Performance Year Sample Clauses

Performance Year. Each calendar year beginning with January 1, 1998 shall be a "Performance Year." If the Employee is employed by the Company for a part of a Performance Year, he shall receive a bonus equal to the bonus he would have received had he been employed for the entire Performance Year, multiplied by a fraction, the numerator of which is the number of days he was employed by the Company during such Performance Year and the denominator of which is 365; provided, that if the Employee's employment is terminated prior to the end of the Performance Year by the Company for Cause or the Employee resigns, no bonus shall be made for the Performance Year (or part hereof) in which the Employee's employment was terminated or in which the Employee resigns.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Performance Year. Each calendar year beginning with January 1, 1997 shall be a "Performance Year." During the Term, if the Executive is employed by the Company for a part of a Performance Year, he shall receive a Bonus Award (as hereinafter defined) equal to the Bonus Award he would have received had he been employed for the entire Performance Year, MULTIPLIED BY a fraction, of which (i) the numerator is the number of days he was employed by the Company during such Performance Year and (ii) the denominator is 365; PROVIDED, HOWEVER, that if Executive's employment is terminated before the end of the Performance Year either (x) by the Board for Cause or (y) by the Executive without Good Reason, no Bonus Award shall be made for the related Performance Year (or part thereof).
Sample 1Sample 2Sample 3
Performance Year. Product Units Sold
Sample 1Sample 2
Performance Year. (1) Except as specified in paragraphs (b)(1)(i) and (ii) of this section, the ACO’s performance year under the participation agreement is the 12 month period beginning on January 1 of each year during the term of the participation agreement unless otherwise noted in its participation agreement.
Sample 1Sample 2
Performance Year a. For the DCE’s second Performance Year and each subsequent Performance Year, by a date specified by CMS, the DCE shall obtain written confirmation that each individual and entity listed on the DC Participant Provider List at the start of the Performance Year, and that each individual and entity listed on the Preferred Provider List as participating in the DCE’s selected DC Capitation Payment Mechanism at the start of the Performance Year has consented to participate in the DCE’s selected DC Capitation Payment Mechanism for the applicable Performance Year in accordance with this Section 12.02.E.
Sample 1
Performance Year. Each twelve (12) month period beginning with the Guarantee Performance Term Commencement Date and continuing through the end of the Reporting Term.
Sample 1
Performance Year the CitiStreet Performance year is from 1st January to 31st December. Performance and Salary Review occurs in December of the Performance Year.
Sample 1
AutoNDA by SimpleDocs

Related to Performance Year

  • Performance Period This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.

  • Performance Cycle The Performance Cycle for this Award shall commence on May 1, 2005, and shall end on December 31, 2007.

  • Performance Bonus If Employee's employment is terminated by Employee with cause, or by Bank without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank with cause, or by Employee without cause.

  • Annual Performance Bonus In the discretion of the Company's Compensation Committee, the Executive shall be eligible to receive an annual performance bonus payable in cash for each full or partial fiscal year of the Company during the Employment Period in accordance with the Company's performance-based bonus program for Executive Officers.

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Performance Metrics In the event Grantee fails to timely achieve the following performance metrics (the “Performance Metrics”), then in accordance with Section 8.4 below Grantee shall upon written demand by Triumph repay to Triumph all portions of Grant theretofore funded to and received by Grantee:

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Annual Incentive Award During the Term of Employment, the Executive shall be eligible for an annual incentive award with payout opportunities that are commensurate with his position and duties, as determined by the Compensation Committee in its discretion. Commencing with the Effective Date of the initial Term of Employment, the Executive’s target annual incentive award opportunity will be equal to fifty percent (50%) of the Executive’s Base Salary. The Executive’s annual incentive award opportunities shall be based on Company and individual performance goals determined, and subject to change, by the Compensation Committee in its discretion. The Executive shall be paid his annual incentive award no later than other senior executives of the Company are paid their annual incentive award.

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

Time is Money Join Law Insider Premium to draft better contracts faster.