Incentive Payment A. Incentive Payment A shall be equal to forty percent (40%) of the Net Abatement Amount multiplied by the aggregate Overall Allocation Percentage of the Settling States, provided all Settling States satisfy the requirements of Incentive Payment A. Incentive Payment A will be due to a Settling State as part of the Annual Payment in each of the eighteen (18) Payment Years that a Settling State is eligible for Incentive Payment A and shall equal a total potential maximum of $7,421,605,477 if all States are eligible for all eighteen (18) Payment Years. Each 6HWWOLQJ 6WDWH¶V VKDUH RIpro,vidQedFthHatQSWettLlinYg SHtate 3D\PHQ is eligible, shall equal the total maximum amount available for Incentive Payment A for that year as reflected in Exhibit M WLPHV WKH 6HWWOLQJ 6WDWH¶V 2 Percentage. Eligibility for Incentive Payment A is as follows:
Appears in 8 contracts
Samples: Distributor Settlement Agreement, Distributor Settlement Agreement, Distributor Settlement Agreement
