Remuneration and fees. In most cases we are paid by commission from the insurer but in some circumstances, we may charge you a fee instead of commission or a combination of both where we arrange policies with a low commission. Where we charge a fee, this will not be liable for insurance premium tax or value added tax (insurance is a VAT exempt industry). All fees will be advised verbally and/or will be included within the Statement of Price document before you incept your policy. We will also make the following administration charges per policy: See Appendix 1 Our commission and fee(s) are earned on placement of your insurance. If you make a change or cancel your policy mid-term (other than in the 14-day Cooling Off period) which results in a return premium, we will retain all fees and any commission to cover our administration and advisory services. Our fees will be clearly shown in any invoice we issue to you, and we will advise you of the amount of any charge before you become liable to paying it. We have arrangements with some insurers to receive additional payments reflecting the size and/or profitability of our account with them and/or in respect of work we undertake on their behalf, and we will advise you where this is the case.
Remuneration and fees. In most cases we are paid by commission from the insurer but in some circumstances, we may charge you a fee instead of commission or a combination of both. Where we charge a fee, this will not be liable for insurance premium tax or value added tax (insurance is a VAT exempt industry). There may be occasions when an additional fee is sought, for example upon acquisition of another company, any changes to the risk that require significant further advice and placement of additional coverage, the provision of additional risk management services or substantial involvement in any large, difficult or complex claims. We will also make individual client administration charges per policy: See Appendix 1 Our commission and fee(s) are earned on placement of your insurance. If you make a change or cancel your policy mid-term which results in a return premium, we will retain all fees and any commission to cover our administration and advisory services. We will advise you of the amount of any charge before you become liable to paying it. In addition to your fee and/or commission some insurers may make additional payments to us reflecting the size and/or profitability of our account with them and/or in respect of work we undertake on their behalf. You are entitled, at any time, to request information regarding any commission which we may have received as a result of placing your insurance business.
Remuneration and fees. In most cases we are paid by commission from the insurer but in some circumstances, we may charge you a fee instead of commission or a combination of both where we arrange policies with a low commission. Where we charge a fee, this will not be liable for insurance premium tax or value added tax (insurance is a VAT exempt industry). All fees will be advised verbally and/or will be included within the Statement of Price document before you incept your policy. We will also make the following administration charges per policy: Reason for Charge Administration Fee Private Car New Business £50 Renewal/ Replacement £50 Mid-term Adjustment - per occurrence £25 Cancellation (including during the 14-day Cooling Off period) £25 Our commission and fee(s) are earned on placement of your insurance. If you make a change or cancel your policy mid-term (other than in the 14-day Cooling Off period) which results in a return premium, we will retain all fees and any commission to cover our administration and advisory services. Our fees will be clearly shown in any invoice we issue to you, and we will advise you of the amount of any charge before you become liable to paying it. We have arrangements with some insurers to receive additional payments reflecting the size and/or profitability of our account with them and/or in respect of work we undertake on their behalf, and we will advise you where this is the case.
Remuneration and fees. In most cases we are paid a commission from the insurer, however in some cases we may charge you a fee instead, or a combination of both. If we charge a fee instead of commission or a fee and commission, we will confirm this to you in writing at the time of incepting or renewing your policy. Where we charge you a fee this is not liable for insurance premium tax or value added tax (insurance is a VAT exempt industry). There may be occasions when we need to charge an additional fee, for example any changes to the risk that require significant further advice, arrangement of additional cover or substantial assistance provided in any large or complex claims. We will provide you with information on the nature and amount of the fees we charge before placing, or renewing, your policy, and will also on request provide details of the commission we earn for that placement or renewal. We may also charge you an administration fee for making a change to, or for cancelling, your insurance policy. The amount of such fee will be confirmed in writing to you prior to the change to your policy being made or cancellation of your policy. Where the amount of the refunded premium is less than £10 (per policy) we will retain such amount, but where a mid-term adjustment or cancellation charge is made, we will set it off against such charge. This paragraph does not otherwise affect any cancellation/refund rights which you may have. In addition to your fee and/or insurer commission some insurers may make additional payments to us reflecting the size and/or profitability of our account with them and/or in respect of work we undertake on their behalf. You are entitled, at any time, to request information regarding any commission which we may have received when placing your insurance business.
Remuneration and fees. 16.1 The Company will pay Service Provider in accordance with the provisions of the Schedules. Within thirty (30) days of receipt of an invoice from Service Provider, Company shall pay Service Provider semi-annually in arrears. Such invoices shall be provided at the end of the second and fourth quarters of each calendar year, if applicable.
Remuneration and fees. (A) Remuneration If notification has been given as set out in 31.9 para A, or if management requests the attendance of the shop xxxxxxx during working hours regarding matters relating to the enterprise and the workers, the shop xxxxxxx must be paid his or her average earnings over the preceding quarter of the year for the time spent on such matters. For meetings outside normal hours of work held at the request of the employer, the shop xxxxxxx must be paid overtime rates for hours that exceed his or her normal hours of work. The guidelines for works councils apply to works council meetings. Para B Fees Shop stewards elected in accordance with the provisions of this collective agreement receive an annual fee, of which 50% is paid every six months. The amount is paid as compensation for the shop xxxxxxx’x performance of his or her duties outside normal working hours. It is not associated with any pension or holiday allowance entitlements. The electoral base is computed in connection with a new shop xxxxxxx election and subsequently once a year. If the position of shop xxxxxxx ceases to exist, the fee will lapse. It is a condition for payment of the fee that the shop xxxxxxx has completed the basic training programme provided by the 3F Transport Group, which currently lasts four weeks. The fee payable is as follows: • with an electorate of 49 or fewer workers: DKK 9,000 annually; • with an electorate of 50-99 workers: DKK 16,500 annually; • with an electorate of 100 people or more: DKK 33,000 annually. As regards joint shop stewards, the number is calculated as the sum of the workers represented. If an agreement on remuneration of the shop xxxxxxx has already been made in the enterprise, such fee may be set off against the fee mentioned above.
Remuneration and fees. In most cases we are paid a commission from the insurer, however in some cases we may charge you a fee instead, or a combination of both. If we charge a fee instead of commission or a fee and commission, we will confirm this to you in writing at the time of incepting or renewing your policy. Where we charge you a fee this is not liable for insurance premium tax or value added tax (insurance is a VAT exempt industry). There may be occasions when we need to charge an additional fee, for example any changes to the risk that require significant further advice, arrangement of additional cover or substantial assistance provided in any large or complex claims. We will also charge an administration fee of £50 per policy for arranging a policy, £50 per policy for renewing a policy and £25 per mid-term adjustment made on any policy or mid-term cancellation. In addition, if you make a change or cancel your policy mid-term which results in a return premium, we will retain all fees and any commission to cover our administration and advisory services. We will advise you of the amount of any charge before you become liable to paying it. In addition to your fee and/or insurer commission some insurers may make additional payments to us reflecting the size and/or profitability of our account with them and/or in respect of work we undertake on their behalf. You are entitled, at any time, to request information regarding any commission which we may have received when placing your insurance business.
Remuneration and fees. 6.1 In consideration of the services provided by the Manager under this Agreement the relevant Subsidiary, failing which the Company, agrees to pay to the Manager fees calculated from the Effective Date as follows (the “Management Fees”):
Remuneration and fees. 6.1 In consideration for the secondment of the Secondee to the Host Company by the Employer, the Host Company agrees to pay directly to the Secondee a gross compensation of Euro 250,000 per annum (the "Compensation") to be paid in equal monthly instalments in arrears on or about the last day of each calendar month by credit transfer with no compulsory 20% withholding pursuant to Luxembourg tax laws as a result of the commitment set forth in Section 2.2 above. For the avoidance of doubt, the Compensation shall be made into the following bank account located in the USA: Bank: National City Bank, Indianapolis, IN SWIFT Code: XXXXXX00 Acct. Name: Simon Property Group Administrative Services Partnership Acct #: 000-000-000 Reference: Salary Reimbursement—Xxxxxxx, notify Xxxxxx Xxxxx (000) 000-0000. In this respect, the Secondee represents that he is a US citizen and a non domiciled resident in the United Kingdom, and that as a result the Compensation shall be subject to taxes in the USA as part of his worldwide income.
Remuneration and fees. 6.1 In consideration of the Management Services provided by the Manager under this Agreement, and in addition to the Ship management fees payable by each Subsidiary to the Manager under the Management Agreements, the payment of which is hereby guaranteed by the Company, and the Premises Fee payable pursuant to Clause 3.2.4 above, the Company agrees to pay to the Manager fees calculated from the Effective Date as follows (the “Management Fees”):
