Business Development Fee Sample Clauses

Business Development Fee. In the case of any business development transaction by the Client, including but not limited to a sales contract, joint venture, distribution agreement, licensing agreement, or other similar business development transaction consummated by the Client or its subsidiaries within two (2) years from the termination of this Agreement, with a party that was introduced to Client by Financial Adviser during the term of this Agreement, the Client shall pay to the Adviser a mutually agreed-upon fee of what is commercially customary for a Business Development Fee. This fee shall not apply to any party identified by the Client on a schedule to be provided contemporaneously to Financial Adviser with execution of this Agreement. The “Business Development Fee” may be comprised of some of the following fees: a. A Finder’s Fee equal to __5%___ of the total gross funding provided by any equity purchaser payable to Client that is the result of the introduction and consummation of a transaction between the Client and a company, not already having a preexisting relationship with the Client, introduced by the Financial Advisers to the Client. Company agrees that said fee will be paid in full within five (5) days of the close of the transaction. b. A Placement Fee equal to ___10___ % of Placement Consideration (as defined below) payable in connection with the Private Placement at the closing, and/or any follow-on closings. c. A Partnership Transaction Fee equal to ___5___% of Designated Consideration (as defined below) payable in connection with a Transaction at the closing of the definitive agreements for each phase thereof, provided that compensation attributable to that part of Designated Consideration which is contingent upon the realization of future financial, product, regulatory, business or other specific performance shall be paid by the Client to Financial Adviser promptly upon the receipt of such Designated Consideration;
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Business Development Fee. XX Xxxxx agrees to pay Sourcing Alliance three percent (3%) (the “Business Development Fee”) of each of the first three (3) year’s Spend of any existing Sourcing Alliance Member approved as a Prospective Participant as jointly agreed to by the Parties and listed in Appendix I who becomes a Program Participant and converts from buying Products & Services from Sourcing Alliance’s existing office supplies Supplier Partner to XX Xxxxx. Such Member must enter into a Customer Agreement with XX Xxxxx with a minimum three (3) year term. XX Xxxxx shall remit any Business Development Fees due based on the prior calendar year’s Spend subject to the Business Development Fee calculation within forty-five (45) days after the end of the prior calendar year. For example, if a Member who had been purchasing Products & Services from Sourcing Alliance’s existing office supplies Supplier Partner begins purchasing Products & Services from XX Xxxxx, enters into a three (3) year Customer Agreement with XX Xxxxx, and purchases and pays for $100,000 of Products & Services from XX Xxxxx during the first calendar year of that Participant’s Customer Agreement with XX Xxxxx, XX Xxxxx would remit to Collaborent a Business Development Fee of $3,000 by February 14th of the following calendar year.
Sample 1
Business Development Fee. In the case of any business development transaction by the Company including but not limited to a sales contract, joint venture, distribution agreement, licensing agreement, or other similar business development transaction, (“Business Development Fee or BDF”) consummated by the Company or subsidiaries, during the period ending two years from the termination of this Agreement in which the Advisor during the term of this Agreement introduced the other party to the Company, the Company will pay to the Advisor a fee equal to what is commercially customary for such BDF.
Sample 1
Business Development Fee. Sears shall pay Licensee the business development fee ("Business Development Fee") set forth on Schedule 6.1 on the Effective Date. Licensee acknowledges that the entire Business Development Fee shall be used solely for the purpose of reimbursing Licensee for expenses incurred as of the Effective Date for the development, operation and marketing of the Licensed Business and the Authorized Products under Release 1.0.
Sample 1
Business Development Fee. The Company shall pay the Investor an annual fee of $9,983 (such amount to be adjusted annually hereafter on each anniversary of the date of this Agreement to reflect the percentage increase from March in the prior year in the Consumer Price Index for all Urban Consumers, Boston, Massachusetts Area, All Items, (1982-84 = 100)) for the general business and development services of the Investor Nominee Director. Such fee shall be payable quarterly in arrears.
Sample 1

Related to Business Development Fee

  • Business Development Provide advice and assistance in business growth and development of Party B. 业务发展。对乙方的业务发展提供建议和协助。

  • Business Development Company Buyer is a business development company as defined in Section 202(a)(22) of the Investment Advisors Act of 1940.

  • Status as Business Development Company The Borrower is an “investment company” that has elected to be regulated as a “business development company” within the meaning of the Investment Company Act and qualifies as a RIC.

  • Development Fee A fee for the packaging of a Property or Mortgage, including the negotiation and approval of plans, and any assistance in obtaining zoning and necessary variances and financing for a specific Property, either initially or at a later date.

  • Professional Development Days Upon request, each Employee shall be granted at least three (3) professional development days annually for professional development, at the Basic Rate of Pay. An Employee shall be advised, prior to taking any professional development days of any transportation, registration fees, subsistence and other expenses that will be paid by the Employer. Such hours not used in each fiscal year shall not be carried forward into subsequent years. Applications for such paid professional development opportunities shall be made in writing, to the Employer as early as possible.

  • Skills Development The Company acknowledges the changing pace of technology in the electrical contracting industry and the need for employees to understand those changes and have the necessary skill requirements to keep the Company at the forefront of the industry. The Parties to this Agreement recognise that in order to increase the efficiency, productivity and competitiveness of the Company, a commitment to training and skill development is required. Accordingly, the parties commit themselves to: i) Developing a more highly skilled and flexible workforce. ii) Providing employees with career opportunities through appropriate training to acquire the additional skills as required by the Company. Taking into account; The current and future skill needs of the Company. The size, structure and nature of the Company. The need to develop vocational skills relevant to the Company and the Electrical Contracting Industry. Where, by agreement between the employee and employer, an employee undertakes training providing skills, which are not a company specific requirement, any time spent in the completion of this training shall be unpaid.

  • Creation and Development Fee If the Prospectus related to a Trust specifies a creation and development fee, the Trustee shall, on or immediately after the end of the initial offering period, withdraw from the Capital Account, an amount equal to the unpaid creation and development fee as of such date and credit such amount to a special non-Trust account designated by the Depositor out of which the creation and development fee will be distributed to the Depositor (the "Creation and Development Account"). The creation and development fee is the per unit amount specified in the Prospectus for the Trust. (16) Article III is hereby amended by adding the following section:

  • Job Development ‌ a. Does the district conduct or access job development services to expand job opportunities for TA and SNAP participants? Yes No If Yes, select how the district participates in job development activities. District staff contacts employers to solicit jobs for TA and SNAP Participants. Describe below how this is done, including number of staff, frequency of contacts, etc. Self Sufficiency Supervisory Staff members promote the hiring of Temporary Assistance clients through the use of the Transitional Employment Advancement Program (TEAP). MCDSS offers periodic job interviews with 60 - 75 TA recipients (concentrating on the Safety Net Singles) to fill vacant positions with companies who may participate with TEAP or OJT. Daily, job openings are received from area employers and reviewed by the Self Sufficiency staff for possible applicant matching. All jobs are posted in our waiting rooms, handed out at our front windows, given during recertification interviews or employment assessments for clients and applicants to review and submit applications to. To find additional employers, intranet searches of employment web sites, phone calls, cold calls, and mailings are made to employers in the area to explain the TEAP and OJT contracts along with information about Tax Incentives. Self Sufficiency staff also attend Job Fairs, as they arise to speak with employers and discuss the benefits of hiring a client currently on Public Assistance. Individuals that are eligible for TEAP or OJT are also given a TEAP brochure and OJT literature to use to advise potential employers that they are eligible for TEAP or OJT if they are hired. The Employment Coordinator receives notifications of job postings from various Monroe County vendors, we then try to match clients with these positions. MCDSS screens recipients for job skills matching current openings at an employer. MCDSS then schedules recipients to come to office and have a job interview here in the building. We assist with online application filing and interview preparation before the interview is conducted with the employer. MCDSS receives notifications of community job fairs and advises employable individuals to attend. MCDSS is able to have a sign in table at these events and are able to mentor individuals and offer support during the fair. District contracts or has an agreement with another agency to contact employers and solicit jobs for TA and/or SNAP participants. Describe below how this is done, including number of staff, frequency of contacts, etc. RochesterWorks, Inc. - There are 3 full-time staff dedicated to employer outreach on the RochesterWorks Business Services team. Outreach is done on a daily basis in a variety of ways such as through daily job posts on behalf of business, presentations to business/industry associations and groups like the local Xxxxxxxx of Commerce, Pro-ROC (Professional Recruiters of Rochester) and other networks; one-on-one meetings at employers’ worksites, virtually, over the phone or via email; virtual and in-person recruitment events; and monthly business newsletters. RochesterWorks also engages employers referred by our local county Economic Development Department as well as the Department of Labor, to promote and connect job seekers with hiring companies. In addition to free job posting, recruitment events, and promotion, RochesterWorks offers work-based training grants in the form of On-the-Job Training (partial wage subsidy) and Transitional Jobs (fully subsidized). Career Systems currently refers Job Seekers from a number of programs to area job fairs. They will continue this and consider a referral to a job fair to be equivalent to a referral to potential employment; it will be a condition of continued eligibility for the program. They will facilitate, monitor and report this attendance and participation. Career Systems will also develop relationships with hiring agencies that will allow groups of participants to be interviews at the job site. Career Systems staff will facilitate, monitor and report attendance at these functions.

  • Research and Development (i) Advice and assistance in relation to research and development of Party B; (ii) Advice and assistance in strategic planning; and

  • Strategic Planning Facilitate the effective alignment of IT requirements/ Information Resource Management (IRM) plans with strategic business plans and program initiatives. Management Improvements: Development and implementation of improved systems and business practices to optimize productivity and service delivery operations (e.g., analysis, and implementation of improvements in the flow of IT work and program processes and tool utilization, including business system analysis, identification of requirements for streamlining, re-engineering, or re-structuring internal systems/business processes for improvement, determination of IT solution alternatives, benchmarking).

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