Aggregate Compensation Sample Clauses

Aggregate Compensation. The Board of Directors shall be the final arbiters of any compensation determined in accordance with the procedures outlined herein and in Exhibit A, Partners’ Compensation Program. During the last quarter of each fiscal year, the CEO, with the advice of the Partner Compensation Committee, in conjunction with recommending an annual operating plan to the Board of Directors, shall commence deliberations and determine recommendations concerning the aggregate amount of cash bonuses (if any) and the aggregate value of equity (if any) to be granted to all employees, based on their performance during said fiscal year, and the aggregate amount of base compensation to be payable to such employees for the coming fiscal year. These recommendations shall then be submitted to the Board of Directors for review and approval as part of the Company’s fiscal year plan.
Sample 1
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Aggregate Compensation. Eibl shall receive aggregate compensation of $437,000 (the “Aggregate Compensation”) for his services hereunder during the Term, which shall be payable in equal semi-monthly installments pursuant to the Company’s regular payroll schedule, commencing on the first payroll date after April 4, 2003. Such payments shall be paid in a manner consistent with the Company’s payroll practices, and subject to normal withholding.
Sample 1
Aggregate Compensation. For greater certainty, the compensation set out in this Agreement (including any payments, benefits or other entitlements which may be owing to the Executive pursuant to Article V below) represent the aggregate of all compensation to which the Executive is entitled from the Corporation or any of its Affiliates, including for any services as an employee, officer or director. In the discretion of the Corporation, payment of such compensation or benefits may be provided to the Executive by the Corporation or by any of its Affiliates; provided that, in any event, the Corporation shall be responsible for any failure of any such Affiliate to pay or provide to the Executive any compensation or benefit set out in this Agreement.
Sample 1
Aggregate Compensation. The Plan Administrator shall have complete authority to promulgate uniform rules regarding (1) aggregation of an Employee's Compensation earned during the Plan year with Compensation paid by any Employer or affiliate and (2) allocation of an Employee's Compensation to any Employer based on length of employment of the Employee with such Employer.
Sample 1
Aggregate Compensation. The Board of Directors shall be the final arbiters of any compensation determined in accordance with the procedures outlined herein and in Exhibit A, Partners’ Compensation Program and shall have the discretion to alter the procedures as it deems appropriate. During the last quarter of each fiscal year, the CEO, with the advice of the Partner Compensation Committee, in conjunction with recommending an annual operating plan to the Board of Directors, shall commence deliberations and determine recommendations concerning the aggregate amount of cash bonuses (if any) and the aggregate value of equity (if any) to be granted to all employees, based on their performance during said fiscal year, and the aggregate amount of base compensation to be payable to such employees for the coming fiscal year. These recommendations shall then be submitted to the Board of Directors for review and approval as part of the Company’s fiscal year plan.
Sample 1
Aggregate Compensation. At the beginning of the last quarter of each fiscal year, the CEO and the Management Committee shall commence deliberations and determine recommendations concerning the aggregate amount of bonuses (if any) and the aggregate number of stock options (if any) to be granted to all employees, based on their performance during said fiscal year, and the aggregate amount of base compensation to be payable to all employees for the coming fiscal year. The CEO and the Management Committee shall send the recommendations to the Board of Directors of the Company and each of the Affiliates (as applicable).
Sample 1
Aggregate Compensation. At the beginning of the last quarter of each fiscal year, the Area presidents and the Partner in charge of Human Resources will prepare and present to the WOC recommendations concerning the aggregate amount of bonuses (if any) and the aggregate number of stock options (if any) to be granted to all employees (other than members of the WOC), based on their performance during said fiscal year, and the aggregate amount of base compensation to be payable to such employees for the coming fiscal year. After review by the WOC, such recommendations will be submitted to the Management Compensation Committee and CEO for further review and revision in preparation for presentation to the Board of Directors of the Company and each of the Affiliates (as applicable) as described in Section 3.3 below.
Sample 1
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Related to Aggregate Compensation

  • Total Compensation The compensation to be paid to Employee under this Agreement shall be in full payment for all services rendered by Employee in any capacity to the Company or any affiliate of the Company.

  • Affiliate Compensation Except as set forth above in this Section 3.7, the Company shall not pay any Initial Stockholder or any of their affiliates any fees or compensation from the Company, for services rendered to the Company prior to, or in connection with, the consummation of a Business Combination; provided that the Initial Stockholders shall be entitled to reimbursement from the Company for their reasonable out-of-pocket expenses incurred in connection with seeking and consummating a Business Combination.

  • Optional Termination and Reduction of Aggregate Credit Amounts (i) The Borrower may at any time terminate, or from time to time reduce, the Aggregate Maximum Credit Amounts; provided that (A) each reduction of the Aggregate Maximum Credit Amounts shall be in an amount that is an integral multiple of $1,000,000 and not less than $5,000,000 and (B) the Borrower shall not terminate or reduce the Aggregate Maximum Credit Amounts if, after giving effect to any concurrent prepayment of the Loans in accordance with Section 3.04(c), the total Revolving Credit Exposures would exceed the total Commitments.

  • Amount of Compensation The Adviser shall pay the Subadviser, as compensation for services rendered hereunder, from its own assets, an annual fee, payable monthly, equal to 40% of the investment advisory fee collected by the Adviser from the Fund, based on the total net assets of the Fund existing as of the date hereof (the "base amount"), plus 30% of the advisory fee collected by the Adviser, based on the total net assets of the Fund that exceed the base amount (the "marginal amount"), in each case calculated after any waivers, voluntary or otherwise.

  • Cash Compensation The Company shall pay to the Executive compensation for his services during the Contract Period as follows:

  • Termination and Reduction of Aggregate Maximum Credit Amounts (a) Scheduled Termination of Commitments. Unless previously terminated, the Commitments shall terminate on the Maturity Date. If at any time the Aggregate Maximum Credit Amounts are terminated or reduced to zero, then the Commitments shall terminate on the effective date of such termination or reduction.

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

  • Final Compensation In the event of termination of the Executive’s employment with the Company, howsoever occurring, the Company shall pay the Executive (i) the Base Salary for the final payroll period of his employment, through the date his employment terminates; (ii) compensation at the rate of the Base Salary for any vacation time earned but not used as of the date his employment terminates; and (iii) reimbursement, in accordance with Section 2(e) hereof, for business expenses incurred by the Executive but not yet paid to the Executive as of the date his employment terminates, provided that the Executive submits all expenses and supporting documentation required within sixty (60) days of the date his employment terminates, and provided further that such expenses are reimbursable under Company policies then in effect (all of the foregoing, “Final Compensation”). Except as otherwise provided in Section 5(a)(iii), Final Compensation will be paid to the Executive within thirty (30) days following the date of termination or such shorter period required by law.

  • Annual Compensation The Executive’s “Annual Compensation” for purposes of determining severance payable under this Agreement shall be deemed to mean the sum of (i) the annual rate of Base Salary as of the Date of Termination, and (ii) the cash bonus, if any, earned by the Executive for the calendar year immediately preceding the year in which the Date of Termination occurs.

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