Profit Sharing Sample Clauses

Profit Sharing. Profit sharing, bonuses, or other similar compensation of any kind paid by CM/GC to its employees.

Profit Sharing. Profit sharing, bonuses, or other similar compensation of any kind paid by Design-Builder to its employees.

Profit Sharing. The Department will share in profits realized by Contractor in each fiscal year as specified in Appendix L.

Profit Sharing. The provisions on profit-sharing shall be in accordance with the agreement to be concluded between the Company and the Union.

Profit Sharing. Executive shall be eligible to participate in such -------------- executive bonus programs as Employer may establish from time to time. Under the "Senior Management Bonus Plan" currently in effect, Executive's maximum target annual bonus shall be thirty-five percent (35%) of his base salary for the applicable fiscal year payable pursuant to Section 3.1.

Profit Sharing. 10.1 The Publisher shall pay the Developer the following share of profits as follows: 10.1.1 The Publisher shall retain one hundred percent (100%) of all cash received from any sources until the Publisher has recovered all of Publisher’s reasonable out of pocket costs, including payments made to Developer related to the Product, plus $300,000. Publisher will provide Developer with a detailed accounting of all out of pocket expenses charged to the project. 10.1.2 Once the Publisher has recovered the costs in 10.1.1, the Publisher shall retain sixty five percent (65%) of any remaining monies and pay to Developer thirty five percent (35%). 10.2 Within forty-five (45) days of the Quarter End following the date on which the Publisher first commercially releases a Version of the Product and of every subsequent Quarter End the Publisher shall provide the Developer with a written Profit Statement specifying in sufficient detail (i) amounts spent in satisfaction of the Marketing Guarantee (as defined below) in respect of that quarter; and (ii) the calculations of Cash Receipts and Expenses, and the Profit (if any) due to the Developer in respect of that quarter. Each Profit Statement shall be accompanied by a wire transfer for any monies due, save that if the Publisher is prevented by the law of any country from making payments outside that country it shall be entities to pay the relevant sums to the Developer in that country. All sums payable to Developer pursuant to this Agreement (including the Development Advances and Profits) shall be made in U.S. Dollars. At each Quarter End the Publisher may retain from Profits payable a reserve against returns or other credits in respect of Units sold by the Publisher hereunder in the manner set out in paragraph 10.2.1. 10.2.1 The Publisher will withhold a general reserve against rebates, deductions, price protection, discounts, allowances or refunds for returned, defective or discounted units, exchanges, credits and the like (the “General Reserve”) either: 10.2.1.1 where Publisher is responsible for the above described items, a reserve not to exceed Twenty percent (20%) of Gross Wholesale Sales (“Gross Wholesale Sales” is defined as gross amounts received by Publisher from the sale, distribution or ancillary exploitation attributable to the Product), or 10.2.1.2 where publisher is not responsible for the above described items, in a pro rata amount of any such reserve withheld by Publisher’s Co-Publishers or sub-licensees o...

Profit Sharing. The Executive shall be eligible to participate in the RBSG’s Profit Sharing Scheme, the terms and conditions of which will be made available to the Executive. Any entitlement is calculated by reference to the Executive’s Salary Element.

Profit Sharing. The Executive shall not be entitled to participate in any profit sharing program of Employer, unless otherwise determined by Ultrak's CEO and/or Board of Directors, from time to time.

Profit Sharing. Subject to the terms of this Agreement, ETON shall pay to LMW thirty-five (35%) of the Net Profit, payable on a quarterly calendar basis; provided however, that if during any Calendar Quarter the Net Profits are negative (less than zero) then a negative balance will accrue and will be offset by future milestone or profit share payments owed to LMW. Profit sharing payments, accompanied by a statement reasonably setting forth the basis for the calculation, shall be tendered by ETON to LMW within forty-five (45) days following the end of the Calendar Quarter. Deductions under Net Profits, if any, shall be summarized in reasonable detail with corresponding supporting documentation.

Profit Sharing. Subject to the terms and provisions of this Agreement, except in the event of the earlier termination of this Agreement by the Employer under Section 8(i) within 30 days following a Key Man Event, as of the date (the “Final Date”) which is the earlier of: (i) the date of the occurrence of a Terminating Event or (ii) if Employee continues to be employed hereunder through 11:59 p.m. on July 31, 2016, then at 11:59 p.m. on July 31, 2016, Employee will be entitled to receive from Employer a one-time cash payment (the “Second Profit Sharing Payment”) to be paid 60 days following the Final Date, equal to 7.5% of the Profit (as defined below), minus the Total Benefit Payments. For the avoidance of doubt, Employee and the Employer understand that pursuant to Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations and other guidance thereunder (together, “Code Section 409A”), payment of the Second Profit Sharing Payment will be treated as made upon the 60 th day following the Final Date if the payment is made at such date or at a later date within the same taxable year of Employee or, if later, by the 15 th day of the third calendar month following the 60 th day following the Final Date, provided however that Employee shall not be permitted, directly or indirectly, to designate the taxable year of the payment.