Agent’s Compensation definition

Agent’s Compensation has the meaning ascribed thereto in Section 10;
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Agent’s Compensation. Annual Administration Fee: $3,000 Accouont Acceptance & Set-up $500 - One-Time Fee Out-of-Pocket Expenses: 6% of the amount of the Annual Administration Fee (i.e. $180 ) Mutual Fund Transaction: 15 Basis Points (Calculated on the average Principal balance of the Fund) Telephone Number(s) for Call-Backs and Person(s) Designated to Confirm Funds Transfer Instructions ----------------------------------------------------------- If to Issuer: Name Telephone Number ---- ----------------
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Agent’s Compensation means, collectively, the Agents' Fee, the Agents' Warrants and the Corporate Finance Fee;
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Examples of Agent’s Compensation in a sentence

  • GA-2 Agreement Revised 1/10 ** ** Equitable Life & Casualty General Agent 2 Contract Agreement Vesting of Compensation Compensation to Surviving Spouse Compensation Among Agents Compensation for Conversion Policies Premium Collection and Remittance Assignment of Compensation Offsets or Debits Conditions for Nonpayment of Compensation The General Agent has an immediate vested interest in renewal commission compensation payable under this Agreement.

  • In consideration of the Agents' agreement to sell the Offered Shares, the Company agrees to pay the Agents' Compensation to the Agents at the Closing Time.

  • If any fraction of a Ordinary Share would, except for the provisions of this Section 2.5, be issuable on the exercise of any Agent's Compensation Options, such fraction shall be deemed to be surrendered to the Company and cancelled without any payment therefor to the Optionholder.

  • The Company shall pay any and all transfer taxes (if any) that may be payable in respect of the issuance or delivery of Ordinary Shares upon the exercise of the Agent's Compensation Options; provided, however, that the Company shall not be required to pay any such tax or taxes that may be payable in respect of the issuance or delivery of any certificates for Ordinary Shares issued upon the exercise of the Agent's Compensation Options in the name of a person or persons other than the Optionholder.

  • For greater certainty, the Agent's Compensation Options represented hereby shall not entitle the Optionholder to any voting rights whatsoever in the affairs of the Company.

  • The Company shall not be required to issue fractional Ordinary Shares on the exercise of any Agent's Compensation Options.

  • This Option Certificate and the Agent's Compensation Options represented hereby are non- assignable and non-transferable, provided, however, that this Option Certificate and the Agent's Compensation Options represented hereby may be transferred to the Affiliates of the Optionholder, subject to the rules of the Exchange.

  • For so long as the Agent's Compensation Options remain outstanding, the Company shall reserve and keep available for issue upon the exercise of the Agent's Compensation Options such number of authorized but unissued Ordinary Shares or other shares in the capital of the Company as will be required to satisfy in full the rights of the Optionholder pursuant to the Agent's Compensation Options to subscribe for and purchase Ordinary Shares from the Company.

  • Subject to applicable securities legislation and receipt by the Company of all required approvals (if any) from any Exchange on which the Ordinary Shares are listed, and all applicable securities regulatory authorities, the Company may, at its option, at any time during the term of the Agent's Compensation Options, reduce the then current Exercise Price to any amount or extend the Expiry Time to such time as the board of the directors of the Company may consider appropriate.

  • If more than one Agent's Compensation Option shall be presented by the Optionholder for exercise at the same time, the number of full Ordinary Shares issuable upon the exercise thereof will be computed on the basis of the aggregate number of Ordinary Shares purchasable on exercise of the Agent's Compensation Options so presented.


More Definitions of Agent’s Compensation

Agent’s Compensation means the cash commission payable to the Agents pursuant to the Agency Agreement, equal to 7.0% (or 3.5% in the case of subscribers identified as "president's list" purchasers in the Agency Agreement) of the gross proceeds of the Offering;
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Agent’s Compensation. . . . The x.xxxx �iii be compensated for its s:ervices for providing management services described under this agreement, a.ricl the ManageJT1ehfPfail. Fees WiHbe paid monthly from.the general operatfog account and tfeated as. a project operation and maintenance expense. The Manaiement Fee cornpensaticm \.Viii be paid per occupied revenue procliidiris unit.per nionih )ri accordance with Management Agent Ceri:ificaiion and HB 2-3560, attachment 3-F. The Management Fee will include the bundle of services as li�xxx in this agreement and the managemertt plan· arid will not exceed the fee as approved annually on the project budget. .
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Agent’s Compensation. The management fee and leasing commission rates for Agent shall be based on the schedule attached hereto, marked Exhibit "B". ------------------------------------------------------------------------------ ARTICLE V ------------------------------------------------------------------------------
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Agent’s Compensation. The Agent’s Warrants shall be exercisable, at any time and from time to time for period of 5 years after the date of issuance. The Agent’s Warrants shall contain an immediate cashless exercise provision and shall contain the same anti-dilution provisions as are included in the Warrants.
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Related to Agent’s Compensation

  • 414(s) Compensation means any definition of compensation that satisfies the nondiscrimination requirements of Code Section 414(s) and the Regulations thereunder. The period for determining 414(s) Compensation must be either the Plan Year or the calendar year ending with or within the Plan Year. An Employer may further limit the period taken into account to that part of the Plan Year or calendar year in which an Employee was a Participant in the component of the Plan being tested. The period used to determine 414(s) Compensation must be applied uniformly to all Participants for the Plan Year.

  • Creditable compensation means the full compensation payable annually to an employee working

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.

  • 415 Compensation means:

  • Basic Compensation means Salary and Benefits.

  • Final compensation of a member means:

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.

  • Eligible Compensation means, with respect to each Participant for each pay period, the full salary and wages paid to such Participant by the Company or a Participating Subsidiary, including commissions, bonuses (to the extent not excluded below), overtime pay and shift differentials. Except as otherwise determined by the Committee, “Eligible Compensation” does not include

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Annual Cash Compensation means the sum of (a) the highest annual Base Salary in effect for the Executive and (b) the greater of (i) the Executive’s bonus for the most recently-completed year (excluding any special bonuses awarded for performance after the conclusion of the performance period), if any, or (ii) the annualized amount of the Executive’s target bonus for the then current year.

  • Requisition Compensation includes all compensation or other moneys payable by reason of any act or event such as is referred to in paragraph (b) of the definition of “Total Loss”;

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Earnable compensation means the full rate of the

  • Gross compensation means every form of remuneration payable for a given period to an individual for services provided including salaries, commissions, vacation pay, severance pay, bonuses, and any board, rent, housing, lodging, payments in kind, and any similar benefit received from the individual's employer.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Base Pay means the Executive’s annual base salary from the Company at the rate in effect immediately prior to a Change in Control or at the time Notice of Termination is given, whichever is greater. Base Pay includes only regular cash salary (plus the amount of any automobile allowance paid to the Executive or any automobile lease payments made by the Company on behalf of the Executive) and is determined before any reduction for deferrals pursuant to any nonqualified deferred compensation plan or arrangement, qualified cash or deferred arrangement or cafeteria plan.

  • Includible Compensation means an Employee’s actual wages in box 1 of Form W-2 for a year for services to the Employer, but subject to a maximum of $245,000 (or such higher maximum as may apply under section 401(a)(17) of the Code) and increased (up to the dollar maximum) by any compensation reduction election under section 125, 132(f), 401(k), 403(b), or 457(b) of the Code (including any Elective Deferral under the Plan). Beginning in 2009 and thereafter, such term also includes any “differential pay” that may be received from the Employer while performing qualified military service under section 414(u) of the Code. The amount of Includible Compensation is determined without regard to any community property laws.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.

  • Section 415 Compensation means:

  • Non-cash compensation means any form of compensation that is not cash compensation, including, but not limited to, health insurance, office rent, office support and retirement benefits.

  • Agent’s Commission means the cash commission payable to the Agent in respect of the completion of the Offering pursuant to the Agency Agreement, as more fully described under “Plan of Distribution”.

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • Reasonable compensation means, with respect to a regularly employed officer or employee of any person, compensation that is consistent with the normal compensation for such officer or employee for work that is not furnished to, not funded by, or not furnished in cooperation with the Federal Government.

  • Compensation Limit means the compensation limit of Section 401(a)(17) of the Code, as adjusted under Section 401(a)(17)(B) of the Code for increases in the cost of living.