Compensation Limitations. Agency or Broker-Dealer shall pay cash or non-cash compensation for Product sales: (i) only to any person or entity that is appropriately licensed and appointed to sell Products; (ii) which are accepted by Company; and (iii) if such payment is in accordance with applicable laws, regulations, NASD or other self-regulatory organization rules and Company Rules.
Compensation Limitations. The maximum aggregate number of shares of Common Stock that may be issued to any Eligible Person during the term of this Plan pursuant to Qualifying Options and Qualifying SARs may not exceed the Share Limit. The maximum aggregate number of shares of Common Stock that may be issued to any Eligible Person pursuant to Performance-Based Awards granted during the 162(m) Term (other than cash awards granted pursuant to Section 5.1.6 and Qualifying Options or Qualifying SARs) may not exceed the Share Limit. The maximum amount that may be paid to any Eligible Person pursuant to Performance-Based Awards granted pursuant to Sections 5.1.6 (cash awards) during the 162(m) Term may not exceed $1,000,000.
Compensation Limitations. Agency will not pay or share commissions with any person or entity that is not appropriately licensed and/or appointed to sell Products, if such action would violate any applicable law, rule, or regulation.
Compensation Limitations. Unless otherwise approved in writing by District, Program Manager shall not be entitled to seek or receive payment for any Basic Services or related Reimbursable Expenses that are not performed strictly in accordance with the Staffing Plans or for services that have not been Activated in the manner required by this Agreement. For example and without limitation to the foregoing, Basic Services performed by individuals (1) not listed in the Staffing Plans, (2) performing services in furtherance of tasks or functions other than those assigned to such individual in the Staffing Plans, or (3) whose performance or services have not been Activated, shall be deemed performed at Program Manager’s Own Expense.
Compensation Limitations a. No combination of pay under the provisions of Sections 1, 2 and/or 3 of this section shall exceed 60 percent of a physician’s base monthly salary, calculated twice each month; once for the period of the first through the 15th of the month, and once for the period of the 16th through the end of the month.
Compensation Limitations. In consideration of Rock of Ages' agreements and obligations in this agreement, Missouri Red agrees that it will not pay, directly or indirectly, Oglexxx xx Georxx X. Xxxxxxx, XXI, any salary, bonus, expense reimbursement, or other compensation payment for services rendered of any kind for any purpose without the prior written consent of Rock of Ages.
Compensation Limitations. In any Plan Year in which the ------------------------ Plan is top heavy, the Advisory Committee shall take into account only the first $200,000 (or such larger amount as the Commissioner of Internal Revenue may prescribe) of a Participant's annual Compensation (as defined in Section 1.10) in determining benefits under this Plan. However, the Advisory Committee shall not reduce a Participant's Accrued Benefit at the time this limitation becomes effective under the Plan. For purposes of determining the minimum normal retirement pension under Section 17.01, the Advisory Committee shall calculate a Participant's Average Annual Compensation by taking into account the first $200,000 (or such larger amount as the Commissioner of Internal Revenue may prescribe) of Compensation as defined in Section 3.06(b), by disregarding Plan Years in which the Participant did not earn a Year of Service, and by taking the highest average over five (5) consecutive Plan Years (or a lesser number of consecutive Plan Years specified in Section 1.07).
Compensation Limitations. Company shall not pay compensation to Anwax Xxxxxxx xx Ralpx Xxxxxxx in excess of the amounts permitted to be paid to them under the Senior Note Indenture as amended by the Supplemental Indentures."
Compensation Limitations. Notwithstanding anything in this Agreement to the contrary, I acknowledge that (a) no payment or benefit hereunder will be provided to me if any such payment or benefit violates or would violate any applicable Compensation Limitations (as defined below); (b) Associated may amend this Agreement, including the Exhibits hereto, without my consent, to the extent it determines necessary to comply with any applicable Compensation Limitations; and (c) I will promptly, upon written demand, return to Associated any such amount that I have received from Associated that was in violation or that would violate the Compensation Limitations. “Compensation Limitations” shall mean any compensation limitations that may become applicable to Associated or me pursuant to laws or other rules, regulations or written guidance issues pursuant to the authority of the Federal Reserve Board, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, or other applicable federal or state regulatory agency.
Compensation Limitations. Notwithstanding anything in the Plan to the contrary, (a) no payment or benefit hereunder will be provided to a Grantee if any such payment or benefit would violate any applicable Compensation Limitations and (b) the Board or Committee (as applicable in accordance with Section 15) may amend the Plan or an Award Agreement at any time, without the consent of the Grantee, to the extent it determines necessary to comply with any applicable Compensation Limitations.
