Member Compensation. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account or for services rendered on behalf of the Company, or otherwise, in its capacity as a Member, except as otherwise provided in this Agreement.
Member Compensation. (A) Mr. Collins shall be compensated fox xxx xxxxxces as a member of FAMOUS board of directors and committees, as follows:
(a) For basic service as a member of our Company's board of directors, 5,000 shares per month
(b) For service, as chairman of any committee, 2,500 shares per month
(c) For service, on any other committee an additional 1,250 shares per month
(B) The foregoing compensation will be subject to the condition precedent that Mr. Collins comply on a timely basix xxxx xxx personal reporting obligations to the Commission pertaining to his role with FAMOUS and that Mr. Collins serve in the designated xxxxxxxxx providing all of the services required thereunder prudently and in good faith. In addition to the compensation described above and in Section 3.1 (unless comparable compensation is provided for under the terms of a separate employment or consulting agreement) or such compensation cannot be paid because of conflicts with applicable laws:
(C) In the event that Mrs. Collins directly arranges or dxxxxxxx xxxxides funding for FAMOUS on terms more beneficial than those reflected in FAMOUS current principal written financing agreements, Mr. Collins shall be entitled at hix xxxxxxxx, to either:
(1) A fee equal to 10% of such savings, on a continuing basis; or
(2) If equity funding is directly arranged for FAMOUS by Mrs. Collins and FAMOUS is not oblixxxxx xx xxx any other source of compensation in conjunction therewith, other than the normal commissions charged by broker dealers in securities in compliance with the compensation guidelines of the NASD, Mrs. Collins shall be entitled to a xxxxx xx x sum equal to 10% of the net proceeds of such funding after paying normal commissions.
(D) In the event that Mr. Collins arranges for an acquisixxxx xx XXXOUS, then Mrs. Collins will be entitled to coxxxxxxxxxx xn an amount, in shares of FAMOUS common stock, equal to 10% of the net consideration paid by FAMOUS for such acquisition, provided that if such compensation is payable to more than one person, then they shall share such compensation, pro rata, based on the nature of their entitlement to such compensation.
Member Compensation. No Member shall receive any interest, salary, or draw for services rendered on behalf of the Company, or otherwise, in its capacity as a Member, except as otherwise provided in Section 5.4(b).
Member Compensation. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account or for services rendered on behalf of the Company, or otherwise, in its capacity as a Member, except as otherwise provided in this Agreement, any of the JV Transaction Agreements or in another agreement among the Company and a Member that received approval by the Management Committee in accordance with Section 5.6.
Member Compensation. No compensation for services rendered shall be paid by the Company to any Member or officer except as reasonably Approved by the Executive Committee or otherwise reasonably provided herein or in the Business Plan. Any compensation, fees or other amounts paid to any Person shall be commensurate to the fees paid to independent service providers providing similar services in the geographical location of the Master Project. This Section shall not prohibit the payment of sums otherwise due to a Person as reimbursement for expenses incurred on behalf of the Company as otherwise provided in this Agreement, as indemnification in accordance with this Agreement, or as a distribution or other payment to a Member relating to that Member’s Interest in the Company.
Member Compensation. 32.1. Members shall be paid a Sessional Stipend for each course fully taught. Members contracted to complete a course in progress shall be paid a prorated Sessional Stipend per week, or part thereof.
32.2 Members are not required to perform service for the University. A Member may, however, voluntarily participate on the SJUSC per the St. Jerome’s University Senate Council Terms of Reference. In recognition of this participation on SJUSC and the Member’s contribution to the University, the Member shall receive $50 per meeting attended, to be paid at the final pay cycle of each respective Academic Term.
32.3 A Member who designs a new online course shall receive the equivalent of two Sessional Stipends paid in two equal installments: the first will be upon the start of the work, the second will be upon full completion.
Member Compensation. The Members shall not be compensated for their services to the Company.
Member Compensation. 32.1 Members shall be paid a Sessional Stipend for each course fully taught. Members contracted to complete a course in progress shall be paid a prorated Sessional Stipend per week, or part thereof.
32.2 At point of first hire, a newly hired Member will receive a one-time payment of $200 for time spent in conducting on-boarding activities, such as attending mandatory orientation and completing required training. Thereafter, any additional training required by the Employer for a Member will be compensated at a rate of $49 per hour.
32.3 Members are not required to perform service for the University. However:
(a) A Member may voluntarily participate on the SJUSC per the St. Jerome’s University Senate Council Terms of Reference. In recognition of this participation on SJUSC and the Member’s contribution to the University, the Member shall receive $98 ($49 per hour per two [2] hour meeting) per meeting attended, to be paid at the final pay cycle of each respective Academic Term.
(b) Members appointed to the JHSC shall be compensated for attending meetings and carrying out inspections at an hourly rate of $49. Timesheets must be completed by the Member and submitted to the Office of Finance and Administration.
(c) In the case of a Member being appointed to serve as President of the Association, the Employer shall grant the Association one (1) Sessional Stipend in lieu of the course release provided for under Article 6.1(a) of the full-time Collective Agreement.
32.4 A Member who designs a new online course shall receive the equivalent of two Sessional Stipends paid in two equal installments: the first will be upon the start of the work, the second will be upon full completion.
Member Compensation. 41 Section 9.17
Member Compensation. (A) Xxx. Xxxxxxx shall be compensated for her services as a member of Explorations' board of directors and committees, as follows:
(a) For basic service as a member of our Company's board of directors, 1,250 shares of Explorations' common stock per month, which shall be deemed earned on the last day of the month served.
(b) For service on the audit or executive committee an additional 625 shares per month, which shall be deemed earned on the last day of the month served.
(c) For service on any other committee an additional 313 shares per month, which shall be deemed earned on the last day of the month served.
(d) For service as the chair of the audit or executive committee an additional 250 shares per month, which shall be deemed earned on the last day of the month served.
(e) For service as the chair of any other committee an additional 125 shares per month, which shall be deemed earned on the last day of the month served. Explorations Group, Inc. Agreement to Serve as Director - 4
(f) For attendance at any meeting of the board of directors or a committee thereof, in person, an additional 125 shares per meeting.
(g) For attendance at any meeting of the board of directors or a committee thereof, in any manner other than in person, an additional 63 shares per meeting.
(B) The foregoing compensation will be subject to the condition precedent that Xxx. Xxxxxxx comply on a timely basis with all personal reporting obligations to the Commission pertaining to her role with Explorations and that Xxx. Xxxxxxx serve in the designated positions providing all of the services required thereby prudently and in good faith.
