Reasonable Compensation. The term "Reasonable Compensation" shall have the same meaning as provided in Section 280G(b)(4) of the Code.
Reasonable Compensation. [PL 2019, c. 529, §9 (RP).]
Reasonable Compensation. To the extent requested by the Executive, the Company shall cooperate with the Executive in good faith in valuing, and the Accounting Firm shall take into account the value of, services provided or to be provided by the Executive (including, without limitation, the Executive’s agreeing to refrain from performing services pursuant to a covenant not to compete or similar covenant, before, on, or after the date of a “change in ownership or control” of the Company (within the meaning of Q&A-2(b) of the final regulations under Section 280G of the Code)), such that payments in respect of such services may be considered reasonable compensation within the meaning of Q&A-9 and Q&A-40 to Q&A-44 of the final regulations under Section 280G of the Code and/or exempt from the definition of the term “parachute payment” within the meaning of Q&A-2(a) of the final regulations under Section 280G of the Code in accordance with Q&A-5(a) of the final regulations under Section 280G of the Code.
Reasonable Compensation. The Trustee shall be paid reasonable compensation in an amount agreed upon by the Plan Administrator and Trustee. The Trustee also will be reimbursed for any reasonable expenses or fees incurred in its function as Trustee. An individual Trustee who is already receiving full-time pay as an Employee of the Employer may not receive any additional compensation for services as Trustee. The Plan will pay the reasonable compensation and expenses incurred by the Trustee, pursuant to Section 11.4, unless the Employer pays such compensation and expenses. Any compensation or expense paid directly by the Employer to the Trustee is not an Employer Contribution to the Plan.
Reasonable Compensation. Amounts payable under this Article IV for services rendered by Executive during his employment constitute reasonable compensation for such services as provided for under section 280G(b)(4) of the Code. This paragraph C of Article IV does not apply to amounts payable under Article V.
Reasonable Compensation. It is the intent of the parties that the compensation or any other remuneration pursuant to this Agreement or related Purchase Orders or statements of work are not intended to be, nor shall they be construed as, an inducement, payment or benefit of any kind for the referral of patients or business by one party to the other party or to any other third party. It is the intent of the parties that no compensation or remuneration of any kind be paid under this Agreement to encourage, and that no terms of this Agreement require, referral of federal or state healthcare reimbursement program patients or the purchase of items, goods or services payable by any federal or state healthcare reimbursement program. The parties agree that the terms of this Agreement have been negotiated at arm’s length and reflect commercially reasonable terms and fair market value compensation.
Reasonable Compensation. Section 408(b)(2) of the Act and § 2550.408b– 2(a)(3) permit a plan to pay a party in interest reasonable compensation for the provision of office space or services described in section 408(b)(2). Section 2550.408c–2 of these regulations con- tains provisions relating to what con- stitutes reasonable compensation for the provision of services.
Reasonable Compensation. The term Reasonable Compensation shall have the same meaning as provided in Section 280G(b)(4)
Reasonable Compensation. In connection with making determinations under this Section 8, the Accounting Firm shall take into account the value of any reasonable compensation for services to be rendered by the Executive before or after the change of control, including any noncompetition provisions that may apply to the Executive (whether set forth in this Agreement or otherwise), and the Company shall cooperate in the valuation of any such services, including any non-competition provisions.
Reasonable Compensation. It is the intention of the parties that all compensation payable to Executive under this Agreement (including without limitation the Performance Bonuses, the First Option, the Second Option and any severance payments) is reasonable compensation for services to be performed by Executive after the Effective Date within the meaning of Q&A-9 of Proposed Regulations Section 1.280G-1 and shall be treated and reported for federal income tax purposes consistent therewith. Accordingly, notwithstanding any provision of this Agreement to the contrary, neither the Company nor any affiliate of the Company will withhold or report on Executive's Form W-2 any excise taxes under Section 4999 of the Internal Revenue Code of 1986 with respect to any payments to Executive made under this Agreement unless Company's counsel or advisors determine that, due to a change in applicable law or regulation, such treatment would be unreasonable. If any payments made under this Agreement are thereafter determined to be parachute payments subject to the Section 4999 excise tax, Executive shall indemnify Company or any affiliate for any taxes, interest, penalties or additions to tax that Company may be determined to owe as a result of failing to timely withhold or report such excise tax ("Amount Due"). In the event the Amount Due is owed by Company, Executive Shall pay to Company in United States currency the Amount Due within thirty (30) days of being notified by Company in writing.
