Compensation of the Consultant. The Maximum Compensation to be paid to the Consultant under this Amendment is increased by $5,000,000 for a total maximum compensation of $10,000,000. Execution of this Amendment by the Consultant is duly authorized by the Consultant and the signature(s) of each person signing on behalf of the Consultant have been made with the complete and full authority to commit the Consultant to all terms and conditions of this Amendment. All capitalized terms not defined herein shall have the meaning ascribed to them in the agreement. Except as and to the extent that the terms of the Agreement are amended and modified herein, all terms of the Agreement shall remain in full force and effect.
Compensation of the Consultant. For services rendered by the Consultant and Contractor pursuant to this Agreement the Company will pay the Consultant as follows:
Compensation of the Consultant. 3.1 The Compensation to be paid to the Consultant under this Amendment is $116,000.00. Execution of this Amendment by the Consultant is duly authorized by the Consultant and the signature(s) of each person signing on behalf of the Consultant have been made with the complete and full authority to commit the Consultant to all terms and conditions of this Amendment. All capitalized terms not defined herein shall have the meaning ascribed to them in the agreement. Except as and to the extent that the terms of the Agreement are amended and modified herein, all terms of the Agreement shall remain in full force and effect.
Compensation of the Consultant. 2.1 The Company shall pay the Consultant the following:
Compensation of the Consultant. (a) In connection with the consummation of the Original Transaction, the Company hereby agrees to pay (or procure the payment of) to the Consultant or its designees a cash fee of an amount equal to $452,000 as an investment banking fee, plus all reasonable out-of-pocket expenses incurred by the Consultant and its subsidiaries, affiliates and advisors in rendering services as described herein. Such fees and expenses shall be paid by wire transfer in cash or other immediately available funds to the account(s) designated by the Consultant.
Compensation of the Consultant. (a) In consideration of the services to be rendered as described herein, the Company will pay in cash to the Consultant an annual base management and consulting fee equal to (the difference of (i) $500,000, minus (ii) the amount of the annual consulting fee paid to Xxxxxxx Xxxxxxxxxxx for such year pursuant to that certain Consulting Agreement dated as of the date hereof between the Company and Xxxxxxx Xxxxxxxxxxx, as amended from time to time (such net amount, the “Consulting Fee”), payable in advance in equal quarterly installments on the first day of each calendar quarter (with the first payment pro-rated for the quarter ending September 30, 2014 and payable on the Effective Date). The payment by the Company of the Consulting Fee hereunder is subject to the applicable restrictions contained in the Company’s and its subsidiaries’ debt and equity financing agreements. If any such restrictions prohibit the payment of any installment of the Consulting Fee, such unpaid Consulting Fee installment shall accrue simple interest at a rate of 8% per annum and the Company shall make such installment payment plus accrued interest as soon as it is permitted to do so under such restrictions. If the Company or its subsidiaries acquire or enter into any additional business operations after the date of this Agreement (each, an “Additional Business”), the Board and the Consultant will, prior to the acquisition or prior to entering into the business operations, in good faith, determine whether and to what extent the Consulting Fee should be increased as a result thereof. Any increase will be evidenced by a written supplement to this Agreement signed by the Company and the Consultant.
Compensation of the Consultant. 2.1 As consideration for the provision of the Services by the Consultant, the Company and the Consultant agree to the compensation set out in in Schedule “B” to this Agreement. Unless specifically agreed to in writing by the Company and the Consultant, the Consultant shall not be entitled to any remuneration for performance of the Services except as set out in this Agreement.
Compensation of the Consultant. Daily Fee
Compensation of the Consultant. In consideration of its ------------------------------ services hereunder, the Consultant shall be entitled to receive annual compensation equal to One Dollar ($1.00).
Compensation of the Consultant. 3.1 Section 6.02 Maximum Compensation is hereby amended. The Maximum Compensation to be paid to the Consultant under the Agreement is increased by $750,000 for a total Not to Exceed Amount of $1,750,000.00.
