Distribution Portion definition

Distribution Portion means the portion of the Bonus Pool to which a Participant shall be entitled upon the occurrence of a Payment Event as designated by the Committee, subject to the conditions set forth in the Plan and the Notice Agreement.
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Examples of Distribution Portion in a sentence

  • The Operating Fee shall be paid weekly in arrears simultaneously with the User Distribution Portion.

  • Provider shall distribute the User Distribution Portion in accordance with the terms of this Agreement to User’s Digital Currency Wallet as defined below.

  • User’s Digital Currency Wallet is the address that User provides to Provider, as instructed by User from time to time, for the payment to User of the User Distribution Portion and transfer of bitcoins pursuant to this Agreement.

  • User shall pay to Provider, as a deduction before the distribution of the User Distribution Portion, the operating fee (the “Operating Fee”), which will equal ten percent (10%) of the gross Products.

  • The User Distribution Portion will equal fifty percent (50%) of the Products remaining after deducting the Operating Fee and Electricity Costs as described below.

  • Such subordination shall apply only to the extent of the lesser of (a) the Distribution Portion in the amount set forth in the Assignment that the Qualified Retailer signs and delivers to Purchaser on or before the Closing Date and (b) the amount set forth beside the name of the applicable Qualified Retailer in the Supply Agreement Adjustment Spreadsheet.