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The final invoice must be submitted no later than [insert the no. of days e.g. 30 days] after IUCN\u2019s written acceptance of all Services or after the Agreement end date whichever is later. The Consultant must submit a valid invoice quoting the Contract Reference Number and number of the instalment for each payment to be made. If the tasks defined in the Agreement are not fulfilled to the satisfaction of IUCN within the requested time limit, IUCN reserves the right to withhold any further payments and recuperate any funds already paid for unfulfilled Services. IUCN shall make payments to the Consultant\u2019s bank account (to be opened in the name of the Consultant in the place where Consultant is established or where the Services are provided) as follows: Complete Account name: [xxx] Account type and currency: [xxx] Bank name: [xxx] Bank address: [xxx] Account No.: [xxx] SWIFT Code or other bank routing code: [xxx] IBAN No: [xxx] The Consultant shall bear bank charges for international wire-transfers (namely from the Consultant\u2019s bank or any intermediary banks) associated with any transfer of funds that IUCN may make hereunder. Funds that remain unused at the Expiration Date or termination date of this Agreement must be returned to IUCN within sixty (60) days following either of such dates, as applicable. Travel expenses in connection with this Agreement shall not exceed [currency/amount in numbers] [(currency and amount in words)]. All travel has to be approved in writing (email accepted) by the IUCN Contact Person before any reservation is made. 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and complete compensation for services described in the Agreement the Company shall compensate the Consultant as follows:\n4.1 For undertaking this engagement and for other good and valuable consideration, the Company agrees to issue and deliver to the Consultant a \"Commencement Bonus\" payable in the form of 300,000 shares of the Company's Common Stock (\"Common Stock\"). This Commencement Bonus shall be issued to the Consultant immediately following execution of this Agreement and shall, when issued to the Consultant be fully paid and non-assessable. The Company understands and agrees that Consultant has forgone significant opportunities to accept this engagement and the Company derives substantial benefit from the execution of this Agreement and the ability to maintain its relationship with Consultant. The 300,000 shares of Common Stock issued as a Commencement Bonus, therefore, constitute payment for Consultant's agreement to consult to the Company and are a nonrefundable, non-apportionable and non-ratable retainer; such Shares are not a prepayment for future services. If the Company decides to terminate this Agreement prior to February 13, 2002 for any reason whatsoever, it is agreed and understood that Consultant will not be requested or demanded by the Company to return any of the Shares paid to it hereunder. All Shares of the Common Stock issued pursuant to this Agreement shall be issued in the name of \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 Financial Communications, Inc. The Company agrees that it will include all shares issuable to Consultant hereunder in the Company's next Registration Statement with the SEC on Form S-i and will use its best efforts to cause such Registration Statement to be declared effective by the SEC as soon as possible thereafter. \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 Financial Communications, Inc. agrees that it will not sell or transfer during the term of this Agreement any of the 300,000 shares of Company's stock issued to it hereunder. 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"clause", "offset": [2178, 2187]}, {"key": "resulting-from", "type": "definition", "offset": [2199, 2213]}], "samples": [{"hash": "8tTwb8JDlJA", "uri": "/contracts/8tTwb8JDlJA#remuneration", "label": "Service Agreement (Aspen Insurance Holdings LTD)", "score": 35.9431877136, "published": true}, {"hash": "2SKfjzwJluC", "uri": "/contracts/2SKfjzwJluC#remuneration", "label": "Service Agreement (Aspen Insurance Holdings LTD)", "score": 35.2587280273, "published": true}, {"hash": "hvjjP4R9D9M", "uri": "/contracts/hvjjP4R9D9M#remuneration", "label": "Service Agreement (Aspen Insurance Holdings LTD)", "score": 34.9657783508, "published": true}], "snippet": "6.1 The Company shall pay to the Executive a Salary at a rate of US $1,500,000 per annum or at such other rate as may from time to time be agreed between the Company and the Executive.\n6.2 The Salary shall be deemed to accrue evenly from day to day and shall be payable in arrears by equal monthly instalments in accordance with the 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The Executive shall be entitled to a guaranteed minimum bonus of 100% of the Salary for the first bonus year of the Appointment (the \u201cYear 1 Bonus\u201d), pro-rated to reflect the portion of the bonus year actually worked. The Year 1 Bonus shall be calculated by multiplying the Salary with a fraction, the numerator of which is the number of days that the Executive was employed or engaged during the applicable bonus year and the denominator of which is 365. Thereafter, the Executive's Bonus will be based upon a target of 150% of Salary, with a maximum bonus potential of up to 200% of Salary. Any applicable performance metrics shall be determined by the Board from time to time at its sole discretion and will be communicated to the Executive. All Bonus targets and payments may be subject to such conditions as the Compensation Committee of the Board may in its absolute discretion decide. Save for the Year 1 Bonus, the Executive shall not be entitled to receive any Bonus if he is not employed or is under notice, whether issued by the Executive or the Company, on 31 December of the relevant bonus year. All Bonus payments are subject to the terms of Aspen Holdings\u2019 or the Company's Malus and Clawback Policies that are in place from time to time.\n6.4 The Company may deduct from the Salary, Bonus, or any other payments to or terms owed to the Executive, any:\n6.4.1 money owed to the Company, Aspen Holdings or any Group Company by the Executive; and\n6.4.2 deductions or withholdings for or on account of Tax as may be required by law\n6.5 The Company shall review the Salary for increase at least once each year, and any change in the Salary resulting from such review will take effect from 1", "size": 40, "hash": "8b732ebce36b60433e1eabdb2f5df03d", "id": 10}, {"snippet_links": [{"key": "the-fund", "type": "clause", "offset": [0, 8]}, {"key": "to-pay", "type": "clause", "offset": [16, 22]}, {"key": "services-provided-by-the-adviser", "type": "clause", "offset": [82, 114]}, {"key": "base-management-fee", "type": "clause", "offset": [128, 147]}, {"key": "incentive-fee", "type": "definition", "offset": [155, 168]}, {"key": "payments-due-hereunder", "type": "clause", "offset": [219, 241]}, {"key": "to-the-adviser", "type": "clause", "offset": [242, 256]}], "samples": [{"hash": "hDvIh3jwBvW", "uri": "/contracts/hDvIh3jwBvW#remuneration", "label": "Investment Advisory Agreement (Guggenheim Investments Private Credit Fund)", "score": 35.3477058411, "published": true}, {"hash": "gdhKmP4mZfr", "uri": "/contracts/gdhKmP4mZfr#remuneration", "label": "Investment Advisory Agreement (T. 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The Fund shall make any payments due hereunder to the Adviser or to the Adviser\u2019s designee as the Adviser may otherwise direct.", "size": 53, "hash": "b49508b51bbe10f9a751a79533163d3a", "id": 7}, {"snippet_links": [{"key": "to-pay", "type": "clause", "offset": [19, 25]}, {"key": "the-warrant-agent", "type": "clause", "offset": [26, 43]}, {"key": "reasonable-remuneration", "type": "definition", "offset": [44, 67]}, {"key": "agreed-to", "type": "clause", "offset": [92, 101]}, {"key": "warrant-agent-for", "type": "clause", "offset": [122, 139]}, {"key": "agent-hereunder", "type": "clause", "offset": [164, 179]}, {"key": "upon-demand", "type": "clause", "offset": [217, 228]}, {"key": "the-execution", "type": "clause", "offset": [297, 310]}, {"key": "the-total", "type": "clause", "offset": [348, 357]}, {"key": "warrant-agent-fees", "type": "clause", "offset": [358, 376]}, {"key": "upon-execution", "type": "clause", "offset": [414, 428]}, {"key": "warrant-agreement", "type": "clause", "offset": [437, 454]}, {"key": "business-days-thereafter", "type": "clause", "offset": [508, 532]}, {"key": "an-invoice", "type": "clause", "offset": [534, 544]}, {"key": "payable-by-the-company", "type": "clause", "offset": [621, 643]}, {"key": "business-days-of", "type": "clause", "offset": [664, 680]}, {"key": "date-of", "type": "clause", "offset": [685, 692]}, {"key": "it-is-understood-and-agreed-that", "type": "definition", "offset": [707, 739]}, {"key": "performed-by", "type": "clause", "offset": [759, 771]}, {"key": "agent-shall", "type": "definition", "offset": [780, 791]}, {"key": "payment-for", "type": "clause", "offset": [806, 817]}, {"key": "in-accordance-with", "type": "definition", "offset": [853, 871]}, {"key": "not-commence", "type": "clause", "offset": [915, 927]}, {"key": "payment-due", "type": "definition", "offset": [949, 960]}, {"key": "received-by", "type": "definition", "offset": [970, 981]}], "samples": [{"hash": "bndN3rae7xe", "uri": "/contracts/bndN3rae7xe#remuneration", "label": "Warrant Agency Agreement (Advaxis, Inc.)", "score": 30.5605754852, "published": true}, {"hash": "eOsIGo6SYNZ", "uri": "/contracts/eOsIGo6SYNZ#remuneration", "label": "Warrant Agency Agreement (Advaxis, Inc.)", "score": 30.5523605347, "published": true}, {"hash": "evFc8IsQZcK", "uri": "/contracts/evFc8IsQZcK#remuneration", "label": "Warrant Agency Agreement (Advaxis, Inc.)", "score": 30.5386714935, "published": true}], "snippet": "The Company agrees to pay the Warrant Agent reasonable remuneration in an amount separately agreed to between Company and Warrant Agent for its services as Warrant Agent hereunder and will reimburse the Warrant Agent upon demand for all expenditures that the Warrant Agent may reasonably incur in the execution of its duties hereunder. One half of the total Warrant Agent fees (not including postage) must be paid upon execution of this Warrant Agreement. The remaining half must be paid within fifteen (15) Business Days thereafter. An invoice for any out-of-pocket and/or per item fees incurred will be rendered to and payable by the Company within fifteen (15) Business Days of the date of said invoice. It is understood and agreed that all services to be performed by Warrant Agent shall cease if full payment for its services has not been received in accordance with the above schedule, and said services will not commence thereafter until all payment due has been received by Warrant Agent.", "size": 53, "hash": "779fc5eac636d08ab9c40735a036272e", "id": 8}, {"snippet_links": [{"key": "by-the-executive", "type": "clause", "offset": [59, 75]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [76, 102]}, {"key": "company-includes", "type": "clause", "offset": [112, 128]}, {"key": "prc-law", "type": "clause", "offset": [202, 209]}, {"key": "works-made-for-hire", "type": "clause", "offset": [219, 238]}, {"key": "inventions-assigned-to-the-company", "type": "clause", "offset": [277, 311]}], "samples": [{"hash": "6IEtotZyXRY", "uri": "/contracts/6IEtotZyXRY#remuneration", "label": "Employment Agreement (Jinxin Technology Holding Co)", "score": 32.6043815613, "published": true}, {"hash": "2WqCSmxOiz3", "uri": "/contracts/2WqCSmxOiz3#remuneration", "label": "Employment Agreement (Kuke Music Holding LTD)", "score": 29.96235466, "published": true}, {"hash": "8fj9Xx8BbLy", "uri": "/contracts/8fj9Xx8BbLy#remuneration", "label": "Employment Agreement (Jiayin Group Inc.)", "score": 27.9637241364, "published": true}], "snippet": "The Executive hereby agrees that the remuneration received by the Executive pursuant to this Agreement with the Company includes any remuneration which the Executive may be entitled to under applicable PRC law for any \u201cworks made for hire,\u201d \u201cinventions made for hire\u201d or other Inventions assigned to the Company pursuant to this Agreement.", "size": 51, "hash": "907d9b08847b62c00ea14467e938cdbd", "id": 9}], "next_curs": "ClUST2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjELEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhVyZW11bmVyYXRpb24jMDAwMDAwMGEMogECZW4YACAA", "clause": {"parents": [["concerning-the-warrant-agent-and-other-matters", "Concerning the Warrant Agent and Other Matters"], ["fees-and-expenses-of-warrant-agent", "Fees and Expenses of Warrant Agent"], ["fees-and-expenses-of-rights-agent", "Fees and Expenses of Rights Agent"], ["concerning-the-rights-agent-and-other-matters", "Concerning the Rights Agent and Other Matters"], ["concerning-the-right-agent-and-other-matters", "Concerning the Right Agent and Other Matters"]], "size": 19204, "title": "Remuneration", "children": [["", ""], ["expenses", "Expenses"], ["base-salary", "Base Salary"], ["benefits", "Benefits"], ["salary", "Salary"]], "id": "remuneration", "related": [["remuneration-and-fees", "Remuneration and fees", "<strong>Remuneration</strong> and fees"], ["remuneration-of-directors", "Remuneration of Directors", "<strong>Remuneration</strong> of Directors"], ["remuneration-of-escrow-agent", "Remuneration of Escrow Agent", "<strong>Remuneration</strong> of Escrow Agent"], ["remuneration-and-benefits", "REMUNERATION AND BENEFITS", "<strong>REMUNERATION</strong> AND BENEFITS"], ["remuneration-and-expenses", "Remuneration and Expenses", "<strong>Remuneration</strong> and Expenses"]], "related_snippets": [], "updated": "2026-07-01T04:28:54+00:00", "also_ask": ["What are the most effective negotiation levers for adjusting remuneration terms?", "Which essential components must be included to ensure enforceability of remuneration clauses?", "What are the most common risks or loopholes that undermine remuneration provisions?", "How do remuneration clauses in this jurisdiction compare to those in other key markets?", "What factors do courts consider when determining if a remuneration clause is fair and enforceable?"], "drafting_tip": "Specify payment amounts and schedules to ensure clarity; define payment methods to prevent disputes; state conditions for adjustments to maintain fairness.", "explanation": "The Remuneration clause defines the payment terms and compensation structure between the parties involved in an agreement. It typically outlines how much will be paid, the schedule or milestones for payment, and any conditions or methods for making payments, such as bank transfers or invoicing requirements. This clause ensures both parties have a clear understanding of financial obligations, reducing the risk of disputes over payment and providing a framework for timely and accurate compensation."}, "json": true, "cursor": ""}}