Fees and Other Benefits Sample Clauses

Fees and Other Benefits. In consideration for the services rendered hereunder and for agreeing to the noncompetition, nonsolicitation and confidentiality provisions set forth in the Stockholders' Agreement, Buffets shall provide you with the fees and other benefits described below:
Sample 1
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Fees and Other Benefits. A fee will be received for the preparation of this report. Payment of the fee is not contingent on any matter. We have obtained an indemnity from MEC in respect of claims made by a third party against us as a result of: (i) reliance by us on information provided by Asset which was incomplete, inaccurate, out of date or otherwise erroneous; (ii) failure by Asset to provide us with material information; and (iii) other claims related to or arising out of our provision of the report (except as a result of our negligence). This indemnity is a contractual arrangement between Fluid and Asset, and does not affect, or limit Fluid’s liability to third parties in connection with this report. Fluid will receive no other benefit for the preparation of the report. The author of this report has no pecuniary or other interest which could be regarded as capable of affecting his ability to provide an unbiased opinion in relation to this report.
Sample 1
Fees and Other Benefits. Consulting Agreement with Genlith Inc., dated September 18th, 2020, now terminated, with residual obligations assigned to Xxxx Xxxxxxxx, carrying an ongoing commitment to issue a further 60,000 Li-Metal Class B Common Shares in consideration for consulting services Employee Agreement between Li-Metal and Xxxxxx Xxxxxxxxxxx dated June 1, 2019 pursuant to which Xxxxxx Xxxxxxxxxxx receives CAD$6,250 / month in Li-Metal Class B Common Shares. The number of shares issued is based on the share valuation of the last financing round or financing offer currently being contemplated. Independent Contractor Agreement between Li-Metal and Xxx Xxxxxxxx dated July 1, 2020 pursuant to which Xxx Xxxxxxxx receives CAD$2,900 / month in Li-Metal Class B Common Shares. The number of shares issued is based on the share valuation of the last financing round or financing offer currently being contemplated.
Sample 1
Fees and Other Benefits. (a) The Company shall pay the Executive $50,000 per month for his services during the Board Service Period and the Consulting Period. The monthly fees shall be in lieu of all other compensation and fees otherwise payable by the Company to its non-employee directors. The Executive’s right to receive such monthly fees shall terminate in the event the Executive’s death or disability prior to the expiration of the Consulting Period. (b) The Company shall promptly reimburse the Executive for reasonable business expenses incurred during the Board Service Period and the Consulting Period in performing services hereunder, including all expenses of travel and living expenses while away from home on business or at the request of and in the service of the Company, provided that such expenses are incurred and accounted for in accordance with the policies and procedures established by the Company. In addition, during the Board Service Period, the Company shall reimburse the Executive for the cost of maintaining an off-site office in the Greenville, South Carolina area and secretarial and administrative support. (c) The Amended and Restated Change in Control Agreement between the Company and the Executive dated as of June 9, 2000 (the “CIC Agreement”) is amended to provide that in the event the Company enters into a definitive agreement or executes a letter of intent during the Board Service Period and the transactions contemplated by such definitive agreement or letter of intent result in a “Change in Control” of the Company (as defined in the CIC Agreement), then upon the occurrence of such Change in Control (whether before or after the Board Service Period), the Executive shall be entitled to receive, in lieu of any amounts or benefits described in Section 4 of the CIC Agreement, an amount equal to three (3) times the annualized fee ($600,000) paid to him during the Board Service Period (a total of $ 1.8 million). The provisions of Section 5 of the CIC Agreement shall remain in full force and effect with respect to any amounts paid to the Executive in connection with a Change in Control of the Company, including any amounts paid to him pursuant to this Paragraph 2(c).
Sample 1
Fees and Other Benefits. (a) As consideration for Consultant’s services during the Term, the Company shall pay Consultant a retainer of $5,000 every two weeks. Consultant’s right to receive such retainer shall terminate in the event of the termination of this Agreement or Consultant’s death or disability prior to the expiration of the Term. (b) In the event the parties mutually agree that Consultant will assume responsibility for a project the scope of which is beyond the advice and consultation contemplated hereby, then the parties shall establish a separate fee for such project. Any such agreement will be in writing and shall specify the project-based or hourly fee. (c) The Company shall promptly reimburse Consultant for reasonable and documented business expenses incurred during the Term in performing services hereunder; provided, that such expenses are incurred and accounted for in accordance with the policies and procedures established by the Company.
Sample 1
Fees and Other Benefits 
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Related to Fees and Other Benefits

  • Vacation and Other Benefits Each Contract Year, Executive shall be entitled to four (4) weeks of paid vacation in accordance with Employer’s applicable policies and procedures for executive-level employees. Executive shall also be eligible to participate in and receive the fringe benefits generally made available to other executive-level employees of Employer in accordance with and to the extent that Executive is eligible under the general provisions of Employer’s fringe benefit plans or programs; provided, however, that Executive understands that these benefits may be increased, changed, eliminated or added from time to time during the Term as determined in Employer’s sole and absolute discretion.

  • Compensation and Other Benefits Subject to the provisions of this Agreement, the Company shall pay and provide the following compensation and other benefits to the Executive during the Term as compensation for services rendered hereunder:

  • Insurance and Other Benefits During the Employment Period, the Executive and the Executive’s dependents shall be entitled to participate in the Company’s insurance programs and any ERISA benefit plans, as the same may be adopted and/or amended from time to time (the “Benefits”). The Executive shall be entitled to paid personal days on a basis consistent with the Company’s other senior executives, as determined by the Board. The Executive shall be bound by all of the policies and procedures established by the Company from time to time. However, in case any of those policies conflict with the terms of this Agreement, the terms of this Agreement shall control.

  • Expense Reimbursement and Other Benefits (a) During the term of Executive’s employment hereunder, pursuant to Applica’s Travel and Expense Policy and upon the submission of proper substantiation by the Executive, including copies of all relevant invoices, receipts or other evidence reasonably requested by Applica, Applica shall reimburse the Executive for all reasonable expenses actually paid or incurred by the Executive in the course of and pursuant to the business of Applica or any Affiliates. (b) Executive shall participate in Applica’s Group Health and Hospitalization Plan, Group Life Insurance Plan, Group Disability Insurance Plan and all other insurances, or insurance plans (collectively, the “Welfare Benefits”), and executive benefits and bonuses covering Applica’s executive officers as are now or may in the future be in effect, subject to applicable eligibility requirements. Additionally, Applica shall provide the Executive with life insurance in an amount equal to five times his Base Salary. During the Term, Applica shall pay for (i) the Executive’s annual dues in a country club and (ii) tax preparation and financial planning for the Executive on an annual basis up to a maximum of 1% of his base salary. (c) During the Term, Applica shall provide Executive with a monthly automobile allowance of $975. (d) During the Term, the Executive will be entitled to four weeks’ paid vacation for each year. The Executive will also be entitled to the paid holidays and other paid leave set forth in Applica’s policies. Vacation days and holidays during any fiscal year that are not used by the Executive during such Fiscal Year may not be carried over and used in any subsequent Fiscal Year.

  • COMPENSATION AND OTHER FEES As compensation for the services provided by Xxxxxx xxxxxxxxx, the Company agrees to pay to Xxxxxx: (A) The fees set forth below with respect to the Placement: 1. A cash fee payable immediately upon the closing of the Placement and equal to 6% of the aggregate gross proceeds raised in the Placement. Additionally, a cash fee payable within 48 hours of (but only in the event of) the receipt by the Company within 12 months of the Closing Date of any proceeds from the exercise of the Warrants sold in the Placement that are solicited by the Placement Agent and otherwise in compliance with Financial Industry Regulatory Authority (“FINRA”) Rule 5110 equal to 5% of the aggregate cash exercise price received by the Company upon such exercise, if any (the “Warrant Solicitation Fee”), provided, however, the Warrant Solicitation Fee shall be reduced (before any reduction to the Xxxxxx Warrants described in the last sentence of Section A.2 below or any reduction to the expense reimbursement to Xxxxxx in Section B below) to the extent (and only to the extent) that Xxxxxx’x aggregate compensation for the Placement, as determined under FINRA Rule 5110, would otherwise exceed 8%. Such determination of the actual Warrant Solicitation Fee shall be made promptly following completion of the Placement and communicated in writing to the Company. 2. Such number of warrants (the “Xxxxxx Warrants”) to be issued to Xxxxxx or its designees at the Closing to purchase shares of Common Stock equal to 5% of the aggregate number of Shares sold in the Placement. The Xxxxxx Warrants shall have the same terms as the Warrants (if any) issued to the Purchasers in the Placement except that the exercise price shall be at least 125% of the public offering price per share, but in any event not less than the Warrant exercise price, and the expiration date shall be November 27, 2012. The Xxxxxx Warrants shall not have antidilution protections or be transferable for six months from the date of the Offering except as permitted by FINRA Rule 5110, and further, the number of Shares underlying the Xxxxxx Warrants shall be reduced if necessary to comply with FINRA rules or regulations. Such determination of the actual number of Shares underlying the Xxxxxx Warrants shall be made promptly following completion of the Placement and communicated in writing to the Company. (B) The Company also agrees to reimburse Xxxxxx’x expenses (with supporting invoices/receipts) up to a maximum of 0.8% of the aggregate gross proceeds raised in the placement, but in no event more than $30,000 and only in the event the Placement has been consummated. If payable, such reimbursement shall be paid immediately upon the closing of the Placement.

  • Fees and Other Charges (a) The Borrower will pay a fee on each outstanding Letter of Credit requested by it, at a per annum rate equal to the Applicable Margin then in effect with respect to Eurocurrency Loans under the Revolving Facility (minus the fronting fee referred to below), on the face amount of such Letter of Credit, which fee shall be shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date; provided that, with respect to any Defaulting Lender, such Lender’s ratable share of any letter of credit fee accrued on the aggregate amount available to be drawn on any outstanding Letters of Credit during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such Lender’s ratable share of any letter of credit fee shall otherwise have been due and payable by the Borrower prior to such time; provided further that any Defaulting Lender’s ratable share of any letter of credit fee accrued on the aggregate amount available to be drawn on any outstanding Letters of Credit shall accrue for the account of the Borrower so long as such Lender shall be a Defaulting Lender. In addition, the Borrower shall pay to each Issuing Lender for its own account a fronting fee on the aggregate face amount of all outstanding Letters of Credit issued by it to the Borrower separately agreed to by the Borrower and such Issuing Lender (but in any event not to exceed 0.25% per annum), payable quarterly in arrears on each Fee Payment Date after the issuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each Issuing Lender for costs and expenses agreed by the Borrower and such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit requested by the Borrower.

  • Handling Fees and Other Expenses All fees and out of pocket expenses relating to this Agreement, including but not limited to legal costs, costs of production, stamp tax and any other taxes and fees, shall be borne by Party C.

  • Salary and Other Compensation As compensation for the services to be rendered by the Employee to the Company pursuant to this Agreement, the Employee shall be paid the following compensation and other benefits:

  • Administrative and Other Fees The Borrower agrees to pay the administrative and other fees of the Administrative Agent as provided in the Fee Letter and as may be otherwise agreed to in writing from time to time by the Borrower and the Administrative Agent.

  • Fees, Expenses and Other Payments (a) Except as otherwise provided in this Agreement, all costs and expenses, including, without limitation, fees and disbursements of counsel, financial advisors and accountants, incurred by the parties hereto shall be borne solely and entirely by the party which has incurred such costs and expenses (with respect to such party, its "Expenses"); provided that, except in the event that the payment provided in Section 8.5(b) becomes payable, if DOCP breaches any material term of this Agreement or if the Merger is not consummated, and this Agreement is thereafter terminated, and within one year of the date of such termination DOCP enters into an agreement respecting an Alternative Transaction, DOCP shall pay the reasonable fees and expenses of one firm of legal counsel advising the Management Investor, up to $50,000, plus 50% of any such fees in excess of $50,000, for the benefit of the Management Investor in connection with the transactions contemplated hereby. (b) If (i) this Agreement shall be terminated by Buyer pursuant to Section 8.1(e) or by Buyer or DOCP pursuant to Section 8.1(f), or (ii) (A) after the date of this Agreement any person or "group" (within the meaning of Section 13(d)(3) of the Exchange Act) shall have publicly made a proposal with respect to an Alternative Transaction, (B) the Offer shall have remained open until at least the scheduled expiration date immediately following the date such proposal is made, (C) the Minimum Condition shall not have been satisfied at the expiration of the Offer and (D) this Agreement shall thereafter be terminated pursuant to Section 8.1(d), then DOCP shall pay to Buyer $3,000,000 plus all Expenses of Buyer, CSX, NSC and the Management Investor as promptly as practicable but not later than two business days after termination of this Agreement (unless required simultaneously with termination under Section 8.1(f)) by wire transfer of immediately available funds to an account designated by Buyer.

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