TRANSYSTEMS’ COMPENSATION Clause Samples

The "TRANSYSTEMS’ COMPENSATION" clause defines how and when Transystems will be paid for its services under the agreement. It typically outlines the fee structure, such as hourly rates, fixed fees, or milestone payments, and may specify reimbursable expenses or payment schedules. This clause ensures both parties have a clear understanding of the financial terms, helping to prevent disputes over payment and ensuring that Transystems is compensated fairly and promptly for its work.
TRANSYSTEMS’ COMPENSATION. Section 5.1 Compensation for Services and Expenses of TRANSYSTEMS in connection with Basic Services
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TRANSYSTEMS’ COMPENSATION. Section 5.1 Compensation for Services and Expenses of TRANSYSTEMS. Unless other compensation or fee arrangements are expressly set forth in a particular approved Request for Services (in which case OWNER shall pay TRANSYSTEMS in accordance with any such compensation or fee arrangements), OWNER shall compensate TRANSYSTEMS for its Services performed or furnished under a particular Request for Service as follows:
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TRANSYSTEMS’ COMPENSATION 
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Related to TRANSYSTEMS’ COMPENSATION

  • 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.

  • Services and Compensation Consultant shall perform the services described in Exhibit A (the “Services”) for the Company (or its designee), and the Company agrees to pay Consultant the compensation described in Exhibit A for Consultant’s performance of the Services.

  • Overtime Compensation 1. Except as provided in this section, Grantee will be responsible for any obligations of premium overtime pay due employees. Premium overtime pay is defined as any compensation paid to an individual in addition to the employee’s normal rate of pay for hours worked in excess of normal working hours. 2. Funds provided under this Contract may be used to pay the premium portion of overtime only under the following conditions: i. With the prior written approval of System Agency; ii. Temporarily, in the case of an emergency or an occasional operational bottleneck; iii. When employees are performing indirect functions, such as administration, maintenance, or accounting; iv. In performance of tests, laboratory procedures, or similar operations that are continuous in nature and cannot reasonably be interrupted or otherwise completed; or v. When lower overall cost to System Agency will result.

  • 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.

  • Employees' Compensation The Consultant shall be solely responsible for the following: