BONUS AND INCENTIVE AWARDS Sample Clauses

BONUS AND INCENTIVE AWARDS. The University shall have the sole, non-grievable right to establish, continue, modify or abolish campus/hospital/laboratory incentive award programs.
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BONUS AND INCENTIVE AWARDS. The University shall have the sole non-grievable right to establish, continue, modify or abolish campus/hospital/laboratory incentive award programs. Additional Item Attachment K Side letter re performance reviews Information Addendum The information listed below is intended to provide UPTE with background information. In providing this information, the University does not waive its rights to unilaterally implement those matters that are not subject to bargaining under XXXXX, FLSA or other statue or by virtue of contractually confirmed rights. The University is willing to change the title code series 8938, 8939,and 8940 of "Clinical Lab Technologist" to "Clinical Lab Scientist". In accordance with the provisions of Article 1, Section D.1., UCSF, plans to establish a new title in the HX bargaining unit, Per Diem Recreational Therapist at rate of $26.40 per hour. UCSF plans to establish the hourly rate for per diem Clinical Laboratory Technologist (title code #8956) at $35.00. UCDMC plans to convert the overtime designation of the Cytotechnologist and Senior Cytotechnologist titles (title codes #8955 and 8954) from exempt to non-exempt. Extend Per Diem Senior Cytotechnologist title to Xxxxx campus at a rate of $40 per hour.
BONUS AND INCENTIVE AWARDS. The program that was formerly known as the Incentive Award Program (IAP), has been abolished at all campus locations and the 0.5% funding of this program has been rolled into the general increase identified in Appendix A and Sections A - C above.
BONUS AND INCENTIVE AWARDS. (a) CASH INCENTIVE BONUS. In calendar year 2023 and thereafter for each full calendar year during the Term, the Executive will be eligible to receive a cash incentive bonus (the “Cash Incentive Bonus”) as determined in the sole discretion of the Compensation Committee based on its assessment of the level of accomplishment of personal, management, or performance objectives established by the Compensation Committee on an annual basis. The targeted Cash Incentive Bonus is 60% to 175% of the Base Salary.

Related to BONUS AND INCENTIVE AWARDS

  • Annual Incentive Awards The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Annual Incentive Award During the Term of Employment, the Executive shall be eligible for an annual incentive award with payout opportunities that are commensurate with his position and duties, as determined by the Compensation Committee in its discretion. Commencing with the Effective Date of the initial Term of Employment, the Executive’s target annual incentive award opportunity will be equal to fifty percent (50%) of the Executive’s Base Salary. The Executive’s annual incentive award opportunities shall be based on Company and individual performance goals determined, and subject to change, by the Compensation Committee in its discretion. The Executive shall be paid his annual incentive award no later than other senior executives of the Company are paid their annual incentive award.

  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee.

  • Recovery of Bonus and Incentive Compensation Any bonus and incentive compensation paid to you during a CPP Covered Period is subject to recovery or “clawback” by the Company if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.

  • Bonuses and Incentive Compensation During the Employment Term, the Executive shall have opportunities for bonuses and shall have opportunities for incentive compensation comparable to those provided to other senior executives of the Company and shall be eligible to participate in all bonus and incentive compensation plans made available by the Company, from time to time, for its senior executives.

  • Incentive Bonuses The Employee shall be eligible to be considered for an annual incentive bonus with a target amount equal to 50% of his Base Compensation. Such bonus (if any) shall be awarded based on objective or subjective criteria established in advance by the Company's Board of Directors (the "Board") or its Compensation Committee. The determinations of the Board or such Committee with respect to such bonus shall be final and binding.

  • Cash and Incentive Compensation For clarification, it is understood by all parties that other than as specified herein, the Company is not obligated to award any future grants of stock options or other form of equity compensation to Executive during Executive's employment with the Company.

  • Equity Incentive Awards Executive shall be eligible to receive grants of equity-based long-term incentive awards, which may include options to purchase Company stock, performance or restricted stock units and Company restricted stock contributions to Company’s deferred compensation plan, or other equity-based awards. Such awards shall be determined in the discretion of the Board. In the event of a Change of Control (as defined in the Redwood Trust, Inc. Executive Deferred Compensation Plan) in which the surviving or acquiring corporation does not assume the Executive’s outstanding equity-related awards (including options and equity-based awards granted both before and after the Effective Date) or substitute similar equity-related awards, such equity-related awards shall immediately vest and become exercisable if the Executive’s service with the Company has not terminated before the effective date of the Change of Control; provided, however, that the foregoing provision shall only apply if the Company is not the surviving corporation or if shares of the Company’s common stock are converted into or exchanged for other securities or cash.

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