Consideration and Expenses. 2.1 During the Term of this Agreement, in consideration of the Executive’s Services hereunder, including, without limitation, service as an officer or director of the Company or of any subsidiary or affiliate thereof and as a full-time employee of Geovic Ltd., the Company shall pay the Executive according to the attached Schedule II payable monthly in arrears on the last working day of each month or as otherwise stipulated in Schedule II. All payments of consideration and expenses shall be made by direct deposit to an account in the name of Executive at a financial institution selected by Executive and located in the United States. All currency herein is expressed in US dollars.
Consideration and Expenses. Employee shall perform his obligations under this Section 7 at Employer's expense, but without any additional or special compensation therefor.
Consideration and Expenses. The Employee shall perform his obligations under this Paragraph 11 at the Company’s expense, but without any additional compensation other than that which the Employee receives by reason of his employment with the Company or pursuant to any separate agreement between the Company and the Employee or any separate policy of the Company that may be in effect from time to time during the Employment Term.
Consideration and Expenses. Executive shall perform his obligations under this Section 7 at Employer's expense, but without any additional or special compensation therefor.
Consideration and Expenses. The Executive shall perform his -------------------------- obligations under this Paragraph 14 at the Company's expense, but without any additional compensation other than that which the Executive receives by reason of his employment with the Company or pursuant to any separate agreement between the Company and the Executive or any separate policy of the Company that may be in effect from time to time during the Employment Term.
Consideration and Expenses. 2.1 During the Term of this Agreement, in consideration of the Executive’s services hereunder, including, without limitation, service as an officer or director of the Company or of any subsidiary or affiliate thereof and as a full-time employee of Geovic Ltd., the Company shall pay the Executive as follows: A salary at a rate of $108,000 per year, effective 01 January 2008, payable monthly in arrears on the last working day of each month. The Executive’s performance and compensation package shall be reviewed annually by the CEO and by the Compensation Committee of the Board. All payments of consideration and expenses shall be made by direct deposit to an account in the name of Executive at a financial institution selected by Executive and located in the United States. All currency herein is expressed in US dollars. Executive has received, upon approval of the Compensation Committee of the Board and the Board, an initial grant of options to purchase up to 40,000 Option Shares in accordance with the Company’s Amended and Restated Stock Option Plan and shall receive subsequent annual grants of Options in accordance with option compensation arrangements established by the Compensation Committee of the Board during the Term of this Agreement to be completed in compliance with regulations of the appropriate regulatory authorities. The Options shall have such terms as are determined by the Board in accordance with the Amended and Restated Stock Option Plan. In the event that options held by Executive become vested in full for any of the reasons described in Section 4.1, all options then held by Executive shall be deemed automatically at that time to be non- qualified options and not Incentive Stock Options under the Amended and Restated Stock Option Plan and may be exercised at any time during the original term of the option. Executive shall be eligible to receive an annual cash incentive bonus in an amount up to twenty percent (20%) of Executive’s annual salary, pursuant to an outstanding appraisal of Executive’s performance by the CEO and the Compensation Committee. If the Board puts into place a restricted stock or deferred share plan, the Executive shall have the option to receive any such bonus awarded as deferred compensation.
Consideration and Expenses. The parties agree that the mutual use of the Facilities by the parties is the consideration for the entry into this Agreement by both parties and that no rent shall be payable for the use of the Facilities by either FCBE or City The City shall provide its own electronic office equipment including computer and printer and consumable office supplies. FCBE will make available use of restroom facilities and use of a copy machine and provide designated parking for an ADPS vehicle.
Consideration and Expenses. The fees and expenses of a Selling Stockholder incurred in connection with a Co-Sale and for the benefit of all Participating Stockholders (it being understood that costs incurred by or on behalf of such Selling Stockholder for its sole benefit will not be considered to be for the benefit of all Participating Stockholders), to the extent not paid or reimbursed by the Proposed Transferee, shall be paid by the Company.
Consideration and Expenses. The Employee shall perform her obligations under this Paragraph (at Intervoice’s expense), but without any additional compensation other than that which the Employee receives by reason of her employment with Intervoice or pursuant to any separate agreement between Intervoice and the Employee that may be in effect from time to time during the Initial Employment Term.
Consideration and Expenses. In connection with any assignment of this Lease or any sublease or licensing involving Casino operations (as opposed to ancillary uses of the Project), and whether or not Landlord's consent is required, Tenant shall pay to Landlord in cash 25% of the "Gain" realized by Tenant (whether or not the Gain is deferred) from such assignment, sublease or license, determined in accordance with the requirements of the U.S. Internal Revenue Code. In the event no Gain is realized, Tenant shall nonetheless pay to Landlord, as and when received by Tenant, 25% of the total value of all consideration realized by Tenant for or incident to any assignment, sublease or license involving Casino operations in excess of the Annual Rent payable under this Lease, after deducting Tenant's reasonable attorneys' fees and real estate commissions incurred to effect such assignment, sublease or license. Prior to the effective date of any assignment, sublease or licensing involving Casino operations, Tenant shall provide Landlord with a statement of a nationally recognized accounting firm certifying the Gain, if any, to be reported by Tenant in connection with such assignment, sublease or licensing. Tenant shall pay all reasonable attorneys' fees and expenses of Landlord in connection with the review and approval of any such request and of the documentation implementing same upon approval by Landlord.
