Monthly Stipend. Provided that Athlete complies with all of the terms and conditions set forth in this Agreement and established by the USOC, USA Swimming shall submit to the USOC the required documentation for the Athlete to receive the sum of $3,000 per month during the Term. Payments shall be made by direct deposit to an account designated by Athlete. USA Swimming shall work with the USOC to make every effort to have the funds deposited on or before the 5th of every month during the Term.
Monthly Stipend. The Company will pay Executive a stipend of $1,500 each month for the period beginning on the first payroll date after the Effective Date and ending after twenty-four monthly payments have been made provided that Executive was employed for each full month. If during the period beginning seven months following the Effective Date and ending twelve months following the Effective Date, the Executive’s employment with the Company terminates for any reason other than a termination (i) by the Executive for Good Reason (as defined below), (ii) by the Company for other than Cause (as defined below) or pursuant to Section 7.b. below or (iii) as a result of the death or disability of the Executive, then Executive will repay all amounts paid to him under this Section 3.(b) as of the date of such termination.
Monthly Stipend. An eligible employee who elects early retirement shall be paid a monthly stipend for a maximum of eighty- four (84) months by the District beginning the month after being eligible for early retirement and the employee retires up to and including the month in which the employee reaches his/her sixty-second (62nd) birthday or has received eighty-four (84) monthly payments, whichever occurs first. In the event of the employee's death, the balance of the monthly payments shall be paid to the estate of the employee. The monthly stipend shall be four hundred and fifty dollars ($450.00) for an employee who has served the last five (5) years before retirement in a position paid at pay range nine (9) or higher and three hundred and twenty-five dollars ($325.00) for an employee who has served the last five (5) years before retirement in a position paid at pay range eight (8) or lower (See Appendix A).
Monthly Stipend. The District shall pay to the retired employee $500 prorated based on the employee’s preceding year’s contract FTE each month for forty-eight (48) months or to age sixty-two
Monthly Stipend. 4.1 Subject to this item D.4, We will pay You a $2,500 Monthly Stipend. D.4.2 Payment of the Monthly Stipend is subject to You complying with this Agreement to Our satisfaction.
Monthly Stipend. Provided that Athlete complies with all of the terms and conditions set forth in this Agreement and established by the USOC, [NGB] shall submit to the USOC the required documentation for the Athlete to receive the sum of $[dollar amount] per month during the Term. Payments shall be made by direct deposit to an account designated by Athlete. [NGB] shall work with the USOC to make every effort to have the funds deposited on or before the 5th of every month during the Term.
Monthly Stipend. As the employee of Phi Delta Theta, Mr. will receive a monthly stipend of $ and will be paid once a month. Withholding taxes for taxing authorities and Social Security shall be withheld from the monthly payments.
Monthly Stipend. Commencing July 1, 2019 (inclusive of your transition period to begin the role of Interim CEO) (the “Transition Start Date”) and during the Interim CEO Service Period you will receive a monthly stipend of forty thousand dollars ($40,000) per month or partial month (the “Stipend”) in accordance with the Company’s normal payroll practices. Your Stipend will be reduced by the allocable portion of any cash director fees payable to you as a non‑employee director during the Interim CEO Service Period.
Monthly Stipend. During the Term, you will be paid a consulting fee at the monthly rate of $275,000 in arrears (the “Consulting Fees”). You acknowledge that you will receive an Internal Revenue Service Form 1099 from the Company, and that you shall be solely responsible for all federal, state, and local taxes, in accordance with Section 5. For the avoidance of doubt, you shall not be entitled to any additional cash, bonus or other cash-based incentives, and your entitlement to Consulting Fees is conditioned upon your provision of full-time Services in accordance with the terms of this Agreement even if a successor Chief Executive Officer is named prior to the completion of the Term.
Monthly Stipend. 11.1 Scope Global will pay You the amount specified in Item 12 during the Term in accordance with this clause 11 to provide support for Your everyday living costs during the Term such as accommodation, transport, food and entertainment (“Monthly Stipend”).
11.2 Payment of the Monthly Stipend is subject to Scope Global receiving written confirmation of Your safe arrival in Australia and written confirmation from the Host Organisation of the Commencement Date.
11.3 Unless otherwise provided in this clause 11, the Monthly Stipend will be paid by Scope Global into Your nominated Australian bank account on the 15th day of each month during the Term. The Monthly Stipend will consist of a payment of half month in arrears and half month in advance.
11.4 For the avoidance of doubt, the maximum amount payable per month for the Monthly Stipend is the amount referred to in Item 12.
11.5 The first Monthly Stipend payment will be calculated using the Pro Rata Calculation for the number of days from the Commencement Date (inclusive) to the final day of that first month (inclusive) and paid by Scope Global on the 15th day of the following month together with that month’s Monthly Stipend. To avoid doubt, if the 15th falls on a weekend or public holiday in South Australia, the payment will be made the following Business Day.
11.6 The final Monthly Stipend payment will be calculated using the Pro Rata Calculation for the number of days from the first day of that final month (inclusive) to the End Date (inclusive) and paid by Scope Global on the 15th day of that final month.
11.7 If You are not entitled to the whole Monthly Stipend during a month of the Term for any reason whatsoever (other than as provided in clauses 11.5 and 11.6), the Monthly Stipend You are entitled to in that month will be calculated using the Pro Rata Calculation and will be paid on the 15th day of the following month.
11.8 In this clause 11, the “Pro Rata Calculation” means:
