Common use of Compensation Process Clause in Contracts

Compensation Process. With the understanding that TFE is a referral service, Transcriber will receive payment for completed projects when TFE receives payment from clients. Upon receipt of payment from clients TFE will pay Transcribers within 30-45 days. Upon receipt of said money, TFE will process said payments by sending to Transcriber a "Money In" e-mail notification regarding payment for said project. In order for Transcriber to receive compensation, if Transcriber is: a) Israeli citizen or Non-Israeli Citizen living in Israel - Transcriber must provide Israeli bank account or Paypal e-mail information. b) Non-Israeli Citizen living abroad - Transcriber must provide PayPal e-mail information. Payment summaries are available at the beginning of the month. Transcriber must reply within three days to indicate if any or all of the following information has changed: 1) tax status 2) Israeli bank info or PayPal e-mail 3) any differences noted in the total. TFE will process Transcriber's payment by the following 15th of the month. In the event a TFE client is late in paying, Transcriber recognizes that TFE is not liable to Transcriber for the monies outstanding until the TFE client pays the monies. TFE will take every reasonable action available to TFE in order to collect all monies due to Transcriber. In the event only a percentage of money is recovered, that percentage will be likewise deducted from the Transcriber's pay.

Compensation Process. With the understanding that TFE is a referral service, Transcriber will receive payment for completed projects when TFE receives payment from clients. Upon receipt of payment from clients TFE will pay Transcribers within 30-45 days. If TFE does not receive payment from its client(s), Transcriber will not receive payment. Upon receipt of said money, TFE will process said payments by sending to Transcriber a "Money InIn"/"Payment Summary" e-mail notification regarding payment for said project. In order for Transcriber to receive compensation, if Transcriber is: a) Israeli citizen or Non-Israeli Citizen living in Israel - Transcriber must provide Israeli bank account or Paypal e-mail information. b) Non-Israeli Citizen living abroad - Transcriber must provide PayPal e-mail information. Payment summaries are available at the beginning of the month. Transcriber must reply within three days to indicate if any or all of the following information has changed: 1) tax status 2) Israeli bank info or PayPal e-mail 3) any differences noted in the total. TFE will process Transcriber's payment by the following 15th 1st of the month. In the event a TFE client is late in paying, Transcriber recognizes that TFE is not liable to Transcriber for the monies outstanding until the TFE client pays the monies. TFE will take every reasonable action available to TFE in order to collect all monies due to Transcriber. In the event only a percentage of money is recovered, that percentage will be likewise deducted from the Transcriber's pay.

Compensation Process. With the understanding that TFE is a referral service, Transcriber will receive payment for completed projects when TFE receives payment from clients. Upon receipt of payment from clients TFE will pay Transcribers within 30-45 days. Upon receipt of said money, TFE will process said payments by sending to Transcriber a "Money In" e-mail notification regarding payment for said project. In order for Transcriber to receive compensation, if Transcriber is: a) Israeli citizen or Non-Israeli Citizen living in Israel - Transcriber must provide Israeli bank account or Paypal e-mail information. b) Non-Israeli Citizen living abroad - Transcriber must provide PayPal e-mail information. Payment summaries are available at the beginning of the month. Transcriber must reply within three days to indicate if any or all of the following information has changed: 1) tax status 2) Israeli bank info or PayPal e-mail 3) any differences noted in the total. TFE will process Transcriber's payment by the following 15th 1st of the month. In the event a TFE client is late in paying, Transcriber recognizes that TFE is not liable to Transcriber for the monies outstanding until the TFE client pays the monies. TFE will take every reasonable action available to TFE in order to collect all monies due to Transcriber. In the event only a percentage of money is recovered, that percentage will be likewise deducted from the Transcriber's pay.