Financial Incentive Sample Clauses

Financial Incentive. A. On the last pay date of each subsequent month, an employee will be paid a financial incentive of 25¢ per hour for the prior month if the employee used - no sick (other than for bereavement as provided for in Section 4., B.), personal, or unpaid leave time that prior month.
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Financial Incentive. On the first pay date following the end of each quarter (October, January, April, July), an employee will be paid a financial incentive of $75 for the prior quarter if s/he did not use more than one (1) sick, personal, or unpaid leave (other than the union leave provided for in Section 8., E.) days during the prior quarter.
Financial Incentive. Each member of the bargaining unit employed by the institution on the eligibility date as specified below shall receive an incentive one-time payment if the bargaining unit’s Memorandum of Agreement for its 2007-10 Collective Agreement with its Employer is signed by the Union and the Employer by March 31, 2007. The eligibility date for the incentive payment is either of the following dates as applicable:
Financial Incentive. Tenant shall pay the sum of Twenty Five Thousand Dollars ($25,000.00) to Landlord, on or before 1 July 1996, as an incentive to cause the current tenant of Suite D to vacate.
Financial Incentive. Students who transfer from Xxxxxx to Felician through this agreement will receive a FIESTA Scholarship award in the amount of $2,000 annually, for up to four semesters of full-time enrollment, in addition to any merit scholarships or federal and state financial aid for which they qualify and are awarded. Students will be advised of this opportunity at the point of recruitment and the award will be indicated on the student’s admissions offer letter. The award will be disbursed once a student has successfully matriculated into one of the approved STEM programs (see Appendix A) and completed the FIESTA summer bridge program at Felician. Students may be eligible for additional scholarships and grants through Felician, at the sole discretion of Felician, including the Felician Promise Scholarship. Xxxxxx graduates may be eligible for the Felician Promise Scholarship, a tuition-free financial aid program. Students who were recipients of the County College Opportunity Grant (CCOG) and who have an adjusted gross income of $0-$65,000 will be considered for this University need-based grant. To apply for the Felician Promise Program, students must be admitted to Felician, enroll full-time, and submit the Free Application for Federal Student Aid (FAFSA) by April 15th. Students must complete federal and state verification within the applicable deadlines. All Felician aid is awarded from the University’s own resources and is offered to eligible full-time, traditional undergraduate students. This aid may be combined with other financial assistance, but the total gift aid from all sources cannot exceed the cost of tuition, comprehensive fees, and room & board, if applicable. All Felician aid requires satisfactory academic progress, the annual filing of the Free Application for Federal Student Aid (FAFSA) and compliance with other University policies and the University’s code of Conduct. Felician aid does not apply to programs that are already discounted. Awards are renewable contingent upon maintaining the terms and conditions indicated in the scholarship offer.
Financial Incentive i. If eligible, the resident will receive a $500 account credit in the Fall Semester and a $500 account credit in the Winter Semester for a potential total of $1,000 incentive for the Academic Year.
Financial Incentive. (a) Microsoft will pay Yahoo! a [*] after the satisfaction of the conditions in Section 2(c) of this Fifth Amendment or the satisfaction of the conditions in Section 2(d) of this Fifth Amendment and the second sentence of Section 2(d)(A) of this Fifth Amendment.
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Financial Incentive agrees to To assist teachers in pursuing their professional growth programs, the Board assist the cost hereof by the following: Teachers will be reimbursed for coursework, seminars, and workshops, upon proof of completion. Reimbursement shall not apply to hours taken through a program by which a teacher received a subsidy from other sources, i.e., National Science Foundation, National Defense Education Act, etc.
Financial Incentive. On the last pay date of each subsequent month, an employee will be paid a financial incentive of .40¢ per hour for the prior month if the employee used – no sick (other than for bereavement leave as provided for in Article 6.), personal, or unpaid leave time that prior month). On the last pay of the month following each tri identified below, an employee will be paid a financial incentive of 20¢ per hour for the prior tri if the employee did not use more than one (1) sick (other than for bereavement leave as provided for in Article 6,.), personal, or unpaid leave day that prior tri. 1st Tri Sept – Nov (plus any workday in July and August) 2nd Tri Dec - Feb 3rd Tri March – May (plus any workdays in June) Note: Incentive will be paid out on actual hours worked. Absences, and sick leave if used, shall not be counted against an employee in terms of eligibility for or calculation of the above financial incentive for matters directly pertaining to the following: Injury covered under Workers’ Compensation: Jury duty of the employee; Work-related subpoena received by the employee; Association Leave; Bereavement Leave. In order to waive such an absence in relation to the financial incentive, the employee must supply proper documentation to management prior to the absence. Should any cafeteria employee be called for work beyond his/her regular schedule, except as extension of the regular work hours, the employee shall be paid for a minimum of two (2) hours. Professional Development Stipend – All food service employees completing Xxxxx 0 of the SNA training program for school food service employees and earning and maintaining SNA certification, shall receive a thirty-five cent (35¢) per hour increase. Such wage increase will be paid in semi-monthly pay checks based on the total hours paid during the pay period. There shall be no stipend for employees completing said training or certification on or after January 1, 2005. Van Driver: The Van Driver rate is for driving time exclusive of any time spent traveling to the beginning of the driving assignment or from the end of the driving assignment.

Related to Financial Incentive

  • Annual Incentive The Employee shall be entitled to receive a percentage of the Employee's Target Incentive for the calendar year in which such termination occurs. Such percentage shall equal a fraction, the numerator of which shall be the number of days in such calendar year up to and including the date of such termination and the denominator of which shall be the number of days in such calendar year. Such amount shall be payable according to the normal practice of the Company with respect to the payment of bonuses.

  • Educational Incentive For those employees receiving educational incentive payment at the time of layoff, upon re-employment, such employees shall be eligible to receive educational incentive.

  • Annual Incentive Plan Executive shall be entitled to participate fully in the Company's 1996 Management Incentive Compensation Plan, as amended (the "MICP"), and as may be further amended, modified, or replaced, from time to time, in accordance with the terms and conditions set forth herein and therein.

  • Equity Incentive Compensation During the term of employment hereunder the Executive shall be eligible to participate, in an appropriate manner relative to other senior executives of the Parent and its subsidiaries, in any equity-based incentive compensation plan or program approved by the Board from time to time, including (but not by way of limitation) any plan providing for the granting of (a) options to purchase stock of the Parent, (b) restricted stock of the Parent or (c) similar equity-based units or interests.

  • Performance Incentive 4.9.1 If the Seller delivers Coal to the Purchaser in excess of ninety percent (90%) of the ACQ in a particular Year, the Purchaser shall pay the Seller an incentive (“Performance Incentive”/ “PI”), to be determined as follows: PI = P x Additional Deliveries x Multiplier Where: PI = The Performance Incentive payable by the Purchaser to the Seller P = The Base Price of Highest Grade, as shown in Schedule II Additional Deliveries = Quantity [in tonnes] of Coal delivered by the Seller in the relevant Year in excess of 90% of the ACQ. Multiplier shall be 0.15 for Additional Deliveries between 90%-95% of ACQ and 0.30 for Additional Deliveries in excess of 95% of ACQ.

  • Equity Incentives To the extent the Company adopts and maintains a share incentive plan, the Executive will be eligible to participate in such plan pursuant to the terms thereof.

  • Annual Incentive Bonus The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.

  • Performance Incentives Provided that sufficient funds are available from athletics revenue or gifts for the unrestricted use of the Department of Athletics, Athletics Director shall be entitled to receive additional non-salary compensation from the University in the form of the following stated bonuses for increased responsibilities, provided that all varsity sports are 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 Athletics Director knew or should have known. [Insert Incentives – See examples below

  • Sick Leave Incentive Program MSUAASF and Minnesota State may develop a sick leave incentive program through the establishment of a joint committee.

  • Annual Incentive Compensation (a) The Executive shall be eligible to receive annual bonus compensation, if any, as may be determined by, and based on performance measures established by, the Board of Directors upon the recommendation of the Compensation Committee of the Board of Directors (the “Committee”) consistent with the Employer’s strategic planning process and in consultation with the Executive, pursuant to any incentive compensation program as may be adopted from time to time by the Board of Directors, based on recommendations by the Committee (an “Annual Bonus”).

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