Additional Remuneration. In the event of an Issuer Event of Default, a Guarantor Event of Default, Potential Issuer Event of Default or Potential Guarantor Event of Default occurring or in the event of the Bond Trustee finding it expedient or necessary or being required by the Issuer or (as the case may be) the Guarantor to undertake any duties which the Bond Trustee and the Issuer or the Guarantor agree to be of an exceptional nature or otherwise outside the scope of the normal duties of the Bond Trustee under or pursuant to this Agreement, the Issuer or the Guarantor shall pay to the Bond Trustee such additional remuneration as shall be agreed between the Bond Trustee and the Guarantor.
Additional Remuneration. From April 1, 2015 to March 31, 2016 The employee shall be entitled to additional remuneration corresponding to $0.30 for each hour paid3 from April 1, 2015 to March 31, 2016. From April 1, 2019 to March 31, 2020 The employee shall also be entitled to additional remuneration corresponding to $0.16 for each hour paid3 from April 1, 2019 to March 31, 2020.
Additional Remuneration. In the event of the occurrence of an Intercompany Loan Event of Default or a Potential Intercompany Loan Event of Default or the Security Trustee giving an Intercompany Loan Enforcement Notice or the Security Trustee using its reasonable endeavours to appoint and maintain an Authorised Third Party or considering it expedient or necessary or being requested by Funding to undertake duties which the Security Trustee and Funding agree to be of an exceptional nature or otherwise outside the scope of the normal duties of the Security Trustee under this Second Priority Funding Deed of Charge, Funding shall pay to the Security Trustee such additional remuneration as shall be agreed between them. In the event of the Security Trustee failing to agree upon whether such duties shall be of an exceptional nature or otherwise outside the scope of the normal duties of the Security Trustee under this Second Priority Funding Deed of Charge, or upon such additional remuneration, then such matter shall be determined by a merchant bank (acting as an expert and not as an arbitrator) selected by the Security Trustee and approved by Funding or, failing such approval, nominated (on the application of the Security Trustee) by the President for the time being of the Law Society of England and Wales (the expense involved in such nomination and the fees of such merchant bank being payable by Funding) and the determination of any such merchant bank shall be final and binding upon the Security Trustee and Funding.
Additional Remuneration. In the event that Vale makes any cash distributions to holders of its ADSs, the Company shall pay to Holders an amount in U.S. dollars equal to any cash distributions (net of any applicable withholding tax and fees) paid by the ADS Depositary to a U.S. Holder of one ADS, multiplied by the number of ADSs that would be received upon conversion of the Notes at the Maximum Conversion Rate (the resulting amounts, the “Additional Remuneration”). For purposes of this Section 2.2(e), cash distributions include distributions in the form of interest on capital under Brazilian law. Subject to Section 2.4(d), the Additional Remuneration will be payable to Holders as of the record date for the related cash distribution on the ADSs, and such payments will be made to such Record Holders on the payment date of the related cash distribution. Promptly following the Company’s determination that Holders will be entitled to receive any Additional Remuneration, the Company will notify the Trustee and issue a press release through Dow Xxxxx & Company, Inc., PR Newswire, Business Wire or Bloomberg Business News (or, if such organizations are not in existence at the time of issuance of such press release, such other news or press organization as is reasonably calculated to broadly disseminate the relevant information to the public) containing the relevant information (a “Press Release”).
Additional Remuneration. The Executive will also be eligible to receive an annual cash bonus of up to 60% of the Executive’s Base Salary for each fiscal year (the “Annual Bonus”), less withholding required by law, based on performance criteria established by the Board of Directors, which criteria shall be subject to change from year to year, in the discretion of the Board of Directors. Annual Bonus criteria shall be determined by the Board of Directors or any committee to whom the Board of Directors has delegated said responsibility, by no later than the first 60 days in each fiscal year. Except as otherwise determined by the Board of Directors or set forth herein, the Executive’s Annual Bonus will be paid only if the Executive is actively employed by and in good standing with the Corporation at the time of such bonus payments. Any period of notice which was given or ought to have been given, will not be deemed to be active employment.
Additional Remuneration. A) Payment for service worked April 1, 2019, to March 31, 2020 The employee is entitled to additional remuneration corresponding to $0.33 for each remunerated1 hour from April 1, 2019, to March 31, 2020. This additional remuneration is paid in a single payment thirty (30) days after the signature of the collective agreement.
Additional Remuneration. If by arrangement with the Board any Director shall perform or render any special duties or services outside his or her ordinary duties as a Director and not in his or her capacity as a holder of employment or executive office, he or she may be paid such reasonable additional remuneration (whether by way of salary, commission, participation in profits or otherwise) as the Board may determine.
Additional Remuneration. A. Additional pay for faculty may be approved for professional activities, if these activities support the academic programs of the college and are above and beyond one's contractual responsibilities.
Additional Remuneration. The Executive will also be eligible to receive an annual cash bonus of up to $125,000 for each fiscal year (the “Annual Bonus”), less withholding required by law, based on performance criteria established by the Chief Executive Officer, which criteria shall be subject to change from year to year, in the discretion of the Chief Executive Officer. During the first six months of employee the bonus amount of $62,500 shall be guaranteed. Annual Bonus criteria shall be determined by the Chief Executive Officer and approved by the Board of Directors, by no later than the first 60 days in each fiscal year. Except as otherwise determined by the Board of Directors or set forth herein, the Executive’s Annual Bonus will be paid only if the Executive is actively employed by and in good standing with the Corporation at the time of such bonus payments. Any period of notice which was given or ought to have been given, will not be deemed to be active employment. The Executive will be granted an option to acquire 150,000 common shares in Wescom Inc. The options will have a strike price equivalent to their fair market value, as determined by the Board of Directors, commencement of employment and will vest over four years at 25% per annum. In the event of a acquisition of the Wescom by a third party, 50% of the unvested options shall vest on the date on closing of the transaction.
Additional Remuneration. During each Successive Term, if any, Executive shall be entitled to only such additional remuneration and benefits as may be negotiated and mutually agreed upon in writing by the Parties, provided that absent an agreement to the contrary, Executive shall continue to receive the Annual Salary during each Successive Term, if any.
