Non-Cash Compensation. Presently, there is no non-cash compensation. However, the parties intend to negotiate future non-cash compensation on a performance basis.
Non-Cash Compensation. Company shall provide Executive with non-cash compensation as set forth on Schedule 5(c).
Non-Cash Compensation. Board of Pensions Dues: A, above, times current Board of Pensions Rate (2018 – 37%) $
Non-Cash Compensation. Compensation payable to Consultant in the form of stock warrants, capital stock, or other securities will be payable in the manner provided in Schedule B. In the event Company fails timely to issue any stock warrant, capital stock, or other securities, or otherwise comply with its obligations in respect of any non-cash Compensation, in accordance with Schedule B, Consultant, at its election, may (i) suspend all Services then being provided to Company, and/or (ii) exercise any Rights Consultant may have under applicable Law or otherwise in respect of Company's failure to comply with such obligations.
Non-Cash Compensation. The Company shall provide Executive with non-cash compensation as set forth on EXHIBIT C. EMPLOYEE STOCK PLAN. Employee will be permitted to participate in any Company employee stock incentive or stock benefit plan adopted by the Company and approved by the Board of Directors pursuant to the terms of such plan. : EMPLOYMENT STATUS To the extent that Employee acts within the scope of this Agreement, Employee shall be regarded as an employee of the Company, including, without limitation, income tax and employment tax purposes, and shall represent such to third parties. The Company shall withhold and be responsible for the payment of any Federal, state or local income or occupational taxes, FICA taxes, unemployment compensation or workers' compensation contributions, or similar payments. In the event Employee acts outside the scope of this Agreement, he or she shall be acting on his or her own accord and not for the Company or as an employee or agent of the Company.
Non-Cash Compensation. Certain non-cash compensation such as Soliciting Dealer conferences may be paid to Soliciting Dealer. Notwithstanding anything herein to the contrary, Soliciting Dealer will not be entitled to receive any non-cash compensation which would cause the aggregate amount of selling commissions, dealer manager fees and other forms of underwriting compensation (as defined in accordance with FINRA Rule 5110) received by the Dealer Manager and all Soliciting Dealers to exceed 8.0% of the gross proceeds raised from the sale of Units in the Offering.
Non-Cash Compensation. Company shall provide Executive with non-cash compensation as set forth on Schedule 5(c). MEMBERSHIP FEES. Company shall provide membership (to include dues, initiation and other fees, and other expenses) in such associations and organizations as may hereinafter be approved by the Board of Directors of Company or its designee, as an aid to carrying out his duties and responsibilities for Company.
Non-Cash Compensation. The Company shall provide Executive with non-cash compensation as set forth on EXHIBIT C.
Non-Cash Compensation. Portfolio Management Fees, Other Portfolio Company Fees and Portfolio Investment Placement Fees received in the form of non-cash compensation (“Non-Cash Compensation”) which would reduce the Management Fee in accordance with Section 3.2(d), Section 3.2(e) and Section 3.2(f), respectively shall not reduce the Management Fee until such Non-Cash Compensation is disposed of for cash, and such reduction shall be deemed to equal the proceeds from the disposition of such Non-Cash Compensation, net of acquisition and other transaction expenses reasonably incurred (including taxes, if any). Notwithstanding the foregoing, if Non-Cash Compensation is not disposed of for cash by the eighth anniversary of the Principal Closing Date, it shall reduce the Management Fee at that time at a value determined in accordance with the valuation principles set out herein in Section 7.4(d), net of any taxes and acquisition and other transaction expenses that would have been paid or payable had such compensation been disposed of for cash at such time.
Non-Cash Compensation. (a) The Parties agree that (i) the options to purchase common stock of the Company, par value $0.01 per share (the “Common Stock”) listed under the heading “Stock Option Agreements” in Schedule A attached hereto (collectively, the “Stock Option Agreements”) are the only options to purchase capital stock of the Company held by Executive, and (ii) the options evidenced by the Stock Option Agreements have previously vested, or vest in accordance with their terms, as of the Effective Date. With respect to the right to purchase shares pursuant to the Stock Option Agreements that have fully vested, but have not been exercised, each of the Company and Executive acknowledges and agrees that the options with respect to such vested shares continue to be exercisable by Executive for the full option period described in the respective Stock Option Agreement.
(b) The Parties agree that (i) the shares of Common Stock that have been issued to and held in the name of Executive pursuant to the Restricted Stock Agreements between the Company and Executive listed under the heading “Restricted Stock Agreements” in Schedule A hereto (collectively, the “RSAs”) are the only shares of restricted stock awarded to and held by the Executive under stock restriction agreements, and (ii) the shares subject to the RSAs have previously vested, or vest in accordance with their terms, as of the Effective Date. With respect to any Common Stock held by Executive that continues to have “Restrictions” (as defined in the respective RSA) (the "Restricted Shares”), such Restrictions shall be lifted as of the Effective Date, in accordance with the terms of the respective RSA, and the Restricted Shares shall no longer be subject to any contractual restrictions on transfer.
(c) The Parties agree that the performance units listed under the heading “Performance Unit Grant Agreements” on Schedule A hereto (collectively, the “PUGAs”) are the only performance units that have been issued to Executive by the Company. By the terms of PUGAs, on the Effective Date Executive shall be entitled to a pro-rated award payout at the conclusion of the performance cycle if earned in accordance with the terms of the PUGAs.
(d) The Parties agree that the Company shall reimburse Executive for the premiums paid by Executive and all amounts paid by Executive related to deductibles, co-payment limits or applicable out-of-pocket maximums for health care coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985...
