Agreed Compensation definition

Agreed Compensation means additional sums as defined in Part II which are payable under the Agreement.

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Agreed Compensation shall equal the sum of (A) the Executive's highest Annual Base Salary under the Agreement, and (B) the average of the Executive's annual bonuses with respect to the three (3) calendar years immediately preceding the Executive's termination.

Agreed Compensation shall equal the Executive's highest Annual Base Salary under the Agreement.

Examples of Agreed Compensation in a sentence

• In the event that Executive’s employment is involuntarily terminated by the Bank without Cause and no Change in Control shall have occurred at the date of such termination, the Bank shall pay Executive an amount equal to and no greater than 2.99 times Executive’s Agreed Compensation as defined in subsection (g) of Section 4, and shall be payable in thirty-six (36) equal monthly installments and shall be subject to federal, state and local tax withholdings.

• Agreed Compensation for Overhead “General Conditions” for Changes to Time for Completion or Contract Completion Date for Changes to the Work: If the change in the Work also changes the Time for Completion or the Agreement Completion Date by adding days to complete the Work, an itemized accounting of the following General Conditions costs for direct Site overhead set forth in the subparagraph below may be considered as allowable costs for compensation.

• If any money due to either party remains unpaid after the date on which the money should have been paid, then the party responsible for the payment must, following a written request by the other party for payment of interest, pay to the other party Agreed Compensation on the unpaid amount from, but not including the date on which the money was due.

• In the event that Executive’s employment is involuntarily terminated by the Bank without Cause and no Change in Control shall have occurred at the date of such termination, the Bank shall pay Executive an amount equal to and no greater than 2.0 times Executive’s Agreed Compensation as defined in subsection (g) of Section 4 and shall be payable in twenty-four (24) equal monthly installments and shall be subject to federal, state and local tax withholdings.

• This limit is without prejudice to any Agreed Compensation specified under Clause 5.2.2 or otherwise imposed by the Agreement.

More Definitions of Agreed Compensation

Agreed Compensation means additional sums as defined in Annexure1 [Remuneration and Payment Schedule] which are payable under the Agreement.

Agreed Compensation means additional sums as defined in Appendix 3 [Remuneration and Payment] which are payable under the Agreement.

Agreed Compensation means the agreed compensation defined in the Particular Conditions for amounts which are undisputed, due and remain unpaid pursuant to Sub-Clause 5.3 [Invoicing and Time for Payment].

Agreed Compensation means: the sum of (A) the Employee’s annual base salary immediately preceding Employee’s termination and (B) the average of Employee’s annual cash and stock bonuses received within the two (2) calendar years immediately preceding Employee’s termination. ​

Agreed Compensation means additional sums payable to the Independent Engineer in accordance with Clause 30.2;

Agreed Compensation means interest at an annual rate of 9% for any amount unpaid by the Client calculated from the date such amount was due to have been paid until is paid.

Agreed Compensation. The rate of return per annum based on the Participant's Percentage Interest, payable from the date an Advance is made or the receipt of Participant's share of such Advance, whichever later occurs.