Service and Compensation. (i) Notwithstanding that the Manager shall be an employee of a Member (or its Affiliate), the Manager shall discharge the duties set forth above. The Manager may engage other employees of the Member (or its Affiliate) of which the Manager is an employee, and third party contractors, to assist the Manager in discharging the duties described above, subject to the provisions below. Subject to the provisions next below, the Company shall pay to the Member (or its Affiliate, as applicable) that is the employer of the Manager (and such other employees of such Member or Affiliate of such Member who are assisting the Manager), for the man-hours expended by the Manager and such other employees (rounded to the nearest quarter of man-hour) at rates agreed upon by the Management Committee.
Service and Compensation. Notwithstanding that the Manager shall be an employee of the Member (or its Wholly-Owner Affiliate), the Manager shall discharge the duties set forth above. The Manager may engage other employees of the Member (or its Wholly-Owned Affiliate) of which the Manager is an employee, and/or third party contractors, to assist the Manager in discharging the duties described above. Subject to the provisions next below, the Company shall pay to the Member (or its Wholly-Owned Affiliate, as applicable), and such other employees of the Member (or its Wholly-Owned Affiliate) who are assisting the Manager, for the man-hours expended by the Manager and such other employees (rounded to the nearest quarter of a man-hour) at the rates set forth in Exhibit B attached hereto (which rates each shall escalate on the first day of each calendar year during the term hereof by an amount which is 3% of the rate applicable during the prior calendar year). The Manager shall provide to the Executive Committee, as part of the Budget, an annual budget with respect to services performed by the Manager, employees and third party contractors, as described above, and for other costs associated therewith. Any payment for services or third party contractor expenses which causes the annual budgeted amount for a budgeted category to be exceeded by 10% shall require approval of the Executive Committee. The annual budget for services to be performed by the Manager shall be reviewed quarterly by the Manager and the Executive Committee, and shall be revised as appropriate. In addition, the Manager shall communicate promptly to the Executive Committee any significant variances from estimates set forth in the Budget with respect to the services of the Manager, employees and third party contractors.
Service and Compensation. Contractor agrees to provide, on demand by TDIS, motor carrier services to meet TDIS's distinct service needs, as described in Addendum 1, under the conditions, terms and for the compensation shown in that Addendum, which may be amended from time to time in writing by mutual agreement between the Parties. Nothing contained herein shall require contractor to supply transportation equipment and drivers at any location(s) unless contractor has adequate notice to purchase and or lease transportation equipment and hire such additional drivers as TDIS's service needs require.
Service and Compensation. The Associate Vendor shall provide the services to the Contractor in accordance with the terms of this Agreement and Client’s requirements for temporary workers as communicated to Associate Vendor from time to time by the Contractor. Associate Vendor agrees that such services shall be provided in strict accordance with the Annotated Client Contract attached hereto as Attachment B (representing the Associate Vendor’s obligations to Contractor and/or Client pursuant to the Client Contract). Communication of the Client’s Assigned Employees requirements shall typically be made through the XRMSM System or by e-mail from Acro’s Maricopa County Program Manager. The Associate Vendor shall be compensated for services performed by Associate Vendor’s Assigned Employees as stated herein. With respect to each Assigned Employee, Associate Vendor’s Billing Rate to Contractor shall be determined by multiplying (i) the sum of one plus the applicable Markup from Exhibit A (Administrative, Professional and other noted positions), or Exhibit B (Information Technology, “IT”, positions) or Exhibit C (Medical positions) and (ii) the Assigned Employee’s Pay Rate. In other words, the Billing Rate for an Assigned Employee shall be determined by the formula: Billing Rate = (applicable Pay Rate from Exhibit A, B or C) x (1 + applicable Markup from Exhibit A, B or C). The Assigned Employee’s Pay Rate shall be within the pay rate ranges specified in the applicable Exhibit A, B or C, unless otherwise approved in writing by Contractor and/or Maricopa County. The Billing Rates determined as specified in Subsection 1.2 above shall apply to new Assigned Employees placed by the Associate Vendor following execution of this Agreement. The Billing Rates for any existing employees of Associate Vendor that are transitioned to perform services under this Agreement shall be determined through negotiations between Client, Contractor and Associate Vendor, as applicable, as and when the need arises for such transition. Contractor agrees to pay Associate Vendor, as specified herein, for all Straight Time and Overtime hours worked by the Assigned Employees on behalf of and approved by Maricopa County. Straight Time means work of less than or equal to 40 hours worked per week, billed at the rate shown on Attachment A. Overtime means work of more than 40 hours per week (unless defined differently in the U.S. state where the work is performed, in which case Overtime work shall be as defined by such state) ...
Service and Compensation. Credit for the length of service and for benefits status granted prior to going on leave is retained by the employee upon return. The employee is eligible to receive any increases which would have accrued if the employee had been on the job.
Service and Compensation. (a) Xx. Xxxxx shall continue to serve in his present capacity as Chairman of the Board from January 1, 2012 until the expiration of his current term in 2012 (the “Current Service Period”), after which he may stand for reelection. During the Current Service Period, the Company shall continue to compensate Xx. Xxxxx for his service at his current rate of $200,000 per year. Xx. Xxxxx will receive this compensation through the Company’s regular, bi-weekly payroll process. During this period, Xx. Xxxxx shall not be entitled to any additional compensation, including, without limitation, bonuses, equity awards, meeting fees, retainers or other compensation, for his service on the Board or in any other capacity.
Service and Compensation. The Executive shall continue to serve as interim Chief Executive Officer of the Company until December 31, 2002, or if earlier, until the Company employs a permanent Chief Executive Officer. The Executive shall also continue to serve as a member of the board of directors of the Company. The Company acknowledges that the Executive will be employed simultaneously as Chief Executive Officer of Optimark Holdings, Inc. and its subsidiary, Optimark, Inc., and will serve on the boards of such companies. The Company hereby consents to such employment and to the Executive's service on the boards of directors of other companies. During the period he is serving as interim Chief Executive Officer of the Company, the Executive will receive salary and bonus payments from Optimark, Inc. and the Company shall reimburse Optimark, Inc. for a portion of such payments as agreed between the Company and Optimark, Inc. The Executive shall be compensated for his duties as a member of the board of directors of the Company (after he ceases to serve as Chief Executive Officer) at the same rate as the other independent directors serving on such board of directors. Any Company options previously granted to the Executive pursuant to Section 2 shall be taken into account in determining the Executive's compensation as a member of the Company's board of directors.
