Compensation, etc. Except as set forth in Schedule 4.23.b, Seller is not subject to, and has no obligation under, any employment, consulting, or collective bargaining contracts, deferred compensation, pension (as defined in Section 3(2) of the Employee Retirement Income Security Act (ERISA), profit-sharing, bonus, stock option, stock appreciation, stock purchase, or other nonqualified benefit or compensation commitments, benefit plans, arrangements, or plans, including any welfare plans (as defined in Section 3(1) of ERISA), fringe benefit arrangements, or multi-employer plans (as defined in Section 3(37)(A) of ERISA) of or pertaining to the present or former employees involved in the Software Business. Seller has complied with all of its obligations under the foregoing in all material respects.
Compensation, etc. Except as set forth in Schedule 2.17(b), the Company is not subject to, and has no obligation under, any employment, consulting, or collective bargaining contracts, deferred compensation, pension (as defined in Section 3(2) of the Employee Retirement Income Security Act (ERISA), profit-sharing, bonus, stock option, stock appreciation, stock purchase, or other nonqualified benefit or compensation commitments, benefit plans, arrangements, or plans, including any welfare plans (as defined in Section 3(1) of ERISA), fringe benefit arrangements, or multi-employer plans (as defined in Section 3(37)(A) of ERISA) pertaining to the Business Employees (collectively, the "Plans"). The Company has never had any Plans.
Compensation, etc. Hire new employees, grant any salary or wage increase, grant new equity-related awards or severance or termination payments or increase any employee benefit, including incentive or bonus payments (or, with respect to any of the preceding, communicate any intention to take such action), except (1) to make changes that are required by applicable law, (2) to satisfy Previously Disclosed contractual obligations existing as of the date hereof, or (3) for hiring of employees or salary increases and normal adjustments in bonuses and incentive compensation in each case (A) in the ordinary course of business, (B) in accordance with past practice and (C) to the extent such adjustment does not impact any person receiving or entitled to receive in excess of $100,000 per year.
Compensation, etc. The Borrower hereby agrees to compensate each ------------------ Lender for making a Deposit by paying such Lender compensation on the outstanding principal amount of such Lender's Deposit from the date of such Deposit until the date (the "Release Date") such Deposit shall be transferred to ------------ the Borrower's Depositary Account in accordance with Section 2.13(d) or withdrawn by such Lender in accordance with Section 2.13(e), at a rate per annum equal at all times to the Special Funding Rate for such Lender in effect from time to time (net of earnings, if any, on such Deposit payable by the Depositary), such compensation to be payable on the Expected Funding Date and on the Release Date. The costs and expenses of opening and maintaining the Pre- Funding Deposit Accounts are for the account of the Borrower.
Compensation, etc. (a) As full and complete compensation for any and all services which the Consultant may render hereunder, H&E shall pay Consultant the sum of $150,000.00 per annum. Consultant shall be responsible for all federal and state taxes and other payments as required by applicable law. The fee shall be paid in equal portions to Consultant bi-weekly.
Compensation, etc. 8.1. Annex 1 describes the conditions for salary, bonuses etc.
Compensation, etc. In any and all claims against Lessee, by -------------------------- or on behalf of any employee of Operator or any Subcontractor, or any other party for whose acts Operator or any Subcontractor may be liable, the indemnification obligation stated above shall not be limited in any way by any compensation or benefits payable by or for Operator under any applicable workers' compensation act, disability act or other act providing employee benefits or limiting the direct liability of Operator with respect to the same.
Compensation, etc. (1) As full and complete compensation for any and all services which the Consultant may render hereunder, Head & Xxxxxxxx shall pay Consultant the sum of Three Million and No/100 ($3,000,000.00) Dollars, to be paid in $25,000.00 increments on a monthly basis, with the first $25,000.00 payment being made on or before July 1, 1999, and each payment thereafter due and payable on or before the first day of the month, until paid. Head & Xxxxxxxx will reimburse the Consultant for all reasonable and actual out-of-pocket expenses incurred by him in the performance of his duties hereunder upon presentation of appropriate documentation therefor in accordance with Head & Xxxxxxxx'x policies then in effect with respect to such matters.
Compensation, etc. (a) During the portion of the Employment Period from the Effective Date through the 2010 AGM Date, the terms of the Original Employment Agreement shall continue in full force and effect in accordance with the original terms thereof except as expressly set forth herein.
Compensation, etc. (a) Subject to the terms of this Agreement, as compensation for his services hereunder, there shall be paid to the Executive so long as he shall be employed hereunder a salary at the annual rate of $208,000 ("Base Salary"), payable in substantially equal monthly amounts. Such Base Salary shall be reviewed by the Corporation on approximately an annual basis and subject to annual adjustment in the Corporation's discretion, but in no event shall the Base Salary be less than the Base Salary in effect for the immediate prior calendar year.
