Additional Incentives Sample Clauses
The "Additional Incentives" clause defines the terms under which extra rewards or bonuses may be provided beyond the standard compensation outlined in an agreement. This clause typically specifies the conditions that must be met for these incentives to be granted, such as achieving certain performance targets, meeting project milestones, or exceeding sales quotas. Its core practical function is to motivate parties to perform at a higher level by offering tangible benefits for exceptional results, thereby aligning interests and encouraging productivity.
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Additional Incentives. The Company, may, in its discretion, grant to Executive additional cash or equity-based incentives, including options, restricted shares or performance share units.
Additional Incentives. The Company will provide Employee with additional incentives including stock options, a retirement plan and bonus benefits. Such additional incentives shall be consistent with those additional incentives provided the Employee by Gateway American Properties, LLC ("GAPLLC") prior to the assignment by GAPLLC to the Company of any and all of its interests, rights, and obligations in and under this Agreement.
Additional Incentives. Executive shall receive additional compensation for sourcing and successfully closing financing for the Corporation. Such compensation shall be paid within 30 days of the closing of the financing and shall be paid at a rate of 10% of the financing amount. The compensation shall be 4% cash and 6% restricted stock. The number of shares in the stock portion of the incentive shall be calculated on the basis of the most recent per share value as defined by the closing price of the stock on the day prior to the closing if then publicly traded or if not publicly traded, the then current calculated per share value. As an example, assume the financing amount is $100,000 and the stock is then valued at $0.50 per share. Within thirty days after closing, the Executive would receive $4,000 cash and 12,000 shares of stock. As a further incentive, at the $1,000,000 financing level (cumulative) and for each million dollar plateau thereafter, Executive shall earn an additional 500,000 shares to be paid within 30 days of closing of the financing.
Additional Incentives. In addition to the Initial Configuration, PURCHASE --------------------- will receive from SELLER, at no additional charge, the following items:
(a) on training based on the unit price per student set forth in Attachment A to the Acquisition Agreement; and
(b) on Ericsson handsets of such models and based on such unit price as set forth on Schedule B hereto; provided, however, that ---------- PURCHASER hereby agrees to purchase, for delivery by December 31, 2000, such an additional quantity of Ericsson handsets from SELLER of such models and based on such unit price as set forth on Schedule C ---------- hereto.
Additional Incentives. Performance Incentive: LCC will evaluate Supplier’s performance hereunder on not less than an annual basis and may, but shall not be required to, pay Supplier a performance incentive bonus on or about March 15 of each year during the term hereof based upon LCC’s assessment of Supplier’s performance during the prior year against various objectives that may include the achievement of revenue, profit and other objectives for LCC and its Affiliate Companies in the EMEA region. For Services rendered from the date of this contract to 31 December 2004, Supplier will be eligible to receive a bonus of up to €150,000, the actual amount will be based on the extent to which EMEA and LCC 2004 goals are achieved for the fourth quarter of 2004. In respect of services rendered after 31 December 2004, Supplier’s Performance Incentives will be comparable to those additional incentives or bonus programs generally provided for officers, at the Senior Vice President level, of LCC for the relevant year by the Board of Directors of LCC’s parent company, LCC International, Inc. The payment of any performance incentive shall be within LCC’s discretion. No bonus is due if, prior to the payment date, Supplier has served notice of termination of this agreement (other than under Sections 6.2.3(b) or 6.2.3(c)) or has been served notice of termination by LCC, except as otherwise provided in Article 6 hereof.
Additional Incentives. The State Government may provide subsidy to the Beneficiary Firm, over and above the incentives available to it under the National Programme on ACC Battery Storage, under and in accordance with Applicable Laws.]
Additional Incentives. The Contract Price has been established taking into account the award on or before December 15, 2024 and the payment within six months after award of the Washington State Clean Diesel Program: Ecology’s Electric School Bus Grant (“WSCD Program Grant”) in the amounts and as a Customer Incentive or an Existing Incentive as provided in this Section 30. Any WSCD Program Grant award or payment in any amount or outside of the time period contemplated by the preceding sentence, or, without limitation, the absence of a timely award or payment of a WSCD Program Grant as an Existing Incentive in the amount of at least $500,000, shall be a failure of a “Condition Precedent” within the meaning of Terms and Conditions Section 4(a, whereupon, the Parties will have the rights and will be subject to the obligations set forth in Terms and Conditions Section 4(a). Without limiting the rights of the Parties to negotiate or take other action upon failure of the WSCD Program Grant Condition Precedent, the Provider anticipates that, if the WSCD Program Grant that is an Exiting Incentive is not timely awarded or paid in the amount of at least $500,000, Base Service Fee per Vehicle for the first Contract Year would be increased to $19,500.00.
a. WSCD Program Grant in the amount of $239,375 per Vehicle, for the purchase of 10 Vehicles – This is a “Customer Incentive” and would be awarded and payable to Customer as awardee in its entirety.
b. WSCD Program Grant in the amount of $500,000 to pay for some of the costs of procurement and installation of the System at the Premises. This is an “Existing Incentive” and would be awarded and payable to Customer as awardee, with Customer paying such awarded funds to Provider in their entirety. Provider shall use the funds so paid exclusively to pay for procurement and installation of the System at the Premises. Each of the Customer and Provider will take such actions and will execute and deliver such documents as may be reasonable to assure that the WSCD Program Grant is awarded and paid as soon as possible after the Effective Date. Upon receipt of all or any portion of the WSCD Program Grant that is also an Existing Incentive by the Customer, Customer will provide notice thereof to Provider (no later than five (5) days after receipt of funds) and will pay and tender the amount of such portion of the WSCD Program Grant so paid to Customer, without offset or deduction (no later than thirty (30) days after receipt of funds), in fulfillment of ...
Additional Incentives. The approval of additional incentives shall be determined on a case-by- case basis. The additional incentives may include, but are not limited to, any of the following:
1. A reduction of site development standards or a modification of Development Code or architectural design requirements that exceed the minimum building standards provided in Health and Safety Code Part 2.5, Division 13. These may include, but are not limited to, one or more of the following:
a. Tier One:
a. Reduced minimum parcel sizes and/or dimensions.
b. Reduced minimum parcel setbacks.
c. Reduced minimum outdoor and/or private outdoor open space.
d. Reduced minimum building separation requirements.
b. Tier Two:
a. Increased maximum parcel coverage.
b. Reduced on-site parking standards, including the number or size of spaces, requirements for spaces to be covered, and restrictions on tandem parking formats.
c. Tier Three:
a. Increased maximum building height and/or stories.
b. Mixed use development as may be allowed.
c. Other regulatory incentives or concessions proposed by the applicant/developer that demonstrate actual cost reductions.
d. Deferred development impact fees (e.g. capital facilities, park land in- lieu, park facilities, fire, or traffic impact fees).
e. The City may offer an equivalent financial incentive in lieu of granting a density bonus and additional incentive(s). The value of the equivalent financial incentive shall at least equal the land cost per dwelling unit savings that would result from a density bonus and shall contribute significantly to the economic feasibility of providing the target units in compliance with this chapter. The City may recapture subsidies awarded and may recommit them to qualifying project(s) within five years of the initial award.
2. Concessions granted under Tier One and Tier Two may be handled administratively by the Director. At the Director’s discretion, the Director may refer Tier Two concessions to the Commission. Tier Three concessions shall be considered by the Commission.
Additional Incentives. Nothing herein shall preclude the Contractor from seeking funding under the Applicable Solar Program or applying to any other governmental agencies or other persons for grants or other determinations necessary or desirable for the receipt of revenues from or with respect to the Project.
Additional Incentives. Grainger may choose to develop additional incentive models for specific opportunities or market segments (each an “Additional Incentive”). For example, Grainger may develop incentives including, but not limited to, promoting: the sale of Green/sustainable Products & Services; utilization of Grainger’s eCommerce platform; sale of Products & Services produced by minority women-owned, and/or diverse enterprises (“MWBE”). These incentives may be specifically designed for i) certain market segments such as fire departments, K-12 school districts, or geographies, or ii) individual Program Participants or certain groups of Program Participant(s). Such Additional Incentives may be defined in Customer Agreements established between Grainger and Program Participants. Agreement - Grainger and CCOG (Master) - 2021.03.01 Final Audit Report 2021-03-03 Created: By: Status: 2021-02-23 ▇▇▇▇▇ ▇▇▇▇▇▇▇ (▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) Signed Transaction ID: CBJCHBCAABAAPt7SQ84D072JwmGZtQfkTz3i2LYerEVE
