Incentive Structure Sample Clauses

Incentive Structure. The Management Company will implement an incentive compensation program, as described in the Administrative Services Agreement, to encourage the Transferred Employees to develop new business opportunities, develop Purchaser’s existing assets, and contribute to the financial performance of Purchaser.
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Incentive Structure. The parties agree to continue with the incentive program that was established during the 2010-2012 contract period during this 2012-2014 contract period for the Supervisory Services Bargaining Unit. This incentive program will continue to be developed and monitored by the elected incentive committee during this contract period. The committee shall be comprised of no more than (4) management members and no more than (4) Supervisory Services Bargaining Unit members. Management shall have the sole discretion of appointing management members to the committee. The president of MSEA shall have the sole discretion of appointing Supervisory Services Bargaining Unit members to serve on the committee. This committee shall meet monthly to review and discuss the progress of this program. The Supervisory Services Bargaining Unit members of the committee shall be charged with defining the criteria established by the Supervisory Services Bargaining unit members and also with determining the weight that shall be given to the rating criteria established. Management will provide an additional criteria based on Annual Evaluations to be used by the committee. The weight given to this criteria shall be reasonable as determined by the joint committee. The overall purpose of the criteria is to enable the committee to distinguish between members in the bargaining unit for the disparate distribution of incentive pay from the funds allotted by Management. It is intended that this program will provide financial incentives for the Supervisory Services Bargaining Unit Members and will provide members with greater control over the distribution of the incentive funds. It is the goal that this Committee will establish a outline for a more formal incentive program for future years. This incentive program does not exclude the potential for negotiating across the board base wage increases in future years.
Sample 1
Incentive Structure a. Discount Availability: OpenEDG offers discounts on exams, practice tests, and learning products to the Partner, provided the Partner has an active, paid subscription with the OpenEDG Education Partner Program.
Sample 1
Incentive Structure. The Board shall establish as soon as reasonably practicable after the Initial Effective Date a long-term market maker incentive structure, which may be implemented, among other potential methods, by having the Company, on an annual basis, provide a rebate to market makers (whether or not such market makers are equity owners) based on profitability and other metrics.
Sample 1
Incentive Structure. The incentive structure proposed for the Operator Agreement is provided in the table below. The First Party shall check Compliance to KPIs on a monthly and quarterly basis depending on the KPI and the compliance calculations will be released every six months to be used for award of incentives to the Second Party. X.Xx. Levels of Incentive Amount (or Number) Criteria of Award Frequency of Measurement 1 Certificate of Appreciation for each category Every Six Months − Driver 1 Highest Overall Compliance Level to KPIs in the category − Vehicle 1 Highest Overall Compliance Level to KPIs in the category − Operations 1 Highest Overall Compliance Level to KPIs in the category 2 Cash Prize for each below category Every Year − Vehicle 150,000 AED * Winner of both Certificates of Appreciation for the category in the year − Driver 200,000 AED * Winner of both Certificates of Appreciation for the category in the year − Operations 250,000 AED * Winner of both Certificates of Appreciation for the category in the year 3 Best Operator Award 1 Winner of Cash Prize award in any 2 out of 3 categories Every Year 4 Most Preferred Operator 1 Winner of 2 consecutive Best Operator Awards Every Two Years * The amounts are to be confirmed by the senior management of First Party .
Sample 1

Related to Incentive Structure

  • Alternative Structure Notwithstanding any provision of this Agreement to the contrary, Parent may at any time modify the structure of the acquisition of the Company set forth herein, subject to the prior written consent of the Company, which consent shall not be unreasonably withheld or delayed, provided that (i) the Merger Consideration to be paid to the holders of Company Common Stock is not thereby changed in kind or reduced in amount as a result of such modification, (ii) such modification will not adversely affect the tax treatment of the Company's shareholders as a result of receiving the Merger Consideration and (iii) such modification will not materially delay or jeopardize receipt of any required approvals of Governmental Authorities.

  • Incentive ‌ Incentives are defined under FAR Subpart 16.4, Incentive Contracts, and other applicable agency-unique regulatory supplements. The OCO will determine fair and reasonable pricing for all Incentive Task Orders and develop a plan to implement and monitor an Award-Fee, Incentive-Fee, or Award-Term result in accordance with FAR 15.4, Pricing.

  • Governance Structure The Academy shall be organized and administered as a Michigan nonprofit corporation under the direction of the Academy Board and pursuant to the governance structure as set forth in the Bylaws. The Academy’s Board of Directors shall meet monthly unless another schedule is mutually agreed upon by the President and the Academy. The Academy shall not delegate this duty of organization and administration of the Academy without the express affirmative consent of the University.

  • 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 Programs During the Term of Employment, the ------------------ Executive shall be entitled to participate in any annual and long-term incentive programs adopted by the Company and which cover employees in positions comparable to that of the Executive.

  • Management Structure Describe the overall management approach toward planning and implementing the contract. Include an organization chart for the management of the contract, if awarded. 3.2

  • Change in Structure Except as expressly permitted under Section 5.3, no Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to amend any of its Organization Documents in any respect materially adverse to an Agent (in its capacity as such) or Lenders (in their capacities as such).

  • System for Award Management (XXX) Requirement Alongside a signed copy of this Agreement, Grantee will provide Florida Housing with a XXX.xxx proof of registration and Commercial and Government Entity (CAGE) number. Grantee will continue to maintain an active XXX registration with current information at all times during which it has an active award under this Agreement.

  • System for Award Management (XXX) and Data Universal Numbering System (DUNS) Requirements.

  • 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:

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