Anniversary Payment Sample Clauses

Anniversary Payment. The employee shall, on the anniversary of their birth (birthday), be paid the net lump sum of the equivalent of one days salary.
AutoNDA by SimpleDocs
Anniversary Payment. On the first anniversary of the Closing Date, Buyer shall deliver to Company the sum equal to $1,500,000 less the amount, if any, by which the Company Revenues Difference is greater than $1,500,000, without interest (the "Anniversary Payment").
Anniversary Payment. OV shall pay R-Pharm a non-refundable, non-creditable fee equal to two hundred fifty thousand dollars ($250,000.00), which shall be paid by OV to R-Pharm on or before March 1, 2020.
Anniversary Payment. In the case of uninterrupted employment of 12.5, 25, or 40 years in the service of the employer or his legal predecessors, the employee is entitled to an anniversary payment. The level of the payment is: – In the case of 12.5 years of employment: 0.25 times the gross monthly income paid gross; – In the case of 25 years of employment: 1 times the gross monthly income paid net; – In the case of 40 years of employment: 1 times the gross monthly income paid net.
Anniversary Payment. AMAG shall make a one-time, non-refundable, non-creditable payment to Endoceutics of ten million Dollars ($10,000,000) on the date that is one (1) year after the Effective Date.
Anniversary Payment. Payment in a single lump sum within thirty (30) days following the Date of Separation from Service, a pro-rata portion of the Anniversary Bonus for the year in which the Date of Separation from Service occurs, calculated from the first day of such year up to the Date of Separation from Service.
Anniversary Payment. Not later than 90 days after the first anniversary of the Closing Date, SDRC shall calculate the Anniversary Payment and shall remit the net amount thereof to Seller together with a written statement setting forth the calculation of such net amount, including a detailed explanation of the relevant product sales and of any setoffs or other adjustments thereto. Within 60 days after receipt of the Anniversary Payment from SDRC, Seller shall be permitted to conduct a review of the Anniversary Payment and SDRC's working papers used to determine the amount of the Anniversary Payment in accordance with GAAP. If Seller and SDRC disagree as to the correct amount of the Anniversary Payment, the matter shall be submitted to a nationally recognized firm of independent accountants agreed upon by the parties. The independent accountants shall then have 30 days in which to determine the correct Anniversary Payment, and such determination shall be final and binding on both parties. The costs of such independent accountants shall be borne equally by SDRC and the Seller.
AutoNDA by SimpleDocs
Anniversary Payment. Within [ *** ] of the one-year anniversary date of the Effective Date, subject to the receipt of a corresponding invoice, INNX shall pay to GCOR via wire transfer in immediately available funds a one-time, lump sum, non-refundable, non-creditable payment of [ *** ].

Related to Anniversary Payment

  • Lump Sum Payment Upon award of the contract for this improvement, the LA will pay to the STATE, in lump sum, an amount equal to 80% of the LA’s estimated obligation incurred under this Agreement, and will pay to the STATE the remainder of the LA’s obligation (including any nonparticipating costs) in a lump sum, upon completion of the project based upon final costs. Method B - Monthly Payments. Upon award of the contract for this improvement, the LA will pay to the STATE, a specified amount each month for an estimated period of months, or until 80% of the LA’s estimated obligation under the provisions of the Agreement has been paid, and will pay to the STATE the remainder of the LA’s obligation (including any nonparticipating costs) in a lump sum, upon completion of the project based upon final costs.

  • Lump Sum Payments If, during the Employment Period, the Company terminates the Executive's employment other than for Cause, or the Executive terminates employment for Good Reason, the Company shall pay to the Executive the following amounts:

  • Premium Payment The Bank shall pay any premiums due on the Policy.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!