Compensation and Expense Clause Samples

Compensation and Expense. In consideration for your execution of this Agreement and for the performance of your obligations hereunder, the Company agrees to pay you as follows:

Compensation and Expense. For all services rendered by Executive to the Company, the Company shall compensate the Executive as follows:

Compensation and Expense. The last sentence of Section 6(b) is hereby deleted in its entirety and the following sentence is substituted in lieu thereof: “In consideration of the Administrative Services and performance of all other obligations under this Agreement by the Company, ACIM will pay the Company a fee (the “Administrative Services Fee”) equal to 25 basis points (0.25%) per annum of the average aggregate amount invested by the Company under this Agreement.”

Compensation and Expense. Compensation for services rendered by members of the Joint Arbitration Board may be fixed, determined and paid by the respective appointing entity. Expenses incurred by the Board, outside of compensation to its members, in carrying out its functions shall be borne equally by the Union and the Association.

Compensation and Expense. REIMBURSEMENT ----------------------------------------- Concurrently with the execution hereof, the Company shall issue to Consultant 50,000,000 shares of $.001 par value common stock of the Company (the "Shares") which shall be registered with the United States Securities and Exchange Commission and applicable state securities agencies so as to enable the Shares to be freely saleable and tradable in the public securities markets. The Company shall use its best and diligent efforts to maintain all SEC and other registrations so as to enable said Shares to be fully saleable and tradable for a period of five (5) years from the date hereof. Consultant in providing the foregoing services shall be reimbursed for any pre-approved out-of-pocket costs, including, without limitation, travel, lodging, telephone, postage and over night shipping charges.

Compensation and Expense. The Grantors, jointly and severally, agree to pay to the Joint Collateral Agent and any co-collateral agents or successor collateral agents appointed hereunder, from time to time upon demand, (a) compensation for their services hereunder and under the Loan and Notes Security Documents and for administering the Collateral and the Loan and Notes Collateral Account in such amounts as the Grantors shall from time to time agree with the Joint Collateral Agent and (b) all the reasonable fees, costs and out-of-pocket expenses incurred by any of them (including, without limitation, the reasonable fees and disbursements of counsel) (i) arising in connection with the preparation, execution, delivery, modification and termination of this Agreement, and each Loan and Notes Security Document or the enforcement of any of the provisions hereof or thereof or (ii) incurred or required to be advanced in connection with the administration of the Collateral, the Loan and Notes Collateral Account, the sale or other disposition of Collateral pursuant to any Loan and Notes Security Document and the preservation, protection or defense of their rights under this Agreement and in and to the Collateral and the Loan and Notes Collateral Account. Each Grantor’s obligations under this Section 5.03 shall survive the termination of this Agreement, termination of the Collateral, the Discharge of the Loan and Notes Obligations, and the removal or resignation of the Joint Collateral Agent.

Compensation and Expense. (a) The Custodian acknowledges receipt on the date hereof of: (i) full compensation in advance for all services to be rendered by it hereunder during the term of this Agreement; and (ii) payment in advance for all expected expenses to be incurred by the Custodian in accordance with any provision of this Agreement (including the reasonable compensation and the expenses and disbursements of its agents and counsel during the term of this Agreement). (b) The Custodian acknowledges that the source of all payments referred to in subsection (a) above is a portion of the proceeds from the purchase by Holders of the Treasury Strips evidenced by Units and that all such amounts have been paid to the Custodian by the Representative.

Compensation and Expense. REIMBURSEMENT Concurrently with the execution hereof, the Company shall grant and issue to Consultant 25,000,000 shares of no par value common stock of the Company (the "Shares") which shall be registered with the United States Securities and Exchange Commission and applicable state securities agencies so as to enable the Shares to be freely saleable and tradable in the public securities markets. The Company shall use its best and diligent efforts to maintain all SEC and other registrations so as to enable said Shares to be fully saleable and tradable for a period of five (5) years from the date hereof. Consultant in providing the foregoing services shall be reimbursed for any pre-approved out-of-pocket costs, including, without limitation, travel, lodging, telephone, postage and over night shipping charges. The Company also agrees that if the Shares fail to attain a market price of $25,000 for five (5) separate trading days during a period of five (5) years from the date of any issuance of the shares; then the Company shall issue additional shares to Consultant in such number, at an assumed market price of $.001 per share, as will equal the difference between $10,000 and the actual aggregate valuation of such shares. If the Company fails to issue the supplemental option within five (5) days from the date of Consultants written demand notice, then it immediately shall pay to Consultant liquidated damages of $25,000.

Compensation and Expense. The Trustee shall receive the following as compensation for its services hereunder, and as payment for all its costs, fees and expenses incurred in connection with the administration of the Trust Estate (including legal fees and expenses): (a) An acceptance fee of $2,500 and an administration fee of $2,000 ("Annual Administration Fee") for the one year period commencing on the Closing Date, and each year thereafter in which it is the Trustee hereunder and under the Operative Documents; provided, however, that such Annual Administrative Fee shall be increased or decreased annually by any change in the Gross National Product Implicit Price Deflator or should such index be discontinued or abolished, the replacement index therefor or a comparable index thereof. Notwithstanding anything to the contrary herein, to the extent the Trustee has received the acceptance fee and the Annual Administration Fee with respect to any trust created as of the date of this Agreement by the original Owner Participants, Trustee shall not be entitled to any fees hereunder. Such Annual Administration Fee shall cover all of the Trustee's costs, fees and expenses of any kind incurred in connection with the administration of the Trust-Estate, including, without limitation, any fees paid to the Agent and executing and delivering loan agreement(s) and other agreements with any Lender and taking such other action under or in connection with the Operative Documents as the Owner Participants shall direct in writing. (b) The Trustee shall be entitled to compensation for any of its reasonable out-of-pocket expenses and the reasonable fees and expenses of any agent, representative, expert or counsel employed by the Trustee, incurred in connection with its administration of the Trust Estate hereunder; provided, however, that if the Trustee reasonably believes that such expenses, fees and expenses will exceed $5,000, the Trustee will obtain the prior approval thereof of a Majority in Interest of Owner Participants.