As compensation for his services hereunder, the Company shall pay to Executive during the Term:
Compensation. Subject to the approval of the Companys Board of Directors, Advisor will be granted a nonstatutory stock option under the Companys 2014 Equity Incentive Plan to purchase up to 142,132 shares of the Companys Common Stock. 1/24th of the aggregate number of shares subject to such option shall vest on the corresponding day of each month after July 30th 2014 subject to Advisor continuing to be a service provider to the Company through each such date. The option will be evidenced by and subject to all of the terms of the Companys form of stock option agreement.
Compensation. As compensation for your services to the Company,you will receive upon execution of this Agreement a compensation of $30,000 for each calendar year of service under this Agreement on a pro-rated basis,payable on a monthly basis.You shall be reimbursed for reasonable expenses incurred by you in connection with the performance of your Duties (including travel expenses for in-person meetings).
Compensation. During the Management Period, the Company shall remit to the Manager those amounts distributable pursuant to the allocation and distribution scheme in Section 3(b) above.
Compensation. In consideration for the Consulting Services rendered by the Consultant hereunder, the Company shall pay the Consultant compensation as follows;
Compensation. In consideration for the services rendered by the Employee hereunder, the Company shall pay the Employee compensation as follows:
Compensation. Any compensation paid to Employee pursuant to the Agreement shall not be considered “Compensation” as defined in Employee Savings Plan or “Earnings” as defined in Pension Plan. Payments to Employee shall not be considered wages, salary or compensation under any other Company-sponsored employee benefit or compensation plan or program, unless the explicit terms of such plan or program provide otherwise.
Compensation. Your compensation will be $500 per hour. Please maintain accurate records of hours spent performing the services and submit monthly invoices which will be paid and processed within two weeks. You will receive an IRS Form 1099 for all compensation paid pursuant to this agreement. You will be responsible for all taxes associated with this compensation.
Compensation. Magenta will pay BTMB for Services performed under and meeting the requirements of this Agreement and corresponding Rider(s).
Compensation. The Company shall pay Employee a base monthly salary of $10,000.00 (the “Compensation”).
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