PAYMENT OF WAGES AND OTHER COMPENSATION Sample Clauses

PAYMENT OF WAGES AND OTHER COMPENSATION. Executive acknowledges --------------------------------------- that he has received payment for all wages, salary, bonuses, vacation pay, and all other compensation owed by Releasees.
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PAYMENT OF WAGES AND OTHER COMPENSATION. Kwon acknowledges that he has been paid for all of his wages, performance bonuses and his accrued and unused vacation time through the date this Agreement, his last day of work. Kwon also acknowledges receipt of all other payments due under the Employment Agreement and any prior agreements with Axesstel, including specifically all performance-based compensation and any severance obligations. Axesstel agrees to reimburse Kwon for any business expenses incurred, but not yet reimbursed, in accordance with Axesstel’s standard reimbursement policies.
Sample 1
PAYMENT OF WAGES AND OTHER COMPENSATION. Xxxxxxxxxxx acknowledges that he has been paid for all of his wages, performance bonuses, expenses and his accrued and unused vacation time through the date of this Agreement, which is Xxxxxxxxxxx’x last day of work.
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PAYMENT OF WAGES AND OTHER COMPENSATION. IRC has paid or made provision for the payment of all salaries and accrued wages, bonuses, deferred compensation, accrued vacation and sick leave, and any other form of accrued, but unpaid, compensation, and has complied in all material respects with all applicable laws, rules and regulations relating to the employment of labor, including those relating to wages, hours, collective bargaining and the payment and withholding of taxes, and has withheld and paid to the appropriate governmental authority, or is holding for payment not yet due to such authority, all amounts required by law or agreement to be withheld from the wages or salaries of its employees. Schedule 2.9 sets forth all such unpaid and accrued amounts.
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PAYMENT OF WAGES AND OTHER COMPENSATION. Accrued Vacation Not Yet Taken ------------------------------ Tim Xxxxxx 3.75 accrued vacation days Kris Xxxxx 2.50 accrued vacation days Lee Xxxxx 2.50 accrued vacation days Tim Xxxxxxx 2.50 accrued vacation days Tim Xxxxxxx 0.00 accrued vacation days Greg Xxxxxx 2.00 accrued vacation days Matt Fury 2.00 accrued vacation days Pay Period ends on the fifteenth (15th) day of each month, so IRC employees will transfer to HomeCom's payroll as of April 16, 1998. Schedule 2.10 Certain Changes None. Schedule 2.11 Material Contracts None. Schedule 2.12(a) Owned Property See attached. Schedule 2.12(b) Liens None. Schedule 2.12(c) Leased Property None. Schedule 2.15 Intellectual Property Tradenames Certificates Direct, Market Match, Agent Pro, Employee Pro, Web Pro, and Job Pro, none of which has been registered with the Federal or any State Trademark Office. Schedule 3.5 HomeCom Stock Information Schedule 3.8 HomeCom Litigation None. 37 EXHIBIT A Higham Employment Agreement See attached. EXHIBIT B IRC Action by Unanimous Consent
Sample 1
PAYMENT OF WAGES AND OTHER COMPENSATION. Xxxxxxxx represents and agrees that she has been paid all of her normal and customary wages for services rendered during her employment with Marathon or its subsidiaries, as well as all bonuses (except for her annual cash bonus for 2017), accrued but unused vacation, and any other compensation or benefits due as a result of her employment with Marathon or its subsidiaries. Notwithstanding the foregoing, this Agreement does not waive Xxxxxxxx’x entitlement (a) to vested benefits under the qualified and non-qualified employee retirement plans of Marathon Oil Company pursuant to the terms of such plans, (b) to vesting and payout of performance units following retirement (subject to the discretion of the Compensation Committee of Marathon’s Board of Directors as provided in the applicable award agreements), (c) to exercise vested stock options in accordance with their terms, (d) to receive an annual cash bonus for 2017 (which bonus shall not be pro-rated and shall be paid based upon the performance achieved by Marathon for 2017), (e) to reimbursement of eligible expenses under Marathon’s Executive, Tax, Estate and Financial Planning Program, or (f) to “COBRA” continuation coverage or retiree medical coverage under Marathon’s group health plans.
Sample 1
PAYMENT OF WAGES AND OTHER COMPENSATION. Xxxx represents and agrees that he has been paid all of his normal and customary wages for services rendered during his employment with Marathon or its subsidiaries, as well as all bonuses, accrued but unused vacation, and any other compensation or benefits due as a result of his employment with Marathon or its subsidiaries. Notwithstanding the foregoing, this Agreement does not waive Xxxx’x entitlement to vested benefits under the qualified and non-qualified employee retirement plans of Marathon Oil Company pursuant to the terms of such plans, or to “COBRA” continuation coverage under Marathon’s group health plans.
Sample 1
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PAYMENT OF WAGES AND OTHER COMPENSATION. Xxxxxxxxx represents and agrees that he has been paid all of his normal and customary wages for services rendered during his employment with Marathon or its subsidiaries, as well as all bonuses, accrued but unused vacation, and any other compensation or benefits due as a result of his employment with Marathon or its subsidiaries. Notwithstanding the foregoing, this Agreement does not waive Xxxxxxxxx’x entitlement to vested benefits under the qualified and non-qualified employee retirement plans of Marathon Oil Company pursuant to the terms of such plans, or to “COBRA” continuation coverage under Marathon’s group health plans.
Sample 1

Related to PAYMENT OF WAGES AND OTHER COMPENSATION

  • Salary and Other Compensation As compensation for the services to be rendered by the Employee to the Company pursuant to this Agreement, the Employee shall be paid the following compensation and other benefits:

  • Servicing and Other Compensation The Servicer, as compensation for its activities hereunder, shall be entitled to receive, on or prior to each Distribution Date, the amounts provided for as the Servicing Fee and as reimbursement for Nonrecoverable Advances, Servicing Advances and reimbursement for Advances, all as specified by Section 5.09. The amount of compensation or reimbursement provided for shall be accounted for on a Mortgage Loan-by-Mortgage Loan basis. Additional servicing compensation in the form of assumption fees, prepayment fees and late payment charges shall be retained by the Servicer, to the extent permitted by applicable law. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder (including the fees and expenses of the Trustee and any Sub-Servicer) and shall not be entitled to reimbursement therefor except as specifically provided in Sections 5.09 and 5.21.

  • COMPENSATION AND OTHER FEES As compensation for the services provided by Xxxxxx xxxxxxxxx, the Company agrees to pay to Xxxxxx: (A) The fees set forth below with respect to the Placement: 1. A cash fee payable immediately upon the closing of the Placement and equal to 6% of the aggregate gross proceeds raised in the Placement. Additionally, a cash fee payable within 48 hours of (but only in the event of) the receipt by the Company within 12 months of the Closing Date of any proceeds from the exercise of the Warrants sold in the Placement that are solicited by the Placement Agent and otherwise in compliance with Financial Industry Regulatory Authority (“FINRA”) Rule 5110 equal to 5% of the aggregate cash exercise price received by the Company upon such exercise, if any (the “Warrant Solicitation Fee”), provided, however, the Warrant Solicitation Fee shall be reduced (before any reduction to the Xxxxxx Warrants described in the last sentence of Section A.2 below or any reduction to the expense reimbursement to Xxxxxx in Section B below) to the extent (and only to the extent) that Xxxxxx’x aggregate compensation for the Placement, as determined under FINRA Rule 5110, would otherwise exceed 8%. Such determination of the actual Warrant Solicitation Fee shall be made promptly following completion of the Placement and communicated in writing to the Company. 2. Such number of warrants (the “Xxxxxx Warrants”) to be issued to Xxxxxx or its designees at the Closing to purchase shares of Common Stock equal to 5% of the aggregate number of Shares sold in the Placement. The Xxxxxx Warrants shall have the same terms as the Warrants (if any) issued to the Purchasers in the Placement except that the exercise price shall be at least 125% of the public offering price per share, but in any event not less than the Warrant exercise price, and the expiration date shall be November 27, 2012. The Xxxxxx Warrants shall not have antidilution protections or be transferable for six months from the date of the Offering except as permitted by FINRA Rule 5110, and further, the number of Shares underlying the Xxxxxx Warrants shall be reduced if necessary to comply with FINRA rules or regulations. Such determination of the actual number of Shares underlying the Xxxxxx Warrants shall be made promptly following completion of the Placement and communicated in writing to the Company. (B) The Company also agrees to reimburse Xxxxxx’x expenses (with supporting invoices/receipts) up to a maximum of 0.8% of the aggregate gross proceeds raised in the placement, but in no event more than $30,000 and only in the event the Placement has been consummated. If payable, such reimbursement shall be paid immediately upon the closing of the Placement.

  • Compensation and Other Benefits Subject to the provisions of this Agreement, the Company shall pay and provide the following compensation and other benefits to the Executive during the Term as compensation for services rendered hereunder:

  • Fees, Expenses and Other Payments (a) Except as otherwise provided in this Agreement, all costs and expenses, including, without limitation, fees and disbursements of counsel, financial advisors and accountants, incurred by the parties hereto shall be borne solely and entirely by the party which has incurred such costs and expenses (with respect to such party, its "Expenses"); provided that, except in the event that the payment provided in Section 8.5(b) becomes payable, if DOCP breaches any material term of this Agreement or if the Merger is not consummated, and this Agreement is thereafter terminated, and within one year of the date of such termination DOCP enters into an agreement respecting an Alternative Transaction, DOCP shall pay the reasonable fees and expenses of one firm of legal counsel advising the Management Investor, up to $50,000, plus 50% of any such fees in excess of $50,000, for the benefit of the Management Investor in connection with the transactions contemplated hereby. (b) If (i) this Agreement shall be terminated by Buyer pursuant to Section 8.1(e) or by Buyer or DOCP pursuant to Section 8.1(f), or (ii) (A) after the date of this Agreement any person or "group" (within the meaning of Section 13(d)(3) of the Exchange Act) shall have publicly made a proposal with respect to an Alternative Transaction, (B) the Offer shall have remained open until at least the scheduled expiration date immediately following the date such proposal is made, (C) the Minimum Condition shall not have been satisfied at the expiration of the Offer and (D) this Agreement shall thereafter be terminated pursuant to Section 8.1(d), then DOCP shall pay to Buyer $3,000,000 plus all Expenses of Buyer, CSX, NSC and the Management Investor as promptly as practicable but not later than two business days after termination of this Agreement (unless required simultaneously with termination under Section 8.1(f)) by wire transfer of immediately available funds to an account designated by Buyer.

  • Insurance and Other Benefits During the Employment Period, the Executive and the Executive’s dependents shall be entitled to participate in the Company’s insurance programs and any ERISA benefit plans, as the same may be adopted and/or amended from time to time (the “Benefits”). The Executive shall be entitled to paid personal days on a basis consistent with the Company’s other senior executives, as determined by the Board. The Executive shall be bound by all of the policies and procedures established by the Company from time to time. However, in case any of those policies conflict with the terms of this Agreement, the terms of this Agreement shall control.

  • Vacation and Other Leave During the Period of Employment, the Executive shall accrue and be entitled to take paid vacation in accordance with the Company’s vacation policies in effect from time to time, including the Company’s policies regarding vacation accruals; provided that the Executive’s rate of vacation accrual during the Period of Employment shall be no less than three (3) weeks per year. The Executive shall also be entitled to all other holiday and leave pay generally available to other executives of the Company.

  • Vacation and Other Benefits Each Contract Year, Executive shall be entitled to four (4) weeks of paid vacation in accordance with Employer’s applicable policies and procedures for executive-level employees. Executive shall also be eligible to participate in and receive the fringe benefits generally made available to other executive-level employees of Employer in accordance with and to the extent that Executive is eligible under the general provisions of Employer’s fringe benefit plans or programs; provided, however, that Executive understands that these benefits may be increased, changed, eliminated or added from time to time during the Term as determined in Employer’s sole and absolute discretion.

  • Fees and Other Charges (a) The Borrower will pay a fee on each outstanding Letter of Credit requested by it, at a per annum rate equal to the Applicable Margin then in effect with respect to Eurocurrency Loans under the Revolving Facility (minus the fronting fee referred to below), on the face amount of such Letter of Credit, which fee shall be shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date; provided that, with respect to any Defaulting Lender, such Lender’s ratable share of any letter of credit fee accrued on the aggregate amount available to be drawn on any outstanding Letters of Credit during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such Lender’s ratable share of any letter of credit fee shall otherwise have been due and payable by the Borrower prior to such time; provided further that any Defaulting Lender’s ratable share of any letter of credit fee accrued on the aggregate amount available to be drawn on any outstanding Letters of Credit shall accrue for the account of the Borrower so long as such Lender shall be a Defaulting Lender. In addition, the Borrower shall pay to each Issuing Lender for its own account a fronting fee on the aggregate face amount of all outstanding Letters of Credit issued by it to the Borrower separately agreed to by the Borrower and such Issuing Lender (but in any event not to exceed 0.25% per annum), payable quarterly in arrears on each Fee Payment Date after the issuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each Issuing Lender for costs and expenses agreed by the Borrower and such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit requested by the Borrower.

  • Payments Fees and Other General Provisions Section 3.1.

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