Gain Share Clause Samples

Gain Share. 1At any time during the Term, the Supplier may make a proposal to a Contracting Body and the Authority for a new or different way of providing the Services (“Proposal”). Any Proposal must clearly state that it is submitted for consideration under this gains share provision and shall include:

Gain Share. Effective January 10th 2004, all active employees will receive between 0% to 3% lump sum, in addition to their base wage, payable on a quarterly basis, providing that plant performance, and quality metrics are met on a monthly basis. The Gain Share percentage range is based on the plant meeting attainment objectives for two (2) separate areas and overall plant sales returns quality metrics. The Company will establish these metrics and set objectives on a yearly basis. The 3% objective will be divided into three separate sub-objectives: 1) Achieving a sales return quality objective will pay 1% 2) Achieving 100% or more of attainment objectives for area one (1) will result in a maximum payment of 1%. Achieving less than 100% but greater than or equal to 93% of attainment objectives will result in a maximum payment of ½%. Achieving less than 93% of attainment objectives will result in no payment for this objective. 3) Achieving 100% or more of attainment objectives for area two (2) will result in a maximum payment of 1%. Achieving less than 100% but greater than or equal to 93% of attainment objectives will result in a maximum payment of ½%. Achieving less than 93% of attainment objectives will result in no payment for this objective.

Gain Share. During the term of this agreement, the City may provide a one-time, non-PERSable “gain-share” bonus payment between 0.5% and 1.0% of base salary to all unit employees. Said payment will be conditioned upon each year’s year-end fiscal year budget financial results, at the discretion of the City Manager.

Gain Share. 4.1. If payment is withheld due to non-performance of the Provider, the Collaborative Forum will agree whether the freed up resource needs to be reinvested in the service or in a remedial service. Decisions to reinvest are a Reserved Matter of the Collaborative Forum. 4.2. If freed up resource is not reinvested in services, the non-recurrent benefit will be returned to the Commissioners in accordance with their Financial Contribution, subject to the ECC Financial Contribution not varying until all other Commissioners have benefitted from a 10% cost reduction of their Financial Contribution. 4.3. Decisions in respect of service investment are a Reserved Matter of the Collaborative Forum. Cost will be shared in accordance with the Financial Contribution of the Commissioners at that time unless a Commissioner wishes to make a unilateral investment.

Gain Share. 34.1 Any surpluses generated by the Trust calculated by reference to Schedule 12 shall be shared between the parties once the agreed revenue reserve thresholds and annual surplus have been met as set out in Schedule 12.

Gain Share. 10.1 Any Cost Savings shall be dealt with in accordance with the Variation Procedure and this paragraph 10. 10.2 The Cost Savings shall be split between the Authority and the Supplier as follows:

Gain Share. 8.8.1 The Contracting Body(s) may require a commercial model to financially incentivise the Supplier to reduce the overall costs of operating its fleet whilst maintaining or improving the operational performance to be developed. 8.8.2 The Contracting Body(s) may require a methodology to be developed and agreed with the Supplier as part of their Call-Off Agreement.

Gain Share. 4.1. If payment is withheld due to non-performance of the Provider, the Collaborative Forum will agree whether the freed up resource needs to be reinvested in the service or in a remedial service. Decisions to reinvest are a Reserved Matter of the Collaborative Forum. 4.2. If freed up resource is not reinvested in services, the non-recurrent benefit will be returned to the Commissioners in accordance with their Financial Contribution. 4.3. Decisions in respect of service investment are a Reserved Matter of the Collaborative Forum. Cost will be shared in accordance with the Financial Contribution of the Commissioners at that time unless a Commissioner wishes to make a unilateral investment. 4.4. Whenever an underspend is achieved for the Commissioning Contract due to the Provider achieving service efficiencies (over and above deflator costs) this will then be reinvested in the service for service improvement.

Gain Share. Effective January 10th 2004, all active employees will receive between 0% to 3% lump sum, in addition to their base wage, payable on a quarterly basis, providing that plant performance, and quality metrics are met on a monthly basis. The Gain Share percentage range is based on the plant meeting attainment objectives for two (2) separate areas and overall plant sales returns quality metrics. The Company will establish these metrics and set objectives on a yearly basis. The 3% objective will be divided into three separate sub-objectives: 1) Achieving a sales return quality objective will pay 1% 2) Achieving 100% or more of attainment objectives for area one (1) will result in a maximum payment of 1%. Achieving less than 100% but greater than or equal to 93% of attainment objectives will result in a maximum payment of ½%. Achieving less than 93% of attainment objectives will result in no payment for this objective. 3) Achieving 100% or more of attainment objectives for area two (2) will result in a maximum payment of 1%. Achieving less than 100% but greater than or equal to 93% of attainment objectives will result in a maximum payment of ½%. Achieving less than 93% of attainment objectives will result in no payment for this objective. DURATION OF AGREEMENT: 20.01 This Collective Agreement becomes effective the 10th day of January, 2004 and shall continue in effect until the 12th day of January, 2007, and shall thereafter continue from year to year unless either party gives notice in writing of its intention to terminate this Agreement or to enter into negotiations for the purpose of amending this Agreement within a period of not less than thirty (30) days and not more than ninety (90) days prior to any such yearly date of termination.