Amount and Payment Schedule Sample Clauses

Amount and Payment Schedule. Executive’s severance benefit (in addition to the other payments specifically contemplated in this Agreement) shall be an amount equal to two times his annual Base Salary as of the date his employment terminates. Subject to the timing rule described in paragraph 4.b.ii.2 below, the severance benefit shall be paid ratably on the same payment schedule that applied to Executive’s salary at the time of his termination.
AutoNDA by SimpleDocs
Amount and Payment Schedule a. A full-time unit member shall receive Thirty-Six Thousand Five Hundred Two Dollars ($36,502). A unit member who is a part-time employee, other than a Reduced Work Year employee (section 12.3.1), shall receive a prorated amount.
Amount and Payment Schedule. Executive’s Guaranteed Minimum Success Fee shall be an annual amount equal to the two times his annual Base Salary as of the earlier of (a) the date his term of employment under this Agreement terminates or (b) the Plan Effective Date. The Guaranteed Minimum Success Fee shall be paid to Executive on the earliest of (y) the date Executive is terminated by the Company without Cause, and (z) the date Executive terminates his employment for Good Reason. The Guaranteed Minimum Success Fee shall be paid ratably on the same payment schedule that applied to Executive’s salary as of such date.
Amount and Payment Schedule. Executive’s severance benefit (in addition to the other payments specifically contemplated in this Agreement) shall be an annual amount equal to the sum of his (x) annual Base Salary and (y) Target Annual Bonus as of the date his employment terminates, paid for one year, provided that if Executive is terminated in calendar year 2006 or 2007, in lieu of the Target Annual Bonus referenced in (y) above, Executive shall receive his minimum Bonus for the applicable year as set forth in paragraph 3(b), above. Subject to the timing rule described in paragraph 4.b.ii.2, below, the severance benefit shall be paid ratably on the same payment schedule that applied to Executive’s salary at the time of his termination.
Amount and Payment Schedule. Employer shall pay Executive the benefits under this Agreement in fifteen (15) equal annual installments consisting of principal and interest, sufficient in amount to pay in full Executive's Deferred Compensation Balance, with interest calculated on the unpaid principal amount of such Deferred Compensation Balance at eight percent (8%) per annum, provided, however, that Employer may deduct from the principal installment to be paid as might be elected, pursuant to paragraph 3.2(a) or 3.2(b), three percent (3%) thereof as an administrative fee. If Executive dies after receiving a payment under this Article 4, but prior to receiving all such payments, the remaining payments shall continue to be paid to Executive's Beneficiary.
Amount and Payment Schedule. Executive’s Guaranteed Minimum Success Fee (in addition to the other payments specifically contemplated in this Agreement including, without limitation, the minimum emergence bonus set forth on Exhibit A attached hereto) shall be an amount equal to two times his annual Base Salary as of the earlier of (a) the date his term of employment under this Agreement terminates or (b) the Plan Effective Date. The Guaranteed Minimum Success Fee shall be paid to Executive on the earliest of (x) the date Executive is terminated by the Company without Cause, (y) the date Executive terminates his employment for Good Reason and (z) the Plan Effective Date. Subject to the timing rule described in paragraph 3.f.ii below, all payments shall be made as promptly as practicable. Subject to paragraph 3.f above, if the Guaranteed Minimum Success Fee is paid on any date prior to the Plan Effective Date, the Guaranteed Minimum Success Fee shall be paid ratably on the same payment schedule that applied to Executive’s salary as of such date. If the Guaranteed Minimum Success Fee is paid on the Plan Effective Date, Executive shall be entitled to a lump sum payment.
Amount and Payment Schedule. Executive’s Guaranteed Minimum Success Fee (in addition to the other payments specifically contemplated in this Agreement including, without limitation, the minimum emergence bonus set forth on Exhibit A attached hereto) shall be an annual amount equal to the sum of his (x) annual Base Salary and (y)
AutoNDA by SimpleDocs
Amount and Payment Schedule. Executive’s Guaranteed Minimum Success Fee (in addition to the other payments specifically contemplated in this Agreement including, without limitation, the minimum emergence bonus set forth on Exhibit A attached hereto) shall be an annual amount equal to the sum of his (x) annual Base Salary and (y) Target Annual Bonus as of the earlier of (a) the date his term of employment under this Agreement terminates or (b) the Plan Effective Date, for one year, provided that if Executive is terminated in calendar year 2006 or 2007, in lieu of the Target Annual Bonus referenced in (y) above, Executive shall receive his minimum Bonus for the applicable year as set forth in paragraph 3(b), above. The Guaranteed Minimum Success Fee shall be paid to Executive on the earliest of (1) the date Executive is terminated by the Company without Cause, (2) the date Executive terminates his employment for Good Reason and (3) the Plan Effective Date. Subject to the timing rule described in paragraph 3.f.ii, below, all payments shall be made as promptly as practicable. Subject to paragraph 3.f above, if the Guaranteed Minimum Success Fee is paid on any date prior to the Plan Effective Date, the Guaranteed Minimum Success Fee shall be paid ratably on the same payment schedule that applied to Executive’s salary as of such date. If the Guaranteed Minimum Success Fee is paid on the Plan Effective Date, Executive shall be entitled to a lump sum payment.
Amount and Payment Schedule. Grantee agrees to make a cash contribution to the Project in the amount of $ which shall be paid in full to XXXX not later than the date the Home is available for occupancy in accordance with the following schedule: Dates for payment Payment amount

Related to Amount and Payment Schedule

  • Payment Schedule Except as provided in section 6.10 Travel, Meals and Lodging, payments will only be made based on Deliverables outlined within the Authorized User Agreement. Any invoice not related directly to a completed deliverable will be rejected. Any charge included on the invoice without backup documentation as specified in the Authorized User Agreement (travel receipts, etc.) may be removed. Any outstanding charges un-invoiced or removed from the invoice must be submitted/resubmitted within 120 Calendar days or may not be reimbursed. Each Deliverable may contain a retainage allotment as specified within the Authorized User Agreement. Each invoice is to include a detailed and itemized list of all retainage withholds that are in place since the activation of the Authorized User Agreement. Payment schedule shall be based on the final Authorized User Agreement as negotiated by the Authorized User and Contractor. Payment is only to be made after the deliverable within the Authorized User Agreement is accepted by the Authorized User. A Contractor is encouraged to submit no more than one invoice per month. Invoices must include cumulative retainage holdback. Invoices submitted to an Authorized User must include backup documentation as defined in the negotiated Authorized User Agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.