Compensation for Services Provided. As compensation for providing portfolio supervisory services in its capacity as Portfolio Supervisor, evaluation services in its capacity as Evaluator, and for providing bookkeeping and other administrative services to the Trust of a character described in Section 26(a)(2)(C) of the Investment Company Act of 1940, and to the extent that such services are in addition to, and do not duplicate, the services to be provided hereunder by the Trustee, First Trust Advisors L.P. shall receive, in arrears, against a statement or statements therefor submitted to the Trustee monthly or annually an aggregate annual fee in the per Unit amount set forth in Part II of the Trust Agreement for the Trust, calculated based on the largest number of Units outstanding during the calendar year, except during the initial offering period as determined in Section 4.01 of this Indenture, in which case the fee is calculated based on the largest number of Units outstanding during the period for which the compensation is paid (such annual fee to be pro rated for any calendar year in which First Trust Advisors L.P. provides services described herein during less than the whole of such year). Such fee may exceed the actual cost of providing such services for the Trust, but at no time will the total amount received for such services rendered to unit investment trusts of which the Depositor is the sponsor in any calendar year exceed the aggregate cost to First Trust Advisors L.P. of supplying such services in such year. Such compensation may, from time to time, be adjusted provided that the total adjustment upward does not, at the time of such adjustment, exceed the percentage of the total increase after the date hereof in consumer prices for services as measured by the United States Department of Labor Consumer Price Index entitled "All Services Less Rent of Shelter" or similar index, if such index should no longer be published. The consent or concurrence of any Unit holder hereunder shall not be required for any such adjustment or increase. Such compensation shall be paid by the Trustee, upon receipt of an invoice therefor from First Trust Advisors L.P., which shall constitute the representation by First Trust Advisors L.P. that the bookkeeping and administrative services for which compensation is claimed are properly compensable hereunder and that the aggregate cost incurred by First Trust Advisors L.P. of providing portfolio supervisory, evaluation and bookkeeping and administrative serv...
Compensation for Services Provided. A. Contractor will be compensated exclusively by Detroit Medical Center for authorized services rendered in accordance with the following schedule: Xxxxx Xxx Xxx, Managing Director - $525/hour Xxxx Xxxxx, Director - $425/hour Xxxxx Xxxxxxx, Director - $425/hour Xxxxx Xxxxxx, Associate - $235/hour Department’s contract with DMC shall require DMC to pay Contractor a retainer in the amount of $25,000 to cover fees and out of pocket expenses of Contractor. The retainer is not a substitute for DMC’s timely payment of fees and out of pocket expenses. The retainer shall be paid to Contractor before Contractor is obligated to perform any work in respect of the review. At the completion or earlier termination of the work in respect of the review, without further authorization from Department, Contractor may apply the retainer to any unpaid fees, out of pocket expenses and other charges due Contractor, and any amount of the retainer that is not required to pay Contractor’s fees, out of pocket expenses, or other charges will be refunded to DMC at such time. Department acknowledges that: (i) the retainer will not be held in a separate account and may be deposited into Contractor’s general operating account and (ii) neither DMC nor Department is entitled to any interest on the retainer. The cost of secretarial and clerical employees utilized by Contractor is part of Contractor’s agreed upon fee and such services will not be separately billed to the Department for payment by the DMC. No other additional compensation shall be allowed except by prior written permission from the Department.
B. Contractor will be compensated by DMC and/or VHS for necessary travel time expended in the performance of the services covered by this Contract. Travel time will be compensated at the hourly rate of $100.00, provided that Contractor may instead bill according to the schedule above for Contract services actually performed while traveling.
C. Contractor understands that an initial budget ceiling of $200,000 for services provided (not including expenses) has been established, provided that due to the nature of the services, the difficulty in estimating actual costs and the demand for services, the initial budget ceiling may be raised by the Department’s written authorization. An increase of the budget ceiling shall not affect the established hourly rates. The combined fee for services rendered (not including expenses) for Experts retained by the Department is capped at $600,000.
Compensation for Services Provided. A. The Expert Contract will specify an Opinion Fee of $65,000 for Expert Services related to the Transaction, payable upon delivery of the Opinion. Additionally, the Expert Contract identifies other potential services that may be requested by the Department. If requested, the other potential services identified in Exhibit A, Paragraph 2 will be billed at the Expert’s standard hourly rates.
B. Buyer will make the payments specified in paragraphs 2.B.1 and 2.B.2 of this Contract and shall pay all invoices within 14 days after receipt.
Compensation for Services Provided. A. Contractor will be compensated exclusively by DLP for authorized services rendered in accordance with this Agreement. Department’s contract with DLP shall require DLP to pay Contractor a retainer in the amount of $75,000 to cover fees and out of pocket expenses of Contractor. The retainer is not a substitute for DLP’s timely payment of fees and out of pocket expenses. The retainer shall be paid to Contractor before Contractor is obligated to perform any work in respect of the review. At the completion or earlier termination of the work for the review, without further authorization from Department, Expert may apply the retainer to any unpaid fees, out of pocket expenses and other charges due Expert in accordance with this Agreement, and any amount of the retainer that is not required to pay the Expert’s fees, out of pocket expenses, or other charges in accordance with this Agreement will be refunded to DLP at such time. Department acknowledges that: (i) the retainer will not be held in a separate account and may be deposited into Expert’s general operating accounts and (ii) DLP is not entitled to any interest on the retainer. The cost of overhead, including secretarial and clerical employees utilized by Contractor, is part of Contractor’s Fixed-Fee (as defined in subsection 4.C) and such services will not be separately billed to the Department for payment by DLP. No other additional compensation shall be allowed except by prior written permission from the Department provided that DLP’s maximum liability for payment of services rendered (not including expenses) by Expert is capped at $200,000.
B. Contractor’s fixed fee specified in subsection 4.C below includes compensation for necessary travel time expended in the performance of the services covered by this Agreement.
C. Contractor’s services will be provided in accordance with this Agreement and Exhibit A attached hereto. The services will be performed under the supervision of Xxx X. Xxxxxxxxx, Xxxxxxx X. Xxxxxxxx, Xxxx X. XxxXxxxxx and Xxxx X. Xxxxxxxx with additional support from Contractor’s employees as needed, subject to the overhead, secretarial and clerical employees provisions of subsection 4.A of this Agreement. Contractor’s professional fees for all services described in this Agreement and Exhibit A hereto shall be a fixed-fee of $150,000 (the “Fixed-Fee”). Contractor also shall be reimbursed for out-of-pocket expenses. Contractor must provide receipts for all out-of- pocket expenses for which...
Compensation for Services Provided. 3.1 The MICRC agrees to pay the Professional Contractor for the proper performance of Services on an hourly basis billed at a rate of $50.00 per hour. With the MICRC Executive Director’s prior written permission, work may be performed by other Professional Contractor staff whose hourly rates range from $80.00 per hour to $160.00 per hour. The total fee must not exceed $4,999.99. The total amount of compensation for services during the term of the Agreement shall not exceed the value set forth in this section.
3.2 It is understood and agreed by the parties that the fee stated above for performance of Services is inclusive of any and all renumeration to the Professional Contractor, and Professional Contractor shall not receive any fringe benefits including, but not limited to, overtime pay, holiday pay, sick pay, vacation pay, retirement benefits, pension benefits and insurance benefits.
3.3 Professional Contractor is responsible for all payroll taxes connected with the performance of the Services to the MICRC under this Agreement. Professional Contractor shall be solely responsible to pay all applicable federal, state, and local payroll taxes and to file all related returns and reports in connection with the performance of Services to the MICRC under this Agreement. Professional Contractor acknowledges that the MICRC has no obligation to and will not withhold taxes of any kind or nature with respect to the Services performed by Professional Contractor. Professional Contractor shall indemnify and hold the MICRC harmless to the extent of any obligation of the MICRC to pay any payroll taxes, including any withholding taxes, social security taxes or unemployment taxes or similar items in connection with any payments made to Professional Contractor by the MICRC.
3.4 Any additional services requested by the MICRC shall be payable as mutually agreed upon in writing and approved by the MICRC.
3.5 Payment for the proper performance of Services shall be made following submission of an invoice for payment to the Executive Director of the MICRC. Invoices may be submitted on a bi-weekly or monthly basis and shall include the following information: Date of performance, hours and description of the Services rendered on that date.
3.6 The MICRC may provide reimbursement for actual expenses as set forth in this section. The QuickBooks Online subscription and mileage, based on standard State of Michigan guidelines, will be eligible for reimbursement. To receive reimbursement...
Compensation for Services Provided. 4.1 Buyer shall pay Seller a fee of $45,000.00 for its services hereunder payable in three (3) monthly installments of $15,000.00 each on April 2, May 3 and June 28, 1999. In addition, buyer shall reimburse Seller for its reasonable and customary out-of-pocket expenses incurred by it in the performance of its duties hereunder. All payments shall be made in United States Dollars at the address shown therefor in the Purchase Agreement.
Compensation for Services Provided. From September 1, 1999 to the date of this Agreement, Employee has served as a Consultant of Employer. Upon the execution of this Agreement, Employer will tender a check payable to Employee in the amount of eighty-thousand United States dollars (US$80,000) representing the balance of compensation due to Employee for his services as a Consultant.
Compensation for Services Provided. A. Contractor will be compensated exclusively by LifePoint for delivery of Xxxxxx’s written report and opinion for each of the Transactions (collectively, the “Opinions”). Department’s contract with LifePoint shall require LifePoint to pay Contractor a single fixed fee of $100,000 (the “Opinion Fee”) for all Expert Services related to both Transactions upon delivery of both Opinions. The cost of overhead, including secretarial and clerical employees utilized by Contractor, is part of Contractor’s Opinion Fee and such services will not be separately billed to the Department for payment by LifePoint. The Opinion Fee shall further include compensation for necessary travel time expended in the performance of the services covered by this Agreement. Contractor’s Expert Services will be provided in accordance with this Agreement and Exhibit A attached hereto.
B. Contractor also shall be reimbursed for the out-of-pocket expenses described in Section 5. Contractor must provide receipts for all out-of-pocket expenses for which reimbursement is requested. Contractor will not be compensated for travel time expended in the performance of the services covered by this Contract. The cost of secretarial and clerical employees utilized by Contractor is part of Contractor's agreed upon fee and such services will not be separately billed to the Department. No other additional charges shall be allowed except by prior written permission from the Department, which shall not be unreasonably withheld.
Compensation for Services Provided. A. Contractor will be compensated by Buyer for delivery of Expert’s written report for the Transaction (the “Report”). Department’s contract with Buyer shall require Buyer to pay Contractor a fee which is estimated to be between $57,000 and $77,000 (the “Expert Fee”) for all Expert Services related to the Transaction upon delivery of the Report. The cost of overhead, including secretarial and clerical employees utilized by Contractor, is part of Contractor’s Expert Fee and such services will not be separately billed to the Department for payment by Buyer. The Expert Fee shall further include compensation for necessary travel time expended in the performance of the services covered by this Agreement. Contractor’s Expert Services will be provided in accordance with this Agreement and Exhibit A attached hereto.
B. Contractor also shall be reimbursed for the out-of-pocket expenses described in Section 5. Contractor must provide receipts for all out-of-pocket expenses for which reimbursement is requested.
C. The hourly rates for AlixPartners personnel are as follows:
Compensation for Services Provided. The Company agrees to pay to the Consultant a one-time fee of USD $30,000.00 (thirty thousand dollars) (the “Fee”) for Strategic Services rendered. (
