Earn Sample Clauses

Earn. An employee shall earn sick leave at the rate of 15 days per year or 1¼ day per month for those employees hired during the school year.
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Earn. By using the MetaMorpho Protocol, Users – acting as liquidity providers – may earn from borrowing interest without having to actively manage the risk of their position. A selection of MetaMorpho Vaults are displayed on the Morpho Blue Front-End. A User can view information for each of those MetaMorpho Vaults, including without this list being exhaustive: - which Morpho Blue Markets the MetaMorpho Vault allocates liquidity to and what are the Supply Caps defined for each market; - the Vault’s projected APY, based on the current situation; - the Performance Fee of the Vault as described in Section c. The information displayed is subject to change and adjustment in accordance with the development of the Services. It is the User's responsibility to review this information before making any decisions, and the Association is in no circumstances responsible for the User's decisions. A User can choose a MetaMorpho Vault to supply their liquidity to, according to their risk profile. The Vaults are non-custodial and the User may at all times remove their liquidity. Users are responsible for carrying out their own due diligence before choosing a Vault, and for monitoring any changes made to the Vault over time, particularly those subject to a Timelock. The Timelock gives time to Users of a MetaMorpho Vault to review and react to proposed changes and manage their risk.
Sample 1
Earn in Subject to satisfaction of the CP, which will trigger the commencement of Altura’s four year, financial spend requirements (Earn-in Period); (a) LTUM grants Altura the sole right to earn a 60% interest (Earned Interest) in the Claims by conducting exploration and incurring expenditure relating to exploration and assessments including associated resource and feasibility studies of the Claims and expenditure incurred in clause 11 (a),(b),(d) to a value of no less than $US 2,000,000 in aggregate (Expenditure) over the 4 year period commencing on the date that the CP is satisfied (Earn-in Period) with the minimum annual expenditure as follows: · Year 1 - $US 200,000; · Year 2 - $US 400,000; · Year 3 - $US 600,000; · Year 4 - $US 800,000. Collectively the Expenditure. (b) For the avoidance of doubt, each annual year of the Earn-in Period (years1 - 4) will start on the anniversary of the commencement of the Earn-in Period. (c) In addition to the expenditure commitment detailed in (a) above Altura is required to make payments in cash and shares to LTUM upon execution of the EOA on the following basis: · Upon signing EOA Altura to pay $US 100,000 and issue the equivalent of $US 100,000 in Altura shares; · 1st Anniversary - $US 100,000 plus $US 100,000 equivalent in Altura shares; · 2nd Anniversary - $US 125,000 plus $US 100,000 equivalent in Altura shares; · 3rd Anniversary - $US 150,000 plus $US 100,000 equivalent in Altura shares; · 4th Anniversary - $US 150,000 plus $US 100,000 equivalent in Altura shares; (d) To this end, LTUM grants Altura the unimpeded right to access and conduct exploration on the Claims during the Earn-in Period. (e) Altura may withdraw from the EOA on 1 month's written notice to LTUM, provided that: (i) at least $US 500,000 of Expenditure has been funded by Altura. (f) Altura may at any time (and from time to time) after the date that the CP is satisfied return responsibility for any Claim to the holder of that Claim. From the effective date of such return, the returned Claim will not be included as a Claim set out in clause 6 above. (g) Altura may choose to accelerate the expenditure commitments detailed in (a) above, and as long as the $US 2,000,000 has been spent, and equivalent cash and share payments as detailed in (c) above have been paid or issued as the case may be, then the provisions will be deemed to have been satisfied and the Earn-in Option satisfied.
Sample 1
Earn. In Period shall be that period of time commencing from the date of this agreement until such time as all Earn-In Rights have been completed or terminated.
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Earn. In Rights are those rights by which Working Interest may be conveyed by payment, performance or satisfaction of conditions under Sections 2 or 5.
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Earn. All full-time employees will accrue sick leave at the rate of one (1) day per month of employment.
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Earn 
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Related to Earn

  • Performance Bonus The Executive shall be eligible to receive an annual performance bonus, payable within sixty (60) days after the end of the fiscal year of the Employer, in an amount not to exceed twenty-five percent (25%) of the Executive's Base Salary for the applicable year. The amount, if any, shall be determined by the Board, or the appropriate committee thereof, and shall generally be based on a combination of organization-wide and individual performance criteria.

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

  • Cash Bonus Executive shall be entitled to a fraction of any Cash Bonus for the fiscal year of the Company within which Executive’s termination of employment occurs which, based upon the criteria established for such Cash Bonus, would have been payable to Executive had he remained employed through the date of payment, the numerator of which is the number of days of such fiscal year prior to his termination of employment and the denominator of which is three hundred and sixty-five (365);

  • 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.

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • 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.

  • Bonus Opportunity The Company shall offer each year an incentive bonus compensation plan. Such plan will include an annual bonus target amount equal to at least 50% of the Executive’s annual base salary and shall contain such additional terms as determined by the Chief Executive Officer. The amount of any bonus payable to Executive in any year shall be based upon performance targets established in advance under the bonus plan and Executive’s achievement of such performance criteria.

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

  • Incentive Bonus During the Term, Employee shall be eligible to receive an incentive bonus up to the amount, based upon the criteria, and payable in such amount, at such times as are specified in Exhibit A attached hereto. The manner of payment, and form of consideration, if any, shall be determined by the Compensation Committee of the Board, in its sole and absolute discretion, and such determination shall be binding and final. To the extent that such bonus is to be determined in light of financial performance during a specified fiscal period and this Agreement commences on a date after the start of such fiscal period, any bonus payable in respect of such fiscal period's results may be prorated. In addition, if the period of Employee's employment hereunder expires before the end of a fiscal period, and if Employee is eligible to receive a bonus at such time (such eligibility being subject to the restrictions set forth in Section 6 below), any bonus payable in respect of such fiscal period's results may be prorated.

  • Annual Cash Bonus During the Term, Executive may be eligible to receive an annual cash bonus, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

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