Details of Compensation Sample Clauses

Details of Compensation. 1. The Consultant shall provide the Company with expertise and assistance in the areas generally undertaken by a CEO. Such services typically include, but are not limited to: ● Provide direct assistance to the BOD on financial, strategic and other business matters; ● Leadership on debt and equity fund raising activities and the related negotiations; ● Preparation of documentation for investor meetings; ● Management of the Company and other Admin functions; ● Management of reporting, both internal and external, to ensure all commitments are honoured; ● Management of day to day operations, including, where necessary, the system design and implementation; ● Management of statutory obligations; ● Preparation of strategic/business plan and annual budgets and operating plans; ● All other duties as a Chief Executive Officerwould undertake on a day to day bases
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Details of Compensation. Lump Sum Elements For task work order compensation elements established as lump sum, the Department may compensate the Consultant in accordance with one or more of the following methods of payment: LS1- At Completion of Task (LS-1) The Consultant will receive payment upon completion and acceptance by the Department of the subject task required under this agreement. LS-2- % of Completion of Services (LS-2) The Consultant will receive progress payments for services based on the percentage of services that have been completed and accepted by the Department during the billing period. Limiting Amount/Cost Reimbursable Elements For task work order compensation elements established as limiting amounts, the Department will compensate the Consultant, subject to the total established limiting amount, for all reasonable, allocable and allowable costs incurred in the categories defined below. The reasonableness, allocability and allowability of compensation sought under this agreement is expressly made subject to the terms of this Agreement; Federal Acquisition Regulations; Office of Management and Budget Circulars A-21, A-87, A-102, A-110; and any pertinent Federal and State Law. Direct Salaries and Wages- (LA-3) Subject to the established limiting amount, the Consultant will receive progress payments for direct salaries and wages for time/work effort expended by personnel in the performance of authorized work during the billing period, at the contract rates established in Table 5 of Section 5.0 Overhead and Fringe Benefit Rates- Administrative overhead and fringe benefit costs will be applied to approved salary and wage costs (exclusive of premium overtime) at the combined overhead rates provided in Table 5 of Section 5.0. Facilities Capital Cost of Money- The Consultant will receive compensation for allowable Facilities Capital Cost of Money (FCCM) in association with salaries. FCCM will be calculated as a percentage of chargeable direct salary and wages exclusive of premium overtime, at the rates provided in Table 5 of Section 5.0. Operating Margin- Operating margin will be applied to approved direct salary costs (exclusive of premium overtime) at the rates provided in Table 5 of Section 5.0. Direct Expense Rate- The Consultant will be compensated for direct expenses in association with salaries. Direct Expenses will be calculated as a percentage of chargeable direct salaries and wages exclusive of premium overtime, at the rates provided in Table 5 of Section 5.0....
Details of Compensation. 1. The Consultant shall provide the Company with expertise and assistance in the areas generally undertaken by a Secretary/Treasurer. Such services typically include, but are not limited to: ● Provide direct assistance to the BOD on financial, strategic and other business matters; ● Leadership on debt and equity fund raising activities and the related negotiations;
Details of Compensation. 1. The Consultant shall provide the Company with expertise and assistance in the areas generally undertaken by a Secretary/Treasurer. Such services typically include, but are not limited to: · Provide direct assistance to the BOD on financial, strategic and other business matters; · Leadership on debt and equity fund raising activities and the related negotiations; · Preparation of documentation for investor meetings; · Management of the Company and other Admin functions; · Management of reporting, both internal and external, to ensure all commitments are honoured; · Management of day to day operations, including, where necessary, the system design and implementation; · Management of statutory obligations; · Preparation of strategic/business plan and annual budgets and operating plans; · All other duties as a Secretary/Treasurer would undertake on a day to day bases

Related to Details of Compensation

  • Payment of Compensation Consultant shall submit to City a monthly itemized statement which indicates work completed and hours of Services rendered by Consultant. The statement shall describe the amount of Services and supplies provided since the initial commencement date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement. City shall, within 30 days of receiving such statement, review the statement and pay all approved charges thereon.

  • Services and Compensation Consultant agrees to perform for the Company the services described in Exhibit A (the “Services”), and the Company agrees to pay Consultant the compensation described in Exhibit A for Consultant’s performance of the Services.

  • Fees and Compensation Managers and Officers may receive such compensation and fees, if any, for their services, and such reimbursement for expenses, as may be determined by resolution of the Board.

  • Recovery of Compensation All payments and benefits provided under this Agreement shall be subject to any compensation recovery or clawback policy as required under applicable law, rule or regulation or otherwise adopted by the Company from time to time.

  • 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.

  • Amount of Compensation City shall pay Contractor for performance of all Services rendered in accordance with this Contract in an amount not to exceed $2,000,000.

  • No Compensation Except as provided in this Section 7.4 and elsewhere in this Agreement (including the provisions of Articles V and VI hereof regarding distributions, payments and allocations to which it may be entitled), the General Partner shall not be compensated for its services as general partner of the Partnership.

  • Other Compensation Plans The adoption of the Plan shall not affect any other option, incentive or other compensation or benefit plans in effect for the Company or any Affiliate, nor shall the Plan preclude the Company from establishing any other forms of incentive compensation arrangements for Employees, Directors or Third Party Service Providers.

  • Forfeiture; Recovery of Compensation (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Stock Option at any time if the Optionee is not in compliance with all applicable provisions of this Agreement and the Plan.

  • Employees and Compensation Schedule 3.12 contains a true and complete list of all employees of the Station, their job description, date of hire, salary and amount and date of last salary increase. Schedule 3.12 also contains a true and complete list as of the date of this Agreement of all employee benefit plans or arrangements applicable to the employees of the Station and all fixed or contingent liabilities or obligations of Seller with respect to any person now or formerly employed by Seller at the Station, including pension or thrift plans, individual or supplemental pension or accrued compensation arrangements, contributions to hospitalization or other health or life insurance programs, incentive plans, bonus arrangements, and vacation, sick leave, disability and termination arrangements or policies, including workers' compensation policies, and a description of all fixed or contingent liabilities or obligations of Seller with respect to any person now or formerly employed at the Station or any person now or formerly retained as an independent contractor at the Station.

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