The Incentive Sample Clauses

The Incentive. As used in this Agreement, the term “
Sample 1
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The Incentive. Each Eligible Participant of the team that generates the most 11:11 Systems MRR in the term specified above, will be eligible to attend the PalmerSport Formula Driving event, that will take place on a date specified by 11:11 Systems. The specifics of the Incentive shall be solely determined by the Sponsor. No other prize substitution permitted except at Sponsor’s sole discretion. The Incentive is non- transferable. Any and all incentive related expenses, including without limitation any and all federal, state, and/or local taxes shall be the sole responsibility of the winner. Where appropriate, the Sponsor may subject the incentive to any applicable taxes and fees in accordance with applicable law. No substitution of Incentive or transfer/assignment of Incentive to others or request for the cash equivalent by winners is permitted. Acceptance of Incentive constitutes permission for 11:11 Systems to use winner’s name, likeness, and entry for purposes of advertising and trade without further compensation, unless prohibited by law.
Sample 1
The Incentive. In consideration of the Landlord letting the Property for the Period to a Tenant nominated by the Council, the Council agrees to pay the Landlord the sum of £2000 payable as to 50% on the date of this Agreement and the balance 50% within 21 days of the expiry of the Period. If the Landlord has received from the Council any rent in advance payment at the commencement of a tenancy and after the termination of the tenancy receives any housing benefit payment in excess of the total rent payable for the period of the tenancy (‘Excess Payment’) the Council shall recover the Excess Payment from the Landlord and in recovering the Excess Payment shall be entitled to retain all or any part of the final part of the incentive payment. For the avoidance of doubt the second payment of 50% shall not be payable if the tenancy agreement is terminated or otherwise determined before the expiry of the Period SIGNED DATE: (the Landlord) SIGNED DATE (for the Council)
Sample 1
The Incentive. The Incentives applicable under the Sales Incentive Program are detailed in Schedule One, and subject always to the other provisions of this Agreement. After the end of the Incentive Period, Company shall determine the number of qualifying incentives to be issued and shall send these to You. Eligible Products that You enter into any transactions for or (re)sell in contradiction with your agreements with the Company or its Affiliates, including without limitation your partner agreement, will not be eligible for Incentives. Where allocation of Incentives depends on information that You are required to provide to Company or its Affiliates, you acknowledge that you must complete and provide that information in time and within the Incentive Period. Company reserves the right to send a reduced Incentive amount or to not send You Incentives in certain circumstances, including without limitation where You have placed orders or purchased Eligible Products at pricing or discounts that are below Company’s or its Affiliate’s (as applicable) standard pricing, or your total Incentive amount for the Sales Incentive Program is less than €100. Your partner account must always be up to date and in good payment standing and if that is not met the Company is entitled to withhold, off-set or forfeit any Incentive amount otherwise due to You. The foregoing shall be determined by the Company at its sole discretion. If Company at any time determines that there has been an overpayment of any Incentives for any reason (including without limitation your ineligibility to receive, or it is more than You should have received) Company may require You to promptly return that overpayment to it and if You fail to do so, Company reserves the right to charge additional fees including without limitation late fees or legal fees relating to recovery of the overpayment. Company may also withhold, off- set or forfeit any future Incentives to recover the overpayment.
Sample 1
The Incentive. Plan Proposal” for additional information. See “Basis of Presentation and Glossary” for additional information with respect to assumptions underlying New Benson Hill share calculations and ownership percentages.
Sample 1

Related to The Incentive

  • Performance Incentive 4.9.1 If the Seller delivers Coal to the Purchaser in excess of ninety percent (90%) of the ACQ in a particular Year, the Purchaser shall pay the Seller an incentive (“Performance Incentive”/ “PI”), to be determined as follows: PI = P x Additional Deliveries x Multiplier Where: PI = The Performance Incentive payable by the Purchaser to the Seller P = The Base Price of Highest Grade, as shown in Schedule II Additional Deliveries = Quantity [in tonnes] of Coal delivered by the Seller in the relevant Year in excess of 90% of the ACQ. Multiplier shall be 0.15 for Additional Deliveries between 90%-95% of ACQ and 0.30 for Additional Deliveries in excess of 95% of ACQ.

  • Performance Incentives Provided that sufficient funds are available from athletics revenue or gifts for the unrestricted use of the Department of Athletics, Athletics Director shall be entitled to receive additional non-salary compensation from the University in the form of the following stated bonuses for increased responsibilities, provided that all varsity sports are in compliance with all Governing Athletics Rules and University Rules, and there are no pending or active NCAA or __________ Conference investigations or major violations of which Athletics Director knew or should have known. [Insert Incentives – See examples below

  • 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.

  • Retirement Incentive a) If an employee gives the Board an irrevocable notice of retirement by February 1st four (4) years prior to the school year of retirement, the Board shall pay him/her a six percent (6%) retirement incentive, inclusive of all other increases in TRS creditable compensation, for each of his/her remaining four (4) years of service. If an employee gives the Board an irrevocable notice of retirement by February 1st three (3) years prior to the school year of retirement, the Board shall pay him/her a six percent (6%) retirement incentive, inclusive of all other increases in TRS creditable compensation, for each of his/her remaining three (3) years of service. If an employee gives the Board an irrevocable notice of retirement by February 1st two (2) years prior to the school year of retirement, the Board shall pay him/her a six percent (6%) retirement incentive, inclusive of all other increases in TRS creditable compensation, for each of his/her remaining two (2) years of service. If an employee gives the Board an irrevocable notice of retirement by February 1st one (1) year prior to the school year of retirement, the Board shall pay him/her a six percent (6%) retirement incentive, inclusive of all other increases in TRS creditable compensation, for his/her remaining year of service. Once an employee submits an irrevocable notice of retirement by February 1st, that employee shall be removed from the salary schedule contained in Article IX of this Agreement at the beginning of the following school year. All calculations for increased TRS creditable earnings will be based on the TRS creditable earnings in the year of the submission of the irrevocable notice of retirement. Once the employee submits an irrevocable notice of retirement an employee’s creditable earnings shall be increased by six percent (6%) of the year of submission, but in no case will the employee’s TRS creditable earnings increase exceed six percent (6%) of the year of submission. If, after submitting an irrevocable notice of retirement by February 1st, the employee resigns from, or is dismissed from duties for which the employee was paid a stipend or additional compensation the previous year, the retirement incentive for that employee will be recalculated accordingly.

  • RETIREMENT INCENTIVE PROGRAM A. A Retirement Incentive Program will be provided by the District based upon the conditions stipulated below:

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

  • Incentive ‌ Incentives are defined under FAR Subpart 16.4, Incentive Contracts, and other applicable agency-unique regulatory supplements. The OCO will determine fair and reasonable pricing for all Incentive Task Orders and develop a plan to implement and monitor an Award-Fee, Incentive-Fee, or Award-Term result in accordance with FAR 15.4, Pricing.

  • Incentive Compensation During the Term, the Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Compensation Committee from time to time. The Executive’s initial target annual incentive compensation shall be 40 percent of his Base Salary (the “Target Annual Incentive Compensation”). Except as otherwise provided herein, to earn incentive compensation, the Executive must be employed by the Company on the day such incentive compensation is paid.

  • 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.

  • Bonus The Executive shall be eligible for Bonuses determined by the Board.

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