TOC Minute Delay Performance Sum Sample Clauses

TOC Minute Delay Performance Sum. Where for any Performance Calculation Year, the Franchisee's performance in relation to the Annual TOC Minute Delay Benchmark as calculated pursuant to paragraph 2.11 (that is, the value of ACTUALMD) is:
Sample 1
AutoNDA by SimpleDocs
TOC Minute Delay Performance Sum. For any Franchisee Year the TOC Minute Delay Performance Sum is calculated as follows: Table 12 ACTUALMD is the Franchisee’s performance for that Franchisee Year as calculated pursuant to paragraph 20 above; TARGETMD is the Annual Target Performance Level relating to that Annual TOC Minute Delay Benchmark for that Franchisee Year; CAPMD is the Annual Cap Performance Level relating to that Annual TOC Minute Delay Benchmark for that Franchisee Year; and FLOORMD is the Annual Floor Performance Level relating to that Annual TOC Minute Delay Benchmark for that Franchisee Year. West Coast Continuation Franchise Agreement Page 266 of 529 Schedule 7.1 Table 13 Column 1 Column 2 Column 3 OPTION A Column 4 Value of ACTUALMD is TOC Minute Delay Performance Sum payable by the Secretary of State to the Franchisee shall be an amount calculated by the following Table TOC Minute Delay Performance Sum to be incurred or to be paid by the Franchisee to Secretary of State shall be an amount calculated by the following Table [PPM Achieved?] [(Yes/No)] 1 ≤ CAPMD Table 14 Yes 1A ≤ CAPMD Table 14A No 2 > CAPMD and <TARGETMD Table 15 Yes 2A > CAPMD and <TARGETMD Table 15A No 3 ≥ TARGETMD and <FLOORMD Table 16 No 3A ≥ TARGETMD and <FLOORMD Table 16A Yes 4 ≥ FLOORMD Table 17 No 4A ≥ FLOORMD Table 17A Yes Table 14 (TARGETMD – CAPMD) x PBMD where: TARGETMD has the meaning given to it in this paragraph 22.4 (Table 12); CAPMD has the meaning given to it in this paragraph 22.4 (Table 12); and PBMD (Performance Bonus Payment) is, in respect of that Franchisee Year, an amount calculated as follows: PBPMD x RPI where: PBPMD where the Actual PPM Performance Level is better than or equal to the Annual PPM Target Performance Level for that Franchisee Year, the amount equal to the amount specified in row 1 (PBPMD) of Column 3 (With Multiplier) of the Annual TOC Minute Delay Payment Table; and RPI has the meaning given to it in Appendix 1 (Calculation of PFP) to Schedule 8.1 (Franchise Payments). West Coast Continuation Franchise Agreement Page 267 of 529 Schedule 7.1 Table 14A (TARGETMD – CAPMD) x PBMD where: TARGETMD has the meaning given to it in this paragraph 22.4 (Table 12); CAPMD has the meaning given to it in this paragraph 22.4 (Table 12); and PBMD (Performance Bonus Payment) is, in respect of that Franchisee Year, an amount calculated as follows: PBPMD x RPI where: PBPMD is, where the Actual PPM Performance Level for that Franchisee Year is worse than the Annual PPM Target Performance ...
Sample 1

Related to TOC Minute Delay Performance Sum

  • Ongoing Performance Measures The Department intends to use performance-reporting tools in order to measure the performance of Contractor(s). These tools will include the Contractor Performance Survey (Exhibit H), to be completed by Customers on a quarterly basis. Such measures will allow the Department to better track Vendor performance through the term of the Contract(s) and ensure that Contractor(s) consistently provide quality services to the State and its Customers. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MFMP or on the Department's website).

  • Performance Delay Time is of the essence in the Vendor’s performance of this Agreement. If at any time it appears to Vendor that it may not meet any of the performance schedules or the scheduled completion date of the services to be performed for any reason, including labor disputes, Vendor shall immediately by verbal means (to be confirmed in writing) notify Customer of the reasons for and the estimated duration of such delay. If requested by Customer, Vendor shall make every effort to avoid or minimize the delay to the maximum extent possible including the expenditure of premium time. Any additional cost caused by these requirements of Customer shall be borne by Vendor, unless the delay in performance arises out of causes beyond the control and without the fault or negligence of Vendor or its subcontractors within the meaning of the Cancellation- Default clause herein. The foregoing requirements are in addition to any of Customer’s other rights and remedies as may be provided by law or this Agreement.

  • Quarterly Contractor Performance Reporting Customers shall complete a Contractor Performance Survey (Exhibit I) for each Contractor on a Quarterly basis. Customers will electronically submit the completed Contractor Performance Survey(s) to the Department Contract Manager no later than the due date indicated in Contract Exhibit D, Section 17, Additional Special Contract Conditions. The completed Contractor Performance Survey(s) will be used by the Department as a performance-reporting tool to measure the performance of Contractors. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MyFloridaMarketPlace or on the Department's website).

  • Annual Performance Review The Employee’s performance of his duties under this Agreement shall be reviewed by the Board of Directors or a committee of the Board of Directors at least annually and finalized within thirty (30) days of the receipt of the annual audited financial statements. The Board of Directors or a committee of the Board of Directors shall additionally review the base salary, bonus and benefits provided to the Employee under this Agreement and may, in their discretion, adjust the same, as outlined in Addendum B of this Agreement, provided, however, that Employee’s annual base salary shall not be less than the base salary set forth in Section 4(A) hereof.

  • Annual Performance Evaluation On either a fiscal year or calendar year basis, (consistently applied from year to year), the Bank shall conduct an annual evaluation of Executive’s performance. The annual performance evaluation proceedings shall be included in the minutes of the Board meeting that next follows such annual performance review.

  • CONTRACTOR PERFORMANCE AUDIT The Contractor shall allow the Authorized User to assess Contractor’s performance by providing any materials requested in the Authorized User Agreement (e.g., page load times, response times, uptime, and fail over time). The Authorized User may perform this Contractor performance audit with a third party at its discretion, at the Authorized User’s expense. The Contractor shall perform an independent audit of its Data Centers, at least annually, at Contractor expense. The Contractor will provide a data owner facing audit report upon request by the Authorized User. The Contractor shall identify any confidential, trade secret, or proprietary information in accordance with Appendix B, Section 9(a), Confidential/Trade Secret Materials.

  • Acceptance/Performance Test 4.7.1 Prior to synchronization of the Power Project, the SPD shall be required to get the Project certified for the requisite acceptance/performance test as may be laid down by Central Electricity Authority or an agency identified by the central government to carry out testing and certification for the solar power projects.

  • Employee Performance Evaluations Any employee performance evaluation shall be prepared by the employee's supervisor who has the responsibility and authority to prepare such reports. Employee performance evaluation reports shall be discussed with the employee prior to finalization of each category of the report. An employee will receive an appointment with his/her department's reviewing officer to discuss the evaluation by signing the evaluation form in the space provided. Each department shall make a reasonable effort to ensure that the reviewing officer for this purpose has not been a party to the preparation of the evaluation. In no case shall the reviewing officer sign the evaluation form until a review has occurred. Any regular or special evaluation with a rating of "unsatisfactory" shall include plans for employee development. Except in cases of termination, release from probation, or leave of absence, employees who receive an unsatisfactory performance evaluation must receive a follow-up evaluation. The follow-up evaluation shall cover a period of time no greater than ninety (90) calendar days from the date of the final review of the initial unsatisfactory evaluation. An employee shall have the right to submit written comments regarding any evaluation and to have such comments included in his/her personnel file along with the evaluation.

  • EMPLOYEE PERFORMANCE EVALUATION Purpose: To provide the policy and procedures for assessing employee performance and communicating the results of assessment to the employee and to others using assessment information in personnel decisions, and further to express the mutual commitment of the parties to the University’s values.

  • Employee Performance Review When a formal review of an employee’s performance is made, the employee concerned shall be given an opportunity to discuss, sign and make written comments on the review form in question and the employee is to receive a signed copy to indicate that its contents have been read. An employee shall be entitled to a minimum of two (2) work days to review the performance review prior to providing any response to the Employer, verbally or in writing, with respect to the evaluation.

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