Base Retainer Sample Clauses

Base Retainer. Rockford agrees to pay to 3G as part of its compensation under this Contract a retainer fee of $30,000 per month payable in advance on the 8th day of each month. This retainer fee shall be non-refundable except in the event that this Contract shall be terminated by 3G pursuant to the provisions of Section 4 hereof effective on some day other than the 8th day of the month, in which case the final fee payment shall be pro-rated or a refund given for any unearned portion.
Sample 1
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Base Retainer. For Leglxx'x xxxvices in connection with Leglxx'x Xxxagement as General Counsel, the Company will pay a retainer (the "Base Retainer") of $32,500 per month commencing April 1, 1998 and continuing during the Term; and
Sample 1
Base Retainer. Consultant shall receive an aggregate annual minimum base retainer at the rate of One Hundred and fifty Thousand Dollars ($150,000) payable in equal monthly installments of $12,500 (“Base Retainer”). Payments of Base Retainer shall be made in NIS, calculated using the exchange rate of the date of payment. The Base Retainer shall be subject to review annually commencing on Jan 1, 2019, and shall be maintained or increased during the term hereof as the Board may determine from time to time. Upon (i) the closing of an initial public offering of ordinary shares of Employer; (ii) the closing of a transaction pursuant to which the Employer merges with or into a direct or indirect subsidiary of a public company; or (iii) the Employer becomes a Section 15(d) or Section 12(g) filer under the U.S. SEC regulations (each of (i), (ii) and (iii), a “Public Event”) the Base Retainer shall be Three Hundred and Fifty- Thousand Dollars ($350,000) payable in equal monthly installments of $29,166, in the case the company had over USD $20 million cash and cash equivalents available upon the closing of the Public Event and a simultaneous financing In the case the Company had less than USD $20 million cash and cash equivalents balance available upon the closing of the Public Event and a simultaneous financing, the Base Retainer shall be Two Hundred and Fifty- Thousand Dollars ($250,000) payable in equal monthly installments of $20,833, and the Base Retainer shall be Three Hundred and Fifty- Thousand Dollars ($350,000) payable in equal monthly installments of $29,166 starting upon a USD $20 million cash and cash equivalents balance available to the Company.
Sample 1
Base Retainer. Advisor will be entitled to receive a monthly payment in the amount of $30,000 (Thirty Thousand U. S. Dollars) (the “Base Retainer”), payable at the end of each calendar month during the term of this Agreement. For any partial month, the Base Retainer amount shall be prorated based on the ratio of the number of business days worked during the month divided by the actual number of business days for the month.
Sample 1
Base Retainer. The Company will pay Remedii LLC, a limited liability company for which you are the Managing Member, a base retainer at the rate of $495,000 per year. All annual base retainer payments will be made in substantially equal monthly installments and will be subject to applicable deductions and withholdings. Your base retainer will be subject to periodic review and adjustments at the Company’s discretion.
Sample 1
Base Retainer 
Sample 1

Related to Base Retainer

  • Retainer 1.1.1. County does hereby retain A-E to perform the Projects/Services as required by this Contract. 1.1.2. A-E has offered, and County has accepted, the professional services of Xxxxxx Xxxxxxxxx, PE and A-E shall assign him/her to the Projects/Services. 1.1.3. A-E may employ special consultants/contractors for the accomplishment of the Projects/Services specified; and only the firms or independent consultants/contractors identified in Attachment C may be employed by A-E to provide these Projects/Services. 1.1.4. Consultants/contractors may be substituted and/or added by mutual Contract of A-E and the Director, County of Orange, OC Public Works or his designee, hereinafter referred to as 1.1.5. A-E's employment of independent consultants/contractors shall not relieve A-E from the performance of its own responsibilities pursuant to this Contract. However, all consultants/contractors independently contracting with County shall be independently liable to County for the performance of the work pursuant to their agreements, and A-E shall have no liability for work by contractors independently contracting with County.

  • Retainer Fee This Agreement shall have ☐ no retainer fee ☐ a non-refundable retainer fee in the amount of $_ to obtain the Agency’s services under this Agreement (“Retainer Fee”). If a Commission is paid the Retainer Fee shall be deducted from the total Commission amount. The Commission is due and payable at closing by the Buyer. The amount or rate of real estate commissions is not fixed by law. The commission is set by each Broker individually and may be negotiable between the Buyer and the Broker.

  • Director Compensation Petitioner shall not compensate members of the Charter School’s Governing Board in excess of reasonable expenses incurred in connection with actual attendance at board meetings or with performance of duties associated therewith.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.

  • Bonus Compensation During the term hereof, the Executive shall participate in the Company’s Senior Executive Annual Incentive Plan, as it may be amended from time to time pursuant to the terms thereof (the “Plan,” a current copy of which is attached hereto as Exhibit A) and shall be eligible for a bonus award thereunder (the “Bonus”). For purposes of the Plan, the Executive shall be eligible for a Bonus, and the Executive’s specified percentage (the “Specified Percentage”) for such Bonus shall initially be fifty percent (50%) of Base Salary and shall thereafter be established annually by the Board of Directors (the “Board”) or, if the Board delegates the Specified Percentage determination process to a Committee of the Board, by such Committee. In the event the Board or Committee does not approve the Executive’s Specified Percentage within 90 days of the beginning of a fiscal year, such Specified Percentage shall be the same as the immediately preceding year. Whenever any Bonus payable to the Executive is stated in this Agreement to be prorated for any period of service less than a full year, such Bonus shall be prorated by multiplying (x) the amount of the Bonus otherwise earned and payable for the applicable fiscal year in accordance with this Sub-Section 4.2 by (y) a fraction, the denominator of which shall be 365 and the numerator of which shall be the number of days during the applicable fiscal year for which the Executive was employed by the Company. Executive agrees and understands that any prorated Bonus payments will be made only after determination of the achievement of the applicable Performance Measures (as defined in the Plan) in accordance with the terms of the Plan. Any compensation paid to the Executive as Bonus shall be in addition to the Base Salary.

  • DIRECTORS' FEES Directors' fees and other similar payments derived by a resident of a Contracting State in his capacity as a member of the board of directors of a company which is a resident of the other Contracting State may be taxed in that other State.

  • Annual Fees The annual rental fee of a standard individual 12 x 14 plot is $40 per plot. Please note this rental fee is non-refundable and must be paid at the time of application. This fee is used to offset expenses associated with the Garden. Please make checks payable to Xxxxxx Township Recreation.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

  • Base Compensation The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $185,000 per annum, payable in cash not less frequently than monthly. The Board shall review, not less often than annually, the rate of the Employee's salary, and in its sole discretion may decide to increase his salary.

  • Additional Compensation Notwithstanding anything in this Memorandum of Understanding to the contrary when in the judgment of the Board, it becomes necessary or desirable to utilize the services of County employees in capacities other than those for which they are regularly employed, the Board may authorize and, if appropriate, fix an additional rate of compensation for such employees.

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