Additional Cash Payments Sample Clauses

Additional Cash Payments. All Settlement Class Members may elect to receive a cash payment that will be split pro rata among Participating Settlement Class Members if there is money available in the Net Settlement Fund. Claiming this benefit does not depend on whether the Participating Settlement Class Member submits a claim for Out-of-Pocket Costs or Attested Time, but in no circumstance will a Settlement Class Member be eligible to receive more than the $15,000.00 individual cap.

Additional Cash Payments. You will receive release payments in the total amount of $550,000, less applicable taxes and deductions, payable in four equal installments on each of March 31, 2019, June 30, 2019, September 30, 2019, and December 31, 2019. These release payments will be paid 80% by FVE and 20% by RMR.

Additional Cash Payments. No later than ten (10) Business Days after the Settlement Effective Date, Reliant shall pay the cash amounts set forth in sub-sections (i) through (iii) of this Section 4.2.6: (i) $131,503,955 by wire transfer, from funds other than the Reliant Receivables, into an interest bearing escrow account designated as the Reliant Refund Escrow; and (ii) $3,500,0000 by wire transfer, from funds other than the Reliant Receivables, to the Oregon Attorney General, which shall be deposited into the Department of Justice Client Trust Account established pursuant to ORS 180.200, for distribution from that account by the Oregon Attorney General as provided by law for such funds; and (iii) $3,500,0000 by wire transfer, from funds other than the Reliant Receivables, to the Washington Attorney General, which shall be used for the direct or indirect benefit of energy consumers in the State of Washington at the sole discretion of the Washington Attorney General. Up to twelve percent (12%) of the total amount transferred to the Washington Attorney General may be used to pay for costs, attorneys’ fees and administrative expenses incurred by the Washington Attorney General in its investigation and settlement negotiations, including costs, attorneys’ fees, and administrative expenses related to implementation of this Agreement.

Additional Cash Payments. (a) Within 10 days of the Effective Time and in consideration for Executive accepting the terms of the attached Noncompetition and Nonsolicitation Agreement and the amendments to the Executive Agreements, the Executive shall receive a cash payment of $75 million. (b) Notwithstanding anything in the Executive Agreements to the contrary, in the event that any of the payments or benefits provided under this Agreement or the Executive Agreements result in Executive being subject to the golden parachute excise tax imposed by Section 4999 of the Internal Revenue Code, the Company shall make such additional payment as will make executive whole for such tax obligation, as set forth in Appendix B, which is incorporated herein by reference.

Additional Cash Payments. While you remain employed hereunder, you shall be entitled to receive the following cash payments on or about the following dates: (i) January 2, 2015, $300,000; (ii) January 2, 2016, $175,000; and (iii) January 2, 2017, $175,000; provided, however, that in the event of a termination of the Employment Term due to your death or incapacity, without cause or by you for good reason, any unpaid Additional Cash Payments shall be paid to you as promptly as practicable following such termination of the Employment Term and in no event later than 30 days following such termination. The Additional Cash Payments shall be made in accordance with Studio’s applicable payroll practices.

Additional Cash Payments. Any funds remaining in the Settlement Fund after distributions to valid claimants for out-of-pocket losses and time attestations, and payment of attorneys’ fees, costs, and service awards, will be automatically divided amongst all Settlement Class Members. Under the terms of the Settlement, ICCU has also committed to providing additional relief separate and apart from the Settlement Fund. This relief includes: ▪ Credit Monitoring and Identity Theft Restoration Services. ICCU has committed to providing 12- months of Credit Monitoring and Identity Theft Restoration Services through Kroll at no additional cost to Settlement Class Members who make a claim, regardless of whether they suffered out-of-pocket losses.

Additional Cash Payments. Buyer shall make Additional Cash Payments of $ on or before . In the event of a payment delay, Builder shall have the right to stop Work until payment is made.

Additional Cash Payments. Executive shall receive: (i) $6,226,290.00, which amounts to three years of Executive’s base salary and 2022 bonus; (ii) $1,205,850.00, which amount is intended to account for and be in lieu of any payments related to Company contributions following the Separation Date to the defined contribution plan, whether tax-qualified or non-qualified, as provided for in Sec. 7(b)(i)(B) or any other provision of the Employment Agreement; (iii) Thirty-six (36) months of 150% of Executive’s COBRA health care premiums and 150% of Executive’s monthly life insurance plan premiums at level of current participation; and (iv) reimbursement for Executive’s legal fees and expenses incurred with respect to his separation from the Company, not to exceed one hundred and thirty-five thousand dollars ($135,000.00), payable within thirty (30) days of his submission of a request for such payment and supporting invoice(s)/proof of ▇▇▇▇▇▇▇▇.

Additional Cash Payments. As part of the restructure of the remaining ------------------------ consideration, Acquiror shall pay the Company Shareholders $2,000,000 cash (the "Additional Cash"), which shall be credited toward the Acquisition Price, and payable according to the Schedule of Payments provided in the tables below. (The value of the Merger Shares in the table is intended to be an example only. The actual valuation may be different.) Example Table Acquisition Price $9,500,000 ---------- Prior Cash Payments $1,000,000 Additional Cash Payments $2,000,000 Merger Shares (Valued at 0$.4175) $6,500,000 ---------- $9,500,000