Consulting Fee; Expenses. In consideration for agreeing to make itself available to provide the Services and subject to Xxxxxxxx'x continued compliance with the terms of the Settlement Agreement, during the Consulting Period, the Consultant shall be paid a consulting fee of $400,000 per year (the "Consulting Fee"), payable in equal monthly installments in arrears no later than the fifth (5th) business day of each calendar month, with the first and last such payments to be prorated as necessary to reflect a period of service that is less than a full month. To the extent the Services require the Consultant to incur expenses (including, without limitation, travel expenses), the Consultant shall be entitled to reimbursement from the Company for any reasonable and documented business expenses incurred pursuant to the Company's reimbursement policies as in effect from time to time; provided that any travel expenses shall require written pre-approval by the Company.
Consulting Fee; Expenses a. During the Term, the Consultant shall be paid $20,000 per month (the “Consulting Fee”) for his availability to perform the Consulting Services (the “Consulting Fee”), regardless of the number of hours worked, if any. The Consultant shall not be paid for travel time unless he is actively providing the Consulting Services then.
b. The Company shall reimburse the Consultant for reasonable out-of-pocket expenses incurred in the performance of the Consulting Services. The Company shall provide reasonable office support for the Consultant. Office overhead expenses, including without limitation rent, salaries and benefits for office support staff, and supplies shall not be reimbursed. The Consultant shall use the services of the Company’s travel office for travel in connection with the Consulting Services, unless he obtains a better price for transportation or lodging expenses. The Consultant shall not be obligated to seek more advantageous prices than those obtained through the Company’s travel office.
c. The Company shall provide to the Consultant a Form 1099 for all income received during each calendar year or any portion thereof during the Term. Consultant shall be responsible for payment of all federal, state and local taxes and contributions imposed or required under applicable unemployment insurance, employment and income tax laws.
d. The payments made under this Section 3 shall constitute the Consultant’s sole compensation for the Consulting Services rendered during the Term. Invoices shall be submitted to the Senior Vice President, Human Resources no less frequently than monthly and shall contain an accounting of services rendered and reimbursable expenses incurred during the applicable period.
Consulting Fee; Expenses. In consideration for Executive being available to consult during the Consulting Period, the Company shall:
Consulting Fee; Expenses. In consideration for your provision of the Consulting Services in accordance with the terms of this Agreement, you will be entitled to receive $433,333, payable in twelve (12) installments at the end of each month of the Consulting Period in arrears (“Consulting Fee”).
Consulting Fee; Expenses. The Consultant shall be paid a fee of $1,250 per full day for time spent (including travel time) performing the Services under this Agreement. In the case of any day during which the Consultant spends less than eight hours performing Services, the fee for such day shall be calculated based on the number of hours spent performing the Services on such day, at the rate of $156.25 per hour, in which case travel time shall be excluded in determining the number of hours of Services performed hereunder. The Company shall also reimburse the Consultant for reasonable long distance travel (transportation, lodging and meals) and telephone expenses the Consultant is required to incur in providing the Services, in accordance with the Company's expense reimbursement policies in effect from time to time. Without limiting the generality of the preceding sentence, all long-distance travel and lodging will be coach class or equivalent and must be authorized in writing by the Company in advance. The foregoing fees and expense reimbursements are the Consultant's sole compensation for rendering Services to the Company. Consultant shall provide the Company with monthly invoices detailing the consulting hours, fees and expense reimbursements which the Consultant believes are due under this Agreement, and shall itemize and provide receipts for expenses upon request. The Company shall pay approved invoices within 45 days of receipt.
Consulting Fee; Expenses. In consideration of entering into this Agreement and the Services rendered to Company, Consultant shall provide services and receive compensation as described in the attached Exhibit A.
Consulting Fee; Expenses. During the Term, the Company shall pay Executive a consulting fee of Two Hundred Thousand Dollars ($200,000) per annum, such amount to be paid in substantially equal monthly installments (“Consulting Fee”). The Company will reimburse Executive for reasonable out of pocket expenses incurred on behalf of the Company, subject to the Company’s travel and expense policy in effect at the time incurred; provided, for purposes of satisfying the requirements of 409A, (i) no such reimbursement may be exchanged or liquidated for another payment or benefit and (ii) any reimbursements of such expenses shall be made as soon as practicable under the circumstances but in any event no later than the end of the calendar year following the calendar year in which the related expenses were incurred. In addition, during the Term, the Company will pay to Executive Five Hundred Dollars ($500.00) per month to cover office related expenses.
Consulting Fee; Expenses. Xxxxxxxxxxx'x fee for the consulting services rendered pursuant to this Agreement shall be 1,500,000 shares of free trading stock in CareDecision Corporation. These shares shall be deliverable on or before December 20, 2002. All reasonable travel expenses incurred by Xxxxxxxxxxx during the term of this Agreement in connection with his performance of consulting services under this Agreement (including, without limitation, transportation, lodging and meals, shall be paid by CareDecision Corporation promptly upon Xxxxxxxxxxx'x presentation of documentation of such expenses, pre-approved, to CareDecision Corporation. As an independent contractor, Xxxxxxxxxxx shall not participate in, nor be eligible under, any of CareDecision Corporation's employee benefit plans.
Consulting Fee; Expenses. Greenfelder's fee fo the cxxxxxxxxx xxrvices rendered pursuant to this Agreement shall be 50,000 shares of free trading stock in Future Carz, Inc. These shares shall be deliverable on or before September 1, 2001. All reasonable travel expenses incurred by Greenfelder during the texx xx xxxx Agreement in connection with his performance of consulting services under this Agreement (including, without limitation, transportation, lodging and meals, shall be paid by Future Carz, Inc. promptly upon Greenfelder's presentation xx xxxxxxxxation of such expenses, pre-approved, to Future Carz, Inc. As an independent contractor, Greenfelder shall not partxxxxxxx xx, nor be eligible under, any of Future Carz, Inc.'s employee benefit plans.
Consulting Fee; Expenses. In consideration of Consultant’s performance of the Consulting Services, during the Term:
(a) the Company shall pay Consultant a consulting fee at the rate of $7,500 per complete month, pro-rated for partial months (the “Monthly Fee”), payable in arrears;
(b) the Company shall cause GMR to pay Consultant a fee of 1% of the aggregate purchase price (each a “Transaction Fee” and, together with the Monthly Fee, the “Consulting Fee”) for each Acquisition that is (i) identified solely by the Consultant, on GMR’s or its affiliates’ behalf, without the involvement of any other broker, consultant, employee, agent or representative or any similar person, (ii) presented solely to the Company and GMR and to no other party, and (iii) actually consummated by GMR within 90 days after the expiration of the Term. For the avoidance of doubt, the Company and GMR retain the sole discretion whether to reject or consummate any potential Acquisition identified by Consultant. The Company and GMR are not obligated by this Agreement to enter into any Acquisition agreement or to consummate any Acquisition; and
(c) the Company shall pay, or shall cause GMR to pay, a reimbursement of Consultant’s reasonable out of pocket expenses incurred in connection with the performance of the Consulting Services (the “Expense Reimbursement”), but only to the extent such expenses are pre-approved by the Chief Financial Officer of the Company or Global Medical REIT Inc., as applicable (the “CFO”) and are documented to the reasonable satisfaction of the CFO. Within 10 days after the expiration of each calendar month in which this Agreement is in effect, Consultant shall provide the CFO (as defined below) with an invoice for the Consulting Fee and Expense Reimbursement for such month, which invoice shall also describe the Consulting Services provided in such month and shall be accompanied by a list of all Acquisition opportunities identified by Consultant and presented to the CFO in writing (“Registered Acquisitions”). The Company shall pay the applicable Consulting Fee and Expense Reimbursement within 20 days of its receipt of such invoice. Consultant acknowledges and agrees that (i) the Company is not required to withhold federal or state income, gross receipts or similar taxes from the Consulting Fee paid to Consultant hereunder or to otherwise comply with any state or federal law concerning the collection of income, gross receipts or similar taxes at the source of payment of wages, (ii) the Compa...
