COMPENSATION A. Basic Definition For Plan Years beginning on or after January 1, 1989, the following definition of Compensation shall apply: As elected by the Employer in the Adoption Agreement (and if no election is made, W-2 wages will be deemed to have been selected), Compensation shall mean one of the following:
COMPENSATION A. Commissions At the beginning of each calendar week (each Monday), or on a more frequent basis as determined solely by SBC (but not more frequently than daily), Phone1 shall forward to SBC an electronic data feed containing the Call Detail Records of all completed Phone1 calls made during the prior calendar week (Monday through Sunday), or if received on a daily basis, during the previous day, and any other calls not previously forwarded, broken down between call types. SBC shall acknowledge receipt of the Call Detail Records and confirm the total numbers for each call type, which Phone1 shall use to determine if the success of the data transmission. Unless agreed to otherwise by the Parties, if the beginning of a calendar week falls on a holiday (defined as a day the federal government is closed), Phone1 shall forward to SBC the Call Detail Records on the next business day (Tuesday) of all Phone1 calls made during the prior calendar week or day, as applicable. On the first Monday of each calendar month, Phone1 shall, along with transmitting the Call Detail Records for the previous week, invoice SBC for the Phone1 calls made during the entire previous calendar month. SBC shall pay to Phone1 the revenues generated from the Phone1 calls ("Gross Receipts"), less commissions owed by Phone1 to SBC calculated as a percentage of the revenues according to the following schedule ("Net Receipts"): SBC COMMISSIONS --------------- DOMESTIC LONG DISTANCE Attachment A INTERNATIONAL LONG DISTANCE Attachment B [CONFIDENTIAL INFORMATION HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2] B. Dial-Around Waiver. SBC understands that Phone1's provision of the Services may utilize a toll-free 1-800 subscriber or access number or numbers. In further consideration of the Services, SBC hereby agrees to waive its entitlement, if any, to federally mandated dial-around compensation for calls to such toll-free subscriber or access 1-800 number(s) for the term of this Agreement. The Parties understand that SBC does not waive its entitlement to any dial-around compensation not directly related to Phone1's provisioning of the Services as described in this paragraph. For purposes of this paragraph, Phone1's provisioning of Services shall encompass the completing of what appear to the consumer to be direct-dialed or 1+ long distance calls (that is, if a phone user physically dials a 1-800 number, other than to Phone1 Customer Service, t...
COMPENSATION A. Agent shall remit to Company a percentage of the gross Premiums as set for in Schedule A on all Title Assurances issued by Agent. Agent shall hold Company's percentage of gross Premiums in trust for Company until such time as such remittances are made to Company. B. No later than the tenth (10th) of each calendar month Agent shall submit to company copies, with Premium charged set forth thereon, of all Title Assurances issued by Agent during the previous calendar month, remit the Company's percentage of the Premium charged for such Title Assurances and shall return all spoiled, obsolete or canceled policies accumulated during the previous calendar month. 5.
COMPENSATION A. Effective as of the Appointment Date, and continuing during the Term, the Executive will earn the following annual compensation, less applicable statutory and regular payroll deductions and withholdings:
COMPENSATION A. Cash Fee During the term of this Agreement, the Company shall pay the Director a nonrefundable fee of $1,000 per month in consideration for the Director providing the services described in Section I which shall compensate him for all time spent preparing for, travelling to (if applicable) and attending Board meetings; provided, however, that if any Board or committee meetings or duties require out-of-town travel time, such additional travel time may be billed at the rate set forth in subparagraph C of Section IV below. This cash fee may be revised by action of the Board from time to time. Such revision shall be effective as of the date specified in the resolution for payments not yet earned and need not be documented by an amendment to this Agreement. B. Additional Payments To the extent services described in Section I require out-of-town trips, such additional travel time may be charged at the rate of $1,200 per day or pro-rated portion thereof. This rate may be revised by action of the Board from time to time for payments not yet earned. Such revision shall be effective as of the date specified in the resolution and need not be documented by an amendment to this Agreement. C. Payment Cash fees shall be paid monthly at the end of each month. No invoices need be submitted by the Director for payment of the cash fee. Invoices for additional payments under subparagraph B of Section IV above shall be submitted by the Director. Such invoices must be approved by the Company’s Chief Executive Officer as to form and completeness. D. Expenses The Company will reimburse the Director for reasonable expenses approved in advance, such approval not to be unreasonably withheld. Invoices for expenses, with receipts attached, shall be submitted. Such invoices must be approved by the Company’s Chief Executive Officer as to form and completeness. E. Equity Compensation Director shall be eligible to receive awards under the Company’s equity incentive plans as may from time to time be determined by the Board or the administrator of such plan in its sole discretion. V. Indemnification and Insurance The Company will execute an indemnification agreement in favor of the Director substantially in the form of the agreement attached hereto as Exhibit B (the “Indemnification Agreement”). In addition, so long as the Company’s indemnification obligations exist under the Indemnification Agreement, the Company shall provide the Director with directors’ and officers’ liability insurance c...
COMPENSATION A. WAGES Firefighters shall be paid an hourly rate in accordance with the applicable salary range/step information set forth in Appendix A. Effective July 1, 2011, the steps of the salary range for the Fire Fighters (F3) Unit classifications were adjusted to a 5% differential between full steps. The salary ranges are set forth in Appendix A.
COMPENSATION A. In consideration for the Promotion provided for hereunder, Endorsed Company agrees to pay to Endorser the royalty recited in Schedule A (the “Royalty”) based on Endorsed Company’s Net Sales of Product.
COMPENSATION A. The parties agree that this shall be a tuition reimbursement contract. Compensation for the services covered by this Agreement shall be at a rate less than or equal to the published tuition rate of Vendor, and shall be disbursed in accordance with tuition reimbursement and refund policies agreed to by Vendor. City shall be reimbursed any amount of Pell or other Education Assistance payments made to Vendor for training costs on behalf of JTPA participants or, if needed, City may renegotiate the use of the Pell grant to meet the supportive service(s) needs of participant(s). Fifty percent (50%) of tuition is paid upon verification that participant has completed one half of total training hours as stipulated herein. The remaining 50% payment is made upon verification of completion of training, or on a prorata basis in accordance with vendor's tuition refund policy. The City shall be entitled to the same refund policy and procedures as applied to all other students. City shall process the billing as received and issue payment therefore as soon as reasonably practicable and in the ordinary course of City business. Compensation shall be made as stipulated herein and in accordance with SBSDA/JTPA directives, and tuition reimbursement procedures. 3. Section II.C. through F; NO CHANGES D. The City reserves the right to withhold or refuse payment for late forms, including invoices, required from the Vendor and/or referring entity(s). City/SBSDA reserves the right to withhold or refuse payment for any portion of service(s) or consideration not rendered by Vendor and/or received by participant as stipulated herein. In accordance with Vendor's tuition refund policies, applicable State tuition refund requirements, and/or as mutually agreed and stipulated herein, the payable costs shall be reimbursed to vendor upon verification of completion of training or on a prorata basis per training hour completed for those participants who do not complete the training. In every case, the more restrictive of these provisions shall prevail. E. City also reserves the right to make compensation payment to vendor at anytime during the Agreement period. City reserves the right in order to comply with Federal or State expenditure guidelines to make compensation payments to vendor for services obligated to be performed, but not yet completed. F. The sum(s) agreed to in Section II.C. shall include all costs associated with training and placement services which are to be provided under this ...
COMPENSATION A. As partial consideration for the license and release granted herein and during the Term of this Agreement, License agrees to pay Licensor [*] (the "Licensee Fee") to be paid pursuant to the following schedule: (ON OR BEFORE) DATE PAYMENT AMOUNT ------------------- -------------- 1999 December 31 $ [*] Within one (1) week following the Effective Date $ [*] 2001 January 14 $ [*] 2002 January 14 $ [*] 2003 January 14 $ [*] 2004 January 14 $ [*] 2005 January 14 $ [*] It is agreed by both Parties that The Standstill Money shall be deemed the 31 December 1999 payment. * Represents confidential information for which Impresse Corporation is seeking confidential treatment with the Securities and Exchange Commission. [Confidential Treatment Requested]
COMPENSATION A. Should the share price of ADRN trade at or above $4.00 for twenty (20) consecutive days beginning on the trading date after the date of closing of ADRN's announced merger with McGlen Micro, Inc. REDSTONE shall fully vest in ADRN options in the following manor: 150,000 ADRN options @ 2 1/2 150,000 ADRN options @ 3 100,000 ADRN options @ 4 100,000 ADRN options @ 5
