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. Insurance; Taxes shall be deleted in its entirety and replaced with the following:
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, the Company shall pay the Employee an aggregate amount of $5,000,000 in ten annual installment payments of $500,000 each commencing on the later of (i) January 1, 2001 or (ii) the date of his retirement or termination (whether by resignation of the Employee or discharge by the Company) from the position of President and Chief Executive Officer of the Company. If the Employee should die before the ten annual payments have been made, the unpaid balance will continue to be paid in installments for the unexpired portion of such ten year period to his designated beneficiary(ies) in the same manner as set forth above.
(b) Notwithstanding anything herein contained to the contrary, the Company shall have the right, in its sole discretion, to vary the manner and time of making the installment distributions provided in this Agreement and may make such distributions in lump sum payments or over a shorter period of time than ten years, as it may find appropriate.
(c) Nothing contained herein shall be deemed to exclude the Employee from any supplemental compensation, bonus, pension, insurance, severance pay or other benefit to which otherwise he 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 pension, retirement, stock, option or other benefit plan or arrangement of the Company for the benefit of its employees.
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. The Agreement is modified to provide that the District shall issue payment in accordance with Sections 218.70. et sq. Florida Statutes, Local Government Prompt Payment Act, after receipt of an acceptable invoice(s), inspection and acceptance of services provided in accordance with the terms and conditions of the Agreement. Any penalty for delay in payment shall be in accordance with applicable law. The payment for the services set forth herein shall only be for fiscal year 2021-2022. The District’s aggregate maximum indebtedness under the Agreement shall not exceed For this Agreement, the District’s aggregate maximum indebtedness of $159,470.00 represents payment for the annual subscription to Contractor’s online platform and two (2) days of professional development in an amount not to exceed $3,990.00. The Contractor’s online subscription shall be effective and fully functional for the District’s access and use effective July 1, 2021 through June 30, 2022. Last, the Parties understand and agree that each session of professional development delivered by Contractor to the District shall be at a cost of $1,995.00, and that one (1) “session” of professional development shall consist of a minimum of six (6) hours up to a maximum of eight (8) hours of training provided by one consultant of the Contractor within one calendar day at a District location. Upon receipt of a purchase order from the District, Contractor shall remit to the District contract administrator (identified in section 20 below) one monthly proper invoice identifying each session of professional development in such format and containing such documentation as may reasonably be required by the District (including but not limited to the date(s) of the services and sign-in sheets signed by District personnel attending each session). Such invoice shall be due and payable upon completion of the delivered professional development pursuant to a proper invoice sent to the District no more frequently than monthly. Contractor shall deliver both days of professional development to the District no later than February 28, 2022.
Compensation; Payment Terms. The Customer shall pay the fee associated with the Installation Services as determined by XXXXX (the "Fee"). The Customer must pay the Fee to XXXXX prior to receiving the Installation Services. XXXXX shall make no refunds of the Fee for any purpose whatsoever.
Compensation; Payment Terms. As full consideration for the Services, the District shall pay Provider the fees set forth in Schedule A. Unless expressly agreed by the Parties, all expenses incurred in the performance of the Services shall be paid by Provider. Provider will submit timesheets and invoices to District on or before the tenth (10th) day of each month for Services provided in the preceding month. District shall pay the amount set forth in the invoice within thirty (30) days of receipt. If District disputes any entries in the timesheet and/or invoice, District shall notify Provider of such dispute within fifteen (15) days of receipt of such timesheet and invoice and pay in full the undisputed portion. The Parties agree to negotiate in good faith the resolution of all such disputes in a timely manner. Failure to notify Provider within such time shall constitute a waiver by District of any objection thereto. Provider may charge interest of twelve percent (12%) per annum (or the maximum charge permitted by law, if less) to all outstanding past due amounts.
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
