INVESTOR COMPENSATION Sample Clauses

INVESTOR COMPENSATION. Assets held by XX Xxxx (or its Associates) are protected under the Financial Services Compensation Scheme (FSCS). The FSCS operates three separate schemes for deposits, investment business and contracts of insurance. Maximum limits for compensation apply in the event of a failure of an FCA authorised firm, these limits are currently as follows:  Deposits: 100% of the first £85,000 for claims from 30 January 2017  Investments: 100% of the first £85,000 for claims on or after 1 April 2019  Long-term insurance (e.g. insured pension plans and life assurance): 90% of the claim with no upper limit on the value claimed. There are qualifying conditions under which the FSCS can make compensation payments, these are:  There must be a relevant person in default. This means an FCA authorised firm or an appointed representative who is unable, in the opinion of the FSCS or FCA, to satisfy a claim against it.  There must be an eligible claimant. The FSCS essentially covers individuals (and some small companies).  There must be a protected claim. A valid claim under a civil liability owed by the firm to the claimant. Further information on the FSCS is available on its website xxx.xxxx.xxx.xx
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INVESTOR COMPENSATION. 16.1 WealthKernel is authorised by the FCA and as appropriate this may give you certain rights under the UK Financial Services Compensation Scheme. Depending on the type of business and your circumstances, the happening of certain events compensation may be available from that scheme if WealthKernel cannot meet its obligations to you. Further information about compensation arrangements is available from the Financial Services Compensation Scheme.
Sample 1
INVESTOR COMPENSATION. The Custodian is covered by the UK’s Financial Services Compensation Scheme (“FSCS”). Compensation may be available from the FSCS if the Custodian cannot meet its obligations to the Investor. The Investor’s possible entitlement to compensation will depend upon the type of business and the circumstances of the claim. Most types of investment businesses are covered for £50,000 per person per firm. Further information about compensation arrangements is available from the FSCS, xxx.xxxx.xxx.xx.
Sample 1
INVESTOR COMPENSATION. 15.1 Third Platform Services is covered by the UK Financial Services Compensation Scheme. Depending on the type of business and your circumstances, compensation, may be available from that scheme if Third Platform Services cannot meet its obligations to you. Further information about compensation arrangements is available from the Financial Services Compensation Scheme.
Sample 1

Related to INVESTOR COMPENSATION

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125 per hour.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

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