Non-compensation Sample Clauses

Non-compensation. No compensation shall be paid by XXX to Cougar as a consequence of justifiable termination on the part of XXX in accordance with articles 13.3-13-5.
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Non-compensation. No compensation or other monies shall be payable by Lundbeck to the Distributor as a consequence of the termination of this Agreement pursuant to Articles 5.2, 7.2, 7.3, 9.1,12.1, 12.2.
Non-compensation. The LESSEE may not offset from the Rent or Common Expenses any amount that may be owed by the LESSOR, whatever its concept, nor may she request the application of the Deposit to the payment of the Rent, Common Expenses or any amount owed to the LESSOR.
Non-compensation. In the event CONTRACTOR is precluded from starting the service described herein for those excusable reasons cited in Section 10 hereinafter, CONTRACTOR shall not receive compensation under this Agreement for the period of the excusable delay. If the excusable delay occurs following the start of regularly scheduled service, on any day, CONTRACTOR shall be compensated as specified in Section 4 above.
Non-compensation. In the event CONTRACTOR is precluded from starting the service described herein on any day for a reason listed in Section 7 hereinafter, CONTRACTOR shall not receive compensation under this Agreement for the period of the excusable delay. If the excusable delay occurs following the start of regularly scheduled service on any day, CONTRACTOR shall be compensated as specified in this Section 4 for that day. Execution of the contract agreement by the CITY and CONTRACTOR that $1,000 per violation is the minimum value of the cost and actual damages caused by failure of the CONTRACTOR to perform the work required herein, that such sum shall not be construed as a penalty, and that such sum may be deducted from payments due the CONTRACTOR if such delay occurs.
Non-compensation. The Landlord shall not be liable to pay any compensation to the Tenant should the Premises become uninhabitable in the circumstances indicated and the rent be suspended. Partial Suspension of Rent In the event that a part of the Premises becomes unfit for normal use and habitation as determined by the Landlord, then a fair proportion of the rent shall cease to be payable until such time as the Premises is in a fit state for habitation and use. Arbitration In the event that the Landlord and the Tenant do not agree on the fair proportion payable under Clause 5.12 then the matter may be determined by arbitration, provided that both parties agree to arbitration and to paying the cost of arbitration in equal shares. This Clause does not affect either party's right to pursue a dispute through the courts in the usual way. INVENTORY - Use Of The Inventory And Charges For Checking It The Landlord and the Tenant agree: Production of Inventory The Landlord will be responsible for arranging and paying for the making of an Inventory and Schedule of Condition of the Premises. Inventory Check In The Tenant will EITHER attend an appointment with an Inventory Clerk or the Landlord's Agent to check the Inventory at the commencement of the Tenancy OR will check the Inventory supplied by the Landlord or Landlord's Agent immediately upon taking possession of the Premises and without any Clerk being present and return the said Inventory to the Landlord's Agent with any written comments within 48 hours of taking possession of the Premises. Tenant's Copy of Report Where the Check In is conducted by an Inventory Clerk or the Landlord's Agent the Landlords Agent will forward a copy of the Check In Report to the Tenant to retain for their information.
Non-compensation. The Severance Period shall be terminated and the Company shall have no further obligation to pay the Severance Amount or to provide the benefits described in Section 3 above if the Executive, without the Company's written approval, accepts a position of employment with any other company conducting a business which is substantially competitive with a business conducted by the Company.
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Non-compensation. The Company is primarily engaged in the sale of conventional home improvement loans, debt consolidation loans, FHA loans, and non-conforming mortgage loans (the "Company's Business") throughout the continental United States (the "Territory"). During the period that the Executive is employed by the Company and for the lesser of (a) the two (2) year period after the termination of the Executive's employment with the Company for any reason and/or (b) the period of time during which the Executive is entitled to receive any Base Salary continuation pursuant to Sections 5.2, 5.4, 5.5 or 5.6 hereof (collectively the "Protected Period"), the Executive shall not, directly or indirectly, have any equity or other ownership interest in, serve in any executive or managerial capacity for, or provide consulting or advice with respect to, any business activity that competes with the Company's Business in the Territory; provided, however, that this covenant shall not apply to the Executive's ownership of Common Stock of the Company or the acquisition by the Executive, solely as an investment, of securities of any issuer that is registered under Section 12(b) or 12(g) of the Securities Exchange Act of 1934, as amended, and that are listed or admitted for trading, on any United States national securities exchange or that are quoted on the National Association of Securities Dealers Automated Quotations System, or any similar system or automated dissemination of quotations of securities prices in common use, so long as the Executive does not control, acquire a controlling interest in or become a member of a group which exercises direct or indirect control or, more than five percent of any class of capital stock of such corporation.
Non-compensation. Volunteer understands and agrees that the Volunteer service is purely volunteer for which Volunteer shall not be compensated.

Related to Non-compensation

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following:

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • 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.

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125.00 per hour.

  • Bonus Compensation During the term hereof, the Executive shall participate in the Company’s Senior Executive Annual Incentive Plan, as it may be amended from time to time pursuant to the terms thereof (the “Plan,” a current copy of which is attached hereto as Exhibit A) and shall be eligible for a bonus award thereunder (the “Bonus”). For purposes of the Plan, the Executive shall be eligible for a Bonus, and the Executive’s specified percentage (the “Specified Percentage”) for such Bonus shall initially be fifty percent (50%) of Base Salary and shall thereafter be established annually by the Board of Directors (the “Board”) or, if the Board delegates the Specified Percentage determination process to a Committee of the Board, by such Committee. In the event the Board or Committee does not approve the Executive’s Specified Percentage within 90 days of the beginning of a fiscal year, such Specified Percentage shall be the same as the immediately preceding year. Whenever any Bonus payable to the Executive is stated in this Agreement to be prorated for any period of service less than a full year, such Bonus shall be prorated by multiplying (x) the amount of the Bonus otherwise earned and payable for the applicable fiscal year in accordance with this Sub-Section 4.2 by (y) a fraction, the denominator of which shall be 365 and the numerator of which shall be the number of days during the applicable fiscal year for which the Executive was employed by the Company. Executive agrees and understands that any prorated Bonus payments will be made only after determination of the achievement of the applicable Performance Measures (as defined in the Plan) in accordance with the terms of the Plan. Any compensation paid to the Executive as Bonus shall be in addition to the Base Salary.

  • Compensation Benefits In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • Special Compensation The Company shall pay to the Executive a lump sum equal to three times the sum of (a) the highest per annum base rate of salary in effect with respect to the Executive during the three-year period immediately prior to the termination of employment plus (b) the Highest Bonus Amount. Such lump sum shall be paid by the Company to the Executive within ten business days after the Executive's termination of employment, unless the provisions of Section 3(e) below apply. The amount of the aggregate lump sum provided by this Section 3(c), whether paid immediately or deferred, shall not be counted as compensation for purposes of any other benefit plan or program applicable to the Executive.

  • Employment and Compensation The following terms and conditions will govern the Executive’s employment with the Company throughout the Term.

  • Employee Compensation The wages, salaries and other compensation paid to employees who will be employed for the benefit of the Project, and to others who perform special services for the benefit of the Project, to the extent not otherwise paid through a Cash Management System, shall be paid by Owner from a Project Account pursuant to this Section 9.2. (a) All wages, salaries and other compensation paid to employees of the Project, including, but not be limited to, unemployment insurance, social security, worker's compensation, employee benefit packages and other charges imposed by a governmental authority or provided for in a union agreement, shall (a) as to employees of Manager or any Subcontractor, be reimbursed by Owner to Manager (or directly to the applicable Subcontractor, if requested by Manager) without profit or mark-up, and (b) as to employees of Owner, be paid directly by Owner. Xxnager shall coordinate all disbursements and deposits for all compensation and other amounts payable with respect to persons employed in connection with the operation of the Project from an appropriate Project Account. Manager shall maintain complete payroll records for all employees. (b) In addition to the employment of employees set forth on Schedule 3, Manager may, in its discretion, from time to time employ personnel of its general operations to perform direct special services for the benefit of the Project; provided, however, that Manager shall obtain the prior approval of Owner for the employment of such special personnel, except in emergency situations or when timing requirements do not allow for such prior approval. Owner shall reimburse Manager for such direct services rendered by special personnel in an amount commensurate with normal and customary charges for such services by similarly qualified persons. Persons whose compensation may not be charged to Owner for services rendered to the Project includes the general asset management personnel of Manager who are not on-site of the Project.

  • Payment of Compensation Consultant shall submit to City a monthly itemized statement which indicates work completed and hours of Services rendered by Consultant. The statement shall describe the amount of Services and supplies provided since the initial commencement date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement. City shall, within 30 days of receiving such statement, review the statement and pay all approved charges thereon.

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