Standards of Performance Report Sample Clauses

Standards of Performance Report. Administrator shall provide Carrier with a report within five days following the end of each month that the Agreement is in effect, in format acceptable to Carrier, that describes Administrator's adherence to the standards set forth in this Schedule H during such month. Date: 2/3/95 ----------------------- Administrator Carrier By: /s/DRB By: /s/ SEB ------------------------ ------------------------- SCHEDULE I - SERVICE FEES FOR DEVELOPMENT TASKS Administrator will maintain a record of hours of services performed and provide Carrier with a monthly invoice to describe hours of service during the immediately preceding month. Such hours will be converted to service fees according to the rate schedule outlined below. All invoices will be prepared to describe the services provided, and by whom, during the period. Such fees are due within thirty (30) calendar days of billing. Overdue bills shall be payable in the amount billed plus 1.5% for each month or partial month overdue. For the implementation of initial UL insurance products, Administrator will advise Carrier if sum total service fees are expected to exceed $100,000 and will not proceed without additional approval of tasks by Carrier. In no event will the sum total fees for UL exceed $150,000. For implementation of the VUL products, Administrator will advise Carrier if total service fees are expected to exceed $50,000 and will not proceed without additional approval of tasks by Carrier. In no event will the sum total service fees for VUL exceed $75,000. HOURLY XXXX SCHEDULE: Rate Class 1994 Rate 1995 Rate Principal $215 $215 Xxx Xxxxxxx Xxxx Xxxxxx Xxxxx Xxxxxxx DRB SEB (no charge) Sr. Professional $150 $150 Xxxxxxx Xxxxx Xxxxx Xxxxx Xxxxx Xxxxxx DRB SEB (no charge) Xxx Xxxxxxxxx Xxxxx Xxxxxxx Xxxxx Xxxxxxx Professional $100 $100 Xxxxxxxx May Xxxx Xxxxxxxxx Support All Other $60 $60 Service Fees are subject to change by Administrator on each January 1 while the Agreement is in force; provided that: (a) sixty day advance notice is provided to Carrier; and (b) any new Service Fees are no greater than those charged by Administrator to its most favored customers. Date: 2/3/95 ----------------------- Administrator Carrier By: /s/DRB By: /s/ SEB ----------------------- ------------------------- SCHEDULE J - ONGOING ADMINISTRATIVE FEES On going administrative fees will be calculated and billed monthly by Administrator. Fees are due within 30 calendar days of billing. Overdue bills shall be payable in the amount...
Sample 1
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Related to Standards of Performance Report

  • Standards of Performance Executive will at all times faithfully, industriously and to the best of his/her ability, experience and talents perform all of the duties required of and from him/her pursuant to the terms of this Agreement. Executive will devote his/her full business energies and abilities and all of his/her business time to the performance of his/her duties hereunder and will not, without the Company’s prior written consent, render to others any service of any kind (whether or not for compensation) that, in the Company’s sole but reasonable judgment, would interfere with the full performance of his/her duties hereunder. Notwithstanding the foregoing, Executive is permitted to spend reasonable amounts of time to manage his/her personal financial and legal affairs and, with the Company’s consent which will not be unreasonably withheld, to serve on one civic, charitable, not-for-profit, industry or corporate board or advisory committee, provided that such activities, individually and collectively, do not materially interfere with the performance of Executive’s duties hereunder. In no event will Executive engage in any activities that could reasonably create a conflict of interest or the appearance of a conflict of interest. Executive shall be subject to the Company’s policies, procedures and approval practices, as generally in effect from time to time.

  • Performance Reporting For Performance Reporting (including After-Tax Performance Reporting), Ultimus charges each Portfolio a fee of $200 per month.

  • Standard of Performance The Executive will perform his duties under this Agreement with fidelity and loyalty, to the best of his ability, experience and talent and in a manner consistent with his duties and responsibilities.

  • Performance Standards The Custodian shall use its best efforts to perform its duties hereunder in accordance with the standards set forth in Schedule C hereto. Schedule C may be amended from time to time as agreed to by the Custodian and the Trustees of the Fund.

  • Historical Performance Information To the extent agreed upon by the parties, the Sub-Advisor will provide the Trust with historical performance information on similarly managed investment companies or for other accounts to be included in the Prospectus or for any other uses permitted by applicable law.

  • Excuse of Performance Grantor's and Licensee's performance (other than Licensee's obligation to pay for Products or other fees or monetary obligations in accordance herewith, which shall not be excused) hereunder shall be excused if (but only for so long as) any of the following conditions or events occur and are continuing: Labor conflicts, strikes, lock-outs, fires, explosions, war, civil disturbances, unforeseen military action, governmental action, requisitions or seizures, delays of subcontractors or vendors, unavailability of raw materials or transport facilities, acts of God or nature, or any other condition or event which is beyond the reasonable control of Grantor or Licensee, as the case may be.

  • Payment of Performance Shares Payment of any Performance Shares that become earned as set forth herein will be made in the form of Common Shares, in cash, or in a combination of the two, as determined in the sole discretion of the Committee. Payment will be made as soon as practicable after the receipt of audited financial statements of the Corporation relating to the last fiscal year of the Performance Period and with respect to Covered Employees, the determination by the Committee of the level of attainment of the Management Objectives. Performance Shares will be forfeited if they are not earned at the end of the Performance Period and, except as otherwise provided in this Agreement, if the Grantee ceases to be employed by the Corporation or a Subsidiary at any time prior to such shares becoming earned.

  • PERIOD OF PERFORMANCE Extend the period of performance by one (1) year from 31 December 2001 to 31 December 2002. The total period of performance now is from 1 March 1996 to 31 December 2002.

  • Performance and Compliance Purchaser shall have performed all of the covenants and complied, in all material respects, with all the provisions required by this Agreement to be performed or complied with by it on or before the Closing.

  • Time of Performance Except as expressly otherwise herein provided, with respect to all required acts of Tenant, time is of the essence of this Lease.

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