High Performance Funding Sample Clauses

High Performance Funding. The USOPC will provide the following funding to SPORTS ORG for this Term: $195,600 Cash payments, in 2022, will be made on the dates noted in the table below. The first payment to SPORTS ORG will be made on the later of the 18th of January 2022, or upon execution of this Agreement. Upon Execution but not before January 18, 2022 $ 48,900 April 18, 2022 $ 48,900 July 18, 2022 $ 48,900 October 17, 2022 $ 48,900 TOTAL: $195,600 As a condition of receiving High Performance Funding, SPORTS org shall comply with the following requirements: • SPORTS ORG will submit the biannual expense report by August 1 that summarizes the USOPC spending from the previous six (6) months’ activities. • All USOPC funds that are paid during the course of the year must be accounted for by completing a Final Report on each project by March 1 of the following year. • Any funds provided by the USOPC under this Statement and not spent by the SPORTS ORG in the manner provided in this Statement will be returned to the USOPC, unless this Agreement is amended to reflect reallocation of funds within the same grant year. No amendment or modification of this Statement shall be effective unless in writing and signed by both Parties. • Olympic and Paralympic project funding are separate and cannot be reallocated from one to the other. • For payments granted in 2021, as required in the SOPS, any funds provided by the USOPC not spent on the specific project must be returned to the USOPC. The USOPC will invoice the SPORTS ORG the amount of 2021 high performance project funding not spent, based on the submitted 2021 Final Report. The USOPC will apply the outstanding balance to 2022 quarterly high-performance payment(s), ultimately reducing future payment(s) until the outstanding balance is met. • SPORTS ORG shall comply with selection procedures requirements set forth in Section 5 of the PPA. Noncompliance with Section 5 may result in delayed quarterly payments. • SPORTS ORG will ensure that all applicable individuals receiving these funds are in compliance with the mandatory training requirements of the U.S. Center for SafeSport, and the requirements of the USOPC’s Responsible Sport Organization Background Check Policy. • SPORTS ORG will comply with all requirements pertaining to NGB and member obligations under Section 8.1 of the PPA. As of January 1, 2022, additionally, SPORTS ORG will be required to be certified as a condition of high performance funding. Noncompliance with Section 8.1 or failure...
Sample 1
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High Performance Funding. The USOPC will provide the following funding to Sports Org for the Term: $1,130,000. The following amount will be deducted from the Q1 and Q2 payments of the High Performance Allocation as repayment for debt from 2019 & 2020: $105,888.01. The adjusted amount is reflected in the payment schedule below. Cash payments will be made on the dates noted in the table below. The first payment to Sports Org will be made on the later of the 17th of January 2023, or upon execution of this Funding Schedule. Upon Execution but not before January 17, 2023 $229,556.00 April 17, 2023 $229,555.99 July 17, 2023 $282,500.00 October 16, 2023 $282,500.00 TOTAL: $1,024,111.99 As a condition of receiving High Performance Funding, Sports Org will comply with the following requirements:
Sample 1

Related to High Performance Funding

  • Ongoing Performance Measures The Department intends to use performance-reporting tools in order to measure the performance of Contractor(s). These tools will include the Contractor Performance Survey (Exhibit H), to be completed by Customers on a quarterly basis. Such measures will allow the Department to better track Vendor performance through the term of the Contract(s) and ensure that Contractor(s) consistently provide quality services to the State and its Customers. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MFMP or on the Department's website).

  • EMPLOYEE PERFORMANCE EVALUATION Purpose: To provide the policy and procedures for assessing employee performance and communicating the results of assessment to the employee and to others using assessment information in personnel decisions, and further to express the mutual commitment of the parties to the University’s values.

  • Criteria for Performance Assessment A. A teacher’s performance shall be assessed based on the criteria set forth in the evaluation instrument, Appendix D.

  • Employee Performance Evaluations Any employee performance evaluation shall be prepared by the employee's supervisor who has the responsibility and authority to prepare such reports. Employee performance evaluation reports shall be discussed with the employee prior to finalization of each category of the report. An employee will receive an appointment with his/her department's reviewing officer to discuss the evaluation by signing the evaluation form in the space provided. Each department shall make a reasonable effort to ensure that the reviewing officer for this purpose has not been a party to the preparation of the evaluation. In no case shall the reviewing officer sign the evaluation form until a review has occurred. Any regular or special evaluation with a rating of "unsatisfactory" shall include plans for employee development. Except in cases of termination, release from probation, or leave of absence, employees who receive an unsatisfactory performance evaluation must receive a follow-up evaluation. The follow-up evaluation shall cover a period of time no greater than ninety (90) calendar days from the date of the final review of the initial unsatisfactory evaluation. An employee shall have the right to submit written comments regarding any evaluation and to have such comments included in his/her personnel file along with the evaluation.

  • Attainment on Performance Indicators The District will be responsible for overseeing the academic programs offered in its schools and ensuring that those programs meet or exceed state and local expectations for levels of attainment on the statewide performance indicators, as specified in 1 CCR 301-1.

  • Annual Performance Evaluation On either a fiscal year or calendar year basis, (consistently applied from year to year), the Bank shall conduct an annual evaluation of Executive’s performance. The annual performance evaluation proceedings shall be included in the minutes of the Board meeting that next follows such annual performance review.

  • Performance Deficiency The Department or Customer may, in its sole discretion, notify the Contractor of the deficiency to be corrected, which correction must be made within a time-frame specified by the Department or Customer. The Contractor must provide the Department or Customer with a corrective action plan describing how the Contractor will address all issues of contract non-performance, unacceptable performance, and failure to meet the minimum performance levels, deliverable deficiencies, or contract non-compliance.

  • Acceptance/Performance Test 4.7.1 Prior to synchronization of the Power Project, the SPD shall be required to get the Project certified for the requisite acceptance/performance test as may be laid down by Central Electricity Authority or an agency identified by the central government to carry out testing and certification for the solar power projects.

  • CLASS SIZE/STAFFING LEVELS The board will make every effort to limit FDK/Grade 1 split grades where feasible. APPENDIX A – RETIREMENT GRATUITIES

  • Performance Measures and Metrics This section outlines the performance measures and metrics upon which service under this SLA will be assessed. Shared Service Centers and Customers will negotiate the performance metric, frequency, customer and provider service responsibilities associated with each performance measure. Measurements of the Port of Seattle activities are critical to improving services and are the basis for cost recovery for services provided. The Port of Seattle and The Northwest Seaport Alliance have identified activities critical to meeting The NWSA’s business requirements and have agreed upon how these activities will be assessed.

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