Terms of Compensation. The Consultant’s compensation hereunder shall be as follows:
Terms of Compensation. 1. For, and in consideration of the services performed by the Consultant under this Agreement, the Commission shall pay the Consultant up to an amount not-to-exceed ($ ). Notwithstanding anything else to the contrary in this Agreement or any attachments hereto, this Agreement is not intended to provide a guarantee to the Consultant that the specified not-to-exceed dollar amount will be utilized during the term of this Agreement. Notwithstanding anything else to the contrary in this Agreement or any Attachments hereto, the Commission reserves the option to extend or shorten the Agreement duration and/or to increase or decrease the not- to-exceed dollar amount, as determined by the Commission, in its sole discretion Individual tasks will be assigned by the Commission to the Consultant on a task order basis after receipt and approval by the Commission of a proposal from the Consultant for each task specifically requested and outlined in the Problem Statement prepared by the Commission. A not-to-exceed amount shall be established for each Task Order Assignment and shall be based on the Consultant’s Task Order Assignment Proposal Rate Schedule (See Attachment “B”) and any subsequent negotiations to arrive upon an agreed upon fee for the specific assignment authorized by the Executive Director and/or his/her designee. The services for this Agreement are assigned by the Commission on an as-needed basis, as determined by the Commission, in the sole discretion. Costs incurred beyond the specified not-to-exceed amount established for each Task Order Assignment, without prior Commission approval, shall be at the sole risk of the Consultant.
Terms of Compensation a. The Owner agrees to compensate the Company in accordance with the rates and fees appropriate for services provided by the Company.
Terms of Compensation. Agency further understands and agrees as follows: (a) that commissions, at the aforesaid rate, are earned by and payable to Agency only on orders which were solicited and obtained by Agency,and after receipt by the Company of payment for said orders from Clients,(b) that such commissions are earned by Agency on orders which are acceptable and approved by Company, and Company reserves and is entitled, at its sole discretion, to determine whether an order is acceptable or whether the same shall be refused and rejected, and Company shall also be entitled to determine and fix the date of delivery; (c) that in the event any Client is credited for the return of merchandise upon any grounds which Company in its sole discretion, determines proper, any commissions credited or paid to Agency thereon shall be deducted from any and all commissions thereafter that should become payable to said Agency and any commission paid, advanced or credited to Agency on accounts which are thereafter deemed by Company as uncollectible shall be deducted from any commissions thereafter to be payable to said Agency; (d) that all orders for said products and services so obtained by Agency shall be sent directly to Company for acceptance or rejection, and Agency shall have no right or authority to accept or purport to accept or approve any such order or orders on behalf of Company, and only after Company has received such order shall it be determined whether same are acceptable or rejected.
Terms of Compensation. The work will be completed on a labor fee plus expense basis. Labor fee will be billed per the rates included in the referenced Master Agreement. Compensation for Services and Method of Payment shall be as referenced in the Master Agreement. Effort for individual tasks so authorized will be broken out on invoices with a concise description of personnel involved, hours expended and description of work with each task. We understand that the Client will rely on the Consultant to provide cost per development review so that the Client can bill and be reimbursed by the Developer for review services rendered. It is understood that the IPO is authorized in an amount not to exceed $100,000 annually unless so amended by the City Manager.
Terms of Compensation. The Manager's compensation hereunder shall be as follows:
Terms of Compensation. For the complete and satisfactory performance of the terms of this Agreement, the City shall pay to the Vendor an amount not to exceed $540,000.00. The schedule of work and prices are as follows:
Terms of Compensation. In the event Consultant successfully performs all services found in Section 1 of this Agreement, Company shall compensate Consultant by issuing him One Million Seven Hundred Fifty Thousand Shares (1,750,000) shares of common stock ("Shares"). Within 30 days after the completion of such a merger, the Company shall file a registration statement on Form S-8 and the Consultant shall have the right to register the Shares pursuant to that registration statement or if such form of registration statement is no longer available to Consultant as a result of the adoption of new laws with respect to such form.
Terms of Compensation. Management equity grant: • 675,000 total options to purchase shares of the company’s common stock. The strike price for all options will be the last sale price of the Company’s common stock as reported on Xxxxxx.xxx on August 11, 2010. • All options fully vest upon change in control, death, disability, termination without cause, termination for good reason • 225,000 options are fully vested on Day 1 of this agreement • 225,000 options vest 365 days thereafter • 225,000 options vest 730 days thereafter Management milestones that affect cash bonuses
Terms of Compensation. The terms of compensation are set forth in the Xxxxxx Xxxxxxx Partners Cost Schedule and Supplemental Pricing Information (Exhibit C).