Retainer Payment definition
Examples of Retainer Payment in a sentence
The Company shall have the right to withhold all taxes and other amounts required to be withheld from the Retainer Payment under this Section 3 under applicable law.
If Revance has not paid an invoice for monthly Invoiced Expenses within 30 days of receipt of the invoice, List will apply the Retainer Payment, as necessary, to pay the unpaid invoice.
If Employee dies during the ---------------------- Transition Period, Employee's estate shall be entitled to receive an amount in cash equal to the balance of the Retainer Payment as of the date of Employee's death.
No later than [*], Revance will pay List $[*] (a "Retainer Payment") to be held on account by List as an advance reserve to be applied towards the amounts invoiced and due for Services and Product provided by List ("Invoiced Expenses") during the period [*] through [*] (the "Service Period").
If Employer assigns duties to Employee in addition to the duties set forth in Section 4(b)(i) hereof, Employee shall be compensated for the hours of work she devotes to performing such duties at an hourly rate obtained by dividing the Retainer Payment by 1,200.
The Retainer Payment will not be adjusted if Employee devotes more or less than fifty (50) hours per month to the duties set forth in Section 4(b)(i) hereof (whether or not Employer reduces the duties it requires Employee to perform during the Transition Period).
In the event the Company shall fail to make any Retainer Payment, plus GST, Conference Payment or Expense Reimbursement (except for Expense Reimbursements disputed in good faith) within thirty (30) days after receipt of written notice from ▇▇.
If there is any remaining balance in the Retainer Payment after offset for payment of the final invoice covering the Service Period, as provided in 7(b), above (the “Excess Retainer”), then List shall, at Revance’s option, apply the Excess Retainer toward future Services performed or Product manufactured by List or refund to Revance the Excess Retainer within thirty (30) days of Revance’s request.
If Employee's part-time employment is terminated for Cause during the Transition Period pursuant to Section 5(a) hereof, Employee will receive an amount in cash equal to the balance of the Retainer Payment as of the effective date of such termination and the benefits described in Sections 4(b)(iv), (v) and (vi) hereof shall continue until the end of the Transition Period.
If the Parent fails to (a) make a Retainer Payment pursuant to the Consulting Agreement, or (b) fails to make a Donation Installment, in each case, within thirty (30) days after the Parent has received written notice from ▇▇.