Incentive Structure Clause Samples

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.

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. ▇.▇▇. 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

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.

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.