Agreed Compensation definition

Agreed Compensation means additional sums as defined in Part II which are payable under the Agreement.
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Agreed Compensation shall equal the sum of (A) the Executive's highest Annual Base Salary under the Agreement, and (B) the average of the Executive's annual bonuses with respect to the three (3) calendar years immediately preceding the Executive's termination.
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Agreed Compensation shall equal the Executive's highest Annual Base Salary under the Agreement.
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Examples of Agreed Compensation in a sentence

  • Agreed Compensation for Overdue Payment The agreed compensation shall be 2 per cent points above the discount rate of the Danmarks Nationalbank.

  • This limit is without prejudice to any Agreed Compensation specified under Clause 3.22.2 and 3.28.2 or otherwise imposed by the Agreement.

  • If the Consultant does not receive payment within the time stated in Part II he shall be paid Agreed Compensation at the rate defined in Part II on the sum overdue and in its currency reckoned from the due date for payment of the invoice.

  • The Parties agree that the Agreed Compensation constitutes adequate and predetermined minimal compensation for reasonable, foreseeable damages the Company may incur.

  • In case the Machine Availability is found to be less than as stated above then the Operator shall pay to the Owner Pre-determined Mutually Agreed Compensation as given at Clause No. 6.8.1 of this Section.


More Definitions of Agreed Compensation

Agreed Compensation means additional sums as defined in Annexure1 [Remuneration and Payment Schedule] which are payable under the Agreement.
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Agreed Compensation means additional sums as defined in Appendix 3 [Remuneration and Payment] which are payable under the Agreement.
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Agreed Compensation means the agreed compensation defined in the Particular Conditions for amounts which are undisputed, due and remain unpaid pursuant to Sub-Clause 5.3 [Invoicing and Time for Payment].
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Agreed Compensation means: the sum of (A) the Employee’s annual base salary immediately preceding Employee’s termination and (B) the average of Employee’s annual cash and stock bonuses received within the two (2) calendar years immediately preceding Employee’s termination. ​
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Agreed Compensation means additional sums payable to the Independent Engineer in accordance with Clause 30.2;
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Agreed Compensation means interest at an annual rate of 9% for any amount unpaid by the Client calculated from the date such amount was due to have been paid until is paid.
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Agreed Compensation means additional sums as defined in A [Pricing Schedule(s)] which are payable under the Agreement.
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