Multiplier Compensation Clause Samples

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Multiplier Compensation. As compensation for all of Consultant’s employee labor costs and expenses, overhead and profit for performing Work required by an Approved Service Order (“Multiplier Compensation”), the City will pay Consultant an amount equal to the Consultant’s Direct Labor Rate (as defined below) multiplied by 3.2 (“Multiplier”). Except for other costs and expenses expressly set forth in this Master Agreement as being compensable, the Multiplier Compensation shall be the Consultant’s only compensation for all Work performed pursuant to an Approved Service Order.
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Multiplier Compensation. As compensation for all of Consultant’s employee labor costs and expenses, overhead and profit for performing Work required by an Approved Service Order (“Multiplier Compensation”), the City will pay Consultant an amount equal to the Consultant’s Direct Labor Rate (as defined below) multiplied by the corresponding value set forth in the table below (“Multiplier”). Except for other costs and expenses expressly set forth in this Master Agreement as being compensable, the Multiplier Compensation shall be the Consultant’s only compensation for all Work performed pursuant to an Approved Service Order.
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Multiplier Compensation. As compensation for all of Consultant’s employee labor costs and expenses, overhead and profit for performing Work required by an Approved Service Order (“Multiplier Compensation”), the City will pay Consultant an amount equal to the Consultant’s Direct Labor Rate (as defined below) multiplied by either 3.0 or 2.2 (“Multiplier”). A 2.2 multiplier shall be applied to Consultant’s employees that are dedicated to the Project, are based at the San ▇▇▇▇-Santa ▇▇▇▇▇ Regional Wastewater Facility for a minimum of 32 hours a week, and are named in Attachment B of an Approved Service Order (“On-Site Employees”).
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Multiplier Compensation. As compensation for all of Consultant’s and Major Subconsultant’s employee labor costs and expenses, portions of their overhead costs (as more specifically set forth below) and all of their profit for performing Work required by an Approved Service Order, the City will pay Consultant an amount equal to the Consultant’s and Major Subconsultant’s Direct Labor Rate (as defined below) multiplied by their respective multipliers listed in Table B-1 (“Multiplier”), plus the applicable APC (as defined below) and geographic pay (if any) (“Multiplier Compensation”). Except for other costs and expenses expressly set forth in this Master Agreement as being compensable, the Multiplier Compensation shall be the Consultant’s and Major Subconsultant’s only compensation for all Work performed pursuant to an Approved Service Order.
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Related to Multiplier Compensation

  • Annual Compensation The Executive’s “Annual Compensation” for purposes of determining severance payable under this Agreement shall be deemed to mean the sum of (i) the annual rate of Base Salary as of the Date of Termination, and (ii) the cash bonus, if any, earned by the Executive for the calendar year immediately preceding the year in which the Date of Termination occurs.

  • 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.

  • 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.

  • Base Compensation During the time that Executive is an employee of the Company, the Company shall pay to Executive a base salary (the “Base Salary”) of $333,000 per annum, payable in regular installments in accordance with the Company’s usual payment practices. The Base Salary shall be reviewed by the Board of Directors’ Compensation Committee during the term of this Agreement and adjusted accordingly at the discretion of the Compensation Committee.

  • Fixed Compensation Each of the Co-Managers will receive certain additional fixed compensation pursuant to separate agreements with Masterworks, which is not tied specifically to this Offering or to any other specific offering, but a portion of which is deemed to be underwriting compensation for this Offering. Such additional fixed compensation relates to (i) a monthly retainer for administrative support services and (ii) fixed compensation payments to representatives of Arete. $8,224 is a reasonable estimate of costs and expenses referenced in clauses (i) and (ii) above that are appropriately allocated to this Offering.