Chase Compensation Sample Clauses

Chase Compensation. (a) In connection with each Loan hereunder, Lender shall pay to Chase a fee equal to ___% of (i) earnings (less any Rebate paid by Chase to a Borrower) derived from Authorized Investments in connection with Loans collateralized by cash, and (ii) any Securities Loan Fee paid or payable by the Borrower on Loans not collateralized by cash. (b) The fee payable to Chase for services performed pursuant to Section 5(f) hereof shall be equal to one tenth of the one percent (0.1%) of the Fund's average daily Assets (with "Fund" being as defined in Appendix 4 hereto). All securities in the Fund shall be valued based on their amortized cost. Fees shall be accrued and charged daily against the Fund's yield or assets, as appropriate, and shall be payable monthly in arrears on the first business day of the month following the month in which earned. (c) Chase is authorized, on a monthly basis, to charge all the foregoing fees (together with reasonable expenses incurred by Chase hereunder) and any other amounts owed by Lender hereunder against the Account and/or a Collateral Account.
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Chase Compensation. (a) In connection with each Loan hereunder, Lender shall pay to Chase (i) a fee equal to 30% of earnings (less any Rebate paid by Chase to a Borrower) derived from Authorized Investments in connection with Loans of U.S. Securities collateralized by cash; (ii) a fee equal to 35% of earnings (less any Rebate paid by Chase to a Borrower) derived from Authorized Investments in connection with Loans of Foreign Securities collateralized by cash; (iii) a fee equal to 30% of any Loan Fee paid or payable by the Borrower in connection with Loans of U.S. Securities not collateralized by cash; and (iv) a fee equal to 35% of any Loan Fee paid or payable by the Borrower in connection with Loans of Foreign Securities not collateralized by cash. (b) Chase is authorized, on a monthly basis, to charge all the foregoing fees (together with reasonable expenses incurred by Chase hereunder) and any other amounts owed by Lender hereunder against the Account and/or a Collateral Account.
Sample 1
Chase Compensation. (a) In connection with each Loan hereunder, Lender shall pay to Chase (i) a fee equal to 20% of earnings (less any Rebate paid by Chase to a Borrower) derived from Authorized Investments in connection with Loans of Securities consisting of American Depositary Receipts and Global Depository Receipts. (b) The fee payable to Chase for services performed pursuant to Section5 (e) hereof shall be equal to 0.075 (i.e. 7.5 basis points) of the Authorized Investments. All securities constituting Authorized Investments shall be valued based on their amortized cost. Fees shall be accrued or charged daily, as appropriate, and shall be payable monthly in arrears. (c) Chase is authorized, on a monthly basis, to charge all the foregoing fees (together with reasonable expenses incurred by Chase hereunder) and any other amounts owed by Lender hereunder against the Account and/or a Collateral Account. (d) If based on its analysis Chase determines that the fee schedule for any other "Similar Securities Lending Customer" of Chase would result in a lower overall fee to Lender than would the foregoing fee schedule, then Lender shall be given the benefit of such other fee schedule in its entirety, effective with the first day of the month that such fee schedule is made effective. Chase shall analyze fee schedules for purposes hereof not less than semi-annually. A "Similar Securities Lending Customer" shall mean another customer that is a U.S. investment company. Section 9 -
Sample 1

Related to Chase Compensation

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

  • Bonus Compensation The Executive shall not receive any bonus payment whatsoever pursuant to Section 3.02 or the Bonus Plan except such bonus which is already earned and due to be paid up to and including the Termination Date, notwithstanding any period following the Termination Date during which the Executive may receive any payments or benefits under the terms of the Agreement.

  • Severance Compensation In the event (i) Employee terminates this Agreement for Good Reason in accordance with Paragraph 11.3 hereof; (ii) Employee is terminated for any reason (except death or disability) upon, or within six months following, a "Change in Management or Control (as such term is defined in Paragraph 11.5 hereof);" or (iii) Employee is terminated without Cause, the Company shall be obligated to pay severance compensation to Employee in an amount equal to his salary compensation (at the rate payable at the time of such termination) for a period of six (6) months from the date of termination. Notwithstanding the foregoing, if Employee is employed by a new employer, or as a consultant after the termination of this Agreement, the severance compensation payable to Employee hereunder shall be reduced by the amount of compensation that Employee actually receives from the new employer, or as a consultant. However, Employee shall have a duty to inform the Company that he has obtained such new employment, and the failure to do so is a material breach of this Agreement. In such event, the Company shall be entitled to (i) cease all payments to Employee under this Paragraph 11.4; and (ii) recover any unauthorized payments to Employee in an action for breach of contract. Notwithstanding anything else in this Agreement to the contrary, solely in the event of a termination upon or following a Change in Management or Control, the amount of severance compensation paid to Employee hereunder shall not include any amount that the Company is prohibited from deducting for federal income tax purposes by virtue of Section 280G of the Internal Revenue Code of 1986, as amended, or any successor provision. In addition to the foregoing severance compensation, the Company shall pay Employee (i) all compensation for services rendered hereunder and not previously paid; (ii) accrued vacation pay; and (iii) any appropriate business expenses incurred by Employee in connection with his duties hereunder and approved pursuant to Section 4 hereof, all through the date of termination. Employee shall not be entitled to any bonus compensation, whether vested or unvested; or any other compensation, benefits or reimbursement of any kind.

  • Annual Incentive Compensation (a) The Executive shall be eligible to receive annual bonus compensation, if any, as may be determined by, and based on performance measures established by, the Board of Directors upon the recommendation of the Compensation Committee of the Board of Directors (the “Committee”) consistent with the Employer’s strategic planning process and in consultation with the Executive, pursuant to any incentive compensation program as may be adopted from time to time by the Board of Directors, based on recommendations by the Committee (an “Annual Bonus”).

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following:

  • Cash and Incentive Compensation For clarification, it is understood by all parties that other than as specified herein, the Company is not obligated to award any future grants of stock options or other form of equity compensation to Executive during Executive's employment with the Company.

  • 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 Salary and Incentive Compensation The Company shall pay to Executive (i) his Base Salary (as in effect as of the date of his termination) and (ii) Incentive Compensation (in an aggregate amount equal to the applicable portion of the cash Incentive Compensation received by the Executive for the most recent fiscal year prior to his termination) as follows: Years of Base Payout Service Salary Incentive Compensation Period Less than one 3 months 25% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 3 months One but less than two 6 months 50% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 6 months Two but less than three 9 months 75% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 9 months Three or More 12 months 100% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 12 months To the extent permitted under Code Section 409A, the sum of applicable Base Salary and Incentive Compensation shall be divided into equal monthly payments and paid to the Executive over the applicable Payout Period shown in the table above, depending on the Executive’s years of service at the time of Termination.

  • Annual Bonus Compensation In addition to your Salary, during the Employment Term you shall be eligible to earn an annual bonus for each whole or partial calendar year during the Employment Term, determined and payable as follows (the “Bonus”):

  • Executive Compensation Until such time as the Investor ceases to own any debt or equity securities of the Company acquired pursuant to this Agreement or the Warrant, the Company shall take all necessary action to ensure that its Benefit Plans with respect to its Senior Executive Officers comply in all respects with Section 111(b) of the EESA as implemented by any guidance or regulation thereunder that has been issued and is in effect as of the Closing Date, and shall not adopt any new Benefit Plan with respect to its Senior Executive Officers that does not comply therewith. “Senior Executive Officers” means the Company’s “senior executive officers” as defined in subsection 111(b)(3) of the EESA and regulations issued thereunder, including the rules set forth in 31 C.F.R. Part 30.

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