Compensation owed Sample Clauses

The 'Compensation owed' clause defines the obligation of one party to pay the other for services rendered, work completed, or losses incurred under the agreement. It typically outlines the circumstances under which compensation becomes due, such as upon completion of milestones, delivery of goods, or termination of the contract, and may specify the calculation method or payment schedule. This clause ensures that parties are fairly remunerated for their contributions and clarifies when and how payments must be made, thereby reducing disputes over financial obligations.
Compensation owed. Executive acknowledges receipt of all compensation (including, but not limited to, any and all overtime, commission, bonus payments and all other benefits except accrued but unused vacation time) due from the Company through the payroll period immediately prior to the Separation Date. Executive and the Company acknowledge that Executive will receive a lump-sum payment equal to any final compensation (including Executive’s accrued but unused vacation time of ( ) days) on the Company’s next regular payday.
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Compensation owed. Employee acknowledges receipt of all compensation (including, but not limited to, any and all overtime, commission, bonus payments and all other benefits except accrued but unused vacation time) due from the Company through the payroll period immediately prior to _______________ __, 200_. Employee and the Company acknowledge that Employee will receive a lump-sum payment equal to any final compensation (including his accrued but unused vacation time of _____________ (__) days) accrued but not yet paid to Employee on the Company's next regular payday.
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Compensation owed. ▇▇▇▇▇▇ acknowledges receipt of all compensation, including accrued but unused vacation time, due from Ascent Solar through the payroll period immediately prior to the Notice Date. ▇▇▇▇▇▇ acknowledges that he will receive all owed final compensation, including any accrued but unused vacation time and earned bonuses or pro-rate share thereof, on his Separation Date. Ascent Solar shall commence paying ▇▇▇▇▇▇ the severance benefit provided for in paragraph 6(b) of his Employment Agreement (“Contractual Severance Benefit”) commencing on the first regular payday following the Separation Date.
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Compensation owed. ▇▇▇▇▇▇ acknowledges receipt of all compensation, including, but not limited to, any and all unused vacation time, due from Quixote through the payroll period immediately prior to the Resignation Date. ▇▇▇▇▇▇ and Quixote acknowledge that ▇▇▇▇▇▇ will receive a lump-sum payment equal to any final compensation earned but not yet paid to him on Quixote’s next regular payday following the Resignation Date.
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Compensation owed. Employee acknowledges receipt of all compensation (including, but not limited to, all wages and benefits except accrued but unused paid time off) due from the Village through the payroll period immediately prior to the Separation Date. Employee shall receive all final compensation, including accrued but unused paid time off, on the first regular payday covering the payroll period of the Separation Date.
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Compensation owed. ▇▇▇▇▇ acknowledges receipt of all compensation, including but not limited to bonuses or commissions, due from the Company through and including the payroll period ending on January 11, 2013. ▇▇▇▇▇ shall receive his standard base compensation payment, less standard deductions and withholdings, through January 11, 2013. ▇▇▇▇▇ shall receive payment for all accrued but unused vacation/paid time off through the Separation Date (if any), on the Company's first regular payday following January 11, 2013. ▇▇▇▇▇ waives any entitlement to any accrual of or payment for any vacation/paid time off for the period from September 17, 2012 through January 11, 2013.
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Compensation owed. Employee acknowledges receipt of all compensation, including accrued but unused vacation time, due from Ascent Solar through the payroll period immediately prior to the Notice Date. Employee acknowledges that he will receive all owed final compensation on his Separation Date. Ascent Solar shall commence paying Employee the severance benefit provided for in paragraph 6(b) of his Employment Agreement (such $280,000.00 annualized gross salary referred to herein as the “Contractual Severance Benefit”) in twelve monthly installments commencing January 31, 2010 and ending December 31, 2010 (notwithstanding and in lieu of any other payment schedule set forth in the Employment Agreement).
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Compensation owed. Bennof acknowledges receipt of all compensation (including, but not limited to, all wages and benefits except accrued but unused vacation time) due from the Company through the payroll period immediately prior to the Separation Date. Bennof has received all final compensation, including accrued but unused vacation time but excluding any payments to which he may be entitled under the SXC Health Solutions, Inc. Deferred Compensation Plan, effective January 1, 2009, on the Company's first regular payday following the Separation Date. Nothing in this Agreement shall act to impair any right Bennof has under the SXC Health Solutions, Inc. Deferred Compensation Plan, effective January 1, 2009.
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Related to Compensation owed

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125 per hour.

  • Compensation Benefits In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • Other Compensation Unless otherwise stated, this Agreement does not include the Agent’s service of preparing the Property for sale or refinance, modernization, fire or major damage restoration, rehabilitation, financial accounting or legal advice, representation before public agencies, advising on proposed new construction, debt collection, counseling, attending any Association or Condominium meetings, and any other obligation not listed as a Service. If the Owner requests the Agent to perform services not included in this Agreement, a fee shall be agreed upon before such services are performed.