Common use of Performance Incentive Fee Clause in Contracts

Performance Incentive Fee. During the first year of operations at any Affiliate commencing services after the Master Renewal Date, there will be no Performance Incentive Fee assessed to the Affiliate. For Affiliates whose Affiliate Start Date falls after November of 2006 and before the Master Renewal Date, their will be no Performance Incentive Fee for the first Affiliate Contract Year. In all subsequent years the Affiliate shall pay Accretive [**]% of the measured Revenue Improvement and Additional Revenue Improvement as a Performance Incentive Fee. The calculation of the Performance Incentive Fee shall include a credit for the Management and Technology Fee for the period. The Performance Incentive Fee shall be calculated in accordance with the Operating Protocols adopted by the parties. Revenue Improvement and Additional Revenue Improvement are defined in the Operating Protocols.

Appears in 2 contracts

Sources: Master Services Agreement (Accretive Health, Inc.), Master Services Agreement (Accretive Health, Inc.)