Amendments to Compensation Plan Sample Clauses

Amendments to Compensation Plan. IG may change the Marketing Partner’s Compensation Plan, at any time and at its sole and absolute discretion, by sending the Marketing Partner a notice to such effect by email. In the event Marketing Partner does not agree to such change, it shall notify IG by return email within three (3) days of receiving such notice from IG and the Agreement shall terminate immediately. In the event the Marketing Partner does not notify IG by email within three (3) days from receipt of the notice, it shall be deemed as an approval by the Marketing Partner to such change in the Compensation Plan. For the avoidance of doubt, the Marketing Partner will be paid pro rata for Introduced Clients registered to the site and identified by a Tracker ID up to the date of any such change in the Compensation Plan in accordance with the applicable Compensation Plan at the date such Introduced Clients registered to the Site. Unless otherwise agreed by the parties in writing, any amendment(s) to the Compensation Plan will not apply retroactively.
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Amendments to Compensation Plan. IG may change the Affiliate’s Compensation Plan, at any time and at its sole and absolute discretion, by sending the Affiliate a notice to such effect by email. In the event Affiliate does not agree to such change, it shall notify IG by return email within three
Sample 1
Amendments to Compensation Plan. Nadex may change the Affiliate's Compensation Plan, at any time and at its sole and absolute discretion, by sending the Affiliate a notice to such effect by email upon at least ten (10) business days’ prior notice. In the event Affiliate does not agree to such change, it shall notify Nadex by return email within five (5) days of receiving such notice from Nadex and the Agreement shall terminate immediately. In the event the Affiliate does not notify Nadex by email within five (5) days from receipt of the notice, it shall be deemed as an approval by the Affiliate to such change in the Compensation Plan. For the avoidance of doubt, the Affiliate will receive a one-off payment with respect to Introduced Clients identified by a Tracker ID prior to the date of any such change in the Compensation Plan, in accordance with the applicable Compensation Plan at the date such Introduced Clients registered to the Site. Unless otherwise agreed by the Parties in writing, any amendment(s) to the Compensation Plan will not apply retroactively.
Sample 1
Amendments to Compensation Plan. IG US may change the Marketing Partner ‘s Compensation Plan, at any time and at its sole and absolute discretion, by sending the Marketing Partner a notice to such effect by email upon at least ten (10) business days’ prior notice. In the event Marketing Partner does not agree to such change, it shall notify IG US by return email within five (5) business days of receiving such notice from IG US and the Agreement shall terminate immediately. In the event the Marketing Partner does not notify IG US by email within five (5) business days from receipt of the notice, it shall be deemed as an approval by the Marketing Partner to such change in the Compensation Plan. For the avoidance of doubt, the Marketing Partner will receive a one-off payment with respect to Introduced Clients identified by a Tracker ID prior to the date of any such change in the Compensation Plan, in accordance with the applicable Compensation Plan at the date such Introduced Clients registered to the Site. Unless otherwise agreed by the Parties in writing, any amendment(s) to the Compensation Plan will not apply retroactively.
Sample 1

Related to Amendments to Compensation Plan

  • Supplementation of Compensation Award ‌ If an employee is prevented from performing the employee's regular work with the City on account of an occupational accident that is recognized by the Workers' Compensation Board as compensable within the meaning of the Workers' Compensation Act, the City will supplement the award made by the Workers' Compensation Board for loss of wages to the employee by such an amount that the award of the Workers' Compensation Board for loss of wages (excluding non- economic loss payment), together with the supplementation by the City, will equal 100% of the employee's regular net wage (gross pay less statutory deductions, union dues and required benefit plan contributions). The said supplementation shall not be payable to any employee entitled to compensation after pension age if such an employee is entitled to an unreduced pension as provided under the Local Authorities Pension Plan or after the full age of 65 years if such an employee is not entitled to a pension. Subject to the foregoing limitation, the procedure to be followed in operating this policy shall be as follows:

  • Deferred Compensation Plan Manager shall be eligible to participate in the First Mid-Illinois Bancshares, Inc. Deferred Compensation Plan in accordance with the terms and conditions of such Plan.

  • Reciprocal Compensation Arrangements Pursuant to Section 251(b (5) of the Act

  • SAVINGS PROVISIONS 19.1 If any provisions of this Agreement are held to be contrary to law by a court of competent jurisdiction, such provisions will not be deemed valid and subsisting except to the extent permitted by law, but all other provisions will continue in full force and effect.

  • Supplemental Compensation Pursuant to Section 7 of the Agreement, Supplemental Compensation will be paid as follows:

  • Limitation on Benefits (a) It is the intention of the Executive and of the Employers that no payments by the Employers to or for the benefit of the Executive under this Agreement and/or any other agreement or plan pursuant to which the Executive is entitled to receive payments or benefits shall be non-deductible to the Employers by reason of the operation of Section 280G of the Code relating to parachute payments. Accordingly, and notwithstanding any other provision of this Agreement or any such agreement or plan, if by reason of the operation of said Section 280G, any such payments exceed the amount which can be deducted by the Employers in the aggregate, such payments shall be reduced to the maximum amount which can be deducted by the Employers. To the extent that payments exceeding such maximum deductible amount have been made to or for the benefit of the Executive, such excess payments shall be refunded to the Employers with interest thereon at the applicable Federal Rate determined under Section 1274(d) of the Code, compounded annually, or at such other rate as may be required in order that no such payments shall be non-deductible to the Employers by reason of the operation of said Section 280G. To the extent that there is more than one method of reducing the payments to bring them within the limitations of said Section 280G, the Executive shall determine which method shall be followed, provided that if the Executive fails to make such determination within forty-five days after the Employers have sent him written notice of the need for such reduction, the Employers may determine the method of such reduction in their sole discretion.

  • Deferred Compensation Plans Employees are to be included in the State of California, Department of Personnel Administration's, 401(k) and 457 Deferred Compensation Programs. Eligible employees under IRS Code Section 403(b) will be eligible to participate in the 403(b) Plan.

  • A-E Compensation and Extra Work 1.5.1. For the PROJECTS/SERVICES authorized under this CONTRACT, A-E shall be compensated in accordance with the following:

  • ' COMPENSATION BENEFITS In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • Compensation Plan The Compensation Plan adopted by the City Council shall provide for salary schedules, rates, ranges, steps and any other special circumstances or items related to the total compensation paid employees. Each position within the classified services shall be allocated to its appropriate class in the classification plan on the basis of duties and responsibilities. Each class shall be assigned a salary range or a rate established in the salary plan. All persons entering the classified service shall be compensated in accordance with the salary plan then in effect.

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