Determination of Remuneration Sample Clauses

Determination of Remuneration. The basis for determining remuneration shall be based on 4 (four) different methods, which are not necessarily mutually exclusive, namely: • Fee based on the cost of works. • Separate payment for services that are additional to those provided for in the normal fee-based calculation. • Time based fees; and • Reimbursable expenses.
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Determination of Remuneration. If no agreement on the amount of consideration for the Shares can be reached within 14 (fourteen) days following the Effective Date, the price shall be the fair market value as determined by a certified Austrian auditing and tax consultancy company or by a certified Austrian auditor and tax consultant mutually agreed upon by AboveNet and RRZ (hereinafter referred to as "the Arbitration Expert"). If AboveNet and RRZ cannot agree to an arbitration expert within 14 (fourteen) days, each shall select an expert and have the price evaluated. If the two evaluations are more than 20 (twenty) % apart, an Arbitration Expert shall be appointed upon application by one of the shareholders by the President of the Vienna Chamber of Certified Accountants. The arbitration opinion by this expert shall be binding upon the respective Parties. The costs for the Arbitration Expert shall be borne by both Parties, whereby AboveNet shall pay one half, and RRZ the other half.

Related to Determination of Remuneration

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • Distributions on Account of Separation from Service If and to the extent required to comply with Section 409A, no payment or benefit required to be paid under this Agreement on account of termination of the Executive’s employment shall be made unless and until the Executive incurs a “separation from service” within the meaning of Section 409A.

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