Sole Remuneration Clause Samples

The Sole Remuneration clause establishes that the compensation specified in the agreement is the only payment the receiving party is entitled to for the services or work performed. In practice, this means that the party cannot claim additional fees, bonuses, or reimbursements beyond what is expressly stated in the contract, regardless of any extra work or unforeseen expenses. This clause serves to prevent disputes over additional payments and ensures that both parties have a clear understanding of the total financial obligations under the agreement.
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Sole Remuneration. The payments set out in this Section 3 represent Licensor’s sole remuneration for all rights and licenses granted under this Agreement.
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Sole Remuneration. The Owner shall pay the Construction Manager, as Construction Manager’s sole remuneration in connection with the Project, the Construction Cost in accordance with Section 2.10.
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Sole Remuneration. Reseller’s sole remuneration for performing its responsibilities under this Agreement shall be the payments it receives from its Customers and Authorized Resellers, less the amounts payable to NetSuite KK under this Agreement. Reseller and its Authorized Resellers are solely responsible for establishing the prices charged to Customers and Authorized Resellers for Product. No failure to collect payment from any Customer or Authorized Reseller shall relieve Reseller of its obligation to pay NetSuite KK under this Agreement.
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Sole Remuneration. The payment of both the license fee set forth ----------------- in Section 3.1 and the issuance of stock set forth in Section 3.2, both to Standard Energy on behalf of Coloray, shall be Licensor's sole remuneration for the license and rights granted by Licensor to PixTech hereunder and no payments, royalties or other compensation shall accrue or be due to Coloray under this Agreement except as specifically set forth in this Section 3.
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Sole Remuneration. The payments set out in this Section 5 represent Accuray’s sole remuneration for all rights and licenses granted under this Agreement.
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Sole Remuneration. NetSuite KK’s sole remuneration for performing its responsibilities under this Agreement shall be the payments it receives from its Customers and Authorized Resellers, less the amounts payable to NetSuite under this Agreement. NetSuite KK and its Authorized Resellers are solely responsible for establishing the prices charged to Customers and Authorized Resellers for Localized Product. NetSuite KK shall not structure transactions with Authorized Resellers or their affiliates in an effort to reduce or avoid payments to NetSuite under this Agreement.
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Sole Remuneration. The difference between Distributor's resale price and the purchase price due to Cyberonics under Section 3.3 shall be Distributor's sole remuneration for the distribution of the “Products” by Distributor pursuant to this Agreement.
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Sole Remuneration. Expense reimbursements payable pursuant to this Agreement shall constitute TerraCycle’s or SERVICE PROVIDER AFFILIATE'S sole compensation for its services hereunder. Without limiting the foregoing, and except as may otherwise be provided in this Agreement, TerraCycle or SERVICE PROVIDER AFFILIATE, as the case may be, shall be directly and solely responsible for all costs and expenses of any nature whatsoever incurred by it in connection with services rendered hereunder (whether ordinary or extraordinary), including, but not limited to, any salaries or other compensation paid to employees engaged or employed by SERVICE PROVIDER AFFILIATE.
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Sole Remuneration. Transcosmos’ sole remuneration for performing its responsibilities under this Agreement shall be the payments it receives from its Customers and Authorized Resellers, less the amounts payable to NetSuite KK under this Agreement. Transcosmos and its Authorized Resellers are solely responsible for establishing the prices charged to Customers and Authorized Resellers for Product. No failure to collect payment from any Customer or Authorized Reseller shall relieve Transcosmos of its obligation to pay NetSuite KK under this Agreement.
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Related to Sole Remuneration

  • Adviser’s Compensation Each Fund shall pay to the Adviser, as compensation for the Adviser’s services hereunder, a fee, determined as described in Schedule A that is attached hereto and made a part hereof. Such fee shall be computed daily and paid not less than monthly in arrears by each Fund. The method for determining net assets of a Fund for purposes hereof shall be the same as the method for determining net assets for purposes of establishing the offering and redemption prices of Fund shares as described in the Fund’s Registration Statement. In the event of termination of this Agreement, the fee provided in this Section shall be computed on the basis of the period ending on the last business day on which this Agreement is in effect subject to a pro rata adjustment based on the number of days elapsed in the current month as a percentage of the total number of days in such month.

  • 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.

  • Full Compensation Subrecipient agrees to accept the specified compensation as set forth in this Contract as full remuneration for performing all services and furnishing all staffing and materials required, for any reasonably unforeseen difficulties which may arise or be encountered in the execution of the services until acceptance, for risks connected with the services, and for performance by the Subrecipient of all its duties and obligations hereunder.

  • Distributions on Account of Separation from Service If and to the extent required to comply with Section 409A, no payment or benefit required to be paid under this Agreement on account of termination of the Executive’s employment shall be made unless and until the Executive incurs a “separation from service” within the meaning of Section 409A.

  • Managers Compensation Any or all Managers may receive such reasonable compensation for their services, whether in the form of salary or otherwise, with expenses, if any, as the Board may reasonably determine. Any such compensation and expense will be paid by the Member.