Service Payment. Class Counsel will file a motion requesting a service payment to XxXxxxxxx not to exceed $10,000. Defendants will take no position regarding this request, provided the request made to the Court is consistent with this Section. As soon as practicable following the Effective Date, the Settlement Administrator will pay from the Settlement Amount any service payment awarded by the Court.
Service Payment. 11.1 In consideration of the proper performance by the Supplier of the Supplier’s obligations under this Contract the Service Payment shall be paid to the Supplier in accordance with Schedule 7.
Service Payment. One-time payment to Plaintiff as set forth in Section 2.1.3
Service Payment a) Employees engaged prior to the signing of the 1998 Enterprise Agreement, in addition to the minimum rates of wages prescribed by the said Agreement or any Agreement varying or replacing the same, the Council shall pay as wages to:
Service Payment. A service payment of three weeks ordinary time wages for each year of service and pro rata for part years. For example: Up to 12 mths service 3 weeks wages After 2.5 years 7.5 weeks wages After 5 years 15 weeks wages After 8 years 8 months 26 weeks wages After 13 years 39 weeks wages After 17 years 51 weeks wages The maximum service payment under this policy shall be one year’s ordinary time wages. The minimum service payment to any employee retrenched shall be 3 weeks wages.
Service Payment. For providing services to the Company following the Sale, the Executive shall receive a lump sum cash payment in the amount of $65,213.77 (the “Service Payment”). The Service Payment will be paid to the Executive as soon as practicable following the beginning of the Term, but in no event later than thirty (30) days following the beginning of the Term.
Service Payment. Class Counsel intends to request a Service Payment for 2 Plaintiff. Class Counsel may seek a service payment not to exceed $3,500. Plaintiff agrees to submit a 3 Claim Form to participate in the Class Settlement. Any Service Payment would be in addition to the 4 Class Representative’s Individual Settlement Payment.
Service Payment. Plaintiff may apply to the Court for an award of Service Payment of $10,000. Any Service Payment awarded by the Court shall be paid by the Settlement Administrator from the Settlement Fund.
Service Payment. The Bank shall pay the Executive $5,700,000 (the “Service Payment”) as consideration for the Executive’s (i) employment by the Bank for the one-year period following the Transaction (the “Retention Period”) and (ii) compliance with the restrictive covenants set forth in Sections 5 and 6 of the Agreement for the three-year period commencing upon the Executive’s termination of employment on the earlier of (x) the expiration of the Retention Period and (y) if the employment of the Executive terminates for any reason during the Retention Period, other than by the Bank for Cause (as defined in Section 8(b)) or by the Executive without Good Reason (as defined in Section 8(c)), the effective date of such termination of employment (the “Non-Competition Period” and, together with the Retention Period, the “Relevant Period”). Subject to compliance with the restrictive covenants set forth in Sections 5 and 6(a), the Service Payment shall vest and be paid in quarterly installments commencing on the three-month anniversary of the Effective Date and ending on the four-year anniversary thereof. For the avoidance of doubt, the Service Payment shall be in addition to any payments made to the Executive by C1 pursuant to the Change of Control Agreement entered into between the Executive and C1, dated as of November 9, 2015.
Service Payment. The Service Payment for a nominated month m (SPm) shall be calculated as follows: SPm = (Σs CM * SF/SM * MP) Where: Σs is the summation for each Flexible Unit s; CM is the Flexible MW (expressed in MW); SF is the Service Fee administered by the Company (expressed in £/MW/year); SM is the total number of months for which flexibility services are required (across winter and summer delivery seasons) in a service year as set out in Schedule 2; MP is the monthly performance factor, as calculated from the below table: If DP is… MP = ≥ 90% 1 < 90% AND ≥ 80% 0.8 < 80% AND ≥ 70% 0.7 < 70% AND ≥ 60% 0.6 < 60% 0 DP is the delivery performance in the month calculated as (Σs Σi CD / Σs Σi ED), where ED is zero, take the average of DP for the two most recent months where ED was not zero; Σi is the summation for each Metered Time Period i in a Service Period during month m that Flexible Unit s was the subject of a scheduled Utilisation Instruction; CD is the capped energy delivered for Flexible Unit s over Metered Time Period i (expressed in MWh) and is calculated: CD = Σs Σi Max(Min((AM - BL)*DI, ED),0) AM is the average metered export for Flexible Unit s over Metered Time Period i (expressed in MW, imports are negative); BL is the Baseline for Flexible Unit s for Metered Time Period i (expressed in MW, imports are negative); DI is the number of hours within each Metered Time Period; ED is the expected delivery for Flexible Unit s over Metered Time Period i (expressed in MWh), where ED = CM * DI Payment mechanism Payment may be made by BACS where agreed with the Provider. All invoices should reference the statement number and be sent to: Accounts Payable XX Xxx 0000 Xxxxxxx XX00 0XX SCHEDULE SIX - BASELINE METHODOLOGY Default Baseline
