Common use of General & Administrative Expenses Clause in Contracts

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

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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

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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

Samples: 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 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

Samples: Directed Fund Participation Agreement

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