Duties; Compensation. Broker is permitted to file this listing in his Multiple Listing Service (MLS) with the Realtracs Solutions Rental input form. Client understands and agrees that by placing the listing on MLS, the listing may be included in a searchable database provided by the MLS which can be viewed on other agents websites or internet syndications. Broker is authorized to place a real estate sign and lock box on the property and exhibit said property to any prospective tenant at reasonable times designated by the client. Broker is authorized to have photos and videos taken to advertise the property on the internet or other broadcast media; and to do such advertising as Broker deems appropriate. Broker is authorized to distribute the Lead Based Paint Disclosure and Confirmation of Agency forms on behalf of the client to facilitate the procurement of a lease. Broker shall offer a cooperative compensation in the amount of $ to an agent or facilitator (an agent who is representing the interests of and/or is working with the Tenant) who is the procuring cause of the transaction. Client agrees to pay Broker a total of $ or % compensation based upon the monthly rental amount within 5 business days of rent being due under the terms of said lease.
Duties; Compensation. A Committee Member shall perform his or her duties in good faith and in a manner he or she reasonably believes to be in the best interest of the Venture. Notwithstanding the foregoing, a Committee Member does not violate a duty or obligation under this Agreement because the Committee Member’s conduct furthers the interest of the Party that designated the Committee Member, the Parties each acknowledging that such Committee Members will represent and serve the interest of the Party appointing him or her. No Committee Member designated by WisdomTree will be personally liable to any Mellon Party, and no Committee Member designated by Mellon Capital will be personally liable to any WisdomTree Party, for monetary damages for any act or omission, including breach of contract or breach of duties (including fiduciary duties) of a Committee Member to the Venture, any Party or any other Person. A Committee Member shall have no authority to do any act in contravention of this Agreement or the Ancillary Agreements. Committee Members shall receive no additional compensation for service on the Steering Committee or on a Management Committee.
Duties; Compensation. 1.1. Between October 1, 2010 and January 31, 2011, Xxxxxxxxx will be available to the Company during normal working hours for the purpose of consulting with the following individuals on matters of ongoing business operations and strategic initiatives: (a) the Board of Directors of the Company, acting through the Chairman of the Board; (b) the Company’s Chief Financial Officer; and (c) the Company’s Acting General Counsel. Xxxxxxxxx shall serve the Company as an independent contractor and shall not be considered an employee of the Company.
1.2. In consideration of Xxxxxxxxx’x performance of the services hereunder and subject to Section 1.5 below, Xxxxxxxxx shall be paid a monthly consulting fee of Twenty-Five Thousand Dollars ($25,000.00), in the form of checks from the Company to be mailed to him on October 4, 2010; November 1, 2010; December 1, 2010; and January 3, 2011. This Agreement shall terminate at the close of business on January 31, 2011 and no amounts shall be payable to Xxxxxxxxx thereafter under this Agreement other than any amounts due hereunder that have not yet been paid.
1.3. The provisions of this Section 1 shall not be deemed to prohibit Xxxxxxxxx from devoting reasonable time to personal or other business matters that do not constitute “Competitive Acts” as such term is defined in Section 12.2 of the Employment Agreement with the Company which Xxxxxxxxx signed on December 17, 2009 (the “Xxxxxxxxx Employment Agreement”).
1.4. The Company will reimburse Xxxxxxxxx in accordance with its normal reimbursement policy for pre-approved and reasonable travel and other expenses incurred at the Company’s request in carrying out Xxxxxxxxx’x requested duties under this Agreement. Reimbursement for approved expenses will be made within thirty (30) days of receipt from Xxxxxxxxx of an itemized expense report.
Duties; Compensation. Consultant shall provide the Services as set forth in one or more Statements of Work (each an “SOW”) which shall be executed by both Parties. Each SOW shall set forth the Services to be provided, the written materials, if any, to be produced by Consultant or its subcontractors and provided to Client in connection with the performance of the Services (the “Deliverables”), the duration of the applicable engagement and the fees to be paid by Client to Consultant. In the event of a conflict between the terms as set forth in an SOW and the terms of this Agreement, the SOW shall control. The Parties may subsequently agree to have Consultant provide additional Services and/or Deliverables for additional compensation and, in each such event, the Parties shall enter into additional sequentially numbered SOW’s which shall be subject to the terms of this Agreement. Consultant will invoice client on a periodic basis for compensation and reimbursement due from Client to Consultant pursuant to a SOW and this Section 1 and such invoices shall be payable within thirty (30) days of Client’s receipt of such invoice. Any amount not paid when due shall be subject to a charge of 1.5% per month or the highest rate permitted by applicable law, whichever is less, determined and compounded daily from the due date to the date actually paid. Client shall reimburse Consultant for all costs and expenses, including reasonable attorney fees, incurred by Consultant to collect any amount that is not paid when due. Project expenses shall be assumed under the lump sum fee presented in Exhibit B.
Duties; Compensation
