Commissions and Bonuses Sample Clauses

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Commissions and Bonuses. Buyer shall have no responsibility or liability for any amounts earned under profit-sharing, commission or bonus compensation plans and policies of Seller through the Closing Date, including any such profit-sharing, commissions or bonuses that depend on performance during a period that would end after the Closing Date.
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Commissions and Bonuses. Sellers and Buyer agree that Employees of the Business who become Transferee Employees will continue under the applicable commissions or bonus compensation policy of Seller through July 2, 1999. Buyer shall use commercially reasonable efforts to cooperate with Sellers in preparing the necessary sales and business performance data required to calculate such commissions or bonuses for performance during such period. Payment of such bonuses will be allocated between Sellers and Buyer on the basis of time of ownership of the unit for the applicable period for which the bonus is being paid. Sellers will use commercially reasonable efforts to forward such payments to such Transferee Employees as soon as possible, and Sellers shall invoice Buyer for its allocated share of such payments. Commissions with respect to shipments prior to the Closing Date and which were not accrued for in the Final Closing Balance Sheet will be paid by Sellers; all other commissions will be paid by Buyer.
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Commissions and Bonuses. Employee shall be eligible to receive commissions and annual bonuses in accordance with the incentive compensation plan that will be jointly developed between Employee and TACT.
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Commissions and Bonuses. 8.1 The Dealer shall be entitled to Commissions and bonuses on the terms set out in Schedule 1, or as otherwise specified by the Distributor. The Distributor reserves the right to alter the Commission rates and payments at any time. 8.2 If payment of any sum payable to the Dealer is not made on or before the due date, the Dealer shall inform the Distributor and if payment is not made within 7 days the dealer will be entitled to charge simple interest thereafter on such sum at the rate of one per cent per annum above the base rate of The Royal Bank of Scotland plc from time to time. Such right shall be the Dealer’s sole and exclusive remedy. The Dealer acknowledges such a remedy is substantial. 8.3 Where the parties agree that the Distributor can be the self-▇▇▇▇▇▇ in respect of Commission and/or bonuses, the Distributor shall issue invoices on the Dealer’s behalf in respect of the Commission and/or bonuses. In these circumstances, the Dealer confirms that it shall not issue VAT invoices in respect of Commission and/or bonuses due to the fact the Distributor will be self-billing. For the avoidance of doubt, the Distributor shall not self-bill upon the cessation of the Dealer’s right to receive Commission and bonuses. The Dealer undertakes to inform the Distributor promptly in writing in the event of any change, reissue or cancellation of its VAT number or a transfer of any part of the Dealer’s business as a going concern. 8.4 The Distributor may at any time withhold payment of, or make any deduction from any liability of the Dealer which is owed (or is alleged to be owed) to the Distributor and/or any member of the Distributor’s Group (however arising and whether such liability is present or future, liquidated or unliquidated) against any liability of the Distributor and/or any member of the Distributor’s Group to the Dealer (however arising and whether such liability is present or future, liquidated or unliquidated) whether such liability is under this Agreement or any other agreement between any member of the Distributor’s Group and any member of the Dealer’s Group or pursuant to any other cause of action which any member of the Distributor’s Group has.
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Commissions and Bonuses. (i) Deutsche Bank and the Sellers shall pay to all Transferred Employees, and remain solely responsible for, all commissions, bonuses (including all bonuses for a prorated portion of calendar year 2002) and other remuneration accrued through midnight on the Closing Date, and shall indemnify and hold Purchaser and its Affiliates harmless for all such amounts. To the extent that the Closing Date occurs prior to the date on which Deutsche Bank, the Sellers and the DB Entities pay annual bonuses in respect of calendar year 2002 (the “2002 Bonus”) to their employees generally, (A) the ratio of the bonus pool for the Business to the aggregate bonus pool for the Global Transaction Banking (“GTB”) division of Deutsche Bank and the Global Technology Operations (“GTO”) division of Deutsche Bank (the “Ratio”) for calendar year 2002 will be substantially the same as the Ratio for calendar year 2001, subject to equitable and proportionate adjustments in such Ratio due to increases or decreases in the GTB or GTO employee population and in the employee population of the Business Employees; (B) Deutsche Bank and the Sellers shall determine, in their sole discretion, those Transferred Employees who are eligible for a 2002 Bonus payment and the amount of each such payment; and (C) subject to clauses (1) through (3) below, Purchaser shall pay through Purchaser’s or its Affiliate’s payroll the 2002 Bonus on or before March 31, 2003 to the Transferred Employees in accordance with the directions provided by Deutsche Bank, provided that (1) the requested date of payment is not less than fifteen (15) Business Days following the Closing Date and Purchaser has run at least one payroll in each Transferred Employee employment location since the Closing Date, (2) Deutsche Bank and the Sellers have previously transferred the aggregate amount of such 2002 Bonus payments and all applicable tax and social withholding obligations, including the employer portion of such obligations, to an account of Purchaser, and (3) Purchaser has notice of not less than ten (10) Business Days that its assistance in making such payments is required. Notwithstanding anything contained herein to the contrary, Deutsche Bank and the Sellers shall pay any Transferred Employee who has a guaranteed 2002 Bonus such guaranteed amount and shall indemnify and hold Purchaser harmless for any claims of a Transferred Employee in respect of any 2002 Bonus guarantee. With respect to Italian Employees, the payment of any “...
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Commissions and Bonuses. 4.1 Rideshare
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Commissions and Bonuses 
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Related to Commissions and Bonuses

  • Other Compensation and Fringe Benefits In addition to any executive bonus, pension, deferred compensation and stock option plans which the Company may from time to time make available to the employee upon mutual agreement, the Employee shall be entitled to the following: (a) The standard Company benefits enjoyed by the Company's other top executives. (b) Payment by the Company of the Employee's initiation and membership dues in all social and/or recreational clubs as deemed necessary and appropriate by the Employee to maintain various business relationships on behalf of the Company; provided, however, that the Company shall not be obligated to pay for any of the Employee's personal purchases and expenses at such club. (c) Provision by the Company during the Term and any extensions thereof to the Employee and his dependents of medical and other insurance coverage under the Company's Executive Medical Plan. (d) Provision by the Company of supplemental disability insurance sufficient to provide two-thirds of the Employee's pre-disability minimum base annual salary. (e) An annual incentive bonus for each calendar year included in this Agreement calculated pursuant to a formula substantially similar to (and the formula of which will not yield a bonus less than) the FY 2001 Incentive Plan adopted by the Compensation Committee of the Company with a target bonus based upon 100% of base annual salary, a copy of which is attached hereto as Exhibit A ("Incentive Bonus"); provided, however, that the Employer's stockholders approve an annual incentive bonus plan containing substantially the terms of the Incentive Bonus prior to its payment in accordance with Section 162(m) of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder. The annual bonus shall be paid no later than March 15th of the following year and is fully vested at the end of each year in the event of a non-renewal of this Agreement by the Company. Subject to Section 7 below, the annual bonus shall be pro-rated for any partial employment year. The Company shall deduct from all compensation payable under this Agreement to the Employee any taxes or withholdings the Company is required to deduct pursuant to state and federal laws or by mutual agreement between the parties

  • Reimbursements and In-Kind Benefits Notwithstanding anything to the contrary in this Agreement, all reimbursements and in-kind benefits provided under this Agreement that are subject to Section 409A of the Code shall be made in accordance with the requirements of Section 409A of the Code, including, where applicable, the requirement that (A) any reimbursement is for expenses incurred during Executive’s lifetime (or during a shorter period of time specified in this Agreement); (B) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during a calendar year may not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; (C) the reimbursement of an eligible expense will be made no later than the last day of the calendar year following the year in which the expense is incurred; and (D) the right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit.

  • Other Compensation and Benefits Except as may be provided under this Agreement, any benefits to which Executive may be entitled through the date of Executive’s termination pursuant to the plans, policies and arrangements referred to in Section 4(d) shall be determined and paid in accordance with the terms of such plans, policies and arrangements, and except as otherwise provided by this Agreement, Executive shall have no right to receive any other compensation, or to participate in any other plan, arrangement or benefit, with respect to future periods after such termination or resignation.

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  • Public Benefits ‌ 5.1 Developer to provide Public Benefits‌ The Developer must, at its cost and risk, provide the Public Benefits to the City in accordance with this document.