Board Fee Sample Clauses

Board Fee. The Borrower agrees to pay to the Board on the Effective Date a fee in the amount of $250,000.
Sample 1Sample 2
AutoNDA by SimpleDocs
Board Fee. The Board collects a fee based on the assets in each Designated Portfolio (“Board Fee”) to pay for expenses related to oversight and administration of the Trust. If assets in the Plan are $5 billion or less, each Designated Portfolio will bear an annualized fee of 0.01% based on the assets in such Designated Portfolio that is used to pay the Board Fee. However, if assets in the Plan are less than $1 billion, the Board Fee will be an annual fixed fee equal to $100,000, and Wealthfront (not you as the Account Owner through your investment in a Designated Portfolio) will directly pay the portion of the Board Fee equal to the difference between the 0.01% annualized fee for all Designated Portfolios and the annual fixed fee of $100,000. If assets in the Plan are greater than $5 billion, the annualized fee borne by each Designated Portfolio will be reduced below 0.01% based on the assets in such Designated Portfolio such that the entire amount of the fees for all Designated Portfolios equals a fixed annual fee of $500,000, which is paid to the Board as the Board Fee. The following table summarizes the annual Asset-Based and Total Fees for each Designated Portfolio. Designated Portfolio Underlying ETF (Ticker Symbol) Asset Class Asset-Based Designated Portfolio Fees Asset-Based Account Fee Total Fee5 Underlying ETF Fee1 Ascensus Program Management Fee Board Fee2 Total Asset- Based Designated Portfolio Fee3 Wealthfront Advisory Fee4 Short Treasury Bond Portfolio iShares Short Treasury Bond ETF (SHV) US Treasury Bills 0.15% 0.05% 0.01% 0.21% 0.25% 0.46% Corporate Bond Portfolio iShares iBoxx $ Investment Grade Corp Bond ETF (LQD) US Investment Grade Corporate Bonds 0.14% 0.05% 0.01% 0.20% 0.25% 0.45% Short-Term Inflation Protected Securities Portfolio Vanguard Short--Term Inflation- Protected Securities ETF (VTIP) US TIPS 0.05% 0.05% 0.01% 0.11% 0.25% 0.36% Emerging Markets Bond Portfolio iShares JPMorgan USD Emerging Markets Bond ETF (EMB) Emerging Markets Bonds 0.39% 0.05% 0.01% 0.45% 0.25% 0.70% REIT Portfolio Vanguard REIT ETF (VNQ) US REITs 0.12% 0.05% 0.01% 0.18% 0.25% 0.43% Dividend Stock Portfolio Vanguard Dividend Appreciation ETF (VIG) US Dividend Growth Stocks 0.06% 0.05% 0.01% 0.12% 0.25% 0.37% Total Stock Market Portfolio Vanguard Total Stock Market ETF (VTI) US Stocks 0.03% 0.05% 0.01% 0.09% 0.25% 0.34% International Stock Portfolio Vanguard FTSE Developed Markets ETF (VEA) International Developed Stocks 0.05% 0.05% 0.01% 0.11% 0.25% 0.36% Emerging Ma...
Sample 1
Board Fee. In respect of Ordan’s performance of the Board Services, Ordan shall receive (i) an annual retainer in same amount and in the same form as other non-employee independent members of the Board (to be earned so long as he is a member of the Board), and (ii) an additional annual cash retainer of $100,000 in respect of his services as the Non-Executive Chairman of the Board (to be earned so long as he is Non-Executive Chairman of the Board), paid at the same time as the annual retainer described in the preceding clause (i). In recognition of the fact that Board compensation is paid in respect of each year ending on May 28, for the period from the Transition Date through May 28, 2016, Ordan shall receive a pro-rated portion of each component of compensation described in the preceding sentence, paid at a time or times mutually agreed between Ordan and the Board.
Sample 1
Board Fee. The Board shall have the right to assess a fee to be paid by the Association for dues deduction and uniform assessments. The fee amount will be negotiated between the parties at the option of the board throughout the term of this contract.
Sample 1
Board Fee. The Executive will not receive a fee or any other cash compensation as a result of his service on the Board during the Term, however, the stock options previously granted to the Executive in consideration of his service to the Board will continue to vest in accordance with the terms of such stock options. In the event that the Executive’s service with the Company is terminated under this Agreement and he remains on the Board, he shall again be eligible for such fees and other compensation as are applicable to Board members at that time.
Sample 1
Board Fee. Commencing January 1, 2016, Lithia shall pay Director in cash a prorated portion of $210,000 (the cash equivalent of the annual amount currently paid to independent directors) until the Board changes the compensation payable to independent members of the Board. Thereafter, for so long as Director serves as a member of the Board, Lithia shall pay Director the same compensation, in the same form (cash or equity), as Lithia pays to independent directors as the Board determines from time to time.
Sample 1

Related to Board Fee

  • School Board Review The School Board reserves the right to review any decision issued under Level I or Level II of this procedure provided the School Board or its representative notifies the parties of its intention to review within ten (10) days after the decision has been rendered. In the event the School Board reviews a grievance under this section, the School Board reserves the right to reverse or modify such decision.

  • Annual Fee As compensation for its activities hereunder, the Asset Representations Reviewer shall be entitled to receive an annual fee (the “Annual Fee”) with respect to each Annual Period prior to the termination of the Issuer, in an amount equal to $5,000.

  • 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.

  • 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.

  • 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 Xxxxx Xxxxx, P.E., 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.

  • Franchise Tax Board Review (a) In addition to the reporting requirements in section 6, Taxpayer agrees to comply with the FTB’s review of the books and records for purposes of determining if Taxpayer has complied with the requirements of this Agreement. (b) For any business other than a Small Business, Taxpayer acknowledges that the FTB shall review the books and records of all taxpayers allocated a Credit pursuant to this Agreement to ensure compliance with the terms and conditions of this Agreement and agrees to cooperate with the FTB in such a review. In the case of a taxpayer that is a Small Business, Taxpayer acknowledges that a review of the books and records of a taxpayer shall be made when, in the sole discretion of the FTB, a review of those books and records is appropriate and agrees to cooperate with the FTB in such a review. If the FTB exercises its discretion to review the books and records of a Small Business taxpayer, the review will be conducted to ensure compliance with this Agreement. The guidelines and procedures for these reviews are outlined in the FTB’s Notice #2014-2 dated November 7, 2014. (c) These reviews will not constitute an audit of the tax return under Part 10.2 (commencing with section 18401) of the RTC and the regulations thereunder, and will not preclude the FTB from auditing any issue in any taxable year, including a taxable year included in the term of this Agreement. (d) If during the review of the books and records, the FTB determines there is a potential material breach of this Agreement by Taxpayer, and notwithstanding RTC section 19542, the FTB shall notify GO-Biz and provide, in writing, detailed information regarding the basis for that determination.

  • Membership Fee Program Member agrees to and shall pay the Member Amenities Fee as provided in the Membership Agreement. Unless this Agreement is not renewed, as provided in Section 4 (above), subsequently, the Program Member will be billed for the Member Amenities Fee for each Renewal Year prior to the beginning of each Renewal Year, and the Program Member agrees to pay the invoiced Member Amenities Fee within 30 days after the date of the invoice. In order to facilitate the administration of the Personalized Care Practice and the Program Services, Personalized Care Practice hereby appoints Signature MD, Inc. to perform all billing and collections functions associated with the Member Amenities Fee (but not for medical services covered under any insurance contract, including Medicare). Accordingly, Program Member agrees to submit all payments of Member Amenities Fees to Signature MD, Inc., as follows: Signature MD, Inc., 0000 Xxxxxxxxx Xxx, Xxxxx 000 Xxxxxx xxx Xxx, XX 00000 / (000) 000-0000 / xxx.xxxxxxxxxXX.xxx Any checks for payment of the Member Amenities Fees shall be made payable to, and any credit card payments shall be processed by, Signature MD, Inc.

  • School Board Rights Section 1. Inherent Managerial Rights: The exclusive representative recognizes that the School Board is not required to meet and negotiate on matters of inherent managerial policy, which include, but are not limited to, such areas of discretion or policy as the functions and programs of the employer, its overall budget, utilization of technology, the organizational structure and selection and direction and number of personnel.

  • 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.

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