Withholding Compensation Sample Clauses

The Withholding Compensation clause allows one party, typically an employer or client, to temporarily retain payment or compensation owed to another party under certain conditions. This clause is often invoked if the receiving party fails to meet contractual obligations, such as delivering work on time or meeting quality standards. By enabling the withholding of payment until issues are resolved, the clause serves to incentivize performance and protect the paying party from losses due to non-compliance or incomplete work.
Withholding Compensation. COUNTY reserves the right to withhold amounts from future compensation equal to the amount of any disallowance for billed services as determined following an audit and/or investigation by COUNTY.
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Withholding Compensation. The Associate acknowledges that the Broker has the right to withhold and/or apply any compensation owing to the Associate, as may be necessary to pay for or secure any obligations of the Associate under this Agreement.
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Withholding Compensation. (3401(A)). Compensation is defined as wages within the meaning of Section 3401(a) for the purposes of income tax withholding at the source but determined without regard to any rules that limit the remuneration included in wages based on the nature or location of the employment or the services performed (such as the exception for agricultural labor in Section 3401(a)(2)).
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Withholding Compensation. (A) After City gives Contractor written notice of performance deficiencies, including a reasonable time for correcting deficient performance, City may, at its option, withhold compensation for nonperformance when Contractor fails to correct performance deficiencies. (B) Ongoing or recurring deficiencies are considered separate nonperformance events each time Contractor fails to correct deficiencies within the time stated in the notice of performance deficiency, after which each day is an additional occurrence subject to withholding of compensation. (C) In addition, City may withhold amounts from payment of Contractor’s invoice in accordance with City’s costs incurred by using City work force (including City overhead not to exceed 15 percent), or an alternate vendor, to correct Contractor’s performance deficiencies.
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Related to Withholding Compensation

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • 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.

  • Salary Compensation As salary compensation for Employee's services hereunder and all the rights granted hereunder by Employee to the Company, the Company shall pay Employee a gross salary of not less than $175,000 during the term of this Agreement. Employee's salary shall be payable in bi-weekly increments in accordance with the Company's payroll practices for salaried employees, upon the condition that Employee fully and faithfully performs Employee's services hereunder in accordance with the terms and conditions of this Agreement. The Company shall deduct and withhold from the compensation payable to Employee hereunder any and all amounts required to be deducted or withheld by the Company under the provisions of any statute, regulation, ordinance, or order and any and all amendments hereinafter enacted requiring the withholding or deducting from compensation payable to employees.

  • ▇▇▇ Withholding Notwithstanding any other provision of this Agreement, the Company may withhold from amounts payable under this Agreement all federal, state, local and foreign taxes that are required to be withheld by applicable laws or regulations.

  • Cash Compensation The Company shall pay to the Executive compensation for his services during the Contract Period as follows: