Amount and Terms of Payment. In the event that the Company terminates this Agreement without "Good Cause," as defined in Section 5.1 or 5.2, the Company agrees to pay the Employee Severance Pay in an amount equal to one year’s base pay. Such Severance Pay shall be provided in a lump sum within thirty (30) days after such termination becomes effective.
Amount and Terms of Payment. The maximum amount payable by the Foundation to Contractor shall not exceed (hourly / monthly / annually). This total shall include reimbursement for professional time and all related expenses. Payment to Contractor will be made upon satisfactory performance and will be paid from Foundation account number .
Amount and Terms of Payment. For purposes of this Paragraph 1.1, the term "normal retirement date" shall mean the date on which the Executive attains sixty-five (65); the term "disability retirement date" shall mean the date on which the Executive terminates employment with the Bank due to his disability (as defined in Paragraph 1.4); and "base salary" shall include any base salary paid by the Bank, any of its subsidiaries and its parent company. In consideration of the Executive's remaining employed by the Bank until his normal retirement date or, if earlier, his disability retirement date (the "applicable date"), the Bank agrees that from and after the Executive's normal retirement date, subject to the following sentence of this Paragraph 1.1, the Bank shall thereafter pay to the Executive an annual amount equal to 50% (fifty percent) of the Executive's base salary as of the December 31st coinciding with or immediately preceding the applicable date, for a period of fifteen (15) years from and after the Executive's normal retirement date, payable in equal monthly installments commencing with the first day of the first month following the Executive's normal retirement date. However, if the Executive remains employed by the Bank after his normal retirement date, payment of the annual dollar amount that would have been payable upon his retirement at his normal retirement date shall be deferred, shall commence with the first day of the first month following the date of his actual retirement from the active service of the Bank (without any adjustment for that delay or any change in his base salary after the December 31st coinciding with or immediately preceding his normal retirement date) and shall be payable in the same manner and for the same period of time as provided in the preceding sentence.
Amount and Terms of Payment. In the event that the Company terminates this Agreement without "Good Cause," as defined in Section 2(c)(3) of this Agreement, the Company agrees to pay the Employee Severance Pay in an amount equal to the Employee's Base Salary for (i) the remainder of the Initial Term (if the Initial Term has not yet expired) or (ii) the remainder of the then-current Renewal Term (if the Initial Term has expired), whichever is applicable; provided, however, in no event shall Company pay Employee Severance Pay in an amount less than three (3) months of the annual amount of Employee's Base Salary in effect immediately prior to Employee's termination. Such Severance Pay shall be provided in a lump sum within thirty (30) days after such termination becomes effective. In addition, Employee shall immediately vest in any and all stock options or other stock, deferred or other compensation, retirement or welfare plans in which Employee is a participant or beneficiary.
Amount and Terms of Payment. 11. According to the Agreement the Custodian shall invoice the Company for custody services and services rendered by registrars, custodians, depositories, broker dealers, relevant international organizations exercising functions of nominee holder, expenses on maintenance of transactions with the Fund’s assets and maintenance of financial instruments accounts not later than 20th of the month following the current under effective tariffs of the Custodian and persons indicated herein paragraph. The Custodian’s services shall be paid by the Company during 5 days from the day of the invoice receipt.
Amount and Terms of Payment. In the event that the Company terminates this Agreement without "Good Cause," as defined in Paragraph (5)(c) above, or the Executive resigns from his employment for "Good Reason," as defined in Paragraph (5)(d) above, the Company agrees to pay the Employee Severance Pay in an amount equal to either $90,000, or the present value of the salary and bonus payments due over the remainder of the Employment Term, whichever is greater. Such Severance Pay shall be paid in a lump sum within thirty (30) days after such termination becomes effective.
Amount and Terms of Payment. 2.01 The total purchase price of the Property is $150,000.00, payable by Purchaser to Seller at the close of escrow.
Amount and Terms of Payment. As consideration for the exploitation licence, the COMPANY shall pay the ULE a royalty of ....% of the net value of sales of products manufactured according to the patent under licence. The net sales value shall be calculated according to the ex-factory price of the goods supplied by the COMPANY to its customers inside and outside the national territory, excluding transport costs to the destination and other costs not associated with the ex-factory price of the goods supplied.
Amount and Terms of Payment. The total purchase price of the Conservation Easement is THREE HUNDRED AND TWENTY-FIVE THOUSAND DOLLARS ($325,000.00), payable by Buyer to Seller as follows. The purchase price sum of $325,000.00 shall be paid into escrow five (5) days prior to close of escrow. The purchase price shall be paid to Seller when escrow holder is in a position to record the Grant Deed for the sale of the Property and record the Grant Deed of the Conservation Easement.
Amount and Terms of Payment. 5.1. The Broker shall pay invoices of the Custodian in accordance with the Agreement. The Custodian’s services shall be paid by the Broker not later than 5 (five) working days from the day of the invoice receipt.
