Consideration for Grant Sample Clauses

Consideration for Grant. Participant shall not be required to pay any cash consideration for the grant of an Award. In the case of grants of Units and Performance Units, as to which cash consideration at the time of grant or vesting shall not be required, the Participant's Employment from the grant date to the date of vesting shall be deemed to be consideration for the grant, which services have a value at least equal to the aggregate par value of the shares being newly issued in connection with the grant. The foregoing notwithstanding, an Award may be granted in exchange for the Participant’s surrender of another Award or other right to compensation, if and to the extent permitted by the Committee.

Consideration for Grant. Participant shall not be required to pay any cash consideration for the grant of the Awards. In the case of the grant of Units, as to which cash consideration at the time of grant or vesting shall not be required, the Participant’s performance of services to the Company from the grant date to the date of vesting shall be deemed to be consideration for the grant, which services have a value at least equal to the aggregate par value of the shares being newly issued in connection with the grant.

Consideration for Grant. 2.1 In consideration of the grant of the IRUs hereunder by QWEST to FRONTIER, FRONTIER agrees to pay to QWEST an IRU fee determined based on the QWEST System route * CONFIDENTIAL TREATMENT APPLIED FOR mileage (and allocated among the Segments based on Segment route mileage) as follows (the "IRU Fee"): (a) Initially, the IRU Fee shall be determined based on the following per- route-mile pricing: (i) $* per route mile for all Segments other than those (A) between the cities of Cleveland and Boston, as identified in Exhibit A, (B) between the City of Albany, New York and the location at ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ in New York City, as identified in Exhibit A, and (C) between the cities of Philadelphia and New York City, as identified in Exhibit A; and (ii) $* per route mile for all Segments identified in clause (a)(i)(A) above conditioned upon FRONTIER making available to QWEST at least twenty-four (24) non-zero dispersion shifted Dark Fibers between Boston and ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ at a price not to exceed $ * (failing which condition the IRU Fee shall be $* per route mile for such Segments identified in clause (a)(i)(A)) and clause (a)(i)(B) above; and (iii) $ * per route mile (unless the parties mutually agree on a lesser amount) for all Segments identified in clause (a)(i)(C) above. (e) If FRONTIER timely elects to exercise the Sacramento/Seattle Dark Fiber Option as permitted pursuant to Section 1.4(b), the IRU Fee with respect to the * CONFIDENTIAL TREATMENT APPLIED FOR Sacramento/Seattle Segments (and only such Segments) shall be redetermined based on a price of $* per route mile. (f) The IRU Fee shall (except as provided in Sections 1.2, 2.4 and 2.5) be payable with respect to each Segment according to the payment schedule set forth in Exhibit B. (a) In addition to the IRU Fee payable under Section 2.1, if and to the extent that the actual cost to QWEST (including freight and taxes) of the fiberoptic cable that includes the FRONTIER Fibers to be incorporated in any Segment is more than $*/fiber foot, FRONTIER shall reimburse QWEST for the total amount of such cost difference attributable to the FRONTIER Fibers incorporated in such Segment (including slack); provided that QWEST shall give FRONTIER at ------------- least ten (10) days prior written notice before executing and submitting to a vendor a firm commitment for any such fiberoptic cable. If and to the extent that the actual cost to QWEST (including freight and taxes) of the fiberoptic cable that includes the F...

Consideration for Grant. Although this Option may be exercised only if employment is continuous as provided in Section 3 hereof, it is understood that such employment shall, subject to the terms of any employment contract, be at the pleasure of the employer and at such compensation as the employer shall reasonably determine from time to time. Nothing in the Plan or in this Option shall confer on the Employee any right to continue in the employment of the Company or any of its affiliates or to interfere in any way with the right of the Company or its affiliates to terminate his or her employment at any time.

Consideration for Grant. 2.1 In addition to the amounts required to be paid pursuant to Sections 1.1(b) and 1.1

Consideration for Grant. 2.1 In consideration of the grant of the IRU hereunder by Pathnet to Customer, Customer agrees to pay to Pathnet, within five (5) days after the Acceptance Date, an IRU fee (the "IRU Fee") of the amount of -------- "*", payable on the Delivery Date. Payment shall be made to an escrow account specified by Pathnet.. 2.2 In addition to the amounts payable under Section 2.1, Customer shall pay directly or reimburse Pathnet for all costs and expenses to be paid by Customer as set forth in this Agreement, including, without limitation, the costs and expenses described in Articles 7, 8 and 13. 2.3 The consideration for the use of the space in Pathnet's facilities described in section 7.2 shall be as provided in the Collocation Agreement attached hereto as Exhibit H, and payable as set forth therein. 2.4 Customer shall pay the IRU Fee by wire transfer of immediately available funds to the account or accounts designated by Pathnet. 2.5 If Customer fails to make any payment under this Agreement when due, such amount shall accrue interest from the date such payment is due until paid, including accrued interest compounded monthly, at an annual rate of twelve percent (12%) or, if lower, the highest percentage allowed by law. If a dispute arises concerning an amount due by Customer, and it is later determined that the amount is due and owing to Pathnet, such amount shall bear interest from the date when due until paid, at the foregoing rate.

Consideration for Grant. As consideration for the right to use the Service Mark ▇▇▇ Trade Name, Grantee will pay Grantor a fee equal to (i) 2.75% of gross revenues of Grantee for the first three (3) years of this Agreement, (ii) 3.25% of Grantee's gross revenues for the following two (2) years of this Agreement, and (iii) 3.625% of Grantee's gross revenues for the remaining term of this Agreement, provided that after completion of the Merger the amount of such fee may not exceed (x) 2.75% of the gross revenues of Prison Realty Corporation for the first three (3) years of this Agreement, (y) 3.5% of the gross revenues of Prison Realty Corporation for the following two (2) years of this Agreement, and (z) 3.875% of the gross revenues of Prison Realty Corporation for the remaining term of this Agreement. The fee due hereunder shall be paid to Grantor by Grantee on a quarterly basis in arrears, such payments to be made on or before the 30th calendar day of the calendar quarter following the quarter for which such payment is due, with the first such payment being due on or before January 30, 1999 for the partial quarterly period ending December 31, 1998. The limitations described in clauses (x), (y) and (z) of the first sentence of this section 3 shall be applied on a quarterly basis, so that the amount of the quarterly fee payable hereunder shall equal the applicable percentage of Grantee's gross revenues for the preceding quarter as limited by the applicable percentage of Grantor's gross revenues for the preceding quarter. For purposes hereof, gross revenues means gross income as determined under Sections 856(c)(2) and (3) of the Internal Revenue Code of 1986, as amended. The parties agree to provide to each other upon request such financial and other information as may be reasonably required to determine or confirm the amount of the fee to be paid hereunder.

Consideration for Grant. Contemporaneously with the execution of this Agreement, the grant of rights hereby and the reservation of the DEVELOPMENT AREA during the term hereof, DEVELOPER shall pay to GRANTOR: (i) $___________.00 (non-refundable Area Development Fee) (ii) fifty percent (50%) of Tito's Cantina ROYALTY, TRANSFER and FRANCHISE fees received by the DEVELOPER for the duration of this Agreement.

Consideration for Grant. Participant shall not be required to pay any cash consideration for the grant of the Performance Vesting Special RSU Grant. The Participant's performance of services to the Company from the grant date to the date of vesting of the RSUs included in the Performance Vesting Special RSU Grant shall be deemed to be consideration for the grant, which services have a value at least equal to the aggregate par value of the shares being newly issued in connection with the grant. The foregoing notwithstanding, an award may be granted in exchange for the Participant's surrender of another award or other right to compensation if and to the extent permitted by the Committee.