Compensation for Services. You may be eligible to receive compensation for providing certain services in respect of Shares of the Funds if you meet the requirements of and enter into a Dealer Services Agreement with American Funds Service Company.
Compensation for Services. As compensation for all services the Executive will perform under this Agreement, the Company will pay the Executive, and the Executive shall accept as full compensation, the following:
Compensation for Services. The Company agrees to pay to the Agent compensation for its services hereunder in accordance with its Fee Schedule to act as Agent attached hereto as Exhibit A. The Company further agrees that it will reimburse the Agent for its reasonable out-of-pocket expenses incurred in the performance of its duties as such.
Compensation for Services. The Fund will pay the Administrator a fee as described in Schedule A hereto for the services provided pursuant to this agreement.
Compensation for Services. The Fund agrees to pay to the Agent compensation for its services hereunder in accordance with its Fee Schedule to act as Agent attached hereto as Exhibit A. The Fund further agrees that it will reimburse the Agent for its reasonable out-of-pocket expenses incurred in the performance of its duties as such within thirty (30) days of receipt of invoices confirming the incurrence of such expenses.
Compensation for Services. 2.1 Amount. Contractor will invoice the following amounts for Work that the JBE has accepted:
a. A fixed hourly rate for both a senior resource (greater than 10 years of relevant work experience) and a less-senior resource (greater than 3 but less than 10 years of relevant work experience) for all Classification and corresponding Regions, as discussed between the parties and ultimately determined by the JBE, listed in Exhibit 2, Pricing, to Appendix B. The fixed hourly rate is a standard rate regardless of full-time continuous or part-time ad hoc assignment, whether on-site or remote, inclusive of travel to the assigned office at the JBE. Resources time may be billed at a rate lower than published in this Agreement if appropriate for the specific resource but must not exceed the fixed hourly rate.
b. The rates in Exhibit 2, to Appendix B are maximum hourly rates for the Initial Term of the Agreement. Contractor may charge lower rates when responding to a Request for Offer (“RFO”).
c. Billing must be for actual time worked, to the nearest half hour increment.
d. The JBE’s do not pay higher rate for overtime, weekend, or holiday work, The JBE’s does not anticipate reimbursing Contractor for any travel, living or any other ancillary charges incurred by Contractor’s consultants as part of the Work. Nonetheless, if the JBE, in its sole and absolute discretion, authorizes such payment during the Term of the Agreement, it shall be subject to the JBE’s then current travel, living, or other applicable policies and/or guidelines.
e. All hourly rates shall remain firm fixed for the full duration of the three
Compensation for Services. In full consideration of Xxxxxxxx’x complete, prompt and faithful performance of the Services as determined by Company, the Company shall pay Xxxxxxxx the consulting fee as described in Exhibit A (the “Consulting Fee”). Xxxxxxxx shall invoice the Company for Services rendered on a monthly calendar basis, and such invoice will be paid by Company within thirty (30) calendar days of receipt. Upon termination of this Agreement pursuant to Section 3, no compensation or benefits of any kind including as described in this Section 2 shall be owed by Company or payable or issuable by it to Xxxxxxxx after the effective date of such termination, except that Company shall be responsible for paying as required herein for any Services properly performed by Xxxxxxxx prior to the effective date of termination of the Agreement. In addition, the Company shall reimburse Xxxxxxxx for actual and reasonable out-of-pocket business expenses, including but not limited to travel and parking, incurred by Xxxxxxxx in performing the Services hereunder, upon submission by Xxxxxxxx of supporting documentation reasonably acceptable to the Company, noting specifically that any airfare incurred as part of the Services shall be only by economy class unless approved in writing in advance by the Company. Furthermore, any such accrued expenses in any given three (3) month period that exceed $1,000 shall be submitted to the Company for its prior written approval. All Xxxxxxxx invoices and billing matters shall be addressed to: Company Accounts Payable Contact: Xxxx Xxxxxx Chief Accounting Officer xxxxxxx@xxxxxxxxxxx.xxx (000) 000-0000 0000 Xxxxxxx Xxxxxx, Xxxxxxx, XX 00000 All Company payments and billing inquiries shall be addressed to: Xxxxxxxx Accounting: Xxxxx Xxxxx xxxxxx@xxxxxxxxxxxxxxxx.xxx (000) 000-0000 Xxxxxxxx Advisors XX Xxx 000 Xxxxxxxxxxxx, XX 00000
Compensation for Services. In consideration for the services rendered to the Employer, the Executive shall be compensated as follows:
Compensation for Services. (a) Each Recipient shall pay the applicable Provider for the Services in accordance with the fee schedule set forth on an applicable Schedule A.
(b) Unless otherwise specified on a Schedule A, such fees shall be paid by each Recipient on the last business day of each calendar month immediately following the month in which an invoice for such fees is received by the Recipient. Such invoice must comply with all applicable tax requirements and separately describe the amount for fees, expenses and value added tax, if any. Failure to provide an invoice for fees for any given month shall not be deemed a waiver of such fees and such fees may be included, without prejudice, in a later invoice delivered to the Recipient.
(c) If not specified on the applicable Schedule A, the fees payable for a specific Service shall be equal to the actual costs of the Provider in providing such Service, including a reasonable and good faith allocation of overhead expenses of such Provider. Upon request of the Recipient, the Provider shall deliver to Recipient such reasonable information and supporting documentation with respect to such overhead allocation. If an estimate of costs is given in respect of Services to be provided in exchange for costs or costs plus overhead expenses, then, without the prior consent of the Recipient, the actual fees for such Services shall not exceed such estimate by more than 20%.
(d) Unless otherwise specified on a Schedule A, a Recipient shall reimburse the applicable Provider for third-party, out-of-pocket, incidental travel, lodging and food expenses incurred by Provider in accordance with such Provider’s customary travel policy, within thirty (30) days of receipt of an invoice from such Provider for such incidental expenses accompanied by such additional documentation reasonably required by the Recipient to verify the amount of the expense and that such expense was incurred in connection with providing the Services.
(e) All amounts payable by a Recipient to a Provider shall be paid by wire transfer in accordance with the wire transfer instructions provided by Provider to Recipient from time to time.
(f) To the extent that, pursuant to more than one Schedule A in effect from time to time, both Parties (or their affiliates) are performing Services hereunder during the same period, a Party may offset against payments for Services due by it or its affiliates, amounts due to it from the other Party or its affiliates during the same period. It is the in...
Compensation for Services. In payment for the investment advisory and management services to be rendered by Adviser hereunder, each Fund shall pay to Adviser a monthly fee, which fee shall be paid to Adviser not later than the fifth business day of the month following the month in which said services were rendered. The monthly fee payable by each Fund shall be as set forth in Exhibit A hereto, which may be updated from time to time to reflect amendments, if any, to Exhibit A. The monthly fee payable by each Fund shall be based on the average of the net asset values of all of the issued and outstanding shares of the Fund as determined as of the close of each business day of the month pursuant to the Articles of Incorporation, Bylaws, and currently effective Prospectus and Statement of Additional Information of the Company and the Fund. For purposes of calculating each Fund's average daily net assets, as such term is used in this Agreement, each Fund's net assets shall equal its total assets minus (a) its total liabilities and (b) its net orders receivable from dealers.
