City Compensation Sample Clauses

City Compensation. The City will pay the County a Booking Fee, Maintenance Charge, Surcharges, and Offsite Medical Charges as follows (together with such other charges as may be applicable in accordance with this Agreement):
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City Compensation. In consideration of the exclusive contractual rights and agreement granted by the City to Contractor for provision of collection services for both residential and commercial solid waste generators, Contractor agrees to pay the City beginning January 1, 2004 (year one) 11% of all gross revenues received by Contractor for the provision of collection services under this Agreement. Beginning January 1, 2005, and thereafter, Contractor agrees to pay the City 12% of all gross revenues received by Contractor for provision of the collection services under this Agreement. The amount of any City compensation may be adjusted from time to time by the City with consent of the Contractor. In years 2004 and 2005 the cost of the increase in franchise fees will be borne by the Contractor. In subsequent years, all City compensation, including the 2% increase in franchise fees outlined above, shall be considered a pass-through cost for purposes of determining rates. Any increase or decrease in the city compensation percentage will require a rate adjustment.
Sample 1
City Compensation. On or before the first day of each month during the initial or any extended term hereof Contractor shall pay City five-thousand dollars. In addition to this fixed monthly payment commencing September 1, 2020 on or before the thirtieth day of each month during the initial or extended term, Contractor shall pay City a sum equal to fifteen percent (15%) of the gross receipts of Contractor :from all Shipyard Services received during the previous calendar Marine Travelift Operator Agreement August 2020 City Agreement No. 000000 month, including all utility expenses. The City will invoice the Contractor monthly for all utility expenses. Such remittances shall be accompanied by appropriate itemized documentation.
Sample 1
City Compensation. The City will pay the County a booking fee and a maintenance charge as follows:
Sample 1
City Compensation 
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Related to City Compensation

  • Equity Compensation As of the Effective Date, the Company shall grant performance stock units (“PSUs”) to the Executive under the 2024 Omnibus Incentive Plan subject to the terms and conditions of an award agreement in substantially the form attached hereto as Exhibit A (the “Grant Agreement”), which is hereafter referred to as the “IPO Grant”. The target number of PSUs under the IPO Grant shall equal $2,200,000 divided by a price per share equal to the initial public offering price per share that the Company’s common stock is sold to the public in the Company’s initial public offering (“IPO Price”). In addition, the Company shall annually grant the Executive equity awards under the Company’s 2024 Omnibus Incentive Plan beginning in fiscal 2024 and throughout each fiscal year of the Employment Period thereafter having an initial grant date value of not less than $2,070,000. The initial equity grant shall be in the form of time-based restricted stock units (“RSUs”), with the number of RSUs to be based on the IPO Price and the grant to be made in substantially the form attached hereto as Exhibit B. Any time-based equity awards granted to the Executive shall fully vest and be settled in cash on a Change in Control; provided, however that the acquirer of the Company shall be entitled to defer payment of any amounts that would otherwise be vested and paid on an accelerated basis under this paragraph until the first anniversary of the Change in Control subject to a requirement that the Executive is then employed by the Company or a Subsidiary or Affiliate with any deferred amounts set aside in a rabbi trust or other funding vehicle that is reasonably satisfactory to the Executive. If a buyer elects a deferred payment under this paragraph, any deferred amounts will be forfeited if the Executive terminates employment before the first anniversary of the Change in Control; provided, however, that the deferred payment shall be fully vested and paid within five business days of employment termination if the Executive’s employment is terminated by (i) the Company without Cause, (ii) by the Executive with Good Reason, or (iii) due to the Executive’s death or Disability. All grants of equity compensation awards shall be made in the good faith discretion of the Committee upon the performance of the Executive and the Company consistent with the terms of this Section 5.

  • Holiday Compensation Compensation for each paid holiday day not taken out is 4.6 % of the current monthly salary and holiday supplement according to 9.4.1 and 9.4.

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125 per hour.

  • Stock Compensation The Executive shall be eligible to receive stock-based compensation, whether stock options, stock appreciation rights, restricted stock grants or otherwise, under the Parent’s Amended and Restated 2004 Long Term Incentive Plan or other stock-based compensation plans as Parent may establish from time to time (collectively, the “Plans”). The Executive shall be considered for such grants no less often than annually as part of the Board’s annual compensation review, but any such grants shall be at the sole discretion of the Board.

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