FIRST YEAR COMPENSATION. If Matching or Non-Matching Contributions will be made, for purposes of determining the Compensation on the basis of which such contributions will be allocated for a Participant’s first year of participation, the Participant’s Compensation shall be the Participant's Compensation for the period commencing as of the first day the Employee became a Participant.
FIRST YEAR COMPENSATION. 1. We will pay first year commissions according to the Elected Option on received premium up to and including the target premium amount. The rates for each of the options are set forth above (“Compensation Options Table – Target Premium”).
FIRST YEAR COMPENSATION. (Check Box 1 OR Box 2.) For purposes of determining the Compensation on the basis of which Employer Contributions will be allocated for a Participant’s first year of participation, the Participant’s Compensation shall be his Compensation for the period commencing:
FIRST YEAR COMPENSATION. A fee for the first contract year equal to 6.7% of any purchase payment made under such contract during the first contract year where the Annuitant or Contractowner (other than a trustee of a qualified plan) is less than age 81 on the date the Diversifier II contract is issued.
FIRST YEAR COMPENSATION. In consideration for all services rendered by Executive under this Agreement during the first year of the Term, the Company shall not pay Executive any cash compensation but shall provide annual compensation in the form of stock options ("Base Compensation") as follows: the Company shall issue to Executive Stock Options ("Stock Options") exercisable into one million (1,000,000) shares of Common Stock of the Company pursuant to the terms of the 2010 Sun River Energy, Inc. Stock Option and Award Incentive Plan, as amended (the "Stock Plan"). The Stock Options shall be issued to Executive on the Effective Date and shall be earned and vest 1/36th each month thereafter (each a "Vesting Date") during the Term. The exercise price of the Stock Options shall equal the average fair market value of a share of the Company's common stock on the Effective Date of the PSA is between the Parties. Finally, the Company shall cause Common Stock obtained through the Stock Options to be registered pursuant to the terms of the Stock Plan on Form S-8.
FIRST YEAR COMPENSATION. For the first year, the sum of ($ ) Dollars. Sum includes compensation in full for compulsory aspect, value of applicable land, damages and first year annual compensation as described in paragraph (b). First year compensation shall be paid to the Grantor by the Grantee prior to the entry upon the Demised Premises for any and all purposes set forth above, other than for survey and assessment purposes.
FIRST YEAR COMPENSATION. In the event on the one (1) year anniversary of your start date, the aggregate amount of (i) the amount of your annual salary, (ii) the signing bonus set forth in Section 3.2 above, (iii) the value of 10,000 shares of restricted stock which becomes unrestricted on such date as set forth in Section 3.3 above, and (iv) any other discretionary compensation or bonuses which may have been paid to You by Acacia as of such date, does not equal an aggregate of Four Hundred Thousand Dollars ($400,000), Acacia shall pay you the amount of any such deficit within thirty (30) days of such date.
FIRST YEAR COMPENSATION. The Company will pay to the Employee cash compensation of no less than $187,500 (including a bonus of $62,500) during the first twelve months of employment. If the Employee is terminated during the first twelve months of employment for any reason, other than those set forth in Section 4(d) and 6 of this Agreement, Employee will receive a pro rata share of this amount. In the event of the Employee's death, payment of the pro rat amount will be made to Employee's primary beneficiary.
FIRST YEAR COMPENSATION. 1. We will pay first year commissions of 50% on received premium up to and including the target premium amount.
