AGREEMENT COMPENSATION Sample Clauses

The Agreement Compensation clause defines the terms and conditions under which one party will compensate the other for services rendered or obligations fulfilled under the agreement. Typically, this clause outlines the payment structure, such as fixed fees, hourly rates, or milestone-based payments, and may specify timelines for invoicing and payment, as well as any conditions for reimbursement of expenses. Its core practical function is to ensure both parties have a clear understanding of how and when compensation will be provided, thereby reducing the risk of disputes over payment and promoting transparency in the contractual relationship.
AGREEMENT COMPENSATION. A. Subject to the provisions set forth in this Agreement, the County will pay ConsultantName on a monthly basis for authorized and satisfactorily completed work and services rendered under this Agreement. The amounts to be paid to ConsultantName shall be computed as herein set forth. Progress payments shall be full compensation for work performed and services rendered, for all supervision, labor, supplies, materials, equipment or use thereof, taxes, and for all other necessary incidentals, but in no case shall the total progress payment(s) exceed the Total Price as defined herein. The amount to be paid to the Consultant shall be computed as hereinafter set forth; provided, that such payment shall not exceed the Total Price specified in Section 1,
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AGREEMENT COMPENSATION. The State agrees to reimburse the County in accordance with Exhibit B-1 of this Agreement.
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Related to AGREEMENT COMPENSATION

  • Management Compensation As compensation for your services in the management of the offering, we will pay you an amount equal to the management fee specified in the Invitation in respect of the Securities to be purchased by us pursuant to the Purchase Agreement, and we authorize you to charge our account with such amount. If there is more than one Representative, such compensation shall be divided among the Representatives in such proportions as they may determine.

  • Employment Compensation Schedule 3.16 contains a true and correct list of all employees to whom Company is paying compensation, including bonuses and incentives, at an annual rate in excess of Fifteen Thousand Dollars ($15,000) for services rendered or otherwise; and in the case of salaried employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

  • Contingent Compensation ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ may accept certain forms of contingent compensation in locations where they are legally permissible, and meet standards and controls to address conflicts of interest. Because insurers account for contingent payments when developing general pricing, the price our clients pay for their policies is not affected whether ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ accepts contingent payments or not. If a ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ client prefers that we not accept contingent compensation related to their account, we will request that the client’s insurer(s) exclude that client’s business from their contingent payment calculations. The Foreign Account Tax Compliance Act (FATCA) is a U.S. law aimed at foreign financial institutions and other financial intermediaries (including insurance companies and intermediaries such as brokers) to prevent tax evasion by U.S. citizens and residents through offshore accounts. In order to comply with FATCA, insurance companies and intermediaries must meet certain legal requirements. Insurance placed with an insurance company that is not FATCA compliant may result in a 30% withholding tax on your premium. Where FATCA is applicable to you, in order to avoid this withholding tax, ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ will only place your insurance with FATCA- compliant insurers and intermediaries for which no withholding is required unless you instruct us to do otherwise and provide your advance written authorization to do so. If you do instruct ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ to place your insurance with a non-FATCA compliant insurer or intermediary, you may have to pay an additional amount equivalent to 30% of the premium covering U.S. - sourced risks to cover the withholding tax. If you instruct us to place your insurance with a non-FATCA compliant insurer but you do not agree to pay the additional 30% withholding if required, we will not place your insurance with such insurer. Please consult your tax adviser for full details of FATCA.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Unemployment Compensation The Contractor shall be solely responsible for the unemployment compensation payments on behalf of their employees and personnel. The Contractor shall not be entitled to unemployment compensation in connection with the Services performed under this Agreement.