Compensation and Reimbursements. No compensation shall be paid to any officer of the Company for the performance of services in such capacity, nor shall any such officer be reimbursed for any expenses except as otherwise provided in writing.
Compensation and Reimbursements. While this Agreement is in effect:
Compensation and Reimbursements. For the services provided hereunder, each Fund agrees to pay BNY such compensation as is mutually agreed from time to time and such out-of-pocket expenses (e.g., telecommunication charges, postage and delivery charges, record retention costs, reproduction charges and transportation and lodging costs) as are incurred by BNY in performing its duties hereunder. Except as hereinafter set forth, compensation shall be calculated and accrued daily and paid monthly. Each Fund authorizes BNY to debit such Fund’s custody account for all amounts due and payable hereunder. BNY shall deliver to each Fund invoices for services rendered after debiting such Fund’s custody account with an indication that payment has been made. Upon termination of this Agreement before the end of any month, the compensation for such part of a month shall be prorated according to the proportion which such period bears to the full monthly period and shall be payable upon the effective date of termination of this Agreement. For the purpose of determining compensation payable to BNY, each Fund’s net asset value shall be computed at the times and in the manner specified in the Fund’s Prospectus.
Compensation and Reimbursements. The Corporation agrees:
(a) to pay to the Collateral Agent from time to time reasonable compensation for all services rendered by it hereunder (which compensation shall not be limited by any provision of law with regard to the compensation of a trustee of an express trust),
(b) except as otherwise expressly provided herein, to reimburse the Collateral Agent and any predecessor Collateral Agent upon its request for all reasonable expenses, disbursements and advances incurred or made by the Collateral Agent in accordance with any provision of this Agreement (including the reasonable compensation and the expenses and disbursements of its agents and counsel), except any such expense, disbursement or advance as may be attributable to its negligence or bad faith; and
(c) to indemnify the Collateral Agent and any predecessor Collateral Agent for, and to hold it harmless against, any loss, liability or expense incurred without negligence or bad faith on its part, arising out of or in connection with the acceptance or administration of this Agreement and its duties hereunder, including the costs and expenses of defending itself against or investigating any claim of liability in connection with the exercise or performance of any of its powers or duties hereunder. The obligations of the Corporation under this Section to compensate and indemnify the Collateral Agent and any predecessor Collateral Agent and to pay or reimburse the Collateral Agent and any predecessor Collateral Agent for expenses, disbursements and advances shall constitute additional indebtedness hereunder and shall survive the resignation or removal of such Collateral Agent or predecessor Collateral Agent or the termination hereof or of any Purchase Contract. Such additional indebtedness shall be a senior claim to that of the Units upon all property and funds held or collected by the Collateral Agent as such, except funds held in trust for the benefit of the Holders of Units, and the Units are hereby subordinated to such senior claim.
Compensation and Reimbursements. (a) For the services described above, Bond Counsel shall be paid a flat fee of $25,000. In addition to such fee for services, the County shall pay Bond Counsel a flat amount of $1,500 to cover costs and expenses (direct and indirect) incurred in connection with the services rendered pursuant hereto, including (without limitation) filing, document reproduction and delivery, travel, long distance telephone, telecopy, word processing, computer research, secretarial overtime, final transcripts and other similar expenses.
(b) Bond Counsel’s fees and payment for expenses shall be payable by the County at or after issuance of the Notes. Payment of all fees and expenses hereunder shall be made from proceeds of the Notes and shall be contingent upon execution and delivery of the Notes, so long as any failure of the Notes to be issued is for reasons beyond the control of the County.
(c) Bond Counsel’s fees are based, in part, upon the assumption that the structure of the financing will conform to the description in the recitals to this Agreement, the scope of services will conform to the description thereof contained in Section 1 of this Agreement, the transaction will not have an extraordinary amount of problems or issues, Bond Counsel will be required to attend no more than the usual number of meetings and conference calls, Bond Counsel will not be required to generate an inordinate number of drafts of the documents for which it is responsible, the structure of the transaction will not materially change (particularly after preparation of the Major Legal Documents has commenced), and the Notes will be issued not later than four months from the date the drafting of the Major Legal Documents has commenced. If any part of this assumption is incorrect, or if any unusual or unforeseen circumstances arise, and occasions substantial additional work or responsibility on the part of Bond Counsel, Bond Counsel will be entitled to seek additional compensation in such amount as the County and Bond Counsel shall mutually agree to be appropriate.
Compensation and Reimbursements. A. SALARY SCHEDULE
1. Regular Salary Schedule The salary and index of each full-time bargaining unit member covered by this Agreement is calculated according to Appendices which are attached hereto and made a part hereof. Each part-time bargaining unit member shall receive a prorated salary calculated according to Appendix "A" and the number of hours worked.
2. Supplemental Salary Schedule Bargaining unit members contracted for supplemental positions shall be paid according to the indices in Appendix "B".
3. For the 2022-2023, 2023-2024, and 2024-2025 school years, there shall be a 3.0% increase on the base salary for each school year of this contract with the included step amounts as stated. The Board shall honor all step movement on the salary schedule.
B. SALARY SCHEDULE PLACEMENT
1. Degree and Hours
a. Certificated staff shall be placed on the salary schedule according to the highest degree which they have attained plus the number of semester hours (graduate or undergraduate).
b. All credit for additional training must be presented to the Superintendent for consideration as soon as possible after it is attained. Credit for additional training will be granted at the beginning of each semester, providing that certified hours or similar proof thereof in the form of a grade sheet or a letter of verification of completion from the professor are submitted by September 30 and January 30.
c. Upon initial employment, support staff employees shall be granted up to ten (10) years of experience for public or private school when being placed on the salary schedule.
d. A support staff employee who changes classification shall be placed on the salary schedule at the same step as that held in the previous classification. The employee shall be credited with all years of service.
Compensation and Reimbursements. Directors will not, in their capacities as such, be entitled to any compensation or fees from the Company, but will be entitled to reimbursement from the Company for reasonable documented out-of-pocket expenses incurred in connection with performing their duties as Directors and the benefits of the indemnification provisions set forth in Section 6.5 (but only to the extent approved by a Supermajority of the Board pursuant to Section 6.5(c)). Such expenses shall be Operating Expenses of the Company.
Compensation and Reimbursements. The General Partner shall not receive from the Partnership any compensation for managing the affairs of the Partnership; provided that the General Partner shall be reimbursed by the Partnership for all out-of-pocket costs and expenses that the General Partner incurs or payments it makes on behalf of the Partnership.
Compensation and Reimbursements a. The Employer will pay the Employee $ per week, not including overtime. The Employer will pay the Employee $ per hour.
b. The Employer will pay the Employee at the overtime rate for all hours over 40 worked in a week. The overtime rate of pay is $ per hour (1½ times the regular hourly rate).
c. The Employer will reimburse all expenses incurred by the Employee in the course of employment. Any miles driven on the Employee’s car while on the job will be reimbursed at the IRS Mileage Reimbursement Rate.
d. All travel on which the Employee is asked to accompany the Employer must be mutually agreed upon and shall be compensated at an additional rate to be negotiated. The Employee shall be provided her own accommodations for the trip.
e. The Employer will pay the employee’s wages at the end of each:
f. Both the Employer and Employee shall have a signed record of each payment of wages.
Compensation and Reimbursements. Members of the Governing Board may not receive a salary for their service on the Board. However, a member may be reimbursed for travel or other expenses from performing school business as stated in the New Mexico Mileage and Per Diem Act.
