Compensation Clause Example with 7 Variations from Business Contracts

This page contains Compensation clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Compensation. As compensation for your services to the Company, you will receive $10,000 in cash per year for serving on the Board starting from the date of this Agreement, which shall be paid to you quarterly in arrears as determined by the Company. You shall be reimbursed for reasonable and approved expenses incurred by you in connection with the performance of your Duties.

Variations of a "Compensation" Clause from Business Contracts

Compensation. As compensation for your services to the Company, you will receive $10,000 in cash per year compensation as set forth on Schedule B attached hereto (hereinafter, the "Compensation") for serving on the Board starting from the date of this Agreement, which shall be paid to you quarterly in arrears during your term as determined by the Company. an independent director. You shall be reimbursed for reasonable and approved expenses incurred by you in connection with the performance of your Duties.
Compensation. As compensation for your services to the Company, you will receive $10,000 in cash per year compensation as set forth on Schedule B attached hereto (hereinafter, the "Compensation") for serving on the Board starting from the date of this Agreement, which shall be paid to you quarterly in arrears during your term as determined by the Company. a director. You shall be reimbursed for reasonable and approved expenses incurred by you in connection with the performance of your Duties.
Compensation. As compensation for your services to the Company, you will receive $10,000 in cash compensation as set forth on Schedule B attached hereto (hereinafter, the "Compensation") per year for serving on the Board starting from the date of this Agreement, during your term as a director, which shall be paid to you quarterly in arrears as determined by the Company. You shall be reimbursed for reasonable and approved expenses incurred by you in connection with the performance of your Duties.
Compensation. As compensation for your services to the Company, you will receive $10,000 $ 96,000 in cash per year for serving on the Board starting from the date of this Agreement, 24th Aug 2017, which shall be paid to you quarterly in arrears as determined by the Company. You shall be reimbursed for reasonable and approved expenses incurred by you in connection with the performance of your Duties.
Compensation. As compensation for your services to the Company, you will receive $10,000 $20,000 in cash per year for serving on the Board starting from the date of this Agreement, January 1, 2017, which shall be paid to you quarterly in arrears as determined by the Company. You shall be reimbursed for reasonable and approved expenses incurred by you in connection with the performance of your Duties.
Compensation. As compensation for your services to the Company, you will receive $10,000 $40,000 in cash per year for serving on the Board starting from the date of this Agreement, Board, which shall be paid to you quarterly in arrears as determined by the Company. You shall be reimbursed for reasonable and approved expenses incurred by you in connection with the performance of your Duties.
Compensation. As compensation for your services to the Company, you will receive $10,000 in cash per year for serving on the Board starting from the date of this Agreement, which Board. The cash compensation shall be paid to you quarterly in arrears as determined by the Company. You shall be reimbursed for reasonable and approved expenses incurred by you in connection with the performance of your Duties.