COMPENSATION. The Company will pay the Director a director’s fee of $20,000.00, per annum. The director’s fee for 2021 shall be paid upon the execution and delivery of this Agreement by the Director and the Company. For each year thereafter that the Director serves in the Company’s Board of Directors, the director’s fee shall be payable on the first day of each calendar year. This fee represents a retainer for services rendered as a member of the Company’s Board of Directors, and is in addition to any fees to which the Director may be entitled under guidelines and rules established by the Company from time to time for compensating nonemployee directors for serving on, and attending meetings of, committees of its Board of Directors and the board of directors of its subsidiaries. In addition to the foregoing, the Director will be granted options (the “Options”) to purchase 20,000 shares of common stock (the “Common
Compensation. At the closing of each offering (each, a “Closing”), the Company shall compensate Network 1 as follows:
Compensation. Monopar shall pay pRx as follows:
Compensation. As compensation for the Financial Services, the Company shall pay Dawson in the amount of $30,000 per quarter, with the first of such payment due within one (1) business day of the date hereof (for an aggregate payment of $30,000), with each subsequent payment to be made 3 months following the previous payment. In addition, the Company shall grant and issue to Dawson 2,600,000 fully paid and non-assessable shares of the company’s common stock. Such common stock shall be subject to Rule 144a and issued to Dawson quarterly, with the first installment of 1,000,000 shares within three (3) business day of the date hereof, followed by quarterly releases of 550,000 for the subsequent quarter, and 525,000 for the remaining 2 quarters during the Term of this Agreement.
COMPENSATION. The Employer shall pay the Employee, as full compensation for services rendered to the
Compensation. During the Tern, the Executive shall receive, for all services rendered to the Company pursuant to this Agreement, the following:
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. The Employee shall receive a base salary of $230,000 per year, subject to ordinary tax withholding and all required deductions, payable in regular and semi-monthly installments (the "Base Salary"). Employee's Base Salary shall be reviewed annually by the Board of Directors of the Company to determine appropriate increases, if any, in such Base Salary.
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 Failure or delay on the part of any Lender or Issuing Bank to demand compensation pursuant to this Section shall not constitute a waiver of its right to demand such compensation, but Borrowers shall not be required to compensate a Lender or Issuing Bank for any increased costs incurred or reductions suffered more than nine months prior to the date that the Lender or Issuing Bank notifies Borrower Agent of the Change in Law giving rise to such increased costs or reductions and of such Lender’s or Issuing Bank’s intention to claim compensation therefor (except that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the nine-month period referred to above shall be extended to include the period of retroactive effect thereof)
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