EOR Incentives Sample Clauses

EOR Incentives. Notwithstanding anything to the contrary in this Agreement, to the extent a Governmental Authority provides tax incentives, credits, refunds, abatements or other remunerations related to using CO2 specifically for the purpose of enhanced oil recovery or recovery of any natural resource, including a credit or other benefit associated with an Oil and Gas Tax, but excluding Section 45Q Credits (collectively, “EOR Credits”), and any Party to this Agreement can secure all or a portion of such EOR Credits, then 100% of such EOR Credits shall be conveyed to, or otherwise be retained by Chaparral, and all other provisions in Sections 11.03 through 11.08 shall be equally applicable to the EOR Credits so long as all benefits generated by and expenses mentioned in such other provisions shall also belong 100% to, or otherwise be retained by Chaparral. To the extent Coffeyville is required to incur any additional expenses as a result of Chaparral seeking to obtain EOR Credits, and such expenses are above and beyond that which Coffeyville is required to incur for purposes of the Carbon Credits or Section 45Q Credits, then Chaparral agrees to reimburse Coffeyville, at its actual cost without markup, for any such expenses; provided such expenses are approved in advance by Chaparral, such approval not to be unreasonably withheld.
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Related to EOR Incentives

  • 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. b) The Executive shall be eligible to receive grants under the Company's long-term incentive plans as in effect from time to time; provided, however, that the size, type and other terms and conditions of any such grant to the Executive shall be determined by the Compensation Committee.

  • 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.

  • Performance Incentives As a bonus, to supplement Associate Head Coach’s compensation, as set out herein, the University agrees to pay the following sums upon attainment of each specified goal, provided the Program is in compliance with all Governing Athletics Rules and University Rules, and there are no pending or active NCAA or __________ Conference investigations or major violations of which Associate Head Coach knew or should have known. Associate Head Coach must also complete the _________ [insert sport] season as Associate Head [Men’s/Women’s] [delete if sport is football] __________ Coach to receive any performance incentives for that season. Payment will be made to Associate Head Coach within 60 days after goal is accomplished. (a) $_________ in any contract year in which the team wins the __________ Conference championship. (b) $_________ in any contract year in which the team participates in post-season NCAA competition. (c) $_________ for each game that the team wins in NCAA post-season competition. (d) $_________ in any contract year in which the team wins the NCAA championship.]

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.