Common use of Reporting Total Compensation of Recipient Executives Clause in Contracts

Reporting Total Compensation of Recipient Executives. 1. Applicability and what to report. You must report total compensation for each of your five most highly compensated executives for the preceding completed fiscal year, if— i. the total Federal funding authorized to date under this award is $25,000 or more; ii. in the preceding fiscal year, you received— (A) 80 percent or more of your annual gross revenues from Federal procurement contracts (and subcontracts) and Federal financial assistance subject to the Transparency Act, as defined at 2 C.F.R. 170.320 (and subawards); and (B) $25,000,000 or more in annual gross revenues from Federal procurement contracts (and subcontracts) and Federal financial assistance subject to the Transparency Act, as defined at 2 C.F.R. 170.320 (and subawards); and iii. The public does not have access to information about the compensation of the executives through periodic reports filed under section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. §§ 78m(a), 78o(d)) or section 6104 of the Internal Revenue Code of 1986. (To determine if the public has access to the compensation information, see the U.S. Security and Exchange Commission total compensation filings at xxxx://xxx.xxx.xxx/answers/execomp.htm.)

Appears in 1 contract

Samples: Assistance Agreement (Shared Capital Cooperative)

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Reporting Total Compensation of Recipient Executives. 1. a. Applicability and what to report. You Recipients must report total compensation for each of your the five most highly compensated executives for the preceding completed fiscal year, if— i. the 1) The total Federal federal funding authorized to date under this financial assistance award is $25,000 or more; ii. in 2) In the preceding fiscal year, you recipient received— (Aa.) 80 percent or more of your recipient’s annual gross revenues from Federal federal procurement contracts (and subcontracts) and Federal federal financial assistance subject to the Transparency Act, as defined at 2 C.F.R. § 170.320 (and subawards); and (Bb.) $25,000,000 or more in annual gross revenues from Federal federal procurement contracts (and subcontracts) and Federal federal financial assistance subject to the Transparency Act, as defined at 2 C.F.R. § 170.320 (and subawards); and iii. 3) The public does not have access to information about the compensation of the executives through periodic reports filed under section Section 13(a) or 15(d) of the Securities Exchange Act of 1934 1934, 15 U.S.C. 78, (15 U.S.C. §§ 78m(a), 78o(d)) or section Section 6104 of the Internal Revenue Code of 1986. (To determine if the public has access to the compensation information, see the U.S. Security and Exchange Commission total compensation filings at xxxx://xxx.xxx.xxx/answers/execomp.htmat: http//xxx.xxx.xxx/xxxxxxx/xxxxxxx.xxx).)

Appears in 1 contract

Samples: Subrecipient Agreement

Reporting Total Compensation of Recipient Executives. 1. a. Applicability and what to report. You Recipients must report total compensation for each foreach of your the five most highly compensated executives for the preceding completed fiscal year, if— i. the — 1) The total Federal federal funding authorized to date under this award is $25,000 or more; ii. in ; 2) In the preceding fiscal year, you recipients received— (A— a) 80 percent or more of your recipients’ annual gross revenues from Federal federal procurement contracts (and subcontracts) and federal financial assistance subject to the Federal Funding Accountability and Transparency Act(Transparency Act), as defined at 2 C.F.R. 170.320 (and subawards); and b) $25,000,000 or more in annual gross revenues from federal procurement contracts (and subcontracts) and federal financial assistance subject to the Transparency Act, as defined at 2 C.F.R. 170.320 (and subawards); and (Band c) $25,000,000 or more in annual gross revenues from Federal procurement contracts (and subcontracts) and Federal financial assistance subject to the Transparency Act, as defined at 2 C.F.R. 170.320 (and subawards); and iii. The public does not have access to information about the compensation of the executives through periodic reports filed under section Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. §§ 78m(a), 78o(d)) or section Section 6104 of the Internal Revenue Code of 1986. (To See the U.S. Security and Exchange Commission total compensation filings athttp://xxx.xxx.xxx/xxxxxxx/xxxxxxx.xxx. to determine if the public has access to the compensation information, see the U.S. Security and Exchange Commission total compensation filings at xxxx://xxx.xxx.xxx/answers/execomp.htm.)

Appears in 1 contract

Samples: Grant Agreement

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Reporting Total Compensation of Recipient Executives. 1. a. Applicability and what to report. You Recipients must report total compensation for each of your the five most highly compensated executives for the preceding completed fiscal year, if— i. the 1) The total Federal federal funding authorized to date under this award is $25,000 or more; ii. in 2) In the preceding fiscal year, you recipient’s received— (Aa) 80 percent or more of your recipients annual gross revenues from Federal federal procurement contracts (and subcontracts) and Federal federal financial assistance subject to the Transparency Act, as defined at 2 C.F.R. 170.320 (and subawards); and b) $25,000,000 or more in annual gross revenues from federal procurement contracts (and subcontracts) and federal financial assistance subject to the Transparency Act, as defined at 2 C.F.R. 170.320 (and subawards); and (B3) $25,000,000 or more in annual gross revenues from Federal procurement contracts (and subcontracts) and Federal financial assistance subject to the Transparency Act, as defined at 2 C.F.R. 170.320 (and subawards); and iii. The public does not have access to information about the compensation of the executives through periodic reports filed under section Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. §§ 78m(a), 78o(d)) or section Section 6104 of the Internal Revenue Code of 1986. (To determine if the public has access to the compensation information, see the U.S. Security and Exchange Commission total compensation filings at xxxx://xxx.xxx.xxx/answers/execomp.htm.)

Appears in 1 contract

Samples: Grant Agreement

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