Basis of Remuneration. The Commission shall apply to all sales orders from customers solicited by Distributor. (Customers defined as an individual or a company who have bought the product/services from the Distributor for their own use.) No remuneration shall be paid on (i) orders solicited directly by Company within the Territory; (ii) orders received from outside the Territory unless otherwise agreed in writing by Company.
Basis of Remuneration. Contingent upon the completion of the Acquisition, Company will issue Consultant 6,000,000 ordinary shares of Company, US$0.001 par value per share (the "Shares"), which shares shall be issued pursuant to a registration statement on Form S-8 filed by Company with the Securities and Exchange Commission, provided that: (I) Consultant shall be solely responsible for all tax returns and payments required to be filed with or made to any federal, state or local tax authority with respect to Consultant's performance of the Services pursuant to this Agreement, (ii) Consultant agrees to accept exclusive liability for complying with all applicable federal, state and local laws governing self-employed individuals, including, without limitation, obligations such as the payment of taxes, social security, disability and other contributions based on the transactions contemplated by this Agreement, (iii) Consultant hereby agrees to indemnify, hold harmless and defend Company from and against any and all such taxes and contributions, as well as any penalties and interest arising therefrom, and (iv) All the reasonable and undisputed expenses incurred, such as transportation, mail, copy and fax charges, etc., shall be reimbursed to Consultant by Company within 30 days of receipt of the related invoices.
Basis of Remuneration. No officer or employee of any Group Company is entitled to any remuneration, loan, commission or other emoluments of whatever nature calculated by reference to the whole or part of the turnover, the profits or sales of any Group Company and no Group Company is a party to or bound by any share option, profit sharing, bonus or commission scheme (whether discretionary or otherwise) in respect of any of its officers or employees.
Basis of Remuneration. A setting up fee of No Charge
Basis of Remuneration. 5.1 The basis of remuneration for The Service is as specified in the Agreement.
5.2 Additional work not covered by Clause 5.1 shall be remunerated by the hour, the rates therefore being at the hourly rates specified in the Agreement unless an alternative figure has been pre-agreed in writing between the Client and the Agent, and unless the work relates to one of the Additional Services referred to in Appendix 2 in which case the charging basis set out in Appendix 2 will apply.
5.3 The Client is to reimburse the Agent for any agreed out of pocket expenses.
5.4 The basis of the Agent’s remuneration referred to above in Clause 5.1, 5.2 and 5.3 may be reviewed at the instance of either party whilst agreeing the service charge budget and any revised rates will apply from the start of the next service charge accounting year. If no agreement is reached between the Parties within one month of the service charge accounting year end then the rates in clause 5.1 will be varied by the amount by which the Retail Price Index has changed from a date 6 months before the rates in clause 5.1 were last reviewed and ending on the date closest to 6 months before the service charge year end date.
Basis of Remuneration. The basis of Consultant’s remuneration for the Services shall be as follows:
(i) Contingent upon the completion of the Acquisition, Man Sang will issue Consultant 300,000 ordinary shares of Man Sang, US$0.001 par value per share (the “Shares”), which shares shall be issued pursuant to a Registration Statement on Form S-8 filed by Man Sang with the Securities and Exchange Commission, provided that (i) Consultant shall be solely responsible for all tax returns and payments required to be filed with or made to any federal, state or local tax authority with respect to Consultant’s performance of the Services pursuant to this Agreement, (ii) Consultant agrees to accept exclusive liability for complying with all applicable federal, state and local laws governing self-employed individuals, including, without limitation, obligations such as the payment of taxes, social security, disability and other contributions based on the transactions contemplated by this Agreement, and (iii) Consultant hereby agrees to indemnify, hold harmless and defend Man Sang from and against any and all such taxes and contributions, as well as any penalties and interest arising therefrom.
(ii) All the reasonable and undisputed expenses incurred, such as transportation, mail, copy and fax charges, etc., shall be reimbursed to Consultant by Man Sang within 30 days of receipt of the related invoices.
Basis of Remuneration. HOURLY EMPLOYEES SALARIED EMPLOYEES
Basis of Remuneration. Percentage of Realisations Net amount realised on sale of assets after the deduction of costs of sale Remuneration Percentage Total amount recovered from Company’s debtors and contingent debtors Remuneration Percentage Maximum Allowable Percentage Rate
Basis of Remuneration. Commission – in all instances except where ‘Fee in lieu of commission’ is selected in the table below, we receive a commission payment from your insurance company for arranging and ongoing management of your insurance policy. This amount is normally a percentage of the total annual premium you pay (excluding insurance premium tax (IPT)). Where a policy is arranged on a Fee in lieu of commission basis please read the remuneration description in the table below.
Basis of Remuneration. A setting up fee of No Charge Payable three months after the start date of management
