amounts on the date of the occurrence of the respective Re-Allocation Event, with all calculations for periods after the Re-Allocation Event being made as if the respective such Loan or Unpaid Drawing had originally been made in Dollars) and shall be distributed by Administrative Agent for the account of appropriate Lenders which made such Loans or are participating therein.
Payment and Distribution. The Company shall pay the applicable Retention Bonus amount in accordance with the Company’s normal payroll practices for the payroll period that includes the Retention Bonus Date.
Payment and Distribution. Payments shall be made from the Joint Projects Account for purposes consistent with this Agreement in the amount and at the time or times agreed upon between the Agency and the County.
Payment and Distribution. (a) The Transaction Bonus shall be paid by the Company to Service Provider in a single lump sum within thirty (30) days following the date of the Change in Control (“Closing Date”).
Payment and Distribution. The Executive’s IPO Transaction Bonus shall be paid to the Executive on the IPO Effective Date, or as soon as administratively possible after such date, but in no event later than five (5) business days after the IPO Effective Date.
Payment and Distribution. For purposes of this Article 10, the term “payment” and/or “
Payment and Distribution. Payee agrees to accept the Shares in full and complete payment for any and all unpaid advances made by Payee to Company and or to the predecessor of Company from the inception of the Company to the date of this Agreement. The Company agrees to distribute the Shares to Payee as soon as practicable after the execution of this Agreement and Subscription Agreement attached hereto as Exhibit I. The Company and Payee acknowledge and agree that the Shares have an aggregate monetary value of not less than $14,258 and are restricted from resale. 2. Representations and Warranties of Company. Company represents and warrants to Payee as follows: (a) Organization; Good Standing. Company is duly organized and validly exists in good standing as a corporation under the laws of the State of Nevada. Company has the legal power and authority to own, operate and lease its properties and assets and to carry on its business as now conducted, and is duly qualified to do business wherever the nature and location of its business and assets require such qualification. (b)
