Xxxxxxxxxx Fees. The fees a CMO charges an economic rights holder for performing collective management services.
Xxxxxxxxxx Fees. During the Consulting Period, you shall receive a consulting fee of three hundred thousand dollars ($300,000) per calendar year (the “Fees”), payable in monthly installments in arrears on the last day of the month (pro-rated for partial months), subject to your continued service during the Consulting Period.
Xxxxxxxxxx Fees. For all Services provided under this Agreement, the Company will pay the Consultant a monthly fee of $12,000 per month, prorated for any partial month of service and payable monthly in arrears. The Consultant acknowledges and confirms that the Consultant has been selected to serve as a Consultant because of expertise in the relevant subject matter. Nothing in this Agreement is intended to be, or construed as, a reward for past or incentive for future decisions regarding prescribing, purchasing, using, recommending preferential formulary status, or dispensing any Company product. The Parties represent and warrant that the compensation described in this Section 2 was determined by the Parties through good faith and arms-length bargaining, constitutes fair market value for the Services, and has not been determined in a manner that takes into account the volume or value of any business between the Parties or as an inducement to generate business for Company. The Parties further acknowledge and agree that the Consultant shall continue to make all treatment and prescribing decisions (including prescribing products) solely in accordance with independent medical and clinical judgment, and that such decisions shall not be affected by this Agreement, the payments made hereunder or the relationship created hereby.
Xxxxxxxxxx Fees. The Company issued the Consultant 1,000,000 shares of restricted common stock in advance on December 29th, 2020 for consulting services in 2021. The stock issuance is considered appropriate compensation for consulting duties. The common stock shares shall be considered 50% vested as of January 1st, 2021, with the remaining vesting on a monthly basis. If Consultant fails to provide the agreed upon consulting services from January 1st – December 31st, 2021, the unvested stock compensation will be deemed unearned and subject to forfeiture by Consultant upon written notification to Consultant from the Company. Upon such notification, Consultant agrees to promptly return the unvested stock compensation to the Company. Company agrees to facilitate the sale of vested stock received by Consultant in a manner consistent with other recipients of such stock.
Xxxxxxxxxx Fees. No Loan Party shall pay any management or consulting fees to any Persons, other than an independent, unrelated third party.
Xxxxxxxxxx Fees. As compensation for the services to be rendered by Manager under this Agreement, Manager shall receive a management fee (“Base Fee”) during the Term equal to three percent (3%) of the Gross Revenues of the Facility and an additional fee (“Incentive Fee”) equal to thirty-five percent (35%) of Net Operating Income after payment of the SNH TRS Priority Return. No amount paid hereunder is intended to be, nor shall it be construed to be, an inducement or payment for referral of patients by either party or any of its Affiliates to the other party or any of its Affiliates. The compensation being paid constitutes the fair market value of the services being provided in light of the costs being incurred and the time, energy, training, expertise and skills required therefor, and is consistent with amounts that would result from arm’s-length negotiations between unrelated parties.
Xxxxxxxxxx Fees. Manager shall receive as its entire compensation for all services to be provided pursuant to this letter agreement, including all leasing, marketing and construction management: (a) ________ percent of gross rental income; plus (b) ________ percent of the cost of any construction project whose cost exceeds the Approval Threshold. Manager may disburse its fee directly from the Building account. No indirect, overhead, or central office expenses of Manager (including any personnel costs of [the Building Manager or] anyone senior to the Building Manager) may be paid from the Building account or otherwise reimbursed, except as expressly provided in this agreement.
