Compensation; Payment of Expenses. Members of the Commission shall serve with- out compensation as such. The Secretary is au- thorized to pay the expenses reasonably in- curred by the Commission in carrying out its re- sponsibilities under this subchapter upon pres- entation of vouchers signed by the Chairman. (Pub. L. 93–431, § 4, Oct. 1, 1974, 88 Stat. 1185.)
Compensation; Payment of Expenses. 1. In consideration for the services rendered herein, the Company agrees to pay to the Rights Agent such compensation as shall be agreed in writing between the Company and the Rights Agent for all services rendered by it hereunder and, from time to time, on demand of the Rights Agent, its reasonable out-of-pocket expenses and counsel fees and other reasonable disbursements incurred in the administration and execution of this Agreement and the exercise and performance of its duties hereunder.
Compensation; Payment of Expenses. (a) The Company hereby agrees to pay to the Broker-Dealer a fee (the "Sales Fee") in an amount equal to 8.0% of the principal amount of each Note sold by the Company during the Offering Period to a Purchaser who has executed a Subscription Agreement furnished to it by or on behalf of the Broker-Dealer or who has otherwise been identified to the Company by or on behalf of the Broker-Dealer (each, an "Identified Purchaser"). The Sales Fee with respect to any Note shall be payable to the Broker-Dealer within five (5) days after the date such Note is sold to an Identified Purchaser. Payment by the Company of the Sales Fee shall be made via wire transfer in same day funds to an account previously designated by the Broker-Dealer, or as otherwise agreed by the Broker-Dealer and the Company. For purposes of this Section 4(a), a "
Compensation; Payment of Expenses. (a) The Acquisition Group jointly and severally agree to pay to CD&R, concurrent with the execution of this Agreement, as compensation for the Acquisition Services, a fee of $2,950,000.
Compensation; Payment of Expenses. (a) MCM agrees to pay to CD&R, as compensation for services rendered and to be rendered by CD&R hereunder, on behalf of all members of the Company Group, a fee of $150,000 per year (the "Fee"), payable in installments of $12,500 in arrears on the last business day of each month, commencing on September 1, 1996. The Fee may, in the sole discretion of a majority of the members of MCM's Board of Directors who are not affiliated with CD&R, be increased but may not be decreased without the prior written consent of CD&R. If any employee of CD&R shall be elected to serve on the Board of Directors or as an officer of any member of the Company Group or any Subsidiary thereof (a "Designated Director"), in consideration of the Fee being paid to CD&R, CD&R shall cause such Designated Director to waive any and all fees to which such Designated Director would otherwise be entitled as a director or officer for any period for which the Fee or any installment thereof is paid.
Compensation; Payment of Expenses. (a) The Company agrees to pay to CD&R, immediately upon the consummation of the Initial Closing, pursuant to the Stock Purchase Agreement, a fee of $6 million plus reasonable fees and expenses.
Compensation; Payment of Expenses. (a) In consideration of the Placement Agent’s services hereunder, the Company agrees to pay to the Placement Agent a fee in an amount equal to four percent (4.00%) of the aggregate offering price of the Securities to investors other than the HBI Private Equity Fund I, L.P., or affiliated entities, and three percent (3.00%) for such a placement. Such fee shall be paid by the Company to the Placement Agent in immediately available funds on the Closing Date. The Company shall have no obligation to pay any fees with respect to any placement of Securities which is not completed. The Placement Agent shall be responsible for all fees payable to any Approved Agent.
Compensation; Payment of Expenses. (a) The Company agrees to pay to CD&R, as compensation for services rendered and to be rendered under this Agreement pursuant to Section 2 hereof by CD&R hereunder, a fee of $500,000 per year (the "Continuing Services Fee"), one quarter of which shall be payable quarterly in advance on the first day of each of January, April, July and October commencing on January 1, 2003. CD&R acknowledges that the Continuing Services Fee payable by the Company to CD&R for the quarterly period commencing January 1, 2003 has been paid by the Company in full. Such Continuing Services Fee may be increased with the approval of a majority of the members of the Company's Board of Directors who are not employees of Holding, the Company, CD&R or any affiliate of CD&R (the "Disinterested Directors") but may not be decreased without the prior written consent of CD&R. If any employee of CD&R shall be elected to serve on the Board of Directors of Holding or the Company or any of their affiliates (a "Designated Director"), in consideration of the Continuing Services Fee being paid to CD&R, CD&R shall cause such Designated Director to waive any and all fees to which such director would otherwise be entitled as a director for any period for which the Continuing Services Fee or any installment thereof is paid.
Compensation; Payment of Expenses. In consideration for the services rendered herein, the Company shall compensate the Rights Agent in accordance with and pursuant to the written fee schedule agreed between the Company and the Rights Agent, plus the Rights Agent’s reasonable and necessary disbursements, charges, out-of-pocket expenses and counsel fees and expenses incurred in connection with the preparation and execution of this Agreement and the services rendered by the Rights Agent hereunder. Except to the extent expressly set forth in this Agreement, no provision of this Agreement shall require the Rights Agent to expend or risk the Rights Agent’s own funds or otherwise incur any financial liability in the performance of any of the Rights Agent’s duties hereunder or in the exercise of the Rights Agent’s rights if there shall be reasonable grounds for believing that repayment of such funds or adequate indemnification against such risk or liability is not reasonably assured to it.
Compensation; Payment of Expenses. (a) The Company and TTC --------------------------------- jointly and severally agree to pay to CD&R, concurrent with the execution of this Agreement, as compensation for the Merger Services, a fee of $9,200,000.
