Per Compensation Clause Samples
The "Per Compensation" clause defines how payments or compensation are calculated and distributed under an agreement. Typically, this clause specifies the basis for payment, such as per unit delivered, per hour worked, or per milestone achieved, and may outline the rates or formulas used. Its core practical function is to ensure both parties have a clear understanding of how and when compensation will be provided, thereby reducing the risk of disputes over payment terms.
Per Compensation. In the same ratio each Participant’s Compensation for the Taxable Year bears to the total Compensation of all Participants sharing in the forfeiture allocation for the Taxable Year.
