Fees to Manager Sample Clauses
The 'Fees to Manager' clause defines the compensation structure for the manager's services under the agreement. It typically outlines the types of fees payable, such as management fees, performance fees, or reimbursement of expenses, and specifies the calculation method, payment schedule, and any conditions for adjustment. This clause ensures that both parties have a clear understanding of the manager's remuneration, thereby preventing disputes over payment and aligning expectations regarding the costs associated with management services.
Fees to Manager. During the term of this Agreement, as compensation for the Services, Manager shall earn a monthly fee equal to $12,500.00 (collectively, the “Service Fees”). Manager shall be entitled to all accrued and unpaid Services Fees in the event this Agreement is terminated for any reason. Notwithstanding anything to the contrary in this Agreement, the Company shall only be obligated to pay the Service Fees and any Expenses provided that the Company has net cash available to pay such Service Fees and Expenses.
Fees to Manager. The Company agrees to pay Manager the following fees for the Manager Services: an annual retainer of 120,000 options, valid for four years, at $.
Fees to Manager. (a) In addition to other amounts received or retained by Manager as provided in this Agreement, Practice Group shall make payment of fees to Manager in an amount equal to any damages or fees payable to Practice Group from any former Practice Orthodontist pursuant to such Practice Orthodontist's employment agreement with Practice Group; plus
(b) If for a calendar year, Net Revenues are less than the sum of Confirmed Distribution Amount, the Practice Business Expenses and $____________ [12% of purchase price], Practice Group shall make payment of the deficit to Manager not later than April 15 of the following year. For any partial calendar year, such deficit, if any, shall be determined in a pro rata manner.
(c) Notwithstanding anything contained herein to the contrary, the maximum fees payable to Manager pursuant to Section 9.3 herein shall be 19.5
Fees to Manager. The Company agrees to pay Manager the following fees for the Manager Services: a monthly fee of $1,500. In the event Manager ceases to work for the company for any reason, Manager shall be entitled to the pro rata portion of the annual fee for the number of months he has served as manager in a given year.
Fees to Manager. 52 9.01. Management Fee...........................................................................52 9.02. Accounting Fee...........................................................................55 9.03. Property Tax, Income Tax, Insurance, Benefit Plan Administration and Other Services........................................................55 9.04. Proprietary Systems......................................................................56
Fees to Manager. 9.01 Management Fee
Fees to Manager. In consideration for the performance of Manager's duties and responsibilities under this Agreement, in exchange for its services provided to Owner and the Property, Manager shall be paid a management fee to be computed as follows: Manager shall receive an annual fee (the "Management Fee") equal to one percent (1%) of the Acquisition and Development Costs (as defined hereinbelow) computed as follows:
(i) the Management Fee shall commence on the first day of the month following the initial acquisition of the Property;
(ii) the monthly balance subject to the Management Fee shall be the arithmetic average of the Acquisition and Development Costs of the Property owned by Owner on the first day of the month and on the last day of the month; and
(iii) the Management Fee shall be payable monthly in arrears and shall be equal to 0.000833 multiplied by the balance computed in (ii) above.
Fees to Manager. A) Retainer Client agrees to pay to Manager a retainer of $50,000 upon execution of the Agreement, to be maintained as security throughout the term of this Agreement, to be applied if necessary against the final invoice for fees and expenses and the balance, if any, to be refunded to Client without interest.
B) Fees and expenses Client agrees to pay fees for services rendered by personnel of Manager based upon the daily and hourly rates regularly charged by Manager for the services of its personnel, as such rates may be adjusted from time to time. Client agrees to reimburse Manager for expenses incurred by Manager by reason of this Agreement for travel, including air travel and rental car, and for lodging and meal expenses whenever Manager’s personnel are away from home. Manager agrees to use its best efforts to keep such expenses at the lowest practical level. Travel time will be billed at one-half the normal hourly rate, except travel to and from work at the beginning and end of the work day shall not be charged to Client. This travel exemption shall not apply to travel to and from the Facility from Manager’s or CRO’s place of residence.
Fees to Manager