General & Administrative Expenses. a) The Linux Foundation will have custody of and final authority over the usage of any fees, funds and other cash receipts. b) A General & Administrative (G&A) fee will be applied by the Linux Foundation to funds raised to cover Finance, Accounting, and operations. The G&A fee will be 9% of the Directed Fund’s first $1,000,000 of gross receipts each year and 6% of the Directed Fund’s gross receipts each year over $1,000,000.
Appears in 17 contracts
Samples: Directed Fund Participation Agreement, Directed Fund Participation Agreement, Directed Fund Participation Agreement
General & Administrative Expenses. a) The Linux Foundation will have custody of and final authority over the usage of any fees, funds and other cash receipts.
b) A General & Administrative (G&A) fee will be applied by the The Linux Foundation to funds raised to cover Finance, Accounting, and operations. The G&A fee will be 9% of the Directed Fund’s first $1,000,000 of gross receipts each year and 6% of the Directed Fund’s gross receipts each year over $1,000,000.
Appears in 16 contracts
Samples: Directed Fund Participation Agreement, Directed Fund Participation Agreement, Directed Fund Participation Agreement
General & Administrative Expenses. a) The Linux Foundation will have custody of and final authority over the usage of any fees, funds and other cash receipts.
b) A General & Administrative (G&A) fee will be applied by the The Linux Foundation to funds raised to cover Financemembership records, Accountingfinance, accounting, and human resources operations. The G&A fee will be 9% of the Directed Fund’s first $1,000,000 of gross receipts each year and 6% of the Directed Fund’s gross receipts each year over $1,000,000.
Appears in 8 contracts
Samples: Directed Fund Participation Agreement, Directed Fund Participation Agreement, Directed Fund Participation Agreement
General & Administrative Expenses. a) a. The Linux Foundation will shall have custody of and final authority over the usage of any fees, funds and other cash receipts.
b) b. A General & Administrative (G&A) fee will be applied by the Linux Foundation to funds raised to cover Finance, Accounting, Accounting and operations. The G&A fee will be shall equal 9% of the Directed FundProject’s first $1,000,000 of gross receipts each year and 6% of the Directed FundProject’s gross receipts each year over $1,000,000.
Appears in 3 contracts
Samples: Participation Agreement, Participation Agreement, Open Mainframe Project Participation Agreement
General & Administrative Expenses. a) The Linux Foundation will have custody of and final authority over the usage of any fees, funds and other cash receipts.
b) A General & Administrative (G&A) fee will be applied by the Linux Foundation to funds raised to cover Financemembership records, Accountingfinance, accounting, and human resources operations. The G&A fee will be 9% of the Directed FundOpenSSF’s first $1,000,000 of gross receipts each year and 6% of the Directed FundOpenSSF’s gross receipts each year over $1,000,000. Individual Technical Initiative funding arrangements may be setup under alternative arrangements by approval of the Governing Board and the Linux Foundation.
Appears in 1 contract
Samples: Participation Agreement
General & Administrative Expenses. Not for Execution
a) The Linux Foundation will have custody of and final authority over the usage of any fees, funds and other cash receipts.
b) A General & Administrative (G&A) fee will be applied by the Linux Foundation to funds raised to cover Finance, Accounting, and operations. The G&A fee will be 9% of the Directed Fund’s first $1,000,000 of gross receipts each year and 6% of the Directed Fund’s gross receipts each year over $1,000,000.
Appears in 1 contract
Samples: Membership Agreement
General & Administrative Expenses. a) The Linux Foundation will have custody of and final authority over the usage of any fees, funds and other cash receipts.
b) A General & Administrative (G&A) fee will be applied by the Linux Foundation to funds raised to cover Finance, Accounting, and operations. The G&A fee will be 9% of the Directed Fund’s first $US$1,000,000 of gross receipts each year and 6% of the Directed Fund’s gross receipts each year over $US$1,000,000.
Appears in 1 contract
General & Administrative Expenses. a) The Linux Foundation will have custody of and final authority over the usage of any fees, funds and other cash receipts.
b) A General & Administrative (G&A) fee will be applied by the Linux Foundation to funds raised to cover Financefinance, Accountingaccounting, and operations. The G&A fee will be 9% of the Directed Fund’s first $1,000,000 of gross receipts each year and 6% of the Directed Fund’s gross receipts each year over $1,000,000.
Appears in 1 contract