COMPENSATION TO CONSULTANT definition

COMPENSATION TO CONSULTANT is amended by changing the total amount of the contract in paragraph 6.1 to read as follows: “Consultant shall submit monthly invoices in arrears indicating for each item of the Work the task performed, hours of work expended (in quarter-hour increments), hourly rate or rates of persons performing the task, and copies of receipts for reimbursable materials or expenses. Compensation to Consultant shall be paid on a task related time-and-materials basis, with a cost-not-to- exceed limit of Two Hundred Fifty Thousand Dollars and no Cents $250,000.00) in accordance with the fee schedule and list of reimbursable expenses set forth in Attachment B attached and incorporated by this reference.”
Source 1Source 2

Examples of COMPENSATION TO CONSULTANT in a sentence

  • THE ADDITIONAL COST IS COMPENSATION TO CONSULTANT FOR INCREASING THE CONSULTANT'S LIMIT OF LIABILITY.

  • THE COMPANY SHALL PAY COMPENSATION TO CONSULTANT CONSISTING OF AN ANNUAL BASE COMPENSATION, BONUSES AND OTHER, BENEFITS AS DESCRIBED IN THIS AGREEMENT.

  • THE ACCEPTANCE BY CONSULTANT OF THE FINAL PAYMENT MADE UNDER THIS AGREEMENT SHALL OPERATE AS AND BE A RELEASE OF CITY FROM ALL CLAIMS AND LIABILITIES FOR COMPENSATION TO CONSULTANT FOR ANYTHING DONE, FURNISHED OR RELATING TO CONSULTANT’S WORK OR SERVICES.

Related to COMPENSATION TO CONSULTANT

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Consultant means any person, including an advisor, engaged by the Company or a Parent or Subsidiary to render services to such entity.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Sub-consultant means an entity to whom the Consultant intends to subcontract any part of the Services while the Consultant remains responsible to the Procuring Entity during the whole performance of the Contract.