RETURN COMPENSATION PAYMENTS Sample Clauses

RETURN COMPENSATION PAYMENTS. The contents of this section are in Exhibit G to the Lease Agreement. SCHEDULE 5 NOTICE AND ACCOUNT INFORMATION LESSOR ADDRESS: Xxxxx Fargo Bank Northwest, N.A., as owner trustee c/o Aircastle Advisor LLC, as Servicer 000 Xxxxx Xxxxxxxx Xxxxx 0xx Xxxxx Xxxxxxxx XX 00000 Attention: Lease Management Telephone: +(000) 000-0000 Facsimile: +0 (000) 000-0000 Electronic mail: xxxxxxxxxxxxxxx@xxxxxxxxx.xxx LESSOR ACCOUNT (Rent—Periodic and Reserves and Return Compensation Payments) To be advised to Lessee prior to the Delivery Date LESSOR ACCOUNT (Security Deposit and all other payments) Bank: Bank of America ABA No.: 000000000 Account Number: 003926083111 Account Name: Aircastle Advisor LLC Reference: SAA A330 LESSEE ADDRESS: South African Airways (Pty) Ltd. Private Xxx X00 XX Xxxxx Xxxxxxxxxxxxx Xxxxxxx Xxxxxxxxxxxx Gauteng 1627 South Africa Attention: General Counsel Telephone: +00 00 000 0000 Facsimile: +00 00 000 0000 LESSEE ACCOUNT: To be advised to Lessor prior to the date any payments to Lessee become due. SCHEDULE 6 TAX MATTERS
Sample 1
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Related to RETURN COMPENSATION PAYMENTS

  • Compensation Payable If the Servicer shall resign or be terminated, the Servicer shall continue to be entitled to all accrued and unpaid compensation payable to the Servicer through the date of such termination as specified in Section 4.09 of this Agreement.

  • Separation Payments Following Executive’s separation from service with Company on or after his Vesting Date (as defined in Section 7), Company shall pay to Executive the sum of THIRTY-FOUR THOUSAND TWO HUNDRED SEVEN and 04/100 Dollars ($34,207.04) per month, beginning six months and one week after Executive’s date of separation for a period of ten (10) years, or until Executive’s death, whichever first occurs (the “Separation Payments”). Such payments shall be subject to any and all applicable withholding, Social Security, employment, income and other taxes or assessments, if any, under the applicable tax law. If Executive should die during the ten-year period during which payments are being made under this Paragraph 3, then those payments shall terminate and future payments, if any, shall be made to Executive’s designated beneficiary(ies) or Executive’s estate in accordance with the provisions of Paragraph 4 of this Agreement.

  • Compensation Benefits In consideration of Executive's services hereunder, the Company shall provide Executive the following:

  • Separation Payment Except with respect to the Accrued Benefits as defined in the Employment Agreement, if you sign this Agreement, agreeing to be bound by the General Release in Paragraph 3 below and the other terms and conditions of this Agreement described below, and comply with the requirements of this Paragraph 2 (other than the Accrued Benefits), you will receive the compensation and benefits as contemplated by the Employment Agreement. You will not be eligible for the payment and benefits described in this Paragraph 2 unless: (i) you sign this Agreement no later than twenty-one (21) days after you receive it, promptly return the Agreement to the Company after you sign it, and do not timely revoke it; and (ii) you have returned all Company property and documents in accordance with Paragraph 15 below.

  • Cash Compensation The Company shall pay to the Executive compensation for his services during the Contract Period as follows:

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Incentive Payments (i) Amount in the Event of a Termination Pursuant to Sections 7(a) or 7(c). In the event of a termination pursuant to Sections 7(a) or 7(c) of this Agreement, Employee shall be offered the opportunity to receive Incentive Payments in a total amount equal to 0.500 times the sum of Employee’s most recent annual base salary and target bonus, payable in equal installments on the same pay schedule in effect at the time of termination over a period of twelve (12) months from the date of termination.

  • Retention Payments (a) In the event that Executive is employed by the Company on January 1, 2002, Executive shall be entitled to a lump sum cash retention payment equal to 150% of the sum of (i) Executive's Base Salary and (ii) Executive's target annual bonus, each as in effect for the 2001 fiscal year (such sum, the "2002 Retention Bonus").

  • Compensation Benefits Etc During the Employment Period, the Manager shall be compensated as follows:

  • Bonus Compensation The Executive shall not receive any bonus payment whatsoever pursuant to Section 3.02 or the Bonus Plan except such bonus which is already earned and due to be paid up to and including the Termination Date, notwithstanding any period following the Termination Date during which the Executive may receive any payments or benefits under the terms of the Agreement.

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