Payment and Services. During the Advisory Period, the Company shall pay to Executive an annual compensation equal to one-half of his Salary during the last twelve month period of Executive’s employment (“Advisory Compensation”), to be paid in equal monthly installments on the fifteenth (15th) day of each month. While receiving such Advisory Compensation, Executive shall, at all reasonable times, to the extent his physical and mental condition permits, be available to consult with and advise the Company’s officers, directors and other representatives. If Executive’s physical or mental condition prevents him from fulfilling his consulting or advisory duties, Executive shall still be entitled to the Advisory Compensation during the entire Advisory Period. The parties agree that this advice and counsel shall not entail full time service and shall be consistent with Executive's retirement status
Payment and Services. During the Advisory Period, the Company shall pay to Employee an annual compensation equal to one-half of his Executive Salary during the last 12-month period of his employment ("Advisory Compensation"), to be paid in equal monthly installments on or about the middle of each month. While receiving such Advisory Compensation, Employee shall at all reasonable times, to the extent his physical and mental condition permits, be available to consult with and advise the Company's officers, directors and other representatives. If Employee's physical or mental condition prevents him from fulfilling his consulting or advisory duties, he shall still be paid the Advisory Compensation during the entire Advisory Period.
Payment and Services. (a) In consideration for your release set forth in paragraph 3 of this Agreement and your obligations hereunder, Student Advantage shall pay you a salary continuance until the Termination Date, unless sooner terminated for cause at your annualized salary rate of $170,000 (One Hundred Seventy Thousand Dollars). The severance pay will be paid in accordance with Company policy and will be net of all customary deductions and withholdings (such as, taxes, required deductions and insurance costs, your 401(k) plan contributions), and shall commence with the Company's first regular payroll cycle following the Effective Date.
(b) Until the Termination Date, you will pursuant to the terms of this Agreement devote your time and efforts to transition activities attendant to your responsibilities as CFO of the Company and such other projects and responsibilities assigned to you by the Company's CEO that are consistent with your prior responsibilities. Unless sooner terminated for "cause" as defined below, you will continue to be considered an employee of the Company through the Termination Date with all Company-benefits provided to Company employees (other than eligibility for bonuses, profit sharing, or 401(k) plan Company matching after the date hereof), provided that additional vacation and sick time or personal days shall not accrue after date hereof. Upon the Termination Date or at the Company's earlier request, you will tender your written resignation from all offices and positions held with the Company and any of its affiliates and subsidiaries or as a signatory or authorized person under any depository accounts (provided that such resignations shall not affect your rights to continue to receive payment during the period set forth in paragraph 1, above or other rights or obligations hereunder). As of the first to occur of the Termination Date or the date of your resignation, you will no longer be considered an "executive officer" of the Company within the meaning of Rule 3b-7 under the Securities Exchange Act of 1934, as amended (the "EXCHANGE ACT"), although you may have certain reporting obligations under Section 16 of the Exchange Act and the rules and regulations promulgated thereunder. It is contemplated that, upon the Company's request, you will cause to be signed all reports, filings, and registration statements due or filed prior to the Terminate Date, which are true and correct in all material respects in the same manner as if the parties had not agreed...
Payment and Services. 2.1 Except as otherwise provided by the provisions of the Contract, the payment method will be one or more of the following:
Payment and Services. 2.1 In consideration for the payment of the Fees calculated correctly in accordance with the Price stated on the Order completed by the Customer, Amicus Networks agrees to provide the Services upon and subject to the terms of this Agreement.
2.2 All Prices quoted by Amicus Networks shall be valid for thirty (30) days only from the date of the relevant quotation.
2.3 Amicus Networks will invoice the Customer for the Services on a monthly basis, unless otherwise specified on the Order or otherwise agreed in writing by Amicus Networks. The Customer agrees to make payment for the Services in accordance with the payment terms and frequency specified on the Order or, if not so specified, within thirty (30) days of the date of Amicus Networks’s invoice, unless otherwise agreed in writing by Amicus Networks. Payment can be made by bank transfer, CHAPS, BACS or direct debit or any other method of payment agreed in writing by Amicus Networks.
2.4 If Customer fails to pay any invoice which is due and payable under this Agreement, Amicus Networks shall be entitled to:
2.4.1 Suspend the related services, and only reinstate services once payment is made in
2.4.2 Charge a reconnection fee of up to 20% of the annual rental of the related services
2.4.3 Charge interest on a daily basis on the overdue amount and on the outstanding interest from the date of such failure until payment (both before and after judgment) at an annual rate of four per cent (4%) above the base rate for the time being in force of Barclays Bank plc.
2.4.4 Charge the Companies administration costs involved in recovering debt, per invoice.
2.5 Non-delivery or non-performance of services by any third party other than Amicus Networks's sub-contractors shall not give the Customer any right to delay any payment to Amicus Networks or to make any claim whatsoever against Amicus Networks.
2.6 If Amicus Networks does not receive payment in full when due Amicus Networks may terminate this Agreement immediately by written notice to the Customer as regards any Service without further obligation to the Customer.
2.7 For the purposes of this Agreement, time of payment is of the essence.
2.8 Amicus Networks shall be entitled to increase the Price by giving not less than thirty (30) days’ written notice to the Customer in the event that Amicus Networks’s cost of providing the Services is increased due to increases in rent, rates, taxes, service charges and/or utilities, and/or as a result of a change in applicable la...
Payment and Services. A. In consideration of the use of the Office Space during the Term, WAM covenants and agrees to pay to MMRE
(i) Fee calculated as Five Hundred Dollars ($500.00) per WAM loan officer who occupies any of the Premises for more than half of a month, per month. The monthly fee shall be due on the first business day of each calendar month. In the event of a partial month at the beginning or end of this agreement, the monthly fee for the portion of the month shall be prorated (in accordance with the percentage of the number of days this Agreement is in effect during such partial month bears to the number of days in that calendar month).
Payment and Services. In the event of the Executive's early termination during the term of this Agreement as provided in Paragraph 1, the Company shall continue to pay the Executive the annual compensation for twelve months, in the amount of his then current annual salary, as provided for in Paragraph 3(a) ("Severance Compensation Period"), payable as set forth in Paragraph 3(a). During this Severance Compensation Period, the Executive shall at all reasonable times, to the extent his physical and mental condition permits, be available to consult with and advise the Company's officers, Directors and other representatives. Such payments shall be in addition to all other payments required under this Agreement. If the Executive's physical or mental condition prevents him from fulfilling his consulting or advisory duties, he shall nevertheless be paid the Severance Compensation as provided for in this Paragraph 4(a). During the aforesaid period, the Company shall reimburse Executive for all out of pocket travel and expenses related to Company business, provided that such expenses are incurred at the request of the Company.
Payment and Services. LICENSEE will pay Organizer no amount for the use of one license of the Field Wizard (FW) management console and up to 25 licenses of the Field Operator (FO) mobile application, each for a 30 day period. The license period will begin on date of transmission by Organizer of access credentials and conclude on 30 calendar days thereafter (the “Period”).
Payment and Services. Taseko and RMRF acknowledge that:
(a) RMRF is engaged in the business of participating in various resource activities, including oil and gas exploration and/or development and mining activities (including the acquisition of royalty interests in Canadian mineral tenures) and to further such business activities, RMRF wishes to engage Taseko to provide the Services as set forth below in accordance with the terms and conditions of this Agreement:
a. identifying potential (i) mineral tenures owned by Canadian resource companies, in which RMRF may directly or indirectly acquire a royalty interest and/or (ii) oil and gas opportunities in which RMRF may directly or indirectly acquire a working interest;
b. co-ordinating and facilitating arrangements between RMRF and the owners / operators of such resource properties; and
c. providing references to Canadian resource companies when reasonably requested.
(b) In providing the Services, Taseko shall make available the services of senior officers, including its President, together with its Professional Staff, including its contractors and consultants, on a reasonable basis; and
(c) As compensation for Taseko for providing Services and making available the services of its senior officers, including its President, together with its Professional Staff, including its contractors and consultants, RMRF has agreed to pay to Taseko
a. an amount equal to $1,968,034 on September 29, 2004,
b. an amount equal to $5,250,000 on or before December 15, 2004, and
c. an amount equal to $165,000 on or before February 15, 2005 2 General
(a) Each of the parties hereto warrants that it has the capacity to enter into this agreement and perform all its obligations hereunder, that it has been duly authorized to do so by all appropriate actions required of it and that the performance of all of its obligations hereunder will not contravene any laws, regulations or other rules binding upon it
(b) Each of the parties hereto will execute all documents and do all things reasonably required to give effect to the purposes of this agreement forthwith upon its receipt of a request of the other side to do so.
(c) This agreement shall be binding upon the parties hereto as well as their successors and assigns. None of the parties hereto may assign this agreement to any other party, except the right to be paid money and except as necessary to give effect to this agreement, without the consent of the other party hereto, which consent will not be unreasonably ...
Payment and Services. The City agrees to and shall pay to the County funds for the period of October 1, 2010 through September 30, 2012 for the purpose of reimbursing the County for personnel, fringe, and overtime costs incurred while working to assist victims of domestic violence in conjunction with partner agencies of the Austin/Travis County Family Violence Protection Team. Reimbursement will be limited to domestic violence cases investigated by the Team. During the term of this Agreement, City will reimburse the County based on invoices submitted for actual expenses, not to exceed $699,507. This amount may be increased to include reimbursement for Team approved grant funded training. The Family Violence Protection Team Supervisors will determine which Team members will attend grant-funded training during the 2- year grant period. County Team members selected to attend grant-funded training will make their travel arrangements in accordance with the County travel policy. Should the County not have an official travel policy on file and available for review upon request, the County will follow the City of Austin travel policy to complete travel arrangements. A copy of this City policy is available upon request. As a subrecipient and or subawardee of the Xxxxx, Xxxxxx County agrees to adhere to all applicable special conditions listed in the official grant award document (Attachment A). Special conditions 1 – 7 and 14 – 17 are general requirements attached to all federal grants awarded by the Office on Violence Against Women. The City of Austin assumes primary responsibility for special conditions 10 – 13 and 18 – 20; however, the completion of each will require the submission of performance measure data and other program information by Travis County. The Office on Violence Against Women has released special condition 25, while the release of special condition 23 is pending. The City of Austin understands that Travis County will adhere to an accounting basis that complies with State financial laws and the State constitution and follows OMB A-87 and Uniform Grant Management Standards (UGMS). The City of Austin Community-Defined Solutions to Violence Against Women Program approved grant budget includes funding for six County positions and overtime for County Constables. It is the expectation of the Parties that all full and part time team members funded by this grant will represent their respective departments at all meetings of the Family Violence Protection Team. Any changes in ...
