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.
The Operator shall pay to the Owner Pre-determined Mutually Agreed Compensation for lower Machine Availability, drawl of Reactive Power in excess of 5% and Transmission Losses exceeding 5% in the following manner.
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.
CONTRACTOR's liabilities for the Performance Guarantees given for the PLANTS and Facilities in respect of capacity, consumption, product quality and pollution level shall be discharged only when the PERFORMANCE TESTS as stipulated in Part-II, Technical of NIT have been successfully carried out as per acceptance criteria specified below or alternatively, Agreed Compensation as stipulated in clause 31 of GCC have been paid by the CONTRACTOR and OWNER has issued PRELIMINARY ACCEPTANCE CERTIFICATE.