Payment to Participant Sample Clauses

Payment to Participant. In accordance with the terms specified in the Amplifon Materials, Amplifon shall pay Participant all amounts as specified in Section 3 of this Agreement, Amplifon Materials, or as otherwise determined by Amplifon. Amplifon shall ensure that claims for which it is financially responsible relating to services furnished by Participant under a Medicare Advantage Plan are processed (i.e., paid or denied) within no more than sixty (60) days after Amplifon receives the claim, unless other terms or a different timeframe is required by CMS. Participant shall accept the amounts specified in this Section 3 of this Agreement, Amplifon Materials, or as otherwise determined in writing by Amplifon, as full payment for Covered Service provided to Members.
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Payment to Participant. Participant will be paid $147.00 for each acre foot of Participant’s stored water enrolled in the Stored Water Program and released from storage. In the event that the $147.00 per acre foot price does not result in sufficient participation in the Program, and the District receives approval for a higher price per acre foot as provided in the Grant Agreement, Participant will be paid the higher price per acre foot. The payment will be made by the District to Participant within 30 days after the District receives payment in full under the Grant Agreement from NFWF. Participant understands and agrees that the Stored Water Program is funded solely by a grant from NFWF. The expenditure or advance of any money for the performance of any obligation of the District under this Agreement shall be contingent upon its receipt of such funds. No liability shall accrue to the District in the event NFWF fails to provide said funds. If the District determines that it does not have and will not receive from NFWF adequate funding to make the payment described above, it shall endeavor to promptly notify Participant of all others participating in the Stored Water Program. Said notice may be delivered orally, directly to Participant, or by written notice delivered to Participant as set forth herein, and the obligations of the parties under this Agreement shall immediately terminate.
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Payment to Participant. Under those circumstances where the Program Standards provide for reimbursement of the Rebate amount to the Participant, Participant shall receive the Rebate payment from FPL for eligible energy saving improvements performed under the Program as follows: 6.1 Participant shall, depending upon the Program under which Participant performed the work, either (i) accept a signed Rebate Certificate(s) provided by the FPL customer, in the amounts specified in the applicable Program Standards, or (ii) have the FPL customer execute a Rebate Certificate(s) provided by the Participant, in the amounts specified in the applicable Program Standards. Participant will not be entitled to payment on Rebate Certificate(s) unless the FPL customer has in fact received full credit for the amount of the Rebate Certificate(s) and the FPL customer is billed the entire contract price less the amount shown on the Rebate Certificate(s). 6.2 Participant shall collect from the FPL customer for the work done under the Program an amount equal to the contract price that it has negotiated with the FPL customer less the amount shown on the Rebate Certificate(s) held by the FPL customer. FPL does not participate in the pricing of the Participant’s work with the FPL customer.
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Payment to Participant. In return for the promises made herein, the sufficiency of which Participant acknowledges, the Company shall provide Participant with the following severance benefits after the Date of Termination, provided that Participant signs this Agreement, and, on or about the Date of Termination, signs and does not rescind the Release Agreement attached as Exhibit A: a. A lump sum payment of two million dollars ($ 2,000,000.00) payable within fifteen days of the date upon which the Release Agreement becomes irrevocable; b. The Company shall, at its sole expense as incurred, make available for use by the Participant outplacement services the scope and provider of which shall be selected by the Participant in his sole discretion (but at a cost to the Company of not more than $30,000); c. For a period of two and one-half years following the Date of Termination, the Participant and his family shall be provided with medical, vision and dental benefits as if the Participant’s employment had not been terminated; d. The Company shall continue to provide the Participant with financial planning counseling benefits through the second anniversary of the Date of Termination, on the same terms and conditions as were in effect immediately before the termination or, if more favorable, on the Effective Date. Payments subject to tax withholding will be less applicable withholdings.
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Payment to Participant. HOMELINK will pay Participant for Covered Services in accordance with rates established in the HHC Resource Manual. Payment will occur after HOMELINK is paid by a third party or the Member. It may be required that HOMELINK collect all Member portions due directly from the Member. In no event may Participant or Providers xxxx the Member for the difference between normal billed charges and agreed upon HOMELINK reimbursement.
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Payment to Participant. The Company shall make payment to the Participant with respect to his or her Phantom Units in accordance with, and subject to, the terms and conditions set forth in the Plan.
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Payment to Participant. (1) The Corporation shall, as soon as possible after the grant of the Unvested Shares, cause the transfer agent and registrar of the Shares either to: (a) deliver to the Participant a certificate in the name of the Participant representing in the aggregate such number of Shares as the Participant shall then be entitled to receive; or (b) in the case of Unvested Shares issued in uncertificated form, cause the issuance of the aggregate number of Unvested Shares as the Participant shall then be entitled to receive to be evidenced by a book position on the register of the shareholders of the Corporation maintained by the transfer agent and registrar of the Shares. (2) Each certificate representing Unvested Shares shall bear the following legend, as amended to reflect the restrictions and/or vesting conditions placed upon the Shares as the Board may determine at the time of grant: “THE SECURITIES REPRESENTED HEREBY ARE SUBJECT TO RESTRICTIONS IN ACCORDANCE WITH THE CORPORATION’S OMNIBUS INCENTIVE PLAN AND AN UNVESTED SHARE AGREEMENT DATED ●. THE SECURITIES REPRESENTED HEREBY MAY NOT BE TRANSFERRED UNTIL ●.” (3) Unless the Board shall otherwise determine, (a) uncertificated Unvested Shares shall be accompanied by a notation on the records of the Corporation or the transfer agent to the effect that they are subject to forfeiture until such Unvested Shares are vested as provided in Section 3.3(4) below; and (b) certificated Unvested Shares shall remain in the possession of the Corporation until such Unvested Shares have vested as provided in Section 3.3(4) below, and the Participant shall be required, as a condition of the grant of such Unvested Shares, to deliver to the Corporation such instruments of transfer as the Board may prescribe. (4) The Board, at the time of grant, shall specify the date or dates and/or the restrictions and vesting conditions on which the nontransferability of the Unvested Shares and the Corporation’s right of repurchase or forfeiture shall lapse. Subsequent to such date, or dates and/or the attainment of the restrictions and vesting conditions, the Unvested Shares for which all restrictions have lapsed shall no longer be Unvested Shares and shall be deemed “vested”.
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Related to Payment to Participant

  • Participant See Section 7(a) hereof.

  • Deferral Election A Participant may elect to defer all or a specified percentage of the Compensation earned in a Plan Year by such Participant for serving as a member of the Board of any Participating Fund or as a member of any committee or subcommittee thereof. Reimbursement of expenses of attending meetings of the Board, committees of the Board or subcommittees of such committees may not be deferred. Such election shall be made by executing before the first day of such Plan Year such election notice as the Administrator may prescribe; provided, however, that upon first becoming eligible to participate in the Plan by reason of appointment to a Board, a Participant may file a Deferral Election not later than 30 days after the effective date of such appointment, which election shall apply to Compensation earned in the portion of the Plan Year commencing the day after such election is filed and ending on the last day of such Plan Year.

  • Deferral Account Crediting. The Company shall establish a Deferral Account on its books for the Director, and shall credit to the Deferral Account the following amounts:

  • Service Award Named Plaintiff may apply to the Court for a service award of up to ten thousand dollars ($10,000). Subject to the Court’s approval, the service award shall be paid from the Settlement Fund ten (10) days after the Effective Date.

  • Pre-Retirement Death Benefit (a) Normal form of payment. If (i) the Director dies while employed by the Bank, and (ii) the Director has not made a Timely Election to receive a lump sum benefit, this Subsection 4.1(a) shall be controlling with respect to pre-retirement death benefits. The balance of the Director=s Retirement Income Trust Fund, measured as of the later of (i) the Director=s death, or (ii) the date any final lump sum Contribution is made pursuant to Subsection 2.1(b), shall be annuitized (using the Interest Factor) into monthly installments and shall be payable for the Payout Period. Such benefits shall commence within thirty (30) days of the date the Administrator receives notice of the Director=s death. Should Retirement Income Trust Fund assets actually earn a rate of return, following the date such balance is annuitized, which is less than the rate of return used to annuitize the Retirement Income Trust Fund, no additional contributions to the Retirement Income Trust Fund shall be required by the Bank in order to fund the final benefit payment(s) and make up for any shortage attributable to the less-than-expected rate of return. Should Retirement Income Trust Fund assets actually earn a rate of return, following the date such balance is annuitized, which is greater than the rate of return used to annuitize the Retirement Income Trust Fund, the final benefit payment to the Director=s Beneficiary shall distribute the excess amounts attributable to the greater-than-expected rate of return. The Director=s Beneficiary may request to receive the unpaid balance of the Director=s Retirement Income Trust Fund in a lump sum payment. If a lump sum payment is requested by the Beneficiary, payment of the balance of the Retirement Income Trust Fund in such lump sum form shall be made only if the Director=s Beneficiary notifies both the Administrator and trustee in writing of such election within ninety (90) days of the Director=s death. Such lump sum payment shall be made within thirty (30) days of such notice. The Director=s Accrued Benefit Account (if applicable), measured as of the later of (i) the Director's death or (ii) the date any final lump sum Phantom Contribution is recorded in the Accrued Benefit Account pursuant to Subsection 2.1(c), shall be annuitized (using the Interest Factor) into monthly installments and shall be payable to the Director's Beneficiary for the Payout Period. Such benefit payments shall commence within thirty (30) days of the date the Administrator receives notice of the Director=s death, or if later, within thirty (30) days after any final lump sum Phantom Contribution is recorded in the Accrued Benefit Account in accordance with Subsection 2.1(c).

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Eligible Employee For purposes of the SIMPLE 401(k) Plan provisions, any Employee who is entitled to make Elective Deferrals under the terms of the SIMPLE 401(k) Plan.

  • PAYMENT OF DEATH BENEFIT The Company will require due proof of death before any death benefit is paid. Due proof of death will be:

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

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