Traffic Termination Compensation Sample Clauses

Traffic Termination Compensation. 4.2.1 This Section 4.2 is expressly limited to the transport and termination of Local/EAS Traffic originated by and terminated to End User Customers of the Parties in this Agreement. Both Parties agree that the traffic is roughly in balance and therefore compensation for Local/EAS/ISP-Bound Traffic shall be in the form of the mutual exchange of services provided by the other Party with no minute of use billing related to exchange of such traffic issued by either Party.
AutoNDA by SimpleDocs
Traffic Termination Compensation. This Section 4.2 is expressly limited to the transport and termination of Local Traffic, EAS Traffic and ISP-Bound Traffic originated by and terminated to End User Customers of the Parties to this Agreement. Neither Party expects to exchange significant amounts of ISP Bound Traffic between the two networks. The terms specified in this Section 4.2 shall apply to de minimis amounts of ISP Bound Traffic. If ISP Bound Traffic exceeds 50,000 minutes per month for three
Traffic Termination Compensation. 4.2.1 This Section 4.2.1 is expressly limited to the transport and termination of Local Traffic, and EAS Traffic originated by and terminated to End User Customers of the Parties in this Agreement. The originating Party shall pay a minute of use intercarrier compensation rate listed in the Pricing Attachment for all traffic it originates.
Traffic Termination Compensation. 3.2.1 This Section 3.2 is expressly limited to the transport and termination of Local and EAS Traffic and ISP Bound Traffic originated by and terminated to End-User Customers of the Parties in this Agreement. The Parties shall, initially, assume that Local Traffic originated by or terminated to the Parties’ end-user customers is balanced between the Parties unless traffic studies indicate otherwise. Accordingly, the Parties agree to use a Xxxx and Keep arrangement with respect to reciprocal compensation. Should a jointly conducted traffic study indicate that there is an imbalance beyond the parameters of 45%-55%, either Party may notify the other Party that reciprocal and symmetrical compensation will commence within 30 days provided that ISP Bound traffic that exceeds ten
Traffic Termination Compensation. 4.2.1 This Section 4.2 is expressly limited to the transport and termination of Local/ELCS/EAS Traffic and ISP-Bound Traffic originated by and terminated to End User Customers of the Parties in this Agreement or of the Parties’ Retail Provider customers. Because such traffic is believed to be in balance, both Parties agree that compensation for Local/EAS Traffic and ISP-Bound Traffic shall be on a bill and keep basis in the form of the mutual exchange of services provided by the other Party with no minute of use billing related to transport and termination of such traffic issued by either Party. ELECTRONICALLY FILED - 2018 April 25 10:28 AM - SCPSC - Docket # 2018-145-C - Page 49 of 56 48 of 55 Interconnection Attachment

Related to Traffic Termination Compensation

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Severance Compensation upon Termination of Employment If the Company shall terminate the Executive’s employment other than pursuant to Section 5(a), (b) or (c) or if the Executive shall terminate his employment for Good Reason, then the Company shall pay to the Executive as severance pay in a lump sum, in cash, on the fifth day following the Date of Termination, an amount equal to three (3) times the average of the aggregate annual compensation paid to the Executive during the three (3) fiscal years of the Company immediately preceding the Change of Control by the Company subject to United States income taxes (or, such fewer number of fiscal years if the Executive has not been employed by the Company during each of the preceding three (3) fiscal years).

  • Termination Benefits (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

  • Vacation Pay on Termination An employee whose employment is terminated shall receive vacation pay at the appropriate percentage of the wages or salary earned during the period of entitlement in accordance with the employee's years of service.

  • Employment Compensation Schedule 3.16 contains a true and correct list of all employees to whom Company is paying compensation, including bonuses and incentives, at an annual rate in excess of Fifteen Thousand Dollars ($15,000) for services rendered or otherwise; and in the case of salaried employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

  • Compensation Upon Termination of Employment If the Executive’s employment hereunder is terminated, in accordance with the provisions of Article III hereof, and except for any other rights or benefits specifically provided for herein to be effective following the Executive’s period of employment, the Company will provide compensation and benefits to the Executive only as follows:

  • Termination of Employment with Severance Benefits (a) The Executive shall be entitled to the severance benefits described in section 9(b) in the event that:

  • Employment and Compensation The following terms and conditions will govern the Executive’s employment with the Company throughout the Term.

  • Employment Period Compensation In consideration of the other provisions of this Agreement, and the Executive’s agreement to execute a Release Agreement, substantially in the form attached hereto as Exhibit B, in the event of his termination under relevant circumstances pursuant to which he would be paid severance benefits, ESC shall provide the Executive with the following payments and benefits, both those set forth in this section and elsewhere in this Agreement:

  • Effective Date of Benefit Termination Medical, dental and life coverage termination will take effect on the first of the month following the loss of eligible employee or dependent status. Disability benefit coverage terminations will take effect on the day following loss of eligible employee status.

Time is Money Join Law Insider Premium to draft better contracts faster.