The directors' personal payments were a requirement of any deal from the start of the negotiations, according to lawyers involved in the settlement.

There is no longer an option to send personal payments, thus forcing all recipients to pay a fee.

The case centers on what seems to be a straightforward charge that he accepted up to $1.2 million in personal payments under the guise of business loans.

They added that such personal payments had been approved by executives with Josephthal and Merrill.

That was not the last time Mr. Darr received personal payments from clients.

A personal payment, yes, even a sacrifice, but she did not expect an insane price.

The directors' personal payments were a requirement of any deal from the early days of their negotiations with Mr. Hevesi's lawyers.

The directors' personal payments were required before any negotiations began, Mr. Hevesi said when the settlement was announced.

Many systems provide that an individual may claim a tax deduction for personal payments that, upon payment, become taxable to another person, such as alimony.

It also counts towards assessing seniority and personal length-of-service payments, such as pay increments, under the contract of employment.