Common use of GAIN SHARE Clause in Contracts

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:

Appears in 7 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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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. This may or may not include three separate areas for attainment: The 3% objective will be divided into three separate sub-objectives:

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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