Fee. Licensee shall pay Licensor a fee of ( USD) on or before March 15, 2023 as consideration for this Amendment # 2.
Fee. The Company shall pay the Director a fee for services hereunder of Fifty Thousand Dollars ($50,000) per annum (the “Board Compensation”) to be paid in equal quarterly installments of Twelve Thousand Five Hundred Dollars ($12,500) (the “Quarterly Payments”) beginning with the initial payment on June 30, 2021. Following the Initial Payment, Quarterly Payments shall be due on the last business day of each September, December, March and June in the Directorship Term hereof (the “Payment Dates”). The Board Compensation shall be paid either in readily available funds or fully paid, validly issued and non-assessable common stock of the Company (the “Common Stock”), at the sole option of the Board Member, to be exercised by written notice to the Company on or prior to the Payment Date, failing which the Board Compensation shall be paid in cash. In the event that a Quarterly Payment is to be remitted in Common Stock, the number of shares shall be determined by dividing the Quarterly Payment by the closing sale price of the Common Stock on the trading day immediately preceding the applicable Payment Date, as reported by the principal trading market for the Common Stock.
Fee. During the Term, the Company shall pay [[Mr. Kanas:Person]] an annual fee of $200,000 (the "Fee"), payable in arrears in equal monthly installments on the 15th day of each calendar month (or the following business day), with the first such payment for the month of January 2017 to be made on February 15th, 2017.
Fee. The Parties acknowledge that TCDS has paid to EDS the amounts specified in Exhibit A (Assignment Fees) in consideration for the prior grant of rights under the Assignment Agreement.
For the avoidance of doubt, the purpose of this waiver agreement is to reduce the base management fees payable to the Adviser by the Company during the Waived Period. In order to ensure that the Reduced Base Management Fee is less than the Base Management Fee that would otherwise be payable under the Current Investment Advisory Agreement, the Adviser will, for the Waived Period, calculate the Reduced Base Management Fee and the Base Management Fee under the terms of the Current Investment Advisory Agreement. If, for any portion of the Waived Period, the Reduced Base Management Fee would be greater than the Base Management Fee calculated under the terms of the Current Investment Advisory Agreement, the Adviser shall only be entitled to the lesser of those two amounts.
Effective as of January 1, 2022 (the Effective Date) through March 24, 2022 (the Termination Date) (the Waived Period), we hereby agree to calculate the Base Management Fee as indicated below (defined below as the Reduced Base Management Fee), and to waive such portion of the Base Management Fee that is in excess of the Reduced Base Management Fee that the Adviser would otherwise be entitled to receive under the Current Investment Advisory Agreement prior to the Effective Date.
Pursuant to [Section 8] of the IMA, as full compensation for all administrative and investment management and advisory services furnished or provided by FCM, the Company pays FCM a management fee, consisting of i) a base management fee (the “Base Management Fee”), calculated and paid quarterly in arrears, at an annual rate of 2.00% of the gross assets (calculated as described in the IMA) of the Company for such quarter, and (ii) an incentive fee (the “Incentive Fee”), calculated as described in the IMA and paid in arrears after the end of each fiscal year (the Base Management Fee and the Incentive Fee together, the “Management Fee”).
Base Salary. You will receive an annual base salary of $1,250,000 (“Base Salary”), payable by the Company in accordance with its normal payroll practices.
Base Salary. During the Employment Period, the Company will pay to Executive a base salary in the amount of U.S. $775,000 per year (the “Base Salary”), payable in equal bi-weekly or other installments as provided under the Company’s standard payroll practices in effect for senior executives from time to time. Executive’s Base Salary will be reviewed at least annually and, subject to approval of the Committee, the Company may increase Executive’s Base Salary from time to time. The periodic review of Executive’s salary by the Committee will consider, among other things, Executive’s own performance and the Company’s performance.
During the term of this Agreement, while the Executive is employed as a Managerial Employee, the [[Organization A:Organization]] shall pay the Executive, for services rendered, a base salary (“Base Salary”), subject to applicable tax withholdings and other authorized deductions. Unless otherwise stated in this Agreement, the Executive’s annual Base Salary on the Effective Date is set forth in Exhibit A of this Agreement.
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