Payments Contract Clauses (2,652)

Payments. Interest on the outstanding principal amount evidenced by this Note is payable on such date as any principal is payable hereunder. If any amount becomes due and payable hereunder on a Saturday, Sunday or public or other banking holiday under the law of the State of New York, with respect to such amount the payment date shall be extended to the next succeeding business day, and interest shall be payable thereon at the rate herein specified during such extension.

Payments. All unpaid principal shall be due and payable on the date twelve (12) months from the Effective Date hereof ("Maturity Date"). Payment shall be made at Holder's address as directed by Holder in writing no less than ten (10) days prior to the Maturity Date solely through the delivery of the Company's common stock pursuant to Section 6 of this Note.

Payments. The Company agrees to make the payments and accommodations provided below in consideration of Employee's execution of this Agreement and all attached exhibits as referenced and provided for herein. Employee understands that the Company will deduct from any payments specified herein federal withholding taxes and other deductions the Company is required by law to make from wages and other payments to employees. Employee further understands that the payments and the special treatment to long term i...ncentives set forth in this Paragraph 1 are all the Employee is entitled to receive from the Company under this Agreement except for those amounts described in Paragraph 6 to which Employee may be entitled. Employee understands and agrees that he will receive no further wages, vacation, or other similar payments from the Company other than those set out in this Agreement. a. The Parties mutually agree that Employee will continue his active employment at his normal base salary up to and including January 19, 2018 with Employee retiring effective January 19, 2018 (the "Retirement Date"). During the interim period before the Retirement Date, Employee shall remain an employee of the Company and shall undertake all such tasks and duties as requested to ensure that there is a smooth handover of his responsibilities and a seamless transition. The Company intends that Employee's performance of services during this time will be sufficient such that there will be no separation of services for purposes of Section 409A of the Internal Revenue Code (the "Code"). b. Employee will receive a total payment of One million five hundred ninety one thousand and three-hundred dollars ($1,591,300) (the "Separation Payment") which is equal to one (1) times his base salary as of the date of this Agreement ($841,300) plus an additional seven-hundred fifty thousand dollars ($750,000). The Separation Payment will be paid within two weeks of the effective date of this Agreement. Employee acknowledges that this payment is adequate consideration for this Agreement. c. Employee acknowledges and agrees that he will not receive any portion of his 2017 Annual Incentive Award or any other bonus payments under the Fluor Corporation Amended and Restated 2008 Executive Performance Incentive Plan, the Fluor Corporation 2017 Performance Incentive Plan, or any other similar plans. d. The payment in Paragraph 1b above is intended to include any and all payments to which Employee may be entitled under the Company's Executive Severance Policy 1 and are not intended to be in addition to, or duplicative of, the Company's Executive Severance Policy. e. For the purpose of Employee's Fluor stock incentives, and subject to the terms and conditions set forth in the applicable incentive plans and agreements, Employee's separation of employment will be treated as being in connection with retirement, effective on the Retirement Date, provided Employee executes and delivers to the Company this Agreement and the "Long Term Incentives Vesting/Forfeiture Agreement" in the form attached as Exhibit 1 with the following results: (i) Restricted Stock Units ("RSUs"), Non-Qualified Stock Options, and VDI Awards held by Employee prior to the Retirement Date, including all awards granted in 2017, shall continue to vest and continue to be payable in accordance with their terms on the dates set out in the Awards notwithstanding such termination provided, that, RSUs granted in 2017 shall continue to vest on the dates set forth in the award agreement regardless of whether the 2017 performance goal is met. (ii) Employee shall have three years to exercise vested Options following his Retirement Date (but in no case beyond the original 10-year term of the Option). For option grants still vesting, Employee shall have three years to exercise after the vesting of the last portion of each grant. For the 2017 option grant, Employee shall have the original 10-year term of the Option to exercise. For example, for options granted in 2015 that complete vesting in 2018, Employee will have until 2021 to exercise. f. All accrued unused TOWP will be included in Employee's final pay, and paid out on the next regular pay date following his Retirement of employment from the Company. View More

Payments. WIRE INSTRUCTIONS: 4. Prepayment. Notwithstanding anything to the contrary contained herein, the Company shall have the right, exercisable on not less than ten ( 10) Trading Days prior written notice to the Lender, to prepay the outstanding Note in part or in full, including outstanding principal and accrued interest. Any notice of prepayment hereunder shall be delivered to the Lender at its registered addresses and shall state that the Company is exercising its right to prepay the Note and the ...date of prepayment, which shall be not more than ten (10) Trading Days from the date of the prepayment notice. Upon receipt of a prepayment notice, Lender shall have the right, but not the obligation, to accelerate the conversion period specified in Section 2.1 and convert that portion of the outstanding principal balance which is subject to prepayment to Common Shares as provided for in Section 2. View More

Payments. The Restricted Stock is granted without requirement of payment.

Payments. All payments due hereunder shall be payable in U.S. dollars and shall be made by check or wire transfer to the appropriate account as follows: Payment by check shall be made to: Thermo Fisher Scientific, Inc. Life Technologies Corporation 5823 Newton Drive Carlsbad, CA 92008 USA Attention: License Management and Contract Compliance (LMCC) Payment by wire transfer shall be made to: LICENSEE shall be responsible for any and all bank transfer charges associated with payments required to be made by ...it or its AFFILIATES under this AGREEMENT. Any amount not paid by LICENSEE when due will bear interest at an annual rate of [XXX] over the prime rate offered by Citibank N.A. on the date the payment is due until the due date the payment is made. The payment of such interest shall not prohibit LICENSOR from exercising any other rights it may have as a consequence of the lateness of the payment. View More

Payments. Borrower shall pay the principal of this Note and interest thereon as follows: (a) On the first day of each month, commencing on March 1, 2018, to and including February 1, 2019, there shall be due and Borrower shall pay monthly installments of accrued interest hereon; and (b) On February 21, 2019 (the "Maturity Date"), the entire remaining principal balance of this Note, together with any accrued, unpaid interest thereon, shall be due and payable in full.

Payments. This Note shall be payable as follows: (a) Interest during Revolving Loan Period. During the Revolving Loan Period, accrued and unpaid interest at the Stated Interest Rate or, to the extent applicable, the Default Interest Rate, shall be payable in arrears commencing on January 1, 2017, and on the 1st day of each month thereafter (or if such day is not a Business Day, on the next Business Day) if on such day any interest is accrued and unpaid; and (b) Principal and Interest during Term Loan Peri...od. Borrower shall make monthly payments of interest during the Term Loan Period, commencing on the one-month anniversary of the Conversion Date and continuing on the same day of each month until the last day of the Term Loan Period. In addition, Borrower shall make quarterly payments of principal during the Term Loan Period, commencing on the date that is 90 days after the Conversion Date, and continuing every 90 days thereafter until paid in full. Each monthly payment shall be each in an amount equal to one quarter of the outstanding principal balance on the Conversion Date. On the one (1) year anniversary of the Conversion Date, all outstanding principal, accrued and unpaid interest, and any other amounts due under the Loan Documents, shall be paid in full. 3 10. Application of Payments. Payments received by Bank with respect to the indebtedness evidenced hereby shall be applied as provided in the Loan Agreement. View More

Payments. In exchange for your agreeing to the release of claims and other terms in this Separation Agreement, we will pay you the Severance Benefit specified in Section 9 or the Change in Control Benefit in Section 10, as appropriate, of the Agreement between you and Umpqua dated __________________ (the "Employment Agreement"). Such provisions of the Employment Agreement are incorporated herein by reference. You acknowledge that we are not obligated to make these payments to you unless you comply with th...e noncompetition provision in Section 14 of the Employment Agreement, which is incorporated herein by reference and otherwise comply with the material terms of the Employment Agreement and of this Separation Agreement. View More

Payments. As soon as practicable following the end of the Performance Period, the Board shall determine the number, if any, of Common Shares, issuable pursuant to this Agreement. Subject to applicable tax withholding, such shares shall be issued to Recipient as soon as practicable following the end of the Performance Period. No fractional shares shall be issued and the number of shares deliverable shall be rounded down to the nearest whole share, and any remaining fractional shares shall be paid in cash. ...Notwithstanding anything hereinabove to the contrary, if any of Section 3.2, 3.3 or 3.4 requires an earlier award payout, a similar process shall be followed in accordance with the timing identified therein. If Recipient is obligated to deliver a Release in accordance with Section 3.4 and if Recipient's Termination Date (as defined and determined pursuant to the Employment Agreement) occurs during the last 40 days of the calendar year, the payment shall in no event be made earlier than the first business day of the succeeding calendar. 2 5. Tax Withholding. 5.1 Recipient acknowledges that on the date that shares underlying the PSUs are issued to Recipient, the fair market value of the Common Shares will be treated as ordinary compensation income for federal and state and provincial income tax purposes and employment tax purposes, and that the Company will be required to withhold taxes on these income amounts pursuant to Section 5.2 below. 5.2 Prior to any relevant taxable or tax withholding event, as applicable, Recipient agrees to make adequate arrangements satisfactory to the Company and/or the Employer to satisfy all federal, state and other tax withholding obligations. In this regard, Recipient authorizes the Company and/or the Employer, or their respective agents, at their discretion, to satisfy applicable withholding obligations by one or a combination of the following: (a) withholding from Recipient's or other cash compensation paid by the Company and/or the Employer; or (b) withholding from proceeds of the sale of Common Shares acquired upon vesting/settlement of the PSUs either through a voluntary sale or through a mandatory sale arranged by the Company on Recipient's behalf pursuant to this authorization; or (c) withholding in Common Shares to be issued upon vesting/settlement of the PSUs. 5.3 If the withholding obligation is satisfied by withholding in Common Shares, for tax purposes, Recipient is deemed to have been issued the full number of Common Shares subject to the vested PSUs, notwithstanding that a number of the Common Shares are held back solely for the purpose of paying the withholding. 5.4 Recipient agrees to pay to the Company or the Employer any amount the Company or the Employer may be required to withhold or account for as a result of this award that cannot be satisfied by the means previously described. The Company may refuse to issue or deliver the shares or the proceeds of the sale of shares if Recipient fails to comply with these obligations. View More