The term “compensation for personal services” means commissions, wages, salary, director’s compensation, bonuses, stock options, warrants, or other compensation or benefits of any type earned as a result of a Party’s employment during the Marriage. …

What are examples of services rendered?

A Services Rendered payment is the payment to an individual for the services they provided. For example, your organization hires a DJ for a group function or a choreographer for a performance.

What is the meaning services rendered?

Definition: Services rendered is the conclusion of a service agreement that is presented to the client to demand payment. After the agreed upon activity is completed it could be said that services were rendered successfully.

What does compensation for services mean?

Compensation for Services means any form of compensation (including cash, property, or contractual right to future compensation) given or promised in exchange for services provided by the Officer during the Transition Period as an employee, consultant, board member, owner, service partner, advisor or in any other …

What are the types of compensation?

Different types of compensation include:

• Base Pay.
• Commissions.
• Overtime Pay.
• Bonuses, Profit Sharing, Merit Pay.
• Stock Options.
• Travel/Meal/Housing Allowance.
• Benefits including: dental, insurance, medical, vacation, leaves, retirement, taxes…

  What is compensation obligation?

  The compensation is a mode of extinguishment of obligation wherein there is simultaneous balancing or weighting of two obligations of two persons who are reciprocally debtors and creditors of each other. It extinguishes to the extent in which the amount of one is covered by that of the other.

  What is another word for services rendered?

  In this page you can discover 75 synonyms, antonyms, idiomatic expressions, and related words for rendered, like: performed, executed, carried-out, demonstrated, effected, played, generated, enacted, delivered, translated and depicted.

  How do you use services rendered in a sentence?

  He served in Congress for services rendered during that action. Employees are paid a salary in exchange for services rendered. For services rendered, he received 500 pounds from the North Government. For decades, doctors simply billed patients or their insurers for services rendered.

  What are services not rendered?

  A common form of fraudulent billing is charging for services that are not rendered. This fraud is committed when health care providers bill insurance for services that are different than the services actually rendered, or bill for services they did not provide at all.

  How is compensation for services paid to advisers?

  Compensation for Services. In payment for the investment advisory and management services to be rendered by Adviser hereunder, each Fund shall pay to Adviser a monthly fee, which fee shall be paid to Adviser not later than the fifth business day of the month following the month in which said services were rendered.

  How does issuing stock for services rendered work?

  Issuing stock for services rendered. Companies frequently avail services of outside individuals, firms and companies. The cost of such services may be paid in the form of shares of the company’s stock. As no cash outflow is involved, this method of payment is appealing especially to newly incorporated and cash poor companies.

  How are fees calculated in compensation for services?

  Compensation for Services. In payment for all services, facilities, equipment and personnel, and for other costs of the Adviser hereunder, the Fund shall pay to the Adviser a monthly investment advisory fee determined by applying the annual rate of 1.30% to the Fund’s average daily net assets.

  What are the terms of compensation for services?

  Compensation for Services. GWFS agrees, subject to the terms and conditions of this Agreement and the Prospectuses, to pay Intermediary a fee, as set forth on Schedule A (the “ Distribution and Service Fees ”), and Intermediary agrees to accept the same as full payment for the services undertaken by it as described in this Agreement.