Incentive Potential Sample Clauses

Incentive Potential. Incentive compensation is paid in addition to the yearly base salary amount. The total potential fiscal year Incentive compensation is twenty thousand dollars ($20,000) pro-rated by FTE. Depending on the Incentive components, Incentive compensation will be paid out on a quarterly or annual fiscal year basis based on achievement of individual and/or team criteria. Applicable payments will be made within thirty (30) days of the end of the fiscal quarter or within thirty (30) days of the end of the fiscal year. The Employer retains the right, in its sole discretion, to increase to the total dollar amount of potential Incentive compensation however the total potential Incentive amount will not be decreased below twenty thousand dollars during the term of this Agreement.
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Incentive Potential. Incentive compensation is paid in addition to the yearly base salary amount. The total potential fiscal year Incentive compensation is twenty thousand dollars ($20,000) pro-rated by FTE. Depending on the Incentive components, Incentive compensation will be paid out on a quarterly or annual fiscal year basis based on achievement of individual and/or team criteria. Applicable payments will be made within thirty
Sample 1
Incentive Potential. Effective fiscal year 2023 the incentive compensation is paid 19 in addition to the yearly base salary amount. The total potential fiscal year Incentive 20 compensation is ten thousand dollars ($10,000) pro-rated by FTE. 21 • 50% of the incentive components for this incentive potential shall be based 22 on achievement of 83% attendance in person or virtually, at PHM monthly 23 business meetings. For nocturnist, this metric shall be 83% attendance at the 24 regular nocturnist meetings. 25 • 50% of the incentive component shall be for 90% of discharge summaries 26 complete within 36-hours of discharge for Primary Rounders or 90% of 27 Emergency Department admission orders placed within 30-minutes of 28 accepting patient for Primary Admitters. 29 In addition, depending on the Incentive components, Incentive compensation will 30 be paid out on a semi-annual basis based on achievement of individual criteria. 31 Applicable payments will be made within thirty (30) days of the end of the fiscal 32 quarter or within thirty (30) days of the end of the fiscal year. The Employer retains 33 the right, in its sole discretion, to increase to the total dollar amount of potential 1 Incentive compensation however the total potential Incentive amount will not be 2 decreased below ten thousand dollars ($10,000) during the term of this Agreement. 3 The metrics for any amount above the ten thousand dollars ($10,000) shall be 4 determined at the sole discretion of the Hospital. For fiscal year 2022 the bonus 5 potential shall remain at $30,000 and will continue to be paid on a quarterly basis.
Sample 1

Related to Incentive Potential

  • 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:

  • Annual Incentive The Employee shall be entitled to receive a percentage of the Employee's Target Incentive for the calendar year in which such termination occurs. Such percentage shall equal a fraction, the numerator of which shall be the number of days in such calendar year up to and including the date of such termination and the denominator of which shall be the number of days in such calendar year. Such amount shall be payable according to the normal practice of the Company with respect to the payment of bonuses.

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Annual Incentive Awards The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Annual Incentive Compensation (a) The Executive shall be eligible to receive annual bonus compensation, if any, as may be determined by, and based on performance measures established by, the Board of Directors upon the recommendation of the Compensation Committee of the Board of Directors (the “Committee”) consistent with the Employer’s strategic planning process and in consultation with the Executive, pursuant to any incentive compensation program as may be adopted from time to time by the Board of Directors, based on recommendations by the Committee (an “Annual Bonus”).

  • Performance Incentives Provided that sufficient funds are available from athletics revenue or gifts for the unrestricted use of the Department of Athletics, Athletics Director shall be entitled to receive additional non-salary compensation from the University in the form of the following stated bonuses for increased responsibilities, provided that all varsity sports are in compliance with all Governing Athletics Rules and University Rules, and there are no pending or active NCAA or __________ Conference investigations or major violations of which Athletics Director knew or should have known. [Insert Incentives – See examples below

  • Incentive Compensation 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 target annual incentive compensation shall be forty five percent (45%) of their Base Salary, although any the actual incentive compensation amount shall be discretionary. To earn incentive compensation, the Executive must be employed by the Company on the day such incentive compensation is paid.

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Performance Incentive 4.9.1 If the Seller delivers Coal to the Purchaser in excess of ninety percent (90%) of the ACQ in a particular Year, the Purchaser shall pay the Seller an incentive (“Performance Incentive”/ “PI”), to be determined as follows: PI = P x Additional Deliveries x Multiplier Where: PI = The Performance Incentive payable by the Purchaser to the Seller P = The Base Price of Highest Grade, as shown in Schedule II Additional Deliveries = Quantity [in tonnes] of Coal delivered by the Seller in the relevant Year in excess of 90% of the ACQ. Multiplier shall be 0.15 for Additional Deliveries between 90%-95% of ACQ and 0.30 for Additional Deliveries in excess of 95% of ACQ.

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