Commitment Compensation Sample Clauses

Commitment Compensation. Commitment Stipend: This stipend will be pro-rated on the basis of a staff member’s annual FTE and will not be available to retire-rehire staff. In recognition of years of service provided by certificated staff, a $3,500 stipend will be provided to staff members in year fifteen (15) of experience and beyond. Beginning in 2024-25, certificated staff in years five (5) through fourteen (14) of experience will be provided a $500 stipend.
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Commitment Compensation. 5. Commitment compensation for managers and school managers from 1 August 2020 onwards: Weekday EUR 13.47 Saturday EUR 27.18 Sunday EUR 40.66 from 1 June 2021 onwards: Weekday EUR 13.62 Saturday EUR 27.48 Sunday EUR 41.11 The compensation will be reviewed in proportion to the general increase.
Commitment Compensation. This is an agreement starting and ending . This position is classified as a volunteer position and will not be compensated. An access pass to Xxxxx X. Xxxxx Sports Center is included for the instructor and spouse (pending an appointment with Director of Recreation Services for a picture ID card). If in the opinion of the Lafayette College designated representatives or the club’s executive board, if at any point the instructor is not working in the best interests of the club, he/she/they can be relieved of all responsibilities, making this agreement null and void. If you are in agreement with these terms and agree to abide by the attached Ethics Policy please sign below and return. Coach Signature: Date Coach Printed Name: Coach Email: Coach Phone Number: Club President Signature: Date Club Treasurer Signature: Date College Administrator Signature: Xxxxx Xxxx, Director of Recreation Services Date
Commitment Compensation. This is a semester agreement starting and ending . This position is classified as a part-time employee and will be compensated at an hourly rate of for a maximum of hours. The hours will breakdown to approximately hours per week for weeks.
Commitment Compensation. This is a Fall semester agreement starting and ending . This position is classified as a part-time employee and will be compensated at an hourly rate of for a maximum of hours. The hours will breakdown to approximately hours per week for weeks. This is a Fall semester agreement starting and ending . This position is classified as a volunteer position and will not be compensated. An access pass to Xxxxx X. Xxxxx Sports Center is included for the instructor and spouse (pending an appointment with Director of Recreation Services for a picture ID card). If in the opinion of the Lafayette College designated representatives or the club’s executive board, if at any point the instructor is not working in the best interests of the club, he/she/they can be relieved of all responsibilities, making this agreement null and void. If you are in agreement with these terms and agree to abide by the attached Ethics Policy please sign below and return. Head Coach Signature: Date Head Coach Printed Name: Club President Signature: Date Club Treasurer Signature: Date College Administrator Signature: Xxxxx Xxxx, Director of Recreation Services Date
Commitment Compensation. As compensation for Executive's surrender of all anti-dilution rights, Executive shall receive a stock option grant of 880,000 shares of the common stock of ISIS fully vested and priced at the market price as of January 1, 2002. The options will be convertible for a period of five (5) years from issuance. Under no circumstances shall Executive be granted any anti-dilution rights with respect to the stock of the ISIS Companies. All grants of stock options provided by this Agreement shall be made pursuant to Employer's Equity Compensation Plan (also sometimes referred to as the "Stock Option Incentive Plan"), as that plan may be amended from time to time in the discretion of Employer.
Commitment Compensation. As compensation for Executive's surrender of all anti-dilution rights, Executive shall receive:
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Commitment Compensation. As compensation for Executive's surrender of all anti-dilution rights, Executive shall receive a stock option grant of 1,320,000 shares of the common stock of ISIS fully vested and priced at the market price as of January 1, 2002. Under no circumstances shall Executive be granted any anti-dilution rights with respect to the stock of the ISIS Companies.

Related to Commitment Compensation

  • Investment Commitment The undersigned's overall commitment to investments which are not readily marketable is not disproportionate to the undersigned's net worth, and an investment in the Shares will not cause such overall commitment to become excessive.

  • The Commitment Subject to the terms and conditions of this Agreement, Lender agrees to make term loans to Borrower from time to time from the Closing Date and to, but not including, the Termination Date in an aggregate principal amount not exceeding the Commitment. The Commitment is not a revolving credit commitment, and Borrower does not have the right to repay and reborrow hereunder. Each Loan requested by Borrower to be made on a single Business Day shall be for a minimum principal amount set forth in the Supplement, except to the extent the remaining Commitment is a lesser amount.

  • Commitment Commission (a) The Borrower agrees to pay the Facility Agent for distribution to each Non-Defaulting Lender a commitment commission (the “Commitment Commission”) for the period from the Effective Date to and including the Commitment Termination Date (or such earlier date as the Total Commitment shall have been terminated) computed at a rate for each day equal to 0.375 multiplied by the Applicable Margin multiplied by the Commitment for such day of such Non-Defaulting Lender divided by 360. Accrued Commitment Commission shall be due and payable quarterly in arrears on each Payment Date and on the Borrowing Date corresponding to the second Delivery Date to occur (or such earlier date upon which the Total Commitment is terminated).

  • Compensation for Facility Letters of Credit (a) The Borrower shall pay to the Administrative Agent, for the ratable account of the Revolving Lenders, based upon such Lenders’ respective Percentages, a per annum fee (the “Facility Letter of Credit Fee”) with respect to each Facility Letter of Credit that is equal to (i) the LIBOR Applicable Margin in effect from time to time in the case of Financial Letters of Credit, and (ii) the LIBOR Applicable Margin from time to time minus 0.25% in the case of Performance Letters of Credit. The Facility Letter of Credit Fee relating to any Facility Letter of Credit shall be due and payable in arrears in equal installments on the first Business Day of each month following the issuance of any Facility Letter of Credit and, to the extent any such fees are then due and unpaid, on the Maturity Date. The Administrative Agent shall promptly remit such Facility Letter of Credit Fees, when paid, to the other Revolving Lenders in accordance with their Percentages thereof. The Borrower shall not have any liability to any Lender for the failure of the Administrative Agent to promptly deliver funds to any such Lender and shall be deemed to have made all such payments on the date the respective payment is made by the Borrower to the Administrative Agent, provided such payment is received by the time specified in Section 2.13 hereof.

  • Voluntary Termination of Unutilized Commitments (a) Upon at least three Business Days’ prior notice to the Administrative Agent at its Notice Office (which notice the Administrative Agent shall promptly transmit to each of the Lenders), the Borrower shall have the right, at any time or from time to time, without premium or penalty, to terminate or reduce the Total Unutilized Loan Commitment, in whole or in part, in integral multiples of $1,000,000 in the case of partial reductions thereto, provided that each such reduction shall apply proportionately to permanently reduce the Revolving Loan Commitment of each Lender.

  • Termination Reduction or Increase of the Commitments (a) The Company shall have the right, upon at least three Business Days' notice to the Agent, to terminate in whole or reduce ratably in part the unused portions of the respective Commitments of the Lenders, provided that each partial reduction shall be in the aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof and provided further that (x) the aggregate amount of the Commitments of the Lenders shall not be reduced to an amount that is less than the aggregate principal amount of the Competitive Bid Advances then outstanding, and (y) once terminated, a portion of a Commitment shall not be reinstated except pursuant to Section 2.05(c).

  • Increase of the Commitments (a) The Borrower may, from time to time, request by written notice to the Administrative Agent to increase the Commitments by a maximum aggregate amount for all such increases of up to $200,000,000, by designating one or more Lenders or other financial institutions (that will become Lenders), in each case, reasonably acceptable to the Administrative Agent and acceptable to the Swingline Lender and each LC Issuing Bank, in their respective sole discretion, that agree to accept all or a portion of such additional Commitments (each a “Designated Lender”).

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