Payment/Benefits. (a) During the Consulting Period, as compensation in full for providing the Consulting Services under this Agreement, the Company shall pay the Consultant $22,353.00 per month, or such other amount as is determined by the Compensation Committee of the Board of Directors of the Company upon agreement with the Consultant.
Payment/Benefits. SEA shall for the period from the Commencement Date until the termination of this Agreement pay:
Payment/Benefits. (1) A unit member shall receive one (1) week of pay for each semester hour earned and shall be paid on regularly scheduled bi-weekly paydays for the sabbatical period described in Section K.1.b.(1) and (2). For Section K 1 b (3) the unit member shall be paid 1/200th of their salary per day on regularly scheduled bi-weekly pay days for the sabbatical period.
Payment/Benefits. (1) During this sabbatical leave, the unit member granted leave for one (1) full academic year will be paid at one-half (1/2) the salary he/she would have received during the period of such leave.
Payment/Benefits a) In computing the amount of disability benefits, disability will be considered as starting from the first day of disability; however, an employee must be certified by a medical practitioner for the disability within the first three days of disability. In the event that the employee is not certified within the first three days, disability will be considered as starting two complete days prior to the day that the employee is actually certified by a medical practitioner. A daily rate of payment for each calendar day of absence that qualifies for payment shall be one-seventh the weekly amount of disability benefit under Section hereof. The amount of disability payment will be paid every week. Such benefits on account of short periods of disability will be paid as soon as the amount is ascertained.
Payment/Benefits. In consideration for Biderman’s covenants and agreements contained herein, HealthTronics agrees to pay Biderman (a) $150,000, payable in immediately available funds or other payment form acceptable to Biderman, on the Effective Date and (b) $4,167 per calendar month (prorated for partial months), from the Effective Date until the third anniversary of the Effective Date. Notwithstanding anything in this Agreement to the contrary, HealthTronics shall have no obligation to make any payment under this Agreement if Biderman is in material breach of a material term of this Agreement.
Payment/Benefits. The Company shall provide Employee with the following benefits after this Agreement becomes effective:
Payment/Benefits. Employee understands that the following payments are in lieu of any payment to which he might otherwise be entitled under the Severance Agreement and any other amounts to which Employee would otherwise be entitled and are made in consideration of the terms and conditions stated in this Agreement:
Payment/Benefits. In consideration for the provision of the Services by Xxxxx, HealthTronics will pay Xxxxx $10,688.00 semimonthly, on the first and fifteenth day of each month, beginning on July 1, 2009, until the Consulting End Date. Notwithstanding anything in this Agreement to the contrary, HealthTronics shall have no obligation to make any payment under this Agreement if Xxxxx is in material breach of any provision set forth in Article IV of the Employment Agreement. If Xxxxx is employed by a new employer (the date of such employment, the “New Employment Date”) during the Consulting Services Period, then (a) unless otherwise provided herein, HealthTronics shall pay to Xxxxx, promptly following the New Employment Date, an amount equal to the sum of all then remaining unpaid amounts due under this Section 5 through the Consulting End Date, and (b) the Consulting Services Period shall expire on the New Employment Date; provided, that Xxxxx provides HealthTronics advance written notice of the New Employment Date. If the Consulting Services Period terminates or expires prior to the Consulting End Date for any other reason, unless otherwise provided herein, HealthTronics shall pay to Xxxxx, promptly following such termination or expiration date, an amount equal to the sum of all then remaining unpaid amounts due under this Section 5 through the Consulting End Date. Any payment made in accordance with this Section 5 shall be treated as a separate payment for purposes of Section 409A to the extent Section 409A applies to such payments.
Payment/Benefits. In consideration for XxXxxxx’x covenants and agreements contained herein, HealthTronics agrees to pay XxXxxxx (a) $390,000, payable in immediately available funds or other payment form acceptable to XxXxxxx, on the Effective Date and (b) $8,334 per calendar month (prorated for partial months), from the Effective Date until the third anniversary of the Effective Date. Notwithstanding anything in this Agreement to the contrary, HealthTronics shall have no obligation to make any payment under this Agreement if XxXxxxx is in material breach of a material term of this Agreement.
