SERVICES; FEES AND PAYMENTS A Sample Clauses

SERVICES; FEES AND PAYMENTS A. Beginning on September 1, 1999, (the "effective date"), the CFO will perform, under the title Chief Financial Officer, CFO Services for a total monthly fee of $10,800 (the "Monthly Fee"). B. The CFO will provide CFO Services for four (4) days per week. C. The Company will pay the CFO directly according the Company's normal payroll process a portion of the Monthly Fee equal to $9,000 (the "Salary"); and will pay Tatum the remaining portion of $1,800.00 ("Retainer Fee"). D. If this Agreement commences or concludes other than at the beginning or end of a month, each portion of the Monthly Fee shall be prorated for that month. E. The Company also will pay Tatum the incentive bonus set forth xx Xchedule A. F. The Company will pay all amounts owed Tatum no later than the 15th day of xhe month for which amounts are invoiced. G. The Company will promptly reimburse the CFO for travel and out-of-pocket business expenses.
Sample 1
AutoNDA by SimpleDocs
SERVICES; FEES AND PAYMENTS A. Beginning the Effective Date, the CFO will perform, with the title Acting Chief Financial Officer, CFO Services as set forth in Section II for a total monthly fee of $17,500 (the "Monthly Fee"). B. The CFO will provide CFO Services for 5 days per week. C. The Company will pay the CFO directly according the Company's normal payroll process a portion of the Monthly Fee equal to $14,593.33 (the "Salary"); and will pay Xxxxx the remaining portion of $2,916.67 ("Retainer Fee"). D. If this Agreement commences or concludes in the middle of a month, each portion of the Monthly Fee shall be prorated for that month. E. The Company also will pay Xxxxx the incentive bonus set forth in Schedule A. F. The Company will also provide Xxxxx stock options in accordance with the attached Schedule B. G. The Company will pay all amounts owed Xxxxx no later than the 15th day of the month for which amounts are invoiced. H. The Company will promptly reimburse the CFO for travel and out-of-pocket business expenses. I. In the case that the CFO provides CFO Services in excess of 5 days per week, the Company will pay an additional $1,057.95 daily fee (the "Additional Daily Fee"). J. The Company will pay the CFO directly according the Company's normal payroll process 83.33% of the Additional Daily Fee (the "Additional Salary"), and will pay Xxxxx the remaining 16.67% portion ("Additional Retainer Fee"). K. In the event this Agreement is canceled prior to September 15, 1999, an additional fee will be paid sufficient to adjust the aggregate prior and prospective Monthly Fees to an amount equal to $1,200 per day (the "Early Termination Fee"). L. The Company will pay the CFO directly according the Company's normal payroll process 83.33% of the Early Termination Fee, and will pay Xxxxx the remaining 16.67% portion.
Sample 1

Related to SERVICES; FEES AND PAYMENTS A

  • Fees and Payments Where permitted by the prospectus for a Fund, a charge, concession, or fee (each of the foregoing forms of compensation, a "Fee") may be paid to Bank, related to services provided by Bank in connection with Transactions in shares of such Fund. The amount of the Fee, if any, is set by the relevant prospectus. Adjustments in the Fee are available for certain purchases, and Bank is solely responsible for notifying FTDI when any purchase or redemption order is qualified for such an adjustment. If Bank fails to notify FTDI of the applicability of a reduction in the sales charge at the time the trade is placed, neither FTDI nor any of the Funds will be liable for amounts necessary to reimburse any Customer for the reduction which should have been effected. In accordance with the Funds' prospectuses, FTDI or its affiliates may, but are not obligated to, make payments from their own resources to Bank as compensation for certain sales that are made at net asset value ("Qualifying Sales"). If Bank notifies FTDI of a Qualifying Sale, FTDI may make a contingent advance payment up to the maximum amount available for payment on the sale. If any of the shares purchased in a Qualifying Sale are redeemed or repurchased within twelve months of the month of purchase, FTDI shall be entitled to recover any advance payment attributable to the redeemed or repurchased shares by reducing any account payable or other monetary obligation FTDI may owe to Bank or by making demand upon Bank for repayment in cash. FTDI reserves the right to withhold any one or more advances, if for any reason FTDI believes that FTDI may not be able to recover unearned advances. Termination or suspension of this Agreement does not relieve Bank from the requirements of this paragraph.

  • The Calculation and Payment of the Service Fees 2.1 The fees payable by Party B to Party A during the term of this Agreement shall be calculated as follows:

  • Fees and Payment 4.1 For the advertising services provided by Mengju, the client shall pay the corresponding fees to Mengju in accordance with this agreement and the relevant advertising service orders.

  • Calculation and Payment of Fees All fees shall be calculated on the basis of the actual number of days elapsed in a 360-day year. All fees shall be payable in addition to, and not in lieu of, interest, compensation, expense reimbursements, indemnification and other Obligations. Fees shall be payable to the Administrative Agent at its office in New York, New York in immediately available funds. All fees shall be fully earned and nonrefundable when paid. All fees due to any Arranger or any other Lender, including, without limitation, those referred to in this Section 5.3, shall bear interest, if not paid when due, at the interest rate specified in Section 5.1(d) and shall constitute Obligations.

  • Expense Accrual and Payment Services (1) For each valuation date, calculate the expense accrual amounts as directed by the Trust as to methodology, rate or dollar amount.

  • Compensation and Payment The Consultant shall be paid a base fee of Twenty Thousand US Dollars ($20,000) per month for his services hereunder. Payments will be made each month at the end of the month, or may be deferred, with Consultant’s consent, to a later date, or may be pre-paid on an earlier date. In addition, the amounts due hereunder may, at the election of the Consultant, be payable in stock of the Company with the per share price being equal to the last price paid by non-affiliate of the Company for its shares. The Consultant shall be entitled to reimbursement for all reasonable expenses.

  • Invoices and Payments Within thirty (30) days after the end of each month in which Development Activities are performed, NovaDel shall invoice Licensee for any costs and expenses incurred by NovaDel or its Affiliates in such month. Each invoice shall be payable to NovaDel within thirty (30) days after invoice date.

  • Services Fees 甲乙双方同意，作为本协议第1条第1款项下甲方向乙方提供的管理和咨询服务的对价，乙方应向甲方支付服务费，服务费的数额及支付方式详见本协议附件。该附件可根据双方商议并根据实施情况进行修改。 The Parties agree that, Party B shall pay relevant services fees to Party A which shall be determined according to the Appendix of this Agreement. This Appendix can be amended by the Parties in considering the circumstances. 第三条 知识产权和保密

  • Disbursements and Payments Each disbursement by the Bank and each payment by the Borrower will be:

  • Fees and Payment Terms 7.1. For and in consideration of the Services to be provided under Clause 5 of this Agreement, excluding any additional services that the Consultant may from time to time be required to perform by the Company, the Consultant shall be paid a retainer fee of USD 35,639.00 (thirty-five thousand six hundred and thirty nine United States Dollars) per month.

Time is Money Join Law Insider Premium to draft better contracts faster.