Matching Grant Sample Clauses

Matching Grant. The Grantee hereby agrees to provide a matching grant "Match" in the amount of $Insert Amount of Grant Award. Prior to the issuance of the Program monies, Grantee shall submit a document to City, executed by Grantee outlining and describing the various obligations and contributions, which constitute the complete Match.
Matching Grant. The Grantee hereby agrees to provide a matching grant "Match" in the amount of $
Matching Grant. Provided that the AFID Grant has been funded by VDACS and received by the City, the City shall pay and disburse the same together with the Matching Grant, to the Authority by 2017. Within thirty (30) days of the receipt of the same, the Authority shall disburse the AFID Grant and the Matching Grant to the Company in accordance with the terms and purpose of the XXX Xxxxx Agreement.
Matching Grant. The Bank shall make a contribution to the Executive’s Deferral Account in the form of a Matching Grant equal to twenty (20%) of the Executive’s Deferrals up to a maximum of three percent (3%) of the Executive’s Base Salary. The Bank shall credit the Matching Grant to the Deferral Account at the same time the Executive’s Deferrals are credited to the Deferral Account in accordance with Section 3.1.1.
Matching Grant. If following the date hereof and prior to the date that is 120 days after the Effective Date (the “Final Purchase Date”), you purchase shares of Alleghany common stock, you shall be entitled to be granted a matching restricted stock unit for each share purchased for the first $5,000,000 worth of Alleghany common stock that you purchase. As soon as reasonably practicable after the first to occur of (i) the date following the Effective Date by which you have purchased the maximum number of shares of Alleghany common stock eligible for the matching grant, (ii) the date following the Effective Date by which you have delivered written notice to Alleghany that you have purchased all of the shares of Alleghany common stock that you intend to purchase on or prior to the Final Purchase Date, and (iii) the Final Purchase Date (the earliest of such dates, the “Determination Date”), the Committee will award you a restricted stock unit matching grant under the Plan pursuant to a restricted stock unit matching grant agreement in the form of Exhibit A hereto.
Matching Grant. Provided that the AFID Grant has been funded by VDACS and received by the City by no later than November 30, 2017 and the City has paid and disbursed to the Authority the same together with the Matching Grant, the Authority will, within thirty (30) days of its receipt of both the AFID Grant and the Matching Grant proceeds, disburse the same, at the Authoritiesoption, to either the Company or the closing agent conducting the closing on behalf of the Company, to be used by the Company for the sole purpose of acquiring, developing and constructing the Facility by the Completion Date.
Matching Grant. X xxxxx that requires a specified portion of the cost of a supported item of equipment or project be obtained from other sources, as mandatory cost sharing. The required match may be more or less than the amount of the grant. Some matching grants require that the additional funds be obtained from sources outside the recipient organization. Some matching grants are paid in installments, the payments coinciding with the attainment of pre-specified levels of additional funding. (Also see Challenge Grant) Matching grants are especially common in the sciences for large equipment grants. They are standard practice in some government agencies. Misconduct Review Research Misconduct.
Matching Grant. Park District has requested a grant from Project 120 in the amount of $700,000 (“Project 120 Grant”) for the sole purpose of assisting it with its local match required to activate federal funding for the GLFER Project, which is equal to 35% of the total project value. The Project 120 Grant amount will be based upon availability of funds and determined by and subject to the approval of the Board of Directors of Project 120. Project 120’s provision of this support is subject to the on-going cooperation and conditions precedent set forth in Section 4. The GLFER Project budget is estimated as follows: Estimated Total Project Cost $7,000,000 Funding: Federal Contribution $4,550,000 Local Match (Park District)* $2,450,000 *Based upon the Project Cost and final project ecological impact and area size calculations, Park District expects to receive a land credit under the federal regulations in the amount of approximately $1,049,000. The goal of the Parties is to secure the remaining budget of $1,501,000 as follows: $701,000 from Park District budget and $700,000 from private sector. Additionally, Park District continues to work with USACE to resolve how additional Park District funding and resulting USACE funding could be secured to add work into the project, including essential betterments such as pathways. Park District is using Northerly Island as an example for how to maximize funding and other available resources. Park District has requested that Project 120 make the Project 120 Grant available in accordance with its funding requirements set forth in the Project Partnership Agreement to be entered into by and between Park District and USACE following approval by the Park District Board at a meeting scheduled for August 13, 2014. 80767205\V-2

Related to Matching Grant

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Incentive Bonus Compensation In addition to the Base Compensation to which the Employee is entitled under Section 6(a), the Employee shall be eligible to be awarded incentive bonus compensation (the “Bonus Compensation”) with respect to each calendar year or portion thereof during which the Employee was employed by the Company hereunder equal to up to and including 100% of the Employee’s Base Compensation. The criteria for determining the amount of the Bonus Compensation shall be determined by mutual agreement between the Employee and the Chief Executive Officer of the Company and shall by approved by the Compensation Committee of the Board of Directors. Incentive Bonus Compensation shall be paid within 90 days following the end of the calendar year.

  • Annual Discretionary Bonus Following the end of each fiscal year and subject to the approval of the Board, the Executive may be eligible to receive a discretionary annual retention and performance bonus of 35% of the Executive’s then current Base Salary (the “Target Bonus”), based on the Executive’s performance and the performance of the Company and Nabriva Therapeutics AG during the applicable fiscal year, as determined by the Board in its sole discretion. All annual bonuses, if any, will be payable no later than March 15 of the year following the year in which they are earned. The Executive must be employed on the date of payment in order to be eligible for any annual bonus, except as specifically set forth below.

  • Plan Year The year for the purposes of the plan shall be from September 1 of one year, to August 31, of the following year, or such other years as the parties may agree to.

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "XXX") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the XXX and Earnings Growth was calculated times the Incentive Award Percentage.

  • Discretionary Bonuses The Employee shall be entitled to participate in an equitable manner with all other executive officers of the Bank in discretionary bonuses as authorized and declared by the Board of Directors to its executive employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such bonuses when and as declared by the Board of Directors.

  • Discretionary Bonus The Executive shall be entitled to participate in an equitable manner with all other senior management employees of the Bank in discretionary bonuses that may be authorized and declared by the Board of Directors to its senior management executives from time to time. No other compensation provided for in this Agreement shall be deemed a substitute for the Executive's right to participate in such discretionary bonuses when and as declared by the Board.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law.

  • Incentive Pay During the Employment Term, Executive shall be eligible to participate in any cash incentive or bonus plans of the Company which are in effect for executives from time to time, including the annual cash incentive payment opportunity granted to Executive under the Company’s Management Incentive Plan (“MIP,” and together with any other cash incentive or bonus plans of the Company in which Executive participates, the “Cash Incentive Plans”), subject to the terms and conditions thereof, at a minimum 75% of Base Salary (“Target Bonus”) at a 100% of MIP target basis, with such MIP target to be set annually by the Board. Anything to the contrary in this Employment Agreement notwithstanding, the Company reserves the right to modify or terminate any or all of its Cash Incentive Plans at any time. In the event of any inconsistency between the terms of this Employment Agreement and the terms of any Cash Incentive Plan, the Cash Incentive Plan shall govern and control; provided, however, that any amount owed to Executive under a Cash Incentive Plan in accordance with the terms thereof shall be paid to Executive no later than March 15 of the calendar year immediately following the calendar year in which the applicable performance period ended.

  • Deferral Election I hereby elect to defer receipt of all Time-Based Restricted Stock Awards granted to me in 2004 under The Progressive Corporation 2003 Incentive Plan. This election shall become effective as of the date the restrictions applicable to such Awards (or portion thereof) expire and shall not apply to any Award (or portion thereof) that fails to vest free of all restrictions.