Consideration for Services Rendered Sample Clauses

Consideration for Services Rendered. As consideration and payment for services rendered, the CITY agrees to pay CHS the following:
Sample 1
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Consideration for Services Rendered. In consideration of Executive entering into this Agreement and performing her obligations hereunder, including the restrictions contained in Section 4, the Company shall compensate Executive with an aggregate cash payment of $1,650,000 to be paid in ten (10) monthly installment payments of $137,500. Such installment payments shall commence to be paid on May 29, 2009, and thereafter shall be paid on the fifteenth (15th) day of each month until February 15, 2010, with a final payment of $275,000 on March 15, 2010, in accordance with the Company’s normal accounts payable procedures. For purposes of the application of Treasury Regulation Section 1.409A-1(b)(4)(i), each such installment payment shall be deemed a separate payment. Executive acknowledges and agrees that payment of all amounts under this Section 3 are conditioned upon Executive executing this Agreement and not rescinding, breaching or threatening to breach any of the terms of this Agreement (including, without limitation, the release of all claims set forth in Section 10 below).
Sample 1
Consideration for Services Rendered. In consideration of Executive entering into this Agreement and performing his obligations hereunder, including the restrictions contained in Section 4, the Company shall compensate Executive with an aggregate cash payment of $[ ] to be paid in [ ] ( ) monthly installment payments of $[ ]. Such installment payments shall commence to be paid on [ ], and thereafter shall be paid on the fifteenth (15th) day of each month until [ ], with a final payment of $[ ] on [ ], in accordance with the Company’s normal accounts payable procedures. For purposes of the application of Treasury Regulation Section 1.409A-1(b)(4)(i), each such installment payment shall be deemed a separate payment. Executive acknowledges and agrees that payment of all amounts under this Section 3 are conditioned upon Executive executing this Agreement and not rescinding, breaching or threatening to breach any of the terms of this Agreement (including, without limitation, the release of all claims set forth in Section 10 below).
Sample 1
Consideration for Services Rendered. For the first twelve (12) months of the Term, the compensation payable by the Company to the Consultant for the work performed pursuant to this Agreement shall be US$75,000 per month. The compensation for each successive twelve (12) month period of the Term shall be increased by an amount not less than the percentage increase in Consumer Price Index for All Urban Consumers, Northeast for the preceding calendar year.
Sample 1
Consideration for Services Rendered. In exchange for Consultant's providing the services as described herein, the Company shall pay the Consultant the amount set forth in paragraph 4 of Exhibit A. In addition, as set forth in paragraph 4 of Exhibit A, Consultant shall have the right to purchase shares of the Company's Common Stock pursuant to a Stock Purchase Agreement of even date herewith. In addition, the Company shall reimburse the Consultant for all expenses approved in writing by the Company including travel.
Sample 1
Consideration for Services Rendered. The compensation payable by the Company to the Consultant for the work performed pursuant to this Agreement shall be 1,000,000 warrants (the "Consultant Warrants") to purchase the Class A Common Stock (the "Class A Stock") of the Company. Each of the Consultant Warrants shall be exercisable to purchase one share of Class A Stock at a price of $0.50 per share and shall have a term of five (5) years. It is understood by the parties hereto that the present value of the Consultant Warrants will be determined by the investment banker engaged by the Company. In connection therewith, the Company will be responsible for the federal and state income tax consequences arising from the Consultant receipt of the Warrants. The form of Consultant Warrants Certificate is attached hereto as Exhibit B.
Sample 1

Related to Consideration for Services Rendered

  • Consideration for Services In consideration for the Executive’s services, the Company shall pay and provide to the Executive the compensation and benefits set out in this Section 5, and the Executive shall accept the same, as full compensation and consideration for the performance of the services to be rendered by the Executive under this Agreement.

  • Compensation for Services Provided As compensation for providing portfolio supervisory services in its capacity as Portfolio Supervisor, evaluation services in its capacity as Evaluator, and for providing bookkeeping and other administrative services to the Trust of a character described in Section 26(a)(2)(C) of the Investment Company Act of 1940, and to the extent that such services are in addition to, and do not duplicate, the services to be provided hereunder by the Trustee, First Trust Advisors L.P. shall receive, in arrears, against a statement or statements therefor submitted to the Trustee monthly or annually an aggregate annual fee in the per Unit amount set forth in Part II of the Trust Agreement for the Trust, calculated based on the largest number of Units outstanding during the calendar year, except during the initial offering period as determined in Section 4.01 of this Indenture, in which case the fee is calculated based on the largest number of Units outstanding during the period for which the compensation is paid (such annual fee to be pro rated for any calendar year in which First Trust Advisors L.P. provides services described herein during less than the whole of such year). Such fee may exceed the actual cost of providing such services for the Trust, but at no time will the total amount received for such services rendered to unit investment trusts of which the Depositor is the sponsor in any calendar year exceed the aggregate cost to First Trust Advisors L.P. of supplying such services in such year. Such compensation may, from time to time, be adjusted provided that the total adjustment upward does not, at the time of such adjustment, exceed the percentage of the total increase after the date hereof in consumer prices for services as measured by the United States Department of Labor Consumer Price Index entitled "All Services Less Rent of Shelter" or similar index, if such index should no longer be published. The consent or concurrence of any Unit holder hereunder shall not be required for any such adjustment or increase. Such compensation shall be paid by the Trustee, upon receipt of an invoice therefor from First Trust Advisors L.P., which shall constitute the representation by First Trust Advisors L.P. that the bookkeeping and administrative services for which compensation is claimed are properly compensable hereunder and that the aggregate cost incurred by First Trust Advisors L.P. of providing portfolio supervisory, evaluation and bookkeeping and administrative services hereunder was not less than the compensation claimed, upon which representation the Trustee may conclusively rely. Such compensation shall be charged against the Income and/or Capital Accounts in accordance with Section 3.05. If the cash balance in the Income and Capital Accounts shall be insufficient to provide for amounts payable pursuant to this Section 4.03, the Trustee shall have the power to sell (i) Securities from the current list of Securities designated to be sold pursuant to Section 5.02 hereof, or (ii) if no such Securities have been so designated, such Securities as the Trustee may see fit to sell in its own discretion, and to apply the proceeds of any such sale in payment of the amounts payable pursuant to this Section 4.03. Any moneys payable to First Trust Advisors L.P. pursuant to this Section 4.03 shall be secured by a lien on the Trust prior to the interest of Unit holders, but no such lien shall be prior to any lien in favor of the Trustee under the provisions of Section 6.04 herein.

  • Compensation for Services You may be eligible to receive compensation for providing certain services in respect of Shares of the Funds if you meet the requirements of and enter into a Dealer Services Agreement with American Funds Service Company.

  • Services Rendered At the discretion of the Committee, Shares may be awarded under the Plan in consideration of services rendered to the Company or a Subsidiary. If Shares are awarded without the payment of a Purchase Price in cash, the Committee shall make a determination (at the time of the Award) of the value of the services rendered by the Participant and the sufficiency of the consideration to meet the requirements of Section 6(b).

  • Payment for Services Contractor shall exert reasonable and diligent efforts to collect prompt payment from the Commonwealth. Contractor shall pay Subcontractor in proportion to amounts received from the Commonwealth which are attributable to the Services performed by Subcontractor. Contractor shall pay Subcontractor within fourteen (14) days after the Contractor receives such payment from the Commonwealth, unless the parties expressly agree upon a different payment schedule or structure as set forth below: ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________.

  • Fees for Services The compensation of the Subadviser for its services under this Agreement shall be calculated and paid by the Adviser in accordance with the attached Schedule C. Pursuant to the Investment Advisory Agreement between the Fund and the Adviser, the Adviser is solely responsible for the payment of fees to the Subadviser.

  • Fee for Services In consideration of the Services rendered by the Contractor and subject to clause 6.3 below, the Union shall pay to the Contractor a fee (the “Fee”) at the rate of and in the manner specified in the Schedule to this Agreement. The fee for service/s will be agreed in writing for the length of the agreement and will be reviewed at the organisations discretion and schedule, annually as a minimum. The Contractor shall submit monthly to the Union an invoice on, or as soon as reasonably possible after, the last day of each month detailing the Services (number of hours) provided within that month. The invoice shall show any value added tax separately. The Union may deduct from any sums payable to the Contractor any sums that the Contractor owes to the Union. If notice of termination is given under clause 13 and the Union does not require the Contractor to provide the Services during the notice period the Fee shall cease to accrue on the date upon which notice of termination was given. Upon termination of this Agreement under clause 13, the Contractor shall be entitled to receive payment of the Fee accrued only to the end of the day on which termination occurs. The Contractor shall be responsible for all day to day personal expenses incurred in the performance of the Services. If the Contractor is unable to provide the Services for any reason the Contractor shall not be entitled to receive any Fee in respect of that period of unavailability.

  • Charges for Services (a) It is the intention of the parties that the charges for the Services provided under this Agreement be determined in accordance with fair and reasonable standards and that no party realize a profit nor incur a loss as a result of the Services rendered pursuant to this Agreement.

  • Compensation for Consulting Services For each quarter (i.e., three-month period) that Executive provides consulting services to MediciNova pursuant to the option of MediciNova contained in Section 9 above, MediciNova shall pay Executive a sum equal to fifteen percent (15%) of Executive’s annual Base Compensation which shall be applicable at the time of Executive’s termination of employment with MediciNova (prorated for any period of less than a quarter). The parties expressly agree that when Executive is performing consulting services for MediciNova, Executive is acting as an independent contractor. Therefore, Executive shall be solely liable for Social Security and income taxes that result from Executive’s compensation as a consultant. In addition, Executive shall not be entitled to any other benefits including, without limitation, such group medical, life and disability insurance and other benefits as may be provided to employees and/or executives of MediciNova.

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