Consideration for Grant. Participant shall not be required to pay any cash consideration for the grant of an Award. In the case of grants of Units and Performance Units, as to which cash consideration at the time of grant or vesting shall not be required, the Participant's Employment from the grant date to the date of vesting shall be deemed to be consideration for the grant, which services have a value at least equal to the aggregate par value of the shares being newly issued in connection with the grant. The foregoing notwithstanding, an Award may be granted in exchange for the Participant’s surrender of another Award or other right to compensation, if and to the extent permitted by the Committee.
Consideration for Grant. Participant shall not be required to pay any cash consideration for the grant of the Awards. In the case of the grant of Units, as to which cash consideration at the time of grant or vesting shall not be required, the Participant’s performance of services to the Company from the grant date to the date of vesting shall be deemed to be consideration for the grant, which services have a value at least equal to the aggregate par value of the shares being newly issued in connection with the grant.
Consideration for Grant. 2.1 In consideration of the grant of the IRUs hereunder by QWEST to FRONTIER, FRONTIER agrees to pay to QWEST an IRU fee determined based on the QWEST System route mileage (and allocated among the Segments based on Segment route mileage) as follows (the "IRU Fee"):
Consideration for Grant. 7 ARTICLE III.
Consideration for Grant. Although this Option may be exercised only if employment is continuous as provided in Section 3 hereof, it is understood that such employment shall, subject to the terms of any employment contract, be at the pleasure of the employer and at such compensation as the employer shall reasonably determine from time to time. Nothing in the Plan or in this Option shall confer on the Employee any right to continue in the employment of the Company or any of its affiliates or to interfere in any way with the right of the Company or its affiliates to terminate his or her employment at any time.
Consideration for Grant. 2.1 In addition to the amounts required to be paid pursuant to Sections 1.1(b) and 1.1(c) as full and complete payment for the grant of the WORLDCOM IRU as contemplated in Article I, and subject to performance by QWEST of its obligations hereunder, WORLDCOM agrees to pay to QWEST (i) the aggregate amount of $ ##MATERIAL OMITTED AND SEPARATELY FILED UNDER AN APPLICATION FOR CONFIDENTIAL TREATMENT## for Segments 1, 2 and 3 (the "Segment 1-3 Contract Price"), allocated among such Segments as set forth in Exhibit J and payable according to the schedule set forth in clause (a) below, (ii) the aggregate amount of ##MATERIAL OMITTED AND SEPARATELY FILED UNDER AN APPLICATION FOR CONFIDENTIAL TREATMENT## for Segments 4, 5 and 6 (the "Segment 4-6 Contract Price"), allocated among such Segments as set forth in Exhibit J and payable according to the schedule set forth in clause (b) below, (iii) $ ##MATERIAL OMITTED AND SEPARATELY FILED UNDER AN APPLICATION FOR CONFIDENTIAL TREATMENT## for Segment 2A (the "Segment 2A Contract Price"), payable according to the schedule set forth in clause (a) below, and (iv) $ ##MATERIAL OMITTED AND SEPARATELY FILED UNDER AN APPLICATION FOR CONFIDENTIAL TREATMENT## per route mile for Segment 7 (in the aggregate, the "Segment 7 Contract Price"), payable according to the schedule set forth in clause (b) below.
Consideration for Grant. 2.1 In consideration of the grant of the IRU hereunder by Pathnet to Customer, Customer agrees to pay to Pathnet, within five (5) days after the Acceptance Date, an IRU fee (the "IRU Fee") of the amount of -------- "*", payable on the Delivery Date. Payment shall be made to an escrow account specified by Pathnet..
Consideration for Grant. As consideration for the right to use the Service Mark xxx Trade Name, Grantee will pay Grantor a fee equal to (i) 2.75% of gross revenues of Grantee for the first three (3) years of this Agreement, (ii) 3.25% of Grantee's gross revenues for the following two (2) years of this Agreement, and (iii) 3.625% of Grantee's gross revenues for the remaining term of this Agreement, provided that after completion of the Merger the amount of such fee may not exceed (x) 2.75% of the gross revenues of Prison Realty Corporation for the first three (3) years of this Agreement, (y) 3.5% of the gross revenues of Prison Realty Corporation for the following two (2) years of this Agreement, and (z) 3.875% of the gross revenues of Prison Realty Corporation for the remaining term of this Agreement. The fee due hereunder shall be paid to Grantor by Grantee on a quarterly basis in arrears, such payments to be made on or before the 30th calendar day of the calendar quarter following the quarter for which such payment is due, with the first such payment being due on or before January 30, 1999 for the partial quarterly period ending December 31, 1998. The limitations described in clauses (x), (y) and (z) of the first sentence of this section 3 shall be applied on a quarterly basis, so that the amount of the quarterly fee payable hereunder shall equal the applicable percentage of Grantee's gross revenues for the preceding quarter as limited by the applicable percentage of Grantor's gross revenues for the preceding quarter. For purposes hereof, gross revenues means gross income as determined under Sections 856(c)(2) and (3) of the Internal Revenue Code of 1986, as amended. The parties agree to provide to each other upon request such financial and other information as may be reasonably required to determine or confirm the amount of the fee to be paid hereunder.
Consideration for Grant. 2.01 In consideration of the grant of the IRUs hereunder by QWEST to BTI, BTI agrees to pay to QWEST an IRU fee (the "IRU Fee") of $[ ] per [route mile] for [four (4)] fibers; $[ ] per [ ] for [ ] fibers; and $[ ] per [ ] for [ ] fibers for the mileage for the Segments set forth on Exhibit A-2, payable in accordance with the payment schedule set forth below:
Consideration for Grant. 2.1 In consideration of the grant of the IRU hereunder by QWEST to NETWORK, NETWORK agrees to pay to QWEST an IRU Fee (the "IRU Fee") of $[**] per route mile as follows and in accordance with the payment schedule set forth below:
