Monthly Compensation. Upon the expiration of the Term for any reason, the Executive shall be entitled to continue to receive his Base Salary through the last day of the month in which the Termination Date occurs.
Monthly Compensation. The Consultants is to receive compensation of $8,000 to be invoiced and paid monthly as earned for all services provided unless otherwise specially compensated below. It is estimated the Consultants will provide on average a minimum of 65 hours a month of services. This amount may be more or less depending on the needs of the Client.
Monthly Compensation. Upon beginning employment with the City, City shall pay Employee a salary of $20,844 per month. This compensation shall be paid on the same payment schedule as City Department Heads, which is currently twice a month. Each year of this Agreement, the City Council shall review the performance and salary of Employee. The City Council, at its sole discretion, may authorize a modification in the salary paid to Employee at the time of any such performance review. If warranted in the opinion of the City Council based on the results of this annual performance review, the City Council will consider a 10% differential between the salary of Employee and the salary of the next highest paid Department Head.
Monthly Compensation. As consideration for the performance of the Services, Company will pay Consultant for each month of this Agreement, Ten Thousand Dollars ($10,000) per month, payable within ten (10) days of each month end. The Company shall reimburse Consultant for all reasonable travel and other out-of-pocket expenses incurred in performing the Services. The Company shall reimburse Consultant within thirty (30) days of receipt of Consultant's itemized statement and accompanying receipts. Payment shall be in the form of (i) common stock of the Company, commonly known as "S-8 Shares," with a fair market value as of the date of issuance equal to the amount due using the average of the price as of closing as reported on the Over the Counter Bulletin Board, or, (ii) cash. Both parties must mutually agree on form of payment. In addition, the Board of Directors or authorized committee thereof, will grant to the Consultant a warrant to purchase 200,000 shares of common stock over the Term of the Agreement, prorated quarterly in advance. The warrant shall be exercisable at any time before midnight on July 31, 2008. The exercise price shall be set equal to the fair market value of the underlying common stock as of the date of grant. The warrant shall also provide for "cashless" exercise. The parties acknowledge that no amounts have been paid to Consultant under the first paragraph of this Section 2 and that Company owes Consultant for services rendered for the months of August, September, October, November, and December 2003, an aggregate total of Fifty Thousand Dollars ($50,000) (the "Prior Period Amount"). Company agrees to pay Consultant this Prior Period immediately. Payment of the Prior Period Amount shall be in at least 50% in cash. The remaining balance will be in the form of (i) common stock of the Company, commonly known as "S-8 Shares," with a fair market value as of the date of issuance equal to the amount due using the average of the price as of closing as reported on the Over the Counter Bulletin Board, or, (ii) at the discretion of the Company, cash.
Monthly Compensation. As compensation for the Services, the Company will provide remuneration of $2,500 per month, paid monthly.
Monthly Compensation. Commencing as of October 1, 2013, the Company agrees to pay Consultant a monthly fee in the amount of $10,000 during the term of the Agreement. The Company also agrees that the amount of $30,000 is payable as of October 1, 2013 for past services provided.
Monthly Compensation. During the Term, the Company agrees to pay to Consultant a monthly consulting fee of $12,500, to be paid on the last day of each month.
Monthly Compensation. Submit to the Budget Officer, in a format approved by the State Public Defender, a monthly report of all compensation (whether paid as salary or as sums paid under
Monthly Compensation. Each month of the Delivery Term (and pro-rated for the first and last month of the Delivery Term if the Delivery Term does not start on the first day of a calendar month), Buyer shall pay Seller a Monthly Capacity Payment equal to the Contract Price x Effective Capacity x Efficiency Rate Factor x Operating Deviation Factor. Such payment constitutes the entirety of the amount due to Seller from Buyer for the Product. If the Effective Capacity and/or Efficiency Rate are adjusted pursuant to a Capacity Test other than the first day of calendar month, payment shall be calculated separately for each portion of the month in which the different Effective Capacity and/or Efficiency Rate are applicable.
