Gain Sharing. At the request of the Union the Parties shall enter into discussions to explore the potential mutual benefits of gain sharing during the term of this agreement.
Gain Sharing. Each Program Year, Bank shall make the payment due to Retailer, if any, as provided for in and calculated in accordance with Schedule 4.1(6) hereto.
Gain Sharing. According to the provisions of the General Part of these General Terms and Conditions of Contract.
Gain Sharing. The Company will maintain a productivity-based incentive plan for bargaining unit employees during the life of this Agreement. This Gain Sharing Program is designed to motivate employees to meet or exceed Company goals, which will be established solely by management. Changes in the gain sharing formula, criteria, or structure shall be made at Company discretion after consultation with the Gain Sharing Committee and Contract Administrator.
Gain Sharing eFunds shall work with Deluxe to identify potential savings in the Services and shall make recommended changes to the methods and processing used by Deluxe. Upon mutual agreement, the identified potential savings or improved processing techniques shall be researched and a proposal shall be presented to Deluxe. eFunds' proposal shall include the estimated current costs, the recommended changes and the projected savings or service improvements to Deluxe and a proposed Work Order setting forth each party's responsibilities to achieve the savings or improvements. In the case of improved Services, a mutually agreed to value shall be assigned to such improved Services and shall be used as the basis for any gain sharing. Upon the parties' execution of a Work Order, a Project Plan shall be developed by eFunds to accomplish the change. Deluxe shall compensate eFunds for such savings or service improvements upon successful implementation as follows, as the parties may elect in writing at the time of the relevant Work Order's execution: (a) for any change initiated by eFunds resulting in the savings or improved Services benefiting Deluxe, eFunds shall retain fifty percent (50%) of the savings or value in improved Services for a period of twelve (12) months, after which all further savings or enhanced value shall be realized by Deluxe; and (b) for any change initiated by Deluxe but as to which eFunds has substantially assisted, either (i) Deluxe shall retain one hundred percent (100%) of the savings or enhanced value and eFunds will be compensated directly through Fees for its implementation Services or (ii) eFunds shall retain thirty-five percent (35%) of the savings or enhanced value for a period of twelve (12) months, after which all further savings or enhanced value shall be realized by Deluxe. Confidential and Proprietary 13 May 15, 2000 [LOGO OF E FUNDS, INC. APPEARS HERE] [LOGO OF DELUXE CORPORATION APPEARS HERE] eFunds/Deluxe Corporation Professional Services Agreement
Gain Sharing. A Gain Sharing Program will be developed with a team consisting of two (2) management employees, two (2) Local 367 union members, and one (1) representative from the public, mutually agreed upon by both parties, no later than December 15, 2006. A Gain Sharing Program, ratified by the employees, will be effective January 1, 2007, with pay outs to employees not to exceed 3.5% of base pay. Should the team be incapable of developing a Gain Sharing Program by December 15, 2006, then the Service Recognition Program as listed in the April 23, 2003 through December 31, 2005 contract will remain in place.
Gain Sharing. (a) Within five (5) Business Days of the end of each fiscal month, and within forty-five (45) days of the end of each Program Year and the expiration or termination of the Operation Period, as applicable, The Gap, Inc. shall provide Bank with a statement and accounting of the amount of Net Domestic Sales (each a “Net Domestic Sales Statement”) for the applicable fiscal month or Program Year. Such Net Domestic Sales Statements shall be certified by an officer of The Gap, Inc. to be correct and calculated in accordance with generally accepted accounting principles. Within five (5) Business Days of the end of each fiscal month, and within forty-five (45) days after the end of each Program Year and the expiration or termination of the Operation Period, as applicable, The Gap, Inc. shall provide Bank with a statement and accounting of the aggregate Tender Items for the applicable fiscal month or Program Year. Within (A) fifteen (15) days of the end of each of the first three (3) Program Quarters of each Program Year, and (B) forty-five (45) days of the end of each Program Year, and the expiration or termination of the Operation Period, as applicable, Bank shall provide The Gap, Inc. with a year-to-date statement of the amount of Net Credit Card Sales for the applicable Program Year, which statement shall be certified by an officer of Bank to be correct.
Gain Sharing. Subject to Antitrust Immunity, the air traffic revenue gains and cost efficiencies derived from the alliance of the Carriers shall benefit both Carriers. The Carriers shall periodically assess the relative benefits and costs of codesharing and other forms of marketing cooperation. If, after Antitrust Immunity, the gains or costs of the Carrier’s coordination of pricing, route planning, yield management, scheduling, commissions, advertising, sales and marketing and other activities directly result in benefits to one Carrier but adversely impact the other, and such adverse impact is not the result of such other Carrier’s action, the Carriers shall negotiate immediately in good faith to make adjustments so that both Carriers may fairly benefit from these alliance activities.
Gain Sharing. 24 25 The Company will maintain a productivity-based incentive plan for bargaining unit 26 employees during the life of this Agreement. This Gain Sharing Program is designed 27 to motivate employees to meet or exceed Company goals, which will be established 28 solely by management. Changes in the gain sharing formula, criteria, or structure 29 shall be made at Company discretion after consultation with the Gain Sharing 30 Committee and Contract Administrator. 31 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56
Gain Sharing. EDS will identify, on a regular basis, gain sharing opportunities to SK as well as respond to gain sharing opportunities in accordance with gain sharing principles and procedures mutually agreed to by EDS and SK prior to the Effective Date.
