Compensation; Payment Terms Sample Clauses

Compensation; Payment Terms. PuriCore will pay Inventor in accordance with the terms set forth on Exhibit B, attached hereto and fully incorporated by reference. PuriCore and Inventor acknowledge that, in exchange for mutually valuable consideration, PuriCore has previously paid a registration fee in the amount of [*] to the Vitold Bakhir Electrochemical Systems and Technologies. Neither Inventor nor any Inventor employee shall receive any royalty or other remuneration on the production or distribution of any products developed by PuriCore in connection with or based upon the Services. Inventor shall submit a monthly invoice in the amount of [*] detailing time spent on the Services to PuriCore in connection with each individual Work Order Services Form. PuriCore shall make payment to Inventor within thirty (30) days after the date on which PuriCore receives Inventor’s invoice.

Compensation; Payment Terms. 1 . (a) DPS shall pay to Cadbury a fee for each Service that is provided to DPS and its Affiliates hereunder (collectively, the “Incoming Service Fee”) and Cadbury shall pay to DPS a fee for each Service that is provided to Cadbury and its Affiliates hereunder (collectively, the “Outgoing Service Fee”). The costs for each Service (the “Costs”) shall be the actual direct cost incurred by the Providing Party in performing such Service, calculated as set forth on Schedule C, which shall include a reasonable allocation for overhead salary, wages, benefits, taxes and other expenses attributable thereto (but shall exclude, for the avoidance of doubt, any overhead expenses for branding, marketing and other similar expenses) and without any markup for profit, calculated in a manner consistent with past custom and practice of the Providing Party with respect to such Service (or Cadbury Schweppes SBS, Inc. in the case of the Services which were not historically provided by the Providing Party); provided, however, that such Costs shall be adjusted to reflect any termination or expiration of any Transition Service pursuant to Article 3 of this Agreement.

Compensation; Payment Terms. (a) As compensation to RTF for the services performed under this Agreement, CHABOT shall (i) pay RTF $85,000 which includes administrative costs. For the purpose of this Section 4(a), “Administrative Costs” shall mean any cost, direct or indirect, that supports the implementation of the contracted services. Direct costs typically include salary costs related to preparing workshop curriculum and materials and monitoring activities. Indirect costs typically include expenses for general administration of the Program (personnel, payroll, accounting, procurement, data processing, etc.). (b) RTF shall provide to CHABOT monthly invoices in the amount of (i) Days/dates of service (ii) Description of services rendered (iii) Any additional data required by CHABOT

Compensation; Payment Terms. If hourly work is required SFA will bill as per the following scheduled rates: Advisor at $295. Manager at $125, Administrative at $75 per hour.

Compensation; Payment Terms. In consideration for the granting of the License to Licensee in accordance with the terms and conditions set forth herein, Licensee hereby agrees to the following compensation: (a) on the Effective Date, Licensee shall grant Licensor a credit to its capital account related to the License as provided in the Contribution Agreement and the LLC Agreement; (b) on the Effective Date, Licensee shall grant Licensor a Member Interest equal to a Percentage Interest (as such terms are defined in the LLC Agreement) of fifty percent (50%); (c) on each Royalty Payment Date, Licensee shall pay to Licensor the required Royalty Payment with the respect to sales of Non-Prescription Oxygen Products; provided, however, that should the Royalty Payments due and payable on the initial Royalty Payment Date be less than One Thousand Dollars ($1,000.00) such Royalty Payment may be deferred until the next succeeding Royalty Payment Date; (d) on each Indevus Royalty Payment Date, Licensee shall pay to Licensor an amount equal to the Indevus Royalty Payment estimated to be payable for the next succeeding fiscal based on estimated sales of Licensed Products that include or use the Hydron Polymer or as otherwise are required to be paid under the Valera Agreement; and (e) on the first Business Day of each month, Licensee shall pay Licensor or on behalf of Licensor any and all Pass-Through Payments required in connection with Licensed Products manufactured or sold by Licensee in the prior month.

Compensation; Payment Terms. 5.1 In consideration for the Services, Borealis commits to pay to Consultant a Commission as set forth in Schedule “B”, attached hereto and incorporated herein by reference. 5.2 The Commission on a given Transaction shall be due only after payment from a Customer has been received cleared the account of Borealis Foods or its affiliated entities. 5.3 Borealis Foods shall have the absolute right to set forth cash discounts, to make such allowances and adjustments to accept such returns from its Customers, and to write off as bad debts such overdue Customer accounts as it deems advisable. In each such case Borealis Foods shall charge back to Consultant’s account any amounts previously paid or credited to it with respect to such cash discounts, allowances, adjustments, return or bad debts. However, Borealis Foods agrees that the amount of any cash discount provided to a Customer and charged back to Consultant shall not exceed of the sales price. 5.4 Consultant shall provide an invoice to Borealis Foods detailing the Commission. Borealis Foods shall pay the Consultant’s invoices within [*****] days from the date of an undisputed invoice. 5.5 Consultant shall be responsible for all of Consultant’s expenses in rendering the Services. Borealis Foods may, from time to time, agree to pay for certain Consultant expenses but only if pre-approved in writing by Borealis Foods.

Compensation; Payment Terms. (a) In addition to, and not in lieu of, any and all compensation and benefit arrangements currently existing or hereinafter entered into between the Company and the Employee, on January 1, 2001 (the "Delivery Date"), the Company shall issue the Employee an aggregate amount of 50,000 shares of Common Stock (the "Shares"), of the Company; provided, however, that the Shares shall only be issued to the Employee on the terms hereof after the completion of the Private Equity Transaction. In the event that the Private Equity Transaction is not completed for any reason by the Delivery Date, this Agreement shall terminate and the Company shall have no obligations hereunder. If the Employee's period of employment is terminated for any reason, the Employee shall be entitled to have the Company issue the Shares to the Employee or the Employee's designated beneficiary(ies) in the same manner as set forth above. (b) Nothing contained herein shall be deemed to exclude the Employee from any base or supplemental compensation, bonus, pension, insurance, severance pay or other benefit to which he otherwise might be or might become entitled as an employee of the Company. The deferred compensation payable under this Agreement shall not be deemed salary or other compensation to the Employee for the purpose of computing benefits to which he may be entitled under any employment, pension, retirement, stock option or other agreement, benefit plan or arrangement of the Company for the benefit of the Employee or the Company's employees.

Compensation; Payment Terms i. Subject to the terms of any Material Storage Schedule, Emergent agrees to pay, and Talecris agrees to accept payment, for all Services properly rendered during the term of this Addendum. Payment and prices shall be as set forth on the applicable Material Storage Schedule. Talecris shall be solely responsible for its expenses related to this Addendum unless otherwise expressly agreed by Emergent in writing. Such expenses are not to exceed $175 per pallet per month without the express written preapproval of Emergent, which will not be unreasonably withheld. Notwithstanding the foregoing, Emergent shall be responsible for any reasonable expenses necessarily incurred by Talecris in connection with preservation, relocation or transfer of Materials as described in Paragraph 1) b) iv) above. ii. Emergent shall pay all undisputed amounts to Talecris net-thirty (30) days from the date of an invoice showing in reasonable detail the basis for such invoice, and the amount currently due, as set forth herein. All invoices shall be submitted in writing to Emergent as follows:

Compensation; Payment Terms. Licensee agrees to pay to FIU as compensation for the Equipment the amount of $ (the “License Fee”) each month in advance on the first (1st) day of each month. Payments should be sent to the above address, or any other address so designated by FIU. All checks should be made payable to: Florida International University. If the Term does not start on the first day of the month or end on the last day of a month, the License Fee shall be prorated accordingly. The Fee, and any other fees, taxes and costs due and payable by Licensee to FIU under this Agreement shall bear interest from the tenth (10th) day of the date due, and Licensee until paid at the lesser of (i) twelve (12%) percent per annum or (ii) the maximum interest rate per annum allowed by law. Licensee is responsible for paying all taxes, credit card fees, royalties, debit card fees or other fees associated with the License. Licensee shall also pay when due all taxes, if any, levied or assessed against FIU by reason of this Agreement or Licensee’s use of the Equipment (other than FIU’s income taxes).

Compensation; Payment Terms. Insurance; Taxes shall be deleted in its entirety and replaced with the following: