COMPENSATION A. Basic Definition For Plan Years beginning on or after January 1, 1989, the following definition of Compensation shall apply: As elected by the Employer in the Adoption Agreement (and if no election is made, W-2 wages will be deemed to have been selected), Compensation shall mean one of the following:
1. W-2 wages. Compensation is defined as information required to be reported under Sections 6041 and 6051, and 6052 of the Code (Wages, tips and other compensation as reported on Form W-2). Compensation is defined as wages within the meaning of Section 3401(a) of the Code and all other payments of compensation to an Employee by the Employer (in the course of the Employer's trade or business) for which the Employer is required to furnish the Employee a written statement under Sections 6041(d) and 6051(a)(3), and 6052 of the Code. Compensation must be determined without regard to any rules under Section 3401(a) that limit the remuneration included in wages based on the nature or location of the employment or the services performed (such as the exception for agricultural labor in Section 3401(a)(2)).
2. Section 3401(a) wages. Compensation is defined as wages within the meaning of Section 3401(a) of the Code, for the purposes of income tax withholding at the source but determined without regard to any rules that limit the remuneration included in wages based on the nature or location of the employment or the services performed (such as the exception for agricultural labor in Section 3401(a)(2)).
3. 415 safe-harbor compensation. Compensation is defined as wages, salaries, and fees for professional services and other amounts received (without regard to whether or not an amount is paid in cash) for personal services actually rendered in the course of employment with the Employer maintaining the Plan to the extent that the amounts are includible in gross income (including, but not limited to, commissions paid salesmen, compensation for services on the basis of a percentage of profits, commissions on insurance premiums, tips, bonuses, fringe benefits, and reimbursements or other expense allowances under a nonaccountable plan (as described in 1.62-2(c)), and excluding the following:
a. Employer contributions to a plan of deferred compensation which are not includible in the Employee's gross income for the taxable year in which contributed, or employer contributions under a simplified employee pension plan to the extent such contributions are deductible by the Employee, ...
COMPENSATION A. CONTRACT AMOUNT, is revised to read as follows: In consideration for the services to be performed under this contract, WorkQuest and the Performing Party shall be paid an amount not-to-exceed $1,035.40, monthly and $12,424.80, annually for all fees and expenses for the first renewal period.
COMPENSATION A. In consideration for the licenses granted hereunder, Intellectual Property Law Co. agrees to pay to Celebrity DC Patent Lawyer the royalty recited in Schedule A (the Royalty) based on Intellectual Property Law Co.’s Net Sales of Product.
B. The Royalty owed Celebrity DC Patent Lawyer shall be calculated on a quarterly calendar basis (“Royalty Period”) and shall be payable no later than [number] days after the termination of the preceding full calendar quarter, i.e., commencing on the first (1st) day of January, April, July, and October, except that the first and last calendar quarters may be “short” depending on the effective date of this Agreement.
C. For each Royalty Period, Intellectual Property Law Co. shall provide Celebrity DC Patent Lawyer with a written royalty statement in a form acceptable to Celebrity DC Patent Lawyer.
COMPENSATION A. Basic Definition For Plan Years beginning on or after January 1, 1989, the following definition of Compensation shall apply: As elected by the Employer in the Adoption Agreement (and if no election is made, W2 wages will be deemed to have been selected), Compensation shall mean one of the following:
COMPENSATION A. Teachers shall be paid the salaries indicated on Schedule A which is attached hereto and made a part hereof. Pay Dates The Board shall issue warrants on the fifteenth (15th) of each month. If the fifteenth of a month should fall on a Saturday, Sunday or during a school holiday break, teachers shall be paid on the last working day prior to the fifteenth. The warrants for July and August will be distributed by June 30. Compensation for extra duty and extracurricular assignments shall be made in accordance with Schedule B, which is attached hereto and made a part hereof. When total compensation to a teacher for extra duty/extracurricular assignment(s) exceeds one thousand dollars ($1,000), it shall be paid monthly; when such total compensation is one thousand dollars ($1,000) or less, it shall be paid at the end of each semester; provided, when less than one-half of the services to be rendered have been provided by the end of the first semester, compensation shall be paid at the end of the second semester. Teachers who have received and accumulated seventy (70) or more sick leave days as employees of the Board and who qualify shall receive an attendance incentive payable by June 15th in accordance with Schedule I of C, which is attached hereto and made a part hereof. Teachers who have accrued less than (70) sick leave days and who qualify shall receive the attendance incentive defined in Schedule II of Schedule C, which is attached and made a part hereof.
COMPENSATION A. In consideration for the licenses granted hereunder, LICENSEE agrees to pay to Firefly Consumer Products, Inc. , during the Term of this Agreement, a royalty in the amount recited in Schedule A attached hereto (the "Royalty") based on LICENSEE's Net Sales of Licensed Products.
COMPENSATION A. The Manager or its subsidiary or affiliate who performed the Service will be entitled to renewal rights relative to ASI's private passenger auto book of business plus payment equal to the difference between .95 X earned premium for the period during which this agreement is in force and the fully developed Accident Year Loss & ALAE amount as recorded on ASI's books for that same period plus 100% of ULAE for personal auto lines business as reserved on the Company's books at the original effective date of this agreement. ·
COMPENSATION A. Lead Mentors who successfully complete all job responsibilities and provide professional development will receive an annual differential of $3,000.00 for their services in recognition of their additional responsibilities and time worked beyond the professional day and year.
COMPENSATION A. Should the share price of ADRN trade at or above $4.00 for twenty (20) consecutive days beginning on the trading date after the date of closing of ADRN's announced merger with McGlen Micro, Inc. REDSTONE shall fully vest in ADRN options in the following manor: 150,000 ADRN options @ 2 1/2 150,000 ADRN options @ 3 100,000 ADRN options @ 4 100,000 ADRN options @ 5
B. In Addition to 4 (A) above, if REDSTONE is directly the procuring cause of raising capital for ADRN, then ADRN agrees to pay to REDSTONE the maximum percentage allowed by the NASD of such capital.
C. It is understood by REDSTONE that ESCALADE INVESTORS has priority registration of stock associated with their most recent financing of ADRN. To that end, REDSTONE shall have piggyback registration rights to the next registration permitted thereunder.
COMPENSATION A. CONTRACT AMOUNT, is revised to read as follows: “The total contract amount for the period of September 1, 2018, through August 31, 2019, is not to exceed