Payment of Account. The value of the Participant’s Share Unit account as to which the Restriction Period has lapsed shall be paid to the Participant (or his beneficiary) in accordance with the terms of the Deferred Compensation Plan.
Payment of Account. 5.1 Subject to subclauses 5.2, Council agrees to pay the Contractor the payment specified in a tax invoice within thirty (30) days of invoice date, where invoice date is the date of the goods and/or service and/or work from receiving and acceptance of the tax invoice.
Payment of Account. The total unpaid balance of the account owed by the Company Parties to the Firm through the date hereof, including, but not limited to, all outstanding fees for services and expenses provided by the Firm to LifeRamp from April 2004 through the date hereof, is for all purposes agreed by the parties to be $77,467.63 (the "Total Due Balance"). The Firm hereby agrees to accept and receive as full payment and settlement for the Total Due Balance an aggregate of 755,045 "restricted" shares of common stock, par value $.01 per share, of Ramp to be issued by Ramp promptly after the execution of this Agreement.
Payment of Account. Whenever the balance in the Account vests as ------------------ provided above, the Company shall pay to the Executive, in a single lump sum cash payment, an amount equal to the number of Phantom Shares credited to the Account times the Share Value, each determined as of the date of vesting; PROVIDED, that if the Account has vested pursuant to Section 4(c), the amount of such payment shall in no event be less than the Initial Value. Such payment shall be made as soon as reasonably practicable, but in any event within 30 days, after the last to occur of (i) the date on which such vesting occurs, (ii) the date on which the Committee certifies that the Performance Goal has been met, if such certification is a condition to such vesting, and (iii) the date on which the Company obtains the shareholder approval required by Section 5, unless such vesting occurs as a result of a Change of Control before the First
Payment of Account. 2.1 The principal balance and accrued interest of the Account (the “Deferred Compensation”) shall be payable to Executive in substantially equal monthly installments beginning on January 31, 2006 (the “Benefit Commencement Date”) and ending on December 31, 2007 (the “Payment Term”).
Payment of Account. Where an invoice remains unpaid for 7 days or more we reserve the right to charge interest on unpaid debts under the Late Payments Commercial Debt Act (interest) 1998(amended by the late payment of commercial debt regulations 2013) and under Section 00 Xxxxxx Xxxxx Xxx 0000.
Payment of Account i. Payment of a Deposit is requested and is payable in full on the date of this agreementto the account details provided.
Payment of Account. Payment of an Account will be made in shares of Stock promptly following the date on which Awards are made; provided, however, the Committee may, whether at the time of grant or at any time thereafter prior to payment or settlement, permit (subject to such conditions as the Committee may from time to time establish) a Participant to elect to defer receipt of all or any portion of any shares of Stock that would otherwise be due to such Participant in payment or settlement of any Award under the Program; provided further, that any such deferral shall be made in compliance with a plan designed to comply with the requirements of Section 409A of the Code. No fractional shares of Stock shall be issued under the Program. Awards of fractional shares of Stock, if any, shall be settled in cash.
Payment of Account. Distributor will promptly pay its account with Cyberonics when due.
