Common use of Performance Incentive Clause in Contracts

Performance Incentive. When the coaching efforts of Employee result in the Softball Team being recognized in any of the following ways, Employee will be paid a performance incentive in the amounts indicated below. Unless otherwise noted, earned performance incentives (“Performance Incentives”) included within each “Group” below are not cumulative within each Group (the Employee is awarded based on the highest level achieved within each Group, if applicable) and do not affect Base Salary. The payment of all Performance Incentives shall be subject to the approval of the Associate Vice President/Director of Intercollegiate Athletics or designee. Retirement contributions for incentive compensation will made in accordance with State of Illinois law and University regulations. Group 1. G raduation Success Rate (“GSR”). For each full academic year the Employee is Head Coach and the Softball Team achieves a GSR as defined by the NCAA and as outlined below, Employee will receive the corresponding additional compensation no later than December 31 of the current academic year less all mandatory payroll deductions. This performance incentive is not cumulative. Without prejudice to the foregoing, Employee must be employed by the University as Softball Head Coach on the date the GSR score is released to the public by the NCAA to be eligible for this Group 1 Performance Incentive. • A GSR greater than or equal to 70% $250 • A GSR greater than or equal to 75% $500 • A GSR greater than or equal to 80% $750 Group 2. Academic Progress Rate (“APR”). For each full academic year the Employee is Head Coach and the Softball Team achieves a multi-year APR as defined by the NCAA and as outlined below, Employee will receive the corresponding additional compensation no later than June 30 of the current academic year less all mandatory payroll deductions. This performance incentive is not cumulative. Without prejudice to the foregoing, Employee must be employed by the University as Softball Head Coach on the date the APR score is released to the public by the NCAA to be eligible for this Group 2 Performance Incentive. • An APR greater than or equal to 960 $250 • An APR greater than or equal to 970 $500 • An APR greater than or equal to 980 $750

Appears in 1 contract

Sources: Softball Head Coach Employment Agreement

Performance Incentive. When the coaching efforts of Employee result in the Softball Women’s Volleyball Team being recognized in any of the following ways, Employee will be paid a performance incentive in the amounts indicated below. Unless otherwise noted, earned performance incentives (“Performance Incentives”) included within each “Group” below are not cumulative within each Group (the Employee is awarded based on the highest level achieved within each Group, if applicable) and do not affect Base Salary. The payment of all Performance Incentives shall be subject to the approval of the Associate Vice President/Director of Intercollegiate Athletics and Recreation or designee. Retirement contributions for incentive compensation will made in accordance with State of Illinois law and University regulations. Group 1. G raduation Graduation Success Rate (“GSR”). For each full academic year the Employee is Women’s Volleyball Head Coach and the Softball Team Women’s Volleyball team achieves a GSR as defined by the NCAA and as outlined below, Employee will receive the corresponding additional compensation no later than December 31 of the current academic year less all mandatory payroll deductions. This performance incentive is not cumulative. Without prejudice to the foregoing, Employee must be employed by the University as Softball the Women’s Volleyball Head Coach on the date the GSR score is released to the public by the NCAA to be eligible for this Group 1 Performance Incentive. • A GSR greater than or equal to 7075% $250 750 • A GSR greater than or equal to 7585% $500 1,250 • A GSR greater than or equal to 8095% $750 2,500 Group 2. Academic Progress Rate (“APR”). For each full academic year the Employee is Women’s Volleyball Head Coach and the Softball Women’s Volleyball Team achieves a multi-year APR as defined by the NCAA and as outlined below, Employee will receive the corresponding additional compensation no later than June 30 of the current academic year less all mandatory payroll deductions. This performance incentive is not cumulative. Without prejudice to the foregoing, Employee must be employed by the University as Softball Women’s Volleyball Head Coach on the date the APR score is released to the public by the NCAA to be eligible for this Group 2 Performance Incentive. Anything in the previous sentence notwithstanding, payment to Employee for any earned APR incentive will not be affected through the end of 2023 due to non-release of APR score by the NCAA to the public. Eligibility for such additional compensation will be contingent on employment at the University on the date when the APR score will be unofficially released by the NCAA, which is May 16 of 2023. • An APR greater than or equal to 960 965 $250 750 • An APR greater than or equal to 970 975 $500 1,250 • An APR greater than or equal to 980 985 $7502,500

Appears in 1 contract

Sources: Employment Agreement

Performance Incentive. When the coaching efforts of Employee result in the Softball Men’s Tennis Team being recognized in any of the following ways, Employee will be paid a performance incentive in the amounts indicated below. Unless otherwise noted, earned performance incentives (“Performance Incentives”) included within each “Group” below are not cumulative within each Group (the Employee is awarded based on the highest level achieved within each Group, if applicable) and do not affect Base Salary. The payment of all Performance Incentives shall be subject to the approval of the Associate Vice President/Director of Intercollegiate Athletics or designee. Retirement contributions for incentive compensation will made in accordance with State of Illinois law and University regulations. Group 1. G raduation Graduation Success Rate (“GSR”). For each full academic year the Employee is Head Coach and the Softball Men’s Tennis Team achieves a GSR as defined by the NCAA and as outlined below, Employee will receive the corresponding additional compensation no later than December 31 June 30 of the current academic year less all mandatory payroll deductions. This performance incentive is not cumulative. Without prejudice to the foregoing, Employee must be employed by the University as Softball Men’s Tennis Head Coach on the date the GSR score is released to the public by the NCAA to be eligible for this Group 1 Performance Incentive. • A GSR greater than or equal to 70% $250 • A GSR greater than or equal to 75% $500 • A GSR greater than or equal to 80% $750 Group 2. Academic Progress Rate (“APR”). For each full academic year the Employee is Head Coach and the Softball Men’s Tennis Team achieves a multi-year APR as defined by the NCAA and as outlined below, Employee will receive the corresponding additional compensation no later than June 30 of the current academic year less all mandatory payroll deductions. This performance incentive is not cumulative. Without prejudice to the foregoing, Employee must be employed by the University as Softball Men’s Tennis Head Coach on the date the APR score is released to the public by the NCAA to be eligible for this Group 2 Performance Incentive. • An APR greater than or equal to 960 $250 • An APR greater than or equal to 970 $500 • An APR greater than or equal to 980 $750

Appears in 1 contract

Sources: Men’s Tennis Head Coach Employment Agreement

Performance Incentive. When the coaching efforts of Employee result in the Softball Wrestling Team being recognized in any of the following ways, Employee will be paid a performance incentive in the amounts indicated below. Unless otherwise noted, earned performance incentives (“Performance Incentives”) included within each “Group” below are not cumulative within each Group (the Employee is awarded based on the highest level achieved within each Group, if applicable) and do not affect Base Salary. The payment of all Performance Incentives shall be subject to the approval of the Associate Vice President/Director of Intercollegiate Athletics or designee. Retirement contributions for incentive compensation will made in accordance with State of Illinois law and University regulations. Group 1. G raduation Graduation Success Rate (“GSR”). For each full academic year the Employee is Head Coach and the Softball Wrestling Team achieves a GSR as defined by the NCAA and as outlined below, Employee will receive the corresponding additional compensation no later than December 31 of the current academic year less all mandatory payroll deductions. This performance incentive is not cumulative. Without prejudice to the foregoing, Employee must be employed by the University as Softball Wrestling Head Coach on the date the GSR score is released to the public by the NCAA to be eligible for this Group 1 Performance Incentive. • A GSR greater than or equal to 7075% $250 • A GSR greater than or equal to 7580% $500 • A GSR greater than or equal to 8085% $750 Group 2. Academic Progress Rate (“APR”). For each full academic year the Employee is Head Coach and the Softball Wrestling Team achieves a multi-year APR as defined by the NCAA and as outlined below, Employee will receive the corresponding additional compensation no later than June 30 of the current academic year less all mandatory payroll deductions. This performance incentive is not cumulative. Without prejudice to the foregoing, Employee must be employed by the University as Softball Wrestling Head Coach on the date the APR score is released to the public by the NCAA to be eligible for this Group 2 Performance Incentive. • An APR greater than or equal to 960 970 $250 • An APR greater than or equal to 970 980 $500 • An APR greater than or equal to 980 990 $750

Appears in 1 contract

Sources: Employment Agreement