Incentive Policy Sample Clauses

Incentive Policy. The Incentive Policy encourages unit members to pursue job-related training and education, and provides incentive pay to be added to the individual’s base rate of pay. To be eligible for incentive credit, the activity has to meet an approval process and be pursued on the employee’s time and at the employee’s expense. It is understood that the District also at times provides training and education on the District’s time and at the District’s expense. These activities would not be eligible for incentive credit. The Incentive Program is described below:
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Incentive Policy. For the purposes of carrying out of Part 1 of the Project: The Borrower, through MOH (DST/AIDS), shall cause each State or Eligible Municipality Health Council, as the case may be, to approve the XXX submitted by each State or Eligible Municipality under terms and conditions satisfactory to the Bank, in accordance with the terms and conditions set forth in the Incentive Policy Legislation and the Project Operational Manual. The Borrower, through MOH (DST/AIDS), shall, and shall cause each State or Eligible Municipality, as the case may be, to comply with, inter alia: (i) the structure, process and results indicators related to the implementation of the corresponding XXX, as specified in the Project Operational Manual; and (ii) the provisions applicable to each State or Eligible Municipality (compatible with the Borrower’s regulations on the subject), to be rewarded for achieving the indicators referred to in (i) above, or penalized with a reduction of financing in cases of poor performance. The Borrower, through MOH (DST/AIDS), shall cause each State or Eligible Municipality to comply with, inter alia, the following obligations: (A) procure the goods and services for its respective activities under Part 1 of the Project, in accordance with the provisions of Section III of this Schedule and with the contracting procedures and schedule set forth in the Procurement Plan; (B) utilize the State Transfer or Eligible Municipality Transfer, as the case may be, in accordance with: (i) the procedures set forth in the Project Operational Manual, and (ii) only for the purposes of the respective activities under Part 1 of the Project; (C) carry out its respective activities under Part 1 of the Project in accordance with technical, financial, environmental, and social procedures and plans, including the IPPF, as set forth in the Project Operational Manual; (D) assign, under the respective XXX, sufficient funds to be transferred to Eligible CSOs selected to conduct prevention and other support services to Groups Most at Risk in their respective communities, through a CSO Agreement , and in accordance with terms and conditions set forth in the Project Operational Manual; (E) keep records and accounts in regard to the respective activities under Part 1 of the Project and provide timely information to the Borrower (through DST/AIDS) on the use of the State Transfers or Eligible Municipality Transfers, as the case may be; and (F) comply with the terms of the Anti-Corruption ...
Sample 1
Incentive Policy. 1. For the purposes of carrying out of Part 1 of the Project:
Sample 1

Related to Incentive Policy

  • Incentive Program Members who are rated as either Level I, Level II or Level III in every phase of the Physical Fitness Test are eligible to participate in the Incentive Program.

  • Incentive Plans During the Term of this Agreement, Executive shall be entitled to participate in all bonus, incentive compensation and performance based compensation plans, and other similar policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive's participation shall be in accordance with the terms and provisions of such plans and programs. Participation shall include, but not be limited to:

  • Incentive Compensation During the Term, the Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Compensation Committee from time to time. The Executive’s initial target annual incentive compensation shall be 40 percent of his Base Salary (the “Target Annual Incentive Compensation”). Except as otherwise provided herein, to earn incentive compensation, the Executive must be employed by the Company on the day such incentive compensation is paid.

  • Educational Incentive Program 15.2.1 A regular monthly classified unit member covered by this Agreement shall be granted a one-step increase (up to a step maximum of step G for Office/Technical unit members) on the first (1st) of the month following verification of satisfactory completion (grade of “C” or above) of twelve (12) semester units of credit from an accredited institution. Courses must have been enrolled in and credits must have been earned subsequent to the unit member's employment with the District. Official transcripts verifying a grade of “C” or above will be considered proof of satisfactory completion, in addition to the Educational Incentive Program Request for Salary Advancement Form, shall be provided by the eligible unit member and forwarded to the Office of Human Resources. Units of credit obtained prior to promotion must be applied toward step movement within sixty (60) calendar days of effective promotion date. The unit member shall ensure that the Compensation department is aware of these additional credits within this sixty (60) day period.

  • RETIREMENT INCENTIVE PROGRAM A. A Retirement Incentive Program will be provided by the District based upon the conditions stipulated below:

  • Incentive Plan 23:01 Effective January 1, 2003, the basis on which any Incentive Plan payment is calculated will be modified. The modified plan will be based upon a 100% target payout of 2.5%, comprised of 1.75% District / Departmental targets and 0.75% Spectra Energy Earnings Per Share (EPS). Any Incentive Plan payout will be based upon the employee’s incentive eligible earnings which includes straight-time earnings, STD, vacation pay, holiday pay, paid personal days, overtime pay, and shift premiums. For clarity, any other forms of payment will not be included in the employee’s incentive eligible earnings. The rules and administration and payout formula of the Company’s Short Term Incentive Plan will apply to this Incentive Plan. The Incentive Plan for employees will be calculated on: ⮚ Operations District/Departmental targets - a sliding scale based on the achievement of the targets. The sliding scale starts at an achievement level of fifty (50%) percent each calendar year. Achievement below fifty percent (50%) in any calendar year results in no payout under this component of the Incentive Plan. At one hundred percent (100%) achievement level in a calendar year, the District / Department component of the Incentive Plan payment will be: • One and three-quarters percent (1.75%) of the employee’s incentive eligible earnings in each calendar year, or At the achievement level of one hundred and fifty percent (150%) or more in a calendar year, the maximum District / Department component of the Incentive Plan payment will be: • Two and five-eighths percent (2.625%) of the employee’s incentive eligible earnings in each calendar year. ⮚ Spectra Energy Earnings Per Share (EPS) - a sliding scale based on the achievement of the target EPS. The sliding scale starts at an achievement level of fifty (50%) percent each calendar year. Achievement below fifty percent (50%) in any calendar year results in no payout under this component of the Incentive Plan. At one hundred percent (100%) achievement level in a calendar year, the EPS component of the Incentive Plan payment will be: • Three-quarters percent (0.75%) of the employee’s incentive eligible earnings in each calendar year, or At the achievement level of two hundred percent (200%) or more in a calendar year, the maximum EPS component of the Incentive Plan payment will be: • One and one-half percent (1.50%) of the employee’s incentive eligible earnings in each calendar year. The District / Department and Spectra Energy Earnings Per Share targets will be established annually by the Company. Any applicable payment under this Incentive Plan will be paid by March 31, of the following calendar year.

  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee.

  • Sick Leave Incentive Program MSUAASF and Minnesota State may develop a sick leave incentive program through the establishment of a joint committee.

  • EARLY RETIREMENT INCENTIVE PLAN 1. The Board will pay an allowance to continuing contract teachers who retire from teaching in the District under the Teachers' Pension Plan, before reaching age sixty (60), subject to the following conditions: The teacher must:

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then

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