AMOUNT AND METHOD OF COMPENSATION Not To Exceed Amount Compensation Clause Samples

The "Amount and Method of Compensation Not To Exceed Amount Compensation" clause sets a maximum limit on the total compensation that can be paid under a contract and outlines how payments will be calculated or disbursed. Typically, this clause specifies a dollar cap that cannot be surpassed, regardless of actual costs or hours worked, and details whether payments are made in installments, upon milestones, or as a lump sum. Its core function is to control costs and provide financial certainty for both parties by preventing overruns and clarifying payment procedures.
AMOUNT AND METHOD OF COMPENSATION Not To Exceed Amount Compensation. The method of compensation for each Task Order shall be not to exceed as agreed upon per Task Order and described in Section 7.1.1 below.
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Related to AMOUNT AND METHOD OF COMPENSATION Not To Exceed Amount Compensation

  • Amount of Compensation City shall pay Contractor for performance of all Services rendered in accordance with this Contract in an amount not to exceed $3,000,000.

  • Cash Compensation The Company shall pay to the Executive compensation for his services during the Contract Period as follows:

  • Method of Compensation It is understood by the parties that, insofar as pay is concerned, employees temporarily filling a position in a higher broadband level shall be paid according to the same compensation method as promoted employees pursuant to the Rules of the State Personnel System.

  • Maximum Compensation There is a maximum compensation for this Agreement and a separate maximum compensation for each Approved Service Order.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.