LUMP SUM OR INSTALLMENTS Sample Clauses

LUMP SUM OR INSTALLMENTS. A bonus under this section may be paid in a lump sum or in periodic installments, as determined by the Secretary concerned.
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LUMP SUM OR INSTALLMENTS. A health professions bonus under subsection (a) may be paid in a lump sum or in periodic install- ments, as determined by the Secretary con- cerned. Board certification incentive pay under subsection (c) may be paid monthly, in a lump sum at the beginning of the certifi- cation period, or in periodic installments dur- ing the certification period, as determined by the Secretary concerned.
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LUMP SUM OR INSTALLMENTS. Assignment or special duty pay under subsection (a) may be paid monthly, in a lump sum, or in periodic installments other than monthly, as deter- mined by the Secretary concerned. If paid monthly, the Secretary concerned may pro- rate the monthly amount of the assignment or special duty pay for a member who does not satisfy the eligibility requirement for an en- tire month to reflect the duration of the mem- ber’s actual qualifying service during the month.
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LUMP SUM OR INSTALLMENTS. The purchase price for Restricted Shares shall be paid by the Company in full at the closing or, at the election of the Company, in equal annual installments, together with interest payable quarterly at the rate of interest announced publicly on the first day of each calendar quarter by a major United States money market bank, selected by the Company, as such bank's base rate, over a number of years to be determined by the Company but in no event exceeding five (5) years if the purchase is pursuant to Section 3.2, or ten (10) years if the purchase is pursuant to Section 3.3 or Section 3.4.
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LUMP SUM OR INSTALLMENTS. The purchase price for Option Shares shall be paid by the Company in full at the closing or, at the election of the Company, in equal annual installments, together with interest payable quarterly at the rate of interest announced publicly on the first day of each calendar quarter by a major United States money market bank, selected by the Company, as such bank's base rate, over a number of years to be determined by the Company but in no event exceeding five (5) years if the purchase is pursuant to Section 6.3 or Section 6.5, or ten (10) years if the purchase is pursuant to Section 6.4 or Section 6.6; provided, however, that the purchase price for any Option Shares purchased by the Company pursuant to Section 6.2 shall be paid in full at the closing.
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Related to LUMP SUM OR INSTALLMENTS

  • Installments For purposes of Section 409A of the Code (including, without limitation, for purposes of Treasury Regulation Section 1.409A-2(b)(2)(iii)), Executive’s right to receive any installment payments under this Agreement shall be treated as a right to receive a series of separate payments and, accordingly, each such installment payment shall at all times be considered a separate and distinct payment.

  • Lump Sum Payment Upon award of the contract for this improvement, the LA will pay to the STATE, in lump sum, an amount equal to 80% of the LA’s estimated obligation incurred under this Agreement, and will pay to the STATE the remainder of the LA’s obligation (including any nonparticipating costs) in a lump sum, upon completion of the project based upon final costs. Method B - Monthly Payments. Upon award of the contract for this improvement, the LA will pay to the STATE, a specified amount each month for an estimated period of months, or until 80% of the LA’s estimated obligation under the provisions of the Agreement has been paid, and will pay to the STATE the remainder of the LA’s obligation (including any nonparticipating costs) in a lump sum, upon completion of the project based upon final costs.

  • Lump Sum Payments If, during the Employment Period, the Company terminates the Executive's employment other than for Cause, or the Executive terminates employment for Good Reason, the Company shall pay to the Executive the following amounts:

  • Lump Sum The Change Order cost is determined by mutual agreement as a lump sum amount changing the Contract Sum allowed for completion of the Work. The Change Order shall be substantiated by documentation itemizing the estimated quantities and costs of all labor, materials and equipment required as well as any xxxx-up used. The price change shall include the cost percent allowed for the Contractor's overhead and profit and, if eligible, Time Dependent Overhead Costs.

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