Payments by Employer. The Employer shall pay the Consultant’s invoices within sixty Thirty (30) days [or as specified in the SCCC] after the receipt by the Employer of such itemized invoices with supporting documents. Only such portion of an invoice that is not satisfactorily supported may be withheld from payment. Should any discrepancy be found to exist between actual payment and costs authorized to be incurred by the Consultant, the Employer may add or subtract the difference from any subsequent payments.
Payments by Employer. The Employer may make payment of benefits directly to Plan participants or their beneficiaries as they become due under the terms of the Plan. The Employer shall notify the Trustee of its decision to make payment of benefits directly prior to the time amounts are payable to participants or their beneficiaries. In addition, if the principal of the Trust, and any earnings thereon, are not sufficient to make payments of benefits in accordance with the terms of the Plan, the Employer shall make the balance of each such payment as it falls due. The Trustee shall notify the Employer where principal and earnings are not sufficient.
Payments by Employer. In exchange for the promises contained in paragraph seven below, HouseValues Inc. will provide Employee two month’s salary ($10,833.33), minus applicable withholdings. This will be paid to Employee after the Effective Date, as defined below. Employee will continue to receive the medical and dental benefits that he has been receiving as an employee of HouseValues Inc. at HouseValues Inc.’s expense through December 31, 2003. Thereafter, Employee will be eligible for continuation of his coverage under the terms and conditions of COBRA, at his own expense. HouseValues Inc. agrees that it will not protest any unemployment benefits allowed to Employee, if Employee applies for such benefits.
Payments by Employer. In exchange for the promises contained in paragraph one above and six below, INTERLINQ will pay Employee one years severance. The severance will be paid bi-weekly following Termination Date. If Employee begins full-time employment at any time during the severance year, the remaining severance payments will be terminated. During the severance year, Employee will continue to receive medical benefits consistent with the company's plan. The severance payment will begin within seven days following the Employee Termination Date and will be subject to customary tax and other withholdings. This provision shall not apply to either consulting work performed by Employee (unless such consulting work is on a full time basis for the benefit of one employer) or if Employee starts his own business.
Payments by Employer. In exchange for the promises contained in paragraph seven below, HouseValues Inc. will provide Employee six months of base salary, minus applicable withholdings. This will be paid in pay period installments coinciding with HouseValues, Inc. standard payroll schedule. The first installment will be made on the first scheduled payroll after the Effective Date on which the Separation Agreement is executed, and, Should Employee elect COBRA by completing the enrollment forms and returning them timely to the healthcare carrier, HouseValues Inc. will pay the first six months of COBRA premiums on a monthly basis, directly to the healthcare carrier on Employee’s behalf. Thereafter, Employee will be eligible for continuation of his coverage under the terms and conditions of COBRA, at his own expense. Employee’s COBRA effective date is September 1, 2006. HouseValues Inc. will pay premiums from September 1, 2006 through February 28, 2007 after Employee executes this Se[aration Agreement and enrolls in COBRA by completing the application and returning it directly to the healthcare carrier within COBRA specified deadlines. HouseValues Inc. agrees that it will not protest any unemployment benefits allowed to Employee, if Employee applies for such benefits.
Payments by Employer. 1. The Employer will pay the Employee the additional gross amount of $202,175.48, less all deductions required by law, as a severance payment (the “Severance Payment”). The Severance Payment shall be made on July 13, 2007. Employer shall furnish Employee with a copy of the calculation of the deductions made from such gross amount at the time of payment of the Severance Payment.
Payments by Employer. The Employer may make payment of benefits directly to the Plan participant or his or her beneficiaries as they become due under the terms of the Plan. The Employer shall notify the Trustee of its decision to make payment of benefits directly prior to the time amounts are payable to a Plan participant or his or her beneficiaries. In addition, if the principal of the Trust, and any earnings thereon, are not sufficient to make payments of benefits in accordance with the terms of the Plan, Employer shall make the balance of each such payment as it becomes due. Trustee shall notify Employer where principal and earnings are not sufficient.
Payments by Employer. In exchange for the conditions contained in this Agreement, Tego will issue to Executive 100,000 restricted shares of Tego’s common stock. This will be issued to Executive within 15 business days after the Effective Date, as defined below.
Payments by Employer. The Employer may make payment of benefits directly to the Plan Participant or his Beneficiaries as they become due under the terms of the Plan. The Employer shall notify the Trustee of the Employer's decision to make payment of benefits directly prior to the time amounts are payable to the Plan Participant or his Beneficiaries.
Payments by Employer. As provided in the Employment Agreement and in exchange for the promises contained herein, Employer will provide Employee with the following separation pay and benefits:
