Service and Compensation Sample Clauses

Service and Compensation. Notwithstanding that the Manager shall be an employee of the Member (or its Wholly-Owner Affiliate), the Manager shall discharge the duties set forth above. The Manager may engage other employees of the Member (or its Wholly-Owned Affiliate) of which the Manager is an employee, and/or third party contractors, to assist the Manager in discharging the duties described above. Subject to the provisions next below, the Company shall pay to the Member (or its Wholly-Owned Affiliate, as applicable), and such other employees of the Member (or its Wholly-Owned Affiliate) who are assisting the Manager, for the man-hours expended by the Manager and such other employees (rounded to the nearest quarter of a man-hour) at the rates set forth in Exhibit B attached hereto (which rates each shall escalate on the first day of each calendar year during the term hereof by an amount which is 3% of the rate applicable during the prior calendar year). The Manager shall provide to the Executive Committee, as part of the Budget, an annual budget with respect to services performed by the Manager, employees and third party contractors, as described above, and for other costs associated therewith. Any payment for services or third party contractor expenses which causes the annual budgeted amount for a budgeted category to be exceeded by 10% shall require approval of the Executive Committee. The annual budget for services to be performed by the Manager shall be reviewed quarterly by the Manager and the Executive Committee, and shall be revised as appropriate. In addition, the Manager shall communicate promptly to the Executive Committee any significant variances from estimates set forth in the Budget with respect to the services of the Manager, employees and third party contractors.

Service and Compensation. Contractor agrees to provide, on demand by TDIS, motor carrier services to meet TDIS's distinct service needs, as described in Addendum 1, under the conditions, terms and for the compensation shown in that Addendum, which may be amended from time to time in writing by mutual agreement between the Parties. Nothing contained herein shall require contractor to supply transportation equipment and drivers at any location(s) unless contractor has adequate notice to purchase and or lease transportation equipment and hire such additional drivers as TDIS's service needs require.

Service and Compensation. The Subcontractor shall provide the services to the Contractor in accordance with the terms of this Agreement and Client’s requirements for temporary workers as communicated to Subcontractor from time to time by the Contractor. Subcontractor agrees that such services shall be provided in strict accordance with the Annotated Client Contract attached hereto as Attachment B (representing the Subcontractor’s obligations to Contractor and/or Client pursuant to the Client Contract). Communication of the Client’s requirements for temporary workers shall typically be made through the XRMSM System by Acro’s State of Michigan VMS Program Account Representative. The Subcontractor shall be compensated in accordance with the fee basis specified in this Agreement and in the Rate Schedule, attached hereto as Appendix E (Cost Table) of the Annotated Client Contract, which represents the approved Not-to-Exceed (NTE) hourly billing rates payable to the Subcontractors. However, the actual billing rates payable to the Subcontractor will be the billing rates proposed by the Subcontractor for a specific Assigned Employee and approved by Client as recorded in the XRMSM System. Contractor agrees to pay Subcontractor, as specified herein, for all straight time, overtime and holiday hours worked by Subcontractor’s temporary employees (Assigned Employees) on behalf of and approved by State of Michigan. Contractor agrees to pay Subcontractor the billing rate, as mentioned above, for all of the approved hours worked by a given Assigned Employee as recorded in the XRMSM System. Contractor will not pay the Subcontractor any premium for overtime, holiday or double time work as well as other benefits, unless specifically authorized by Client in writing. Contractor will establish, staff, operate and manage a VMS Office to provide consolidated administrative services that are required by the Client Contract. Based on the diverse ways the Client business units handle procurement processes, for a given business unit these services may include receipt/distribution of requests for temporary workers, receipt/screening/distribution of Subcontractor candidate submittals to Client users, facilitation of candidate evaluation and interviews by Client users, facilitation of candidate on-boarding processes, time and expense administration, invoicing, communications, payment distribution, and perform other related duties pursuant to the Client Contract. Contractor will apply Acro’s web-based vendor mana...

Service and Compensation. Contractor agrees to provide, on demand by TRIPLE CROWN, motor carrier services to meet TRIPLE CROWN's distinct service needs. Nothing contained herein shall require Contractor to supply transportation equipment and drivers at any location(s) unless Contractor has adequate notice to purchase and or lease transportation equipment and hire such additional drivers as TRIPLE CROWN's service needs require. In any case, it is understood by the parties that the Contractor shall not be entitled to retain the natural or legal possession of the TC Equipment under the excuse of debts for the transport service. In this regard the Contractor hereby waives any provision of law applicable to the contrary to the provisions of this Agreement, especially the one provided in article 591 section VII of the Mexican Commerce Code.

Service and Compensation. (a) ▇▇. ▇▇▇▇▇ shall continue to serve in his present capacity as Chairman of the Board from January 1, 2012 until the expiration of his current term in 2012 (the “Current Service Period”), after which he may stand for reelection. During the Current Service Period, the Company shall continue to compensate ▇▇. ▇▇▇▇▇ for his service at his current rate of $200,000 per year. ▇▇. ▇▇▇▇▇ will receive this compensation through the Company’s regular, bi-weekly payroll process. During this period, ▇▇. ▇▇▇▇▇ shall not be entitled to any additional compensation, including, without limitation, bonuses, equity awards, meeting fees, retainers or other compensation, for his service on the Board or in any other capacity. (b) Provided that ▇▇. ▇▇▇▇▇ is reelected by the Company’s stockholders in the 2012 election of directors, then for periods of Board service after the Current Service Period, the Company shall pay ▇▇. ▇▇▇▇▇ such compensation and equity awards as are consistent with the Company’s then current Board Compensation Policy, provided that any annual and/or quarterly retainers shall be paid through the Company’s regular, bi-weekly payroll process. (c) While serving on the Board, ▇▇. ▇▇▇▇▇ shall be entitled to participate in all group health and insurance programs available generally to senior executives of the company (including in the case of health programs, continued coverage for ▇▇. ▇▇▇▇▇’▇ spouse and eligible dependents). In the event that ▇▇. ▇▇▇▇▇’▇ participation in any such plan or program is prohibited by operation of law or by the terms of such plan or program, the Company shall arrange to provide ▇▇. ▇▇▇▇▇ with benefits substantially similar to those which ▇▇. ▇▇▇▇▇ would have been entitled to receive had he been eligible to participate in such plans and programs. In any event, the level of benefits provided to ▇▇. ▇▇▇▇▇ under such plans while serving on the Board shall be equal to the level of benefits provided for active executives of the Company. (d) In addition, the Company will reimburse ▇▇. ▇▇▇▇▇ for all reasonable and necessary traveling expenses and other disbursements incurred by ▇▇. ▇▇▇▇▇ in connection with his service on the Board, upon presentation by ▇▇. ▇▇▇▇▇ to the Company of appropriate vouchers or documentation. (e) While serving on the Board, ▇▇. ▇▇▇▇▇ shall be treated as an employee for purposes of the Company’s stock incentive plans and any prior employment agreements which ▇▇. ▇▇▇▇▇ had with the Company, i.e., he shall retain the rig...

Service and Compensation. The Executive shall continue to serve as interim Chief Executive Officer of the Company until December 31, 2002, or if earlier, until the Company employs a permanent Chief Executive Officer. The Executive shall also continue to serve as a member of the board of directors of the Company. The Company acknowledges that the Executive will be employed simultaneously as Chief Executive Officer of Optimark Holdings, Inc. and its subsidiary, Optimark, Inc., and will serve on the boards of such companies. The Company hereby consents to such employment and to the Executive's service on the boards of directors of other companies. During the period he is serving as interim Chief Executive Officer of the Company, the Executive will receive salary and bonus payments from Optimark, Inc. and the Company shall reimburse Optimark, Inc. for a portion of such payments as agreed between the Company and Optimark, Inc. The Executive shall be compensated for his duties as a member of the board of directors of the Company (after he ceases to serve as Chief Executive Officer) at the same rate as the other independent directors serving on such board of directors. Any Company options previously granted to the Executive pursuant to Section 2 shall be taken into account in determining the Executive's compensation as a member of the Company's board of directors.

Service and Compensation. Credit for the length of service and for benefits status granted prior to going on leave is retained by the employee upon return. The employee is eligible to receive any increases which would have accrued if the employee had been on the job.