Compensation to CYI Sample Clauses

Compensation to CYI. YMHK agrees that as consideration for granting of rights to YMHK under this Agreement, YMHK will give compensation to CYI side in an amount equal to 20% of YMBJ’s annual after-tax profits and dividends, if any, as audited by YMBJ’s independent auditor and which YMHK will obtain from YMBJ for each financial year of YMBJ during the Term of this Agreement. CYI agrees that YMHK will direct YMBJ to make such compensation to CYN no later than 30 days after YMBJ’s annual audited financial statements are duly approved by YMBJ’s board of directors. CYI and YMHK agree that such compensation constitutes all compensation of any kind to CYI and its shareholders, employees or Affiliates for this Agreement and the cooperation contemplated in this Agreement (except for those other payments to CYI, if any, that are specifically provided in other agreements between CYI, YMHK and/or YMBJ). CYI and CYN Ads agree and acknowledge that (a) the payments and compensation specifically described in this Agreement and other agreements between relevant parties in connection with the cooperation project contemplated hereby constitute and represent full payment, satisfaction and discharge of any and all amounts CYI and CYN Ads, their shareholders, directors, employees or Affiliates are entitled to arising out of or in connection with this Agreement and the cooperation project contemplated by this Agreement, and that (b) the execution and delivery of this Agreement by CYI and CYN Ads shall operate as a full release and discharge of any past and present claims among the Parties related to compensation under this Agreement and other relevant agreements, except for the specific obligations provided herein and therein.
Sample 1
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Related to Compensation to CYI

  • Compensation to NCPS (a) Issuer Party shall pay or cause to be paid to NCPS for its services as the facilitator of escrow as outlined in Exhibit B, which may be updated from time to time by NCPS by providing written notice to Issuer Party. Issuer Party’s obligation to pay such fees to NCPS and reimburse NCPS for such expenses is not conditioned upon a successful closing. Upon Issuer Party’s request, NCPS will provide Issuer Party with copies of all relevant invoices, receipts or other evidence of such expenses. The obligations of Issuer Party under this Section 10 shall survive any termination of this Agreement and the resignation or removal of NCPS.

  • COMPENSATION TO CONSULTANT The Consultant's compensation for the Consulting Services shall be as set forth in Exhibit B attached hereto and incorporated herein by this reference.

  • Compensation to Insiders Except as disclosed in the Prospectus, the Company shall not pay any of the Insiders or any of their affiliates any fees or compensation from the Company, for services rendered to the Company prior to, or in connection with, the consummation of a Business Combination.

  • Compensation on Termination (a) If the term of Executive’s employment hereunder is terminated pursuant to Section 4.01 hereof, Company shall pay to the executors or administrators of Executive’s estate or Executive’s heirs or legatees (as the case may be) all compensation accrued and unpaid up to the date of Executive’s death.

  • Compensation to Escrow Agent The Escrow Agent shall be entitled to receive from the Issuer reasonable compensation for its services as set forth in Exhibit B attached hereto. In the event that the Escrow Agent renders any additional services not provided for herein, or if any controversy arises hereunder, or if the Escrow Agent is made a party to, or intervenes in any action, suit or proceeding pertaining to this Agreement, the Issuer shall provide reasonable compensation for such additional services. Upon notice to the Security Holders, the Escrow Agent may deduct its compensation from any cash dividends or distributions held pursuant to paragraph 8 above.

  • Section 607 Compensation and Reimbursement The Company agrees

  • COMPENSATION TO THE ADVISOR The Trust shall pay the Advisor, out of the assets of a Fund, as full compensation for all services rendered, an advisory fee for such Fund set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Fund for the calendar year computed in the manner used for the determination of the net asset value of shares of such Fund.

  • Compensation to the Sub-Adviser For the services to be provided by the Sub-Adviser pursuant to this Agreement, the Adviser will pay the Sub-Adviser, and the Sub-Adviser agrees to accept as full compensation therefor, a sub-advisory fee at the rate specified in Schedule B which is attached hereto and made part of this Agreement. The fee will be calculated based on the average daily value of the Assets under the Sub-Adviser's management and will be paid to the Sub-Adviser monthly. Except as may otherwise be prohibited by law or regulation (including any then current SEC staff interpretation), the Sub-Adviser may, in its discretion and from time to time, waive a portion of its fee.

  • COMPENSATION OF ULTIMUS The Trust, on behalf of each Fund, shall pay for the services to be provided by Ultimus under this Agreement in accordance with, and in the manner set forth in, Schedule B attached hereto, as such Schedule may be amended from time to time. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, Ultimus’ compensation for that part of the month in which the Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above. Payment of Ultimus’ compensation for the preceding month shall be made promptly.

  • Compensation of OFI The Fund agrees to pay OFI and OFI agrees to accept as full compensation for the performance of all functions and duties on its part to be performed pursuant to the provisions hereof, a fee computed on the aggregate net assets of the Fund as of the close of each business day and payable monthly at the following annual rates:

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