Contingent Compensation definition

Contingent Compensation means compensation that is contingent upon and payable only (a) to the extent of the receipt of revenues from the exploitation of a particular motion picture, video, television or interactive program or (b) upon the passage of time or the occurrence of an identified event. Examples of such contingent compensation include, but are not limited to, deferred cash payments for rights or services, or gross or net profit or proceed participations.
Contingent Compensation means sixty five percent (65%) of the Underwriting Profit or Underwriting Loss for each Accident Year.
Contingent Compensation means Compensation that is to be paid to the Executive at some later date and is contingent upon the Executive’s fulfillment of the specific obligations or satisfaction of specific objectives set forth in this Agreement, if any; for avoidance of doubt, Executive does not have any Contingent Compensation currently;

Examples of Contingent Compensation in a sentence

  • The override of such reduction in Contingent Compensation Payments pursuant to this Section 4.3(b) shall be referred to as a “Section 4.3(b) Override.” For purpose of this paragraph, if any federal or state income taxes would be attributable to the receipt of any Eliminated Payment, the amount of such taxes shall be computed by multiplying the amount of the Eliminated Payment by the maximum combined federal and state income tax rate provided by law.

  • The override of such reduction in Contingent Compensation Payments pursuant to this Section 4.3(b) shall be referred to as a “Section 4.3(b) Override.” For purposes of this paragraph, if any federal, state or local income taxes would be attributable to the receipt of any Eliminated Payment, the amount of such taxes shall be computed by multiplying the amount of the Eliminated Payment by the maximum combined federal, state and local income tax rate provided by law.

  • The override of such reduction in Contingent Compensation Payments pursuant to this Section 4(e)(ii) shall be referred to as a “Section 4(e)(ii) Override.” For purpose of this paragraph, if any federal or state income taxes would be attributable to the receipt of any Eliminated Payment, the amount of such taxes shall be computed by multiplying the amount of the Eliminated Payment by the maximum combined federal and state income tax rate provided by law.

  • The override of such reduction in Contingent Compensation Payments pursuant to this Section 9(b) shall be referred to as a “Section 9(b) Override.” For purpose of this paragraph, if any federal or state income taxes would be attributable to the receipt of any Eliminated Payment, the amount of such taxes shall be computed by multiplying the amount of the Eliminated Payment by the maximum combined federal and state income tax rate provided by law.

  • Within 90 days after the due date of each Contingent Compensation Payment to the Executive, the Company shall pay to the Executive, in cash, the Gross-Up Payment with respect to such Contingent Compensation Payment, in the amount determined pursuant to this Section 4.3(a).


More Definitions of Contingent Compensation

Contingent Compensation means compensation that becomes payable only upon the occurrence
Contingent Compensation. Videogames have grown into a multi-billion dollar industry where the top titles earn more than even the highest-grossing blockbuster movies, yet the Interactive Media Agreement, uniquely among our contracts, does not provide for a residual or any other form of back-end compensation. We are demanding a simple back-end payment that would be capped and apply only to successful games.
Contingent Compensation is amended by deleting the first sentence in its entirety and substituting the following sentence in lieu thereof: "On January 15, 1997 and on each January 15 during the term of the Agreement thereafter, the Company, in addition to the Base Salary, any Special Bonus and any other benefits due to Employee pursuant to the Agreement, agrees to pay Employee a bonus (the "Bonus") for the Company's respective calendar years ending 1996, 1997, 1998 and 1999 to the extent the Company, in such respective calendar year, has achieved at least 80% to 120% (the "Performance Percentage") of each of the mutually agreed financial targets."
Contingent Compensation means "Post-1997 Contingent Compensation" and "1997 Contingent Compensation" (as defined in the Plan), (b) "Equity Bonus" shall mean and include the terms
Contingent Compensation means Compensation paid by a Zurich Insurer to a Broker or Agent that is contingent upon the Broker or Agent: a) placing a particular number of policies or dollar value of premium with the Zurich Insurers; b) achieving a particular level of growth in the number of policies placed or dollar value of premium with the Zurich Insurers; c) meeting a particular rate of retention or renewal of policies in force with the Zurich Insurers; d) placing or keeping sufficient insurance business with the Zurich Insurers to achieve a particular loss ratio or any other measure of profitability; or e) obtaining anything else of material value for a Zurich Insurer.
Contingent Compensation means any commission or
Contingent Compensation means any compensation or other valuable consideration of any kind paid by an insurance carrier that is contingent upon HRH’s: a) placing a particular number of policies or dollar value of premium with the insurer, excepting standard commissions, b) achieving a particular level of growth in the number of policies or dollar value of premium placed with an insurer, c) meeting a particular rate of retention or renewal of policies in force with an insurer, d) placing or keeping sufficient insurance business with the insurer to achieve a particular loss ratio or any other measure of profitability, e) providing preferential treatment in the placement process, including but not limited to the giving of last looks, first looks, rights of first refusal, or limiting the number of quotes sought from insurers for insurance placements, or f) obtaining anything else of material value for an insurer.