Cost Compensation Sample Clauses

Cost Compensation. The State shall determine the maximum cost compensation calculation using the following formula: The numerator shall be the exchanging District’s conservation minimum and capital and transportation minimum and capital charges, including capital surcharges. DWR will set the denominator using the State Water Project allocation which incorporates the May 1 monthly Bulletin 120 runoff forecast. If a District submits a request for approval of an exchange prior to May 1, the State shall provide timely approval with the obligation of the contractors to meet the requirement of the maximum compensation. If the maximum compensation is exceeded because the agreement between the contractors is executed prior to the State Water Project allocation as defined in (c)(2) above, the contractors will revisit the agreement between the two contractors and make any necessary adjustments to the compensation. If the contractors make any adjustments to the compensation, they shall notify the State.
Sample 1
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Cost Compensation. Upon the DB Contractor’s fulfillment of all applicable requirements of Sections 7.3 and 15, and subject to the limitations contained therein and listed above, the District shall be responsible for, and agrees to Approve Change Orders to compensate the DB Contractor for their (i) additional costs directly attributable to changes in the Work arising from Differing Site Conditions, and (ii) extension of the Completion Deadlines as a result of any delay in the Critical Path affecting the Completion Deadlines.
Sample 1Sample 2
Cost Compensation. Consultant will invoice for consulting services on a monthly basis at the rate of $375/hour (using ¼ hour increments), in an amount not to exceed 8 hours per month.
Sample 1
Cost Compensation. Consultant shall be entitled to and the Company shall pay to Consultant for services rendered during the term of this Agreement the sum of $250,000, of which $100,000 shall be paid upon the execution of this Agreement and $150,000 shall be paid upon the first anniversary thereof.
Sample 1
Cost Compensation. When Stage 2 of the Extraordinary Procedure has been triggered, costs may arise from Remedial Actions agreed by the Supporting TSO(s). The Providing TSO(s) can recover their direct costs, including but not limited to costs of activated energy bids, resulting from the Remedial Actions and documented in the operational report (cf. Annex01 – Policy on LFC&R – B-9-1-5-3). Indirect costs are out of Extraordinary Procedure and cannot be compensated. Claims towards the Receiving TSO(s) are seen as individual claims of Providing TSO(s). Cost allocation rules: In the case of a single Receiving TSO, the Providing TSO(s) shall invoice the costs to the Receiving TSO based on the incurred costs from the Remedial Actions. In the case of several Receiving TSOs, total costs of all Providing TSOs are first summed up and then allocated to the Receiving TSOs proportionally to the activated power, as documented in the operational report from the phone conference (cf. Annex01 – Policy on LFC&R – B-9-1-5-3). If the Receiving TSO(s) cannot be clearly identified based on the definition of Impacting TSO as defined in Annex01 – Policy on LFC&R – B-9-1-4-1 or in case ex-post analysis shows that, in addition to identified Impacting TSO(s), other TSOs have also contributed to a significant part of the deviation (>100 MW), all SAFA Parties shall decide on how to proceed with the cost compensation according to SAFA governance principles. Any possible dispute in relation to claims brought forward under this section, shall be referred in accordance with Article 10 of SAFA, exclusively. The Providing TSO(s) shall maintain complete and accurate records and supporting documentation for all billable amounts and payments made, in accordance with generally accepted accounting principles. The Providing TSO(s) shall retain the records for each invoice for at least six (6) years from the end of the year in which that invoice was received by the Receiving TSO(s). Each amount stated as payable by the Providing TSO is inclusive of all possible taxes, duties or similar charges, but exclusive of the VAT. If possible, the Providing TSO shall endeavour to identify, compatibly with grid conditions, Remedial Actions with lowest or otherwise reasonable cost indication. However, the Providing TSO(s) are not responsible for providing evidence to the Receiving TSO(s) that the cheapest reserves have been activated. The Providing TSO(s) shall each send separate invoices to the respective Receiving TSO(s). Each i...
Sample 1
Cost Compensation. Annual Hardware Maintenance for Pitney Xxxxx Sorters, Inserters and Server (System) (includes Embedded Software): Year One 8/12/11 – 8/11/12 Year Two 8/12/12 – 8/11/13 Year Three 8/12/13 – 8/11/14 Year Four 8/12/14 – 8/11/15 Year Five 8/12/15 – 8/11/16 Onsite Annual Equipment Maintenance Agreement; includes up to 40 Weekday and 6 Weekend Day shifts $ 145,000.00 $156,000.00 $145,000.00 $150,000.00 $145,000.00 $92,952 TOTAL HARDWARE MAINTENANCE $ 145,000.00 $156,000.00 $145,000.00 $150,000.00 $145,000.00 $92,952 Contract includes 56 off shift service hours. County may purchase additional off shift service hours as needed at the rate of $142.50 per hour. Annual Software License and Maintenance License / Subscription Maintenance Year Two 8/12/12 – 8/11/13 Year Three 8/12/13 – 8/11/14 Year Four 8/12/14 – 8/11/15 Year Five 8/12/15 – 8/11/16 Embedded Software Perpetual Embedded; incl. in hardware maintenance Olympus II software Perpetual $15,000 $15,000 $15,000 $15,000 $0 Absentee Ballot Data Capture & Integration Annual Incl. in Olympus II software Local Image Archiving Perpetual Incl. in Olympus II software CodeX WABCR Perpetual Incl. in Olympus II software Relia-Vote licensed software Annual $16,000 $16,000 $16,000 $16,000 $16,000 Stratus Server software Annual $14,800 $14,800 $14,800 $14,800 $14,000 TOTAL SOFTWARE LICENSE AND MAINTENANCE $45,800 $45,800 $45,800 $45,800 $30,000 Annual Hardware Maintenance and Software License and Maintenance Year One 8/12/11 – 8/11/12 Year Two 8/12/12 – 8/11/13 Year Three 8/12/13 – 8/11/14 Year Four 8/12/14 – 8/11/15 Year Five 8/12/15 – 8/11/16 GRAND TOTAL $ 145,000.00 $201,800.00 $190,800.00 $195,800.00 $190,800.00 $122,952.00  Additional shifts over 46 shifts are billable: o Monday - Friday (business hours 8am – 5pm): $832 per shift o Monday - Friday (non-business hours 5PM – 12AM): $915 per shift o Weekend day (business hours 8am – 5pm): $1,248 per shift o Weekend evening (non-business hours 5PM – 12AM): $1,373 per shift  Cycles over 1.6 million are billable at $0.002 per cycle  Service labor outside of election coverage is billable at prevailing rates.  Additional shift scheduling with minimum two weeks prior notice  Call-out emergency service average four-hour response The frequency of general maintenance and cleaning required is dependent on the amount of running time put on the machines.
Sample 1
Cost Compensation. The County agrees to compensate the Contractor at the fixed rates as set forth below for services provided. Contractor agrees to accept the same as full compensation for performing all services and furnishing all staffing and materials called for, and for risks connected with the services as detailed in the agreement, and for performance by Contractor of all its duties and obligations hereunder. The Contractor’s fixed cost for services will include fees, expenses, travel, labor, materials, and all other costs required for Contractor’s services (the Parties acknowledge no travel is associated with this engagement). The fixed rate, as set forth herein shall be fixed for the term of the Contract. The fixed rate shall include all costs and expenses related to the performance of the EEO WPH5 Online Training services and work by the Contractor to meet the requirements set forth in the Scope of Work. Mileage, parking, telephone/fax expense, travel expenses, food, postage and incidental photocopies are not billable and will not be allowed.
Sample 1
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Cost Compensation. 1.1 The Interested Party hereby agrees to reimburse the Company (i) a lump sum amount of EUR 55,000 for internal costs and (ii) any reasonable, incremental external (in particular professional advisors’) costs and expenses which are incurred by the Company in connection with granting assistance to the Interested Party in furnishing and preparing Confidential Information to be included in the UK Prospectus, for general due diligence purposes and in relation to the preparation of the UK Prospectus. If and to the extent the Company provides or has provided such assistance and thereby incurs costs, the Interested Party agrees to compensate for such costs pursuant to this Agreement. The Interested Party hereby confirms that it does not need any assistance from the Company in relation to preparing the Tender Offer. External costs for work of KPMG incurred in relation to questions Magenta might have regarding certain US GAAP numbers would be reimbursed based on KPMG’s fees actually incurred for such work, net of any VAT recoverable by the Company. 1.2 The Company estimates, in good faith, that the amount of external costs to be reimbursed will amount to approximately EUR 145,000 (net of any VAT recoverable by the Company) and will act in good faith to limit such costs. The Parties agree that in order to provide for sufficient cost control the following mechanism shall apply: the Company will inform the Interested Party in text form (i.e. email suffices) weekly on the external costs incurred to be reimbursed under this Agreement. External costs up to the amount of EUR 145,000 will be reimbursed by the Interested Party under this Agreement. Once the amount of EUR 145,000 is reached, the Interested Party will solely have to compensate for the amount exceeding EUR 145,000 if the Parties agree so. In case no agreement is concluded before the amount of EUR 145,000 is reached (and thus the Interested Party would not be obliged to reimburse further costs), the Company will suspend all work and assistance as set out in Sec. 1.1 (including maintenance of the virtual data room in excess of any maintenance that would occur in the ordinary course of maintaining the data room for non-UK Prospectus purposes). For the avoidance of doubt, the Interested Party and its Representatives would still be permitted to access such data room provided this would not incur any additional costs until the Parties agree on cost compensation for any further work and assistance. 1.3 External cost...
Sample 1

Related to Cost Compensation

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125.00 per hour.

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • Salary Compensation As salary compensation for Employee's services hereunder and all the rights granted hereunder by Employee to the Company, the Company shall pay Employee a gross salary of not less than $175,000 during the term of this Agreement. Employee's salary shall be payable in bi-weekly increments in accordance with the Company's payroll practices for salaried employees, upon the condition that Employee fully and faithfully performs Employee's services hereunder in accordance with the terms and conditions of this Agreement. The Company shall deduct and withhold from the compensation payable to Employee hereunder any and all amounts required to be deducted or withheld by the Company under the provisions of any statute, regulation, ordinance, or order and any and all amendments hereinafter enacted requiring the withholding or deducting from compensation payable to employees.

  • Additional Compensation Notwithstanding anything in this Memorandum of Understanding to the contrary when in the judgment of the Board, it becomes necessary or desirable to utilize the services of County employees in capacities other than those for which they are regularly employed, the Board may authorize and, if appropriate, fix an additional rate of compensation for such employees.

  • Overtime Compensation 1. Except as provided in this section, Grantee will be responsible for any obligations of premium overtime pay due employees. Premium overtime pay is defined as any compensation paid to an individual in addition to the employee’s normal rate of pay for hours worked in excess of normal working hours. 2. Funds provided under this Contract may be used to pay the premium portion of overtime only under the following conditions: i. With the prior written approval of System Agency; ii. Temporarily, in the case of an emergency or an occasional operational bottleneck; iii. When employees are performing indirect functions, such as administration, maintenance, or accounting; iv. In performance of tests, laboratory procedures, or similar operations that are continuous in nature and cannot reasonably be interrupted or otherwise completed; or v. When lower overall cost to System Agency will result.

  • Base Compensation The Bank agrees to pay the Employee during the ----------------- term of this Agreement a salary at the rate of $76,000 per annum, payable in cash not less frequently than monthly; provided, that the rate of such salary shall be reviewed by the Board of Directors of the Bank not less often than annually, and Employee shall be entitled to receive annually an increase at such percentage or in such an amount as the Board of Directors in its sole discretion may decide.

  • Annual Compensation The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the highest level of base salary paid to the Executive by the Employers or any subsidiary thereof during any of the three calendar years ending during the calendar year in which the Date of Termination occurs.

  • Variable Compensation In addition to any interim award that the Company owes to the Executive under the Variable Compensation Plan (or any similar provisions in a successor to the Variable Compensation Plan), the Executive shall be paid a lump sum cash amount equal to 2.0 times the target annual award under the Variable Compensation Plan for the Executive’s job for the calendar year during which the Change in Control occurs. In order to be entitled to a payment pursuant to this Section 4(b), the Executive must have been a participant in the Company’s Variable Compensation Plan at some time during the calendar year in which the Change in Control occurred or the calendar year immediately preceding the calendar year in which the Change in Control occurred.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

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