Transition Compensation. During the Transition Term, the Company shall,
Transition Compensation. Subject to Section 4, in consideration of compensation which the Executive will forego at her present employer and as an inducement to accept employment with the Company, the Executive shall receive the following additional compensation:
Transition Compensation. In addition to continuing to receive his base salary in effect as of December 2010, while he remains employed during the Transition Period, Executive shall receive the following compensation:
Transition Compensation. As a result of Executive’s transition of responsibilities from the office of Chief Operating Officer to the office of Senior Vice President, Global Supply Chain, Executive shall receive the following transition compensation during the Transition Support Period (defined herein).
Transition Compensation. Subject to the terms and conditions of this Section 4.1, Sprint agrees to compensate Horizon for the net operating losses which Horizon will incur in the operation of the nTelos Service Area from the date of this Agreement to the earliest to occur of the following (i) August 2, 2004; (ii) the Effective Date; (iii) entry by the Bankruptcy Court of a final order of the Bankruptcy Court denying Horizon's motion to approve this Agreement and the Release; or (iv) the mutual written agreement of the parties (the "Transition Period"). The compensation payment will be equal to $25,000 multiplied by the number of days during the Transition Period (the "Transition Payment"). The Transition Payment shall be due in full upon the earliest to occur of (a) the Effective Date and (b) 3 business days following the expiration of the Transition Period. The Transition Payment shall be treated as additional Purchase Price for the Purchased Assets. Notwithstanding any provision herein to the contrary, in no event will the Transition Payment exceed $2 million.
Transition Compensation. Subject to Section 1.05, the Manager shall be solely responsible for the determination and payment of all compensation payable to the Key Employees, the Offer Employees and any other employee of the Manager providing services to the Company with respect to all periods prior to the Effective Date, whether payable prior to or following the Effective Date; provided, however, that the total annual compensation payable by the Manager to each such employee with respect to all periods prior to the Effective Date shall not be less than the total annual salary and cash bonus that was paid by the Manager to such employee in 2019 (the “Minimum Cash Compensation”) and that the Minimum Cash Compensation for the fiscal year in which the Effective Date falls shall be prorated through the Effective Date.
Transition Compensation. This covenant/contract can be terminated with the concurrence of the Presbytery with thirty (30) days notice by either the Interim Pastor or the Session. The approval of a call to a pastor candidate to be installed by the Presbytery shall constitute notice. Transition compensation in the form of effective salary and allowance shall be paid to the Interim Pastor for a period not to exceed two months (60 days) beyond the end of the Interim Pastor service. Transition compensation will also end at the start of the Interim Pastor next full-time service, and be adjusted in the case of part-time work. Effective Date of Covenant/ Contract The Session of Presbyterian Church takes official action to enter into this covenant/contractual relationship on . With Interim Pastor, who agrees to this covenant/contractual relationship on . Signatures: Clerk of the Session: Date: Printed Name For the Interim Pastor: Date: Printed Name --------------------------------------------------------------------------------------------------------------------- Return completed form by email to COM xxxxxx@xxxxxxxxxxxxxxx.xxx or regular mail. For COM office use only Presbytery of the Peaks - COM Date Received: PO Box 2519 Date Accepted: Forest, VA 24551 Date Approved:
Transition Compensation. Kilgore will receive a cash payment of $100,000 (less witholdings) xxxxxx 30 days of hire. An additional $100,000 (less withholdings) cash payment will be paid within 30 days of the first anniversary date of hire, assuming continued employment and satisfactory performance.
Transition Compensation. The Company will pay you a fee of $16,500 per calendar month during the Transition Period. The Company will pay you the fees set forth in items 2 through 4 on a bi-monthly basis; half of the monthly fee will be paid on the 15th and the 30th of each calendar month (i.e., in accordance with the Company’s normal payroll schedule). In the case of a partial calendar month, the Company will pay you a pro rata portion of the monthly fee.
Transition Compensation. In connection with the elimination of Your position with jcpenney, if You remain employed until Your Employment Termination Date You will be entitled to the following transition compensation, subject to Your agreement to the Covenants and Representations contained in Section 4 and the Releases contained in Section 6.
