Compensation; Taxes. (a) The Bank shall pay Contractor $394,000 per year, in twelve approximately equal monthly installments (each such monthly installment, the “Base Fee”), for the Services provided to the Bank under this Agreement. The Base Fee may be amended at any time in writing by mutual agreement of the parties.
Compensation; Taxes. In consideration for the agreements of Xxxxxx contained herein, PhoneTel agrees to pay Xxxxxx a total of $129,239.50, $27,500 of which shall be payable in cash upon the Closing (as defined in the Merger Agreement) and the other $101,739.50 of which shall be payable in the form of a note (the "Note"), the terms of which shall govern the payment of such amount. A copy of the Note is attached hereto as Exhibit 1. In addition, and in further consideration for the agreements of Xxxxxx contained herein, PhoneTel agrees to pay Xxxxxx 275,000 shares of PhoneTel Common Stock, payable six months from the date hereof. Xxxxxx hereby acknowledges that by virtue of this Agreement he is not and will not become an employee of PhoneTel. Xxxxxx further acknowledges his separate responsibility for all federal and state withholding taxes, Federal Insurance Contribution Act taxes and workers' compensation and unemployment compensation taxes, if applicable, and agrees to indemnify and hold the Company harmless from any claim or liability therefor.
Compensation; Taxes. There is no contract, agreement, plan or arrangement to which the Company is a party as of the date of this Agreement, including, but not limited to, the provisions of this Agreement, covering any service provider or former service provider to the Company or any Company Subsidiary, which as a result of the Merger (either alone or together with the occurrence of any additional or subsequent events), could give rise to the payment of any amount that would not be deductible pursuant to Sections 280G, 404 or 162(m) of the Code.
Compensation; Taxes. As consideration for the performance of the Services, Customer will pay Cloudera the fees outlined in Exhibit A, and such amount will be due and payable in U.S. Dollars within 30 days of the Effective Date. The fees outlined in Exhibit A under this Agreement do not include any taxes or other amounts imposed by any governmental authority other than taxes on Cloudera’s net income. Customer will pay or reimburse Cloudera for all such amounts upon demand or provide certificates or other evidence of tax exemption.
Compensation; Taxes. 3.1 As full compensation for the provision of Services, the Requestor shall pay the Provider the Compensation indicated in the Addendum hereto, together with any applicable sales, use, value-added or related taxes (but excluding taxes based upon the Provider's net income or any payroll or withholding taxes which relate to the Provider's employees). Compensation and taxes shall be payable to the Provider within one month after the Requester's receipt of the Provider's itemized invoice detailing the Services performed.
Compensation; Taxes. (a) The Parties agree jointly and severally to pay the Escrow Agent upon execution of this Agreement and from time to time thereafter reasonable compensation for the services to be rendered hereunder, which unless otherwise agreed in writing, shall be as described in Schedule 3. Each of the Parties further agrees to the disclosures set forth in Schedule 3.
Compensation; Taxes. There is no contract, agreement, plan or arrangement to which Parent is a party as of the date of this Agreement, including but not limited to the provisions of this Agreement, covering any service provider or former service provider to the Parent or any Parent Subsidiary, which as a result of the Mergers, could give rise to the payment of any amount that would not be deductible pursuant to Sections 280G, 404 or 162(m) of the Code. 3.11
Compensation; Taxes. (a) As full and complete consideration for the Services to be performed by the Consultant hereunder, the Company agrees to pay the Consultant the total fees (the "Fees") set forth on Schedule B attached hereto, as the same may be amended from time to time during the Term hereof ("Schedule B"), inclusive of any and all amounts representing taxes due or becoming due and payable thereon by the Consultant, which taxes shall be the Consultant's complete responsibility. Payment of the fees specified in Schedule B is subject to completion of the Services to the satisfaction of the Company.
Compensation; Taxes. In consideration for the agreements of Executive contained herein, Parent agrees to pay or cause the Company to pay Executive a total of $[ ], without interest, to be paid 50% upon consummation of the Merger and 50% six months thereafter; provided, however, that if Executive violates the terms of this Agreement, such second installment will be withheld. The second installment shall be placed in escrow by Parent for the benefit of Executive upon consummation of the Merger. Executive hereby acknowledges that by virtue of this Agreement he is not and will not become an employee of Parent. Executive further acknowledges his separate responsibility for all federal and state withholding taxes, Federal Insurance Contribution Act taxes and workers' compensation and unemployment compensation taxes, if applicable, and agrees to indemnify and hold Parent harmless from any claim or liability therefor.
Compensation; Taxes. 4.1 The Company agrees to pay the Consultant for his services to the Company, and for his agreement not to compete, at the annual rate of Twenty Five Thousand ($25,000) Dollars, payable in equal monthly installments.
