BONUS TRIPS Sample Clauses

The "BONUS TRIPS" clause establishes the conditions under which additional travel opportunities, beyond the standard agreement, are granted as a reward or incentive. Typically, this clause outlines eligibility criteria, such as performance targets or milestones that must be met, and specifies the nature, timing, and scope of the bonus trips provided. Its core practical function is to motivate and reward parties—often employees or contractors—by offering tangible travel incentives, thereby encouraging higher performance or loyalty.
BONUS TRIPS. These are trips that come in after the week’s field trips have been assigned. They are placed on the bonus column of the trip assignment sheet. 1. The bonus column will follow the same rotation as the regular trips; it begins where it was last left off. 2. Bonus trips are either the next driver on the rotation list takes the trip or the Supervisor moves on to the next driver. 3. A driver may accept a bonus trip and later turn it in without penalty. 4. If there are multiple bonus trips in a given week, the next driver in rotation may select which trip the driver prefers. 5. Mid-Day substitute runs fall into the bonus category.
BONUS TRIPS. These are trips that come in after the week’s field trips have been assigned. 1. The Bonus Trip list will follow its own rotation; it begins where it was last left off. 2. Bonus trips are either the next driver on the rotation list takes the trip or the Supervisor moves on to the next driver. 3. A driver may accept a bonus trip and later turn it in without penalty. 4. If there are multiple bonus trips in a given week, the next driver in rotation may select which trip the driver prefers. 5. If a Bonus Trip is cancelled, the driver shall be placed at the top of the Bonus Trip list.
BONUS TRIPS. (Formerly q) A bonus trip is defined as a trip available because of: a) Any turn down or turn back after 1:30 pm on Thursdays; b) New trips received by transportation after 1:30 pm Thursdays; or c) Any trip received for same day service. Bonus trips shall be offered on a flat rotation. The bus driver is only charged for the bonus trip rotation and will not lose his/her place on the regular rotation list.

Related to BONUS TRIPS

  • Bonus The Executive shall be eligible for Bonuses determined by the Board.

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Annual Bonus Opportunity Your annual target bonus opportunity following the Effective Date will be 50% of your annual base salary (the “Target Bonus”). The Target Bonus shall be subject to review and may be adjusted based upon the Company’s normal performance review practices. Your actual bonuses shall be based upon achievement of performance objectives to be determined by the Board in its sole and absolute discretion. Bonuses will be paid as soon as practicable after the Board determines that such bonuses have been earned, but in no event will a bonus be paid to you after the later of (i) the fifteenth (15th) day of the third (3rd) month following the close of the Company’s fiscal year in which such bonus is earned or (ii) March 15 following the calendar year in which such bonus is earned.

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then (a) Members who are rated at Level II in all phases of the PFT will receive three hundred dollars ($300.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (2) For any calendar year in which fifty percent (50%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then: (a) Members who are rated at Level II in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive nine hundred dollars ($900.00) in a one-time lump sum payment. (3) All lump sum payments referenced herein will be paid in February of the following year.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.