Alternate Payment Negotiation Sample Clauses

Alternate Payment Negotiation. The Executive may agree to alternate forms of compensation such as registered Company Stock instead of cash, but only if mutually agreed and deemed by the Executive to be of equal or higher final worst case estimated liquid cash value than the total amounts due to the Executive. To the extent any of the foregoing insurance or expense reimbursement payments are deemed to potentially constitute taxable income to the Executive by a tax professional, the Company shall also pay to the Executive the amount of any actual federal and State income taxes incurred by Executive in connection with such payment.
View Source

Related to Alternate Payment Negotiation

  • Alternate Payment and Notice Provisions Notwithstanding any provision of this Indenture or any of the Notes to the contrary, the Issuer may enter into any agreement with any Holder of a Note providing for a method of payment, or notice by the Indenture Trustee or any Paying Agent to such Holder, that is different from the methods provided for in this Indenture for such payments or notices. The Issuer will furnish to the Indenture Trustee a copy of each such agreement and the Indenture Trustee will cause payments to be made and notices to be given in accordance with such agreements.

  • Termination of Payment Fund Any portion of the Payment Fund that remains undistributed to the holders of Certificates and Book Entry Shares for twelve months after the Effective Time shall be delivered by the Paying Agent to the Parent, upon demand, and any holder of a Certificate or Book Entry Shares who has not theretofore complied with this Article II shall thereafter look only to the Parent for payment of the Merger Consideration, but shall have no greater rights against the Parent than may be accorded to general unsecured creditors of the Parent under applicable law.

  • Other Payment Terms 28 2.09. Loan Accounts; Notes.......................................................................... 29 2.10. Loan Funding.................................................................................. 30 2.11. Pro Rata Treatment............................................................................ 30 2.12. Change of Circumstances....................................................................... 31 2.13. Taxes on Payments............................................................................. 33 2.14. Funding Loss Indemnification.................................................................. 35 2.15. Security...................................................................................... 35

  • Notice of Payment of Termination Payment As soon as practicable after a liquidation, Notice shall be given by the Non-Defaulting Party to the Defaulting Party of the amount of the Termination Payment and whether the Termination Payment is due to the Non-Defaulting Party. The Notice shall include a written statement explaining in reasonable detail the calculation of such amount and the sources for such calculation. The Termination Payment shall be made to the Non-Defaulting Party, as applicable, within ten (10) Business Days after such Notice is effective.

  • Civil Penalty Payment Method ▇▇▇▇▇▇ shall pay the civil penalty by check, credit card, wire transfer, or portal, payable to CARB, using instructions provided separately by CARB in a Payment Transmittal Form. ▇▇▇▇▇▇ is responsible for all payment processing fees. Payments shall be accompanied by the Payment Transmittal Form to ensure proper application. CARB shall deposit the civil penalty amount into the Air Pollution Control Fund for the purpose of carrying out CARB’s duties and functions to ensure the integrity of its air pollution control programs. Should payment instructions change, CARB will provide notice to ▇▇▇▇▇▇ in accordance with Paragraph 12 (Notices).