Example ContractsClausesForgo Compensation
Forgo Compensation
Forgo Compensation contract clause examples

As compensation for the consulting services described above, Vulcan agrees to pay Consultant $25,000.00 per month for no more than 30 hours of work per month.

Forgo Compensation. Each Non-Employee Director will be eligible to forgo all or a portion of his or her Board Compensation for any Term. Elections with respect to any Term must be made in writing to the Company prior to the start of such Term and all such elections will be irrevocable.

COMPENSATION. Company agrees to pay Consultant the compensation set forth in [Exhibit 1].

Compensation. In full payment for Executive’s services, Employer shall provide to Executive compensation and benefits determined in accordance with this Section 4.

The Parties forgo a probationary period.

Compensation. As full compensation for all services rendered by the Executive to the Company and any of the other [[Company,:Organization]] Companies during the Term of Employment, the Company will provide to the Executive the following:

Forgo Compensation. Each Non-Employee Director will be eligible to forgo all or a portion of his or her Board Compensation for any Term. Elections with respect to any Term must be made in writing to the Company prior to the start of such Term and all such elections will be irrevocable.

Forgo Compensation. Each Non-Employee Director will be eligible to forgo all or a portion of his or her Board Compensation for any Term. Elections with respect to any Term must be made in writing to the Company prior to the start of such Term and all such elections will be irrevocable.

In light of the global COVID-19 pandemic, Executive volunteered to forgo 100% of his base salary from April 1, 2020 until May 31, 2020 and the Board of Directors of the Company agreed to reduce his compensation accordingly.

Compensation. No Manager will receive any compensation from the Company for serving as Manager, and each Manager will be responsible for its own costs and expenses in acting in such capacity.

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