Actual Compensation definition
Examples of Actual Compensation in a sentence
On a monthly basis, Target Budget will be compared to Actual Compensation to estimate year to date underrun or overrun.
The assumed cetaceans -applied effects of the nutrient pollution include the diminution of forage areas and the depletion of benthic food resources.
Per Diem Actual but not to exceed State of Florida’s rate Insurance* Actual *Compensation for Insurance is limited solely to General Liability Coverage and does not include any other insurance coverage (such as, but not limited to, Umbrella Coverage, Automobile Insurance, etc.).
Alternatively, if the Actual Compensation paid is less than the amount which should have been paid pursuant to Schedule 4.1(a) (as reduced, if at all, by the provisions of subsection 4.1(c)) then Old DMJK shall pay the Shareholder CPAs, including Employee, such deficit within thirty (30) days after the reconciliation is completed.
Actual Compensation based on direct labor expense shall be determined for each employee and shall include consideration for paid absences, such as vacation and illness.
If the Actual Compensation, per Section 8.2, is less than the Target Budget amount, Contractor's compensation for such Work shall be increased in the amount of 50% of such underrun.
Actual Compensation Margin shall be granted to the Consultants in the form of shares of Common Stock of ProLungdx to the Consultants at the rate of the Actual Compensation Margin divided by US$1.50 per share which is the current price per share as of December 31, 2015.
Actual Compensation Margin may be higher or lower than US$205,375; however Actual Compensation Margin shall not exceed US$300,000.
In the event either the Consultants and/or the Company terminates this Agreement prior to 31 December 2016, the Company shall pay to the consultant the cumulative Actual Compensation Margin from 1 January 2016 through the termination date divided by US$1.50 per share.