Timing and Manner of Payment. The amount that becomes payable to Executive pursuant to Section 5.1(b) above shall be paid as follows:
(a) If, on the date that the Executive terminates his/her employment for Good Reason pursuant to Section 4 above, the Company is a reporting company under the Exchange Act, then Executive will be entitled to receive such payment in a single lump sum on the first business day that occurs at the end of the period commencing on the date of that termination and ending six months after the last day of the calendar month in which the date of termination occurred (e.g., if Executive were to terminate his/her employment for Good Reason on March 15, 2008, for example, then Employer would be required to pay the amount specified in Section 5.1(b) on the first business day immediately following September 30, 2008); or
(b) If, however, the Company is not a reporting company under the Exchange Act at the time the Executive terminates his/her employment for Good Reason pursuant to Section 4 above, then Executive shall be entitled to receive such payment in a single lump sum on the fifth (5th) business day following such termination of employment.
Timing and Manner of Payment. As soon as administratively practical following the Committee Determination (and in all events no later than March 15 following the end of the Performance Period), the Corporation shall deliver to the Participant a number of shares of Common Stock (either by delivering one or more certificates for such shares or by entering such shares in book entry form, as determined by the Corporation in its discretion) equal to the number of Performance Units that vest in accordance with Section 3; provided, however, that in the event that the vesting and payment of the Performance Units is triggered by the Participant’s “separation from service” (within the meaning of Treasury Regulation Section 1.409A-1(h)) and the Participant is a “specified employee” (within the meaning of Treasury Regulation Section 1.409A-1(i)) on the date of such separation from service, the Participant shall not be entitled to any payment of the Performance Units until the earlier of (i) the date which is six (6) months after the Participant’s separation from service with the Corporation for any reason other than death, or (ii) the date of the Participant’s death, if and to the extent such delay in payment is required to comply with Section 409A of the Code. The Corporation’s obligation to deliver shares of Common Stock or otherwise make payment with respect to vested Performance Units is subject to the condition precedent that the Participant or other person entitled under the Plan to receive any shares with respect to the vested Performance Units deliver to the Corporation any representations or other documents or assurances that the Administrator may deem necessary or desirable to assure compliance with all applicable legal and accounting requirements. The Participant shall have no further rights with respect to any Performance Units that are paid or that terminate pursuant to this Agreement.
Timing and Manner of Payment. All royalties accruing under this Agreement shall be paid no later than [*] after the end of the calendar quarter in which such royalties accrued, and shall be accompanied by a written report (and such backup documentation as Corium may reasonably request) demonstrating the computation of such royalty payment. Payments shall be made in United States dollars without any deduction or withholding for or on account of any taxes, duties, levies, fees or charges except those taxes or duties levied against Corium which are legally required to be withheld by Agile. Late payments will accrue interest at a rate of [*] per month.
Timing and Manner of Payment. As soon as administratively practical following the Committee Determination (and in all events no later than March 15 of the year that follows the end of the Performance Period or such time as provided in Section 9(b)), the Corporation shall deliver to the Participant a number of shares of Common Stock (either by delivering one or more certificates for such shares or by entering such shares in book entry form, as determined by the Corporation in its discretion) equal to the number of Performance Units subject to the Award that vest in accordance with Section 3; provided, however, that in the event that the vesting and payment of the Performance Units is triggered by the Participant’s “separation from service” (within the meaning of Treasury Regulation Section 1.409A-1(h)) and the Participant is a “specified employee” (within the meaning of Treasury Regulation Section 1.409A-1(i)) on the date of such separation from service, the Participant shall not be entitled to any payment of the Performance Units until the earlier of (a) the date which is six months after the Participant’s separation from service with the Corporation for any reason other than death, or (b) the date of the Participant’s death, if and to the extent such delay in payment is required to comply with Section 409A of the Code. The Corporation’s obligation to deliver shares of Common Stock or otherwise make payment with respect to vested Performance Units is subject to the condition precedent that the Participant or other person entitled under the Plan to receive any shares with respect to the vested Performance Units deliver to the Corporation any representations or other documents or assurances that the Administrator may deem necessary or desirable to assure compliance with all applicable legal and accounting requirements. The Participant shall have no further rights with respect to any Performance Units that are paid or that terminate pursuant to this Agreement.
Timing and Manner of Payment. (a) All amounts payable to the Health Services Manager under this Part 11 (Payments) will be paid by the Department Monthly in arrears, within thirty (30) days of the Department's receipt of an invoice correctly rendered in accordance with this Part 11 (Payments).
(b) Unless otherwise agreed, any payments under this Contract will be made by electronic transfer directly to the Health Services Manager's nominated bank account. All payments will be made in Australia and in Australian dollars.
Timing and Manner of Payment. Subject to any changes imposed by or allowed under the provisions of the Plan, benefits with respect to the Award shall be calculated pursuant to Section 2 and Appendix A. The Committee shall determine, in accordance with such provisions and after the end of the Performance Period, the specific amount to the paid to the Participant with respect to this Award. No payment shall be made with respect to the Award unless and until the Committee has certified, by resolution or other appropriate action in writing, that the amount thereof has been accurately determined in accordance with the terms, conditions and limits of the Award and that the applicable Performance Target was, in fact, satisfied. Any amount payable with respect to the Award shall be paid in cash as soon as practicable following such certification by the Committee. No interest or other earnings shall be paid on or accrue with respect to such amount for the period between the end of the Performance Period and the date of actual payment.
Timing and Manner of Payment. On the Maturity Date, the Company shall pay to the Redeemable Preferred Member the Complete Redemption Amount due to it. The Complete Redemption Amount shall be paid on the Maturity Date to the Redeemable Preferred Member by wire transfer of immediately available funds to the account specified by the relevant Redeemable Preferred Member in written wire transfer instructions or if the relevant Redeemable Preferred Member has not provided written wire transfer instructions, a check dispatched to the address of such Redeemable Preferred Member as shown on the Register of Members, at the Redeemable Preferred Member’s risk, within three Banking Days of the Maturity Date.
Timing and Manner of Payment. Subject to Section 8.11, the amount that becomes payable to Executive pursuant to Section 4.1(b) above shall be paid in a single lump sum on the first Company payroll date after 60 days after the Vesting Date.
Timing and Manner of Payment. The cash portion of any Severance Compensation that becomes payable to Executive as provided above in this Section 6 shall be paid as follows:
(a) Except as otherwise set forth in Paragraph 6.3(b) below, Executive shall be entitled to receive the payments referenced in Sections 6.2(a) and (b) in a single lump sum, less tax and other required or applicable withholdings, on the tenth (10th) business day following such Section 6 Termination.
(b) Notwithstanding the foregoing, however, if, on the date of the Section 6 Termination, the Company or the Surviving Person (if other than the Company) is a reporting company under the Exchange Act and Executive is deemed at the time of such termination of employment to be a “specified” employee under Section 409A of the Code, then such payment shall be made to Executive in a single lump sum on the first business day that occurs at the end of the period which commences on the date of the Section 6 Termination and ending six (6) months after the last day of the calendar month in which the date of such termination occurred.
Timing and Manner of Payment. ProMed HCA shall deduct the Fees from IPA’s Plan Account on or before the twentieth (20th) day of each month with respect to services provided in the prior month.
