Compensation Components Clause Samples
The COMPENSATION COMPONENTS clause defines the various elements that make up an employee's total pay package. It typically outlines the base salary, bonuses, commissions, benefits, and any other forms of remuneration or incentives provided by the employer. By clearly specifying each component, this clause ensures transparency in how compensation is structured and helps prevent misunderstandings or disputes regarding what the employee is entitled to receive.
Compensation Components. Compensation for services rendered shall be paid on a time and expenses basis at the usual and customary rates for the services actually rendered, as stated in CONSULTANT’S Proposal, attached hereto as Attachment 2 and incorporated by reference in Exhibit A, and shall not exceed $ . Total compensation, including fees, expenses, and profit for services rendered by CONSULTANT shall not exceed the Maximum Total Payment Amount under this Agreement listed above.
Compensation Components use appropriate options such as T&E, lump sum, cost plus fixed fee, etc.
Compensation Components. Compensation for services rendered under this Agreement shall be in accordance with the fee schedules, as summarized above. Services rendered shall be billed at the usual customary rates for the services actually rendered. Total compensation, including fees, expenses, and profits, for services rendered by SUBRECIPIENT shall not exceed the Maximum Total Payment Amount indicated above.
Compensation Components. Base Salary
Compensation Components. As of the Effective Date of this Restated Agreement, the Fund agrees to pay and the Adviser agrees to accept as compensation for the investment advisory and management services provided by the Adviser hereunder, a fee consisting of two components: (1) a base management fee (the “Base Management Fee”), and (2) an incentive fee (the “Incentive Fee”), each as hereinafter set forth. The Fund shall make any payments due hereunder to the Adviser or to the Adviser’s designee as the Adviser may otherwise direct. To the extent permitted by applicable law, the Adviser may elect to defer or waive all or a portion of its fees hereunder for any period of time.
Compensation Components. SJCC’s compensation shall be comprised of the following items:
(A) Utility shall pay to SJCC on a monthly basis an amount equal to the monthly Tier 1 Tonnage Allocation included in the Approved Annual Operation Plan multiplied by the applicable Tier 1 Price; provided that, for the avoidance doubt, such amount shall be paid in each month regardless of whether any tons are actually delivered to the Delivery Point(s).
(B) Utility shall pay to SJCC on a monthly basis an amount equal to one-twelfth (1/12) of the Annual Preexisting Stockpile Amount (“Monthly Preexisting Stockpile Amount”) (which the Parties acknowledge and agree shall be zero (0) in certain Contract Years) multiplied by the applicable Reduced Price; provided that, for the avoidance doubt, such amount shall be paid in each month regardless of whether any tons are actually delivered to the Delivery Point(s).
(C) In consideration for each ton of coal processed in accordance with Section 7.3 and delivered to the Delivery Point(s) and constituting Acceptable Coal and in excess of the sum of the monthly Tier 1 Tonnage Allocation plus Monthly Preexisting Stockpile Amount, Utility shall pay to SJCC the applicable Tier 2 Price. Coal Supply Agreement
(D) Reimbursement of the actual and substantiated taxes and royalties identified in Exhibit I that are reasonably incurred in connection with the work performed under this Agreement with no markup or overhead; provided that SJCC shall exert commercially reasonable efforts in accordance with Prudent Mining Practices to minimize the total amount of such taxes and royalties paid in connection with SJCC’s work performed under this Agreement.
(E) Reimbursement of the Utility Payment Stream in accordance with Section 8.2.
(F) Reimbursement of the REI (as defined in the Fruitland Coal Sublease).
(G) Reimbursement of the Substitute REI in accordance with Section 8.3.
(H) Reimbursement of the Ute ROW in accordance with Section 8.4.
Compensation Components. 19 8.2 Mining and Reclamation Component................................19 8.3 Coal Processing Component.......................................24 8.4 Non-SJCC Coal and Alternate Coal Costs..........................27 8.5
Compensation Components