Annual Milestones definition

Annual Milestones means the electricity savings that the LDC expects to achieve in a given year, as set out in the CDM Plan, that meet the eligibility criteria in section 2.3, provided on a Program-by-Program basis.
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Annual Milestones means the forecasted electricity savings (kWh) and peak demand savings (kW) that a distributor hopes to achieve each year in order to meet its CDM Targets;
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Annual Milestones means the milestones set forth in the Annual MAGI Research, Development and Technology Transfer Plan for each Contract Year.
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Examples of Annual Milestones in a sentence

  • Such research milestone payments shall not exceed [*****] of the total costs of all research FTEs for each Year, as set forth under the column headed "Total Research FTEs" in Section 6.3 of the Joint Venture Agreement (the "Maximum Annual Milestones").

  • In the detailed table accompanying the Access Agreement we have also set Annual Milestones for each of the five years covered by the agreement.

  • In any event, each Year for the first [*****] following the Effective Date, NEI shall pay to Diversa guaranteed research milestones equal to [*****] of the Maximum Annual Milestones for such Year.

  • The Parties recognize that Millennium has an interest in ensuring that meaningful incentive programs are implemented at MAGI inasmuch as a significant portion of its compensation is derived from the achievement of the Annual Milestones, and therefore the setting of such Annual Milestones shall take into consideration the level of such incentives.

  • Executive shall receive an additional $50,000 bonus if all Annual Milestones are achieved.

  • Subject to Section 10(f), any such payments of Base Salary, Guaranteed Bonus and Annual Milestones Bonuses shall be made to the Executive or to the Executive’s estate, as applicable, within ninety (90) days after his death or Disability.

  • In addition, in the event of any such termination, the Company agrees to pay the Executive (i) the Guaranteed Bonus pro rated to the date of the Executive’s termination, (ii) any accrued but unpaid Annual Milestones Bonuses earned by the Executive prior to the date of his termination, and (iii) any expense reimbursement amounts owed the Executive.

  • In order to ensure the recruitment and retention of employees of the highest caliber, the MAGI Oversight Board shall recommend to the governing body of MAGI the terms of an incentive plan for its employees which may be in the form of cash, stock, or phantom equity arrangements and shall make annual awards to its employees based upon the achievement of specified performance criteria, which criteria shall include, but not be limited to, the Annual Milestones.

  • Subject to Section 10(f), (i) any such payments of Base Salary shall be made to the Executive on the Company’s normal payroll dates during the Section 10(d) Termination Benefits Period, and (ii) any such payments of the Guaranteed Bonus and Annual Milestones Bonuses shall be made to the Executive by the date that is no later than ninety (90) days following the Executive’s termination.

  • During the Term, the Board shall set up specific milestones to be achieved within each calendar year (“Annual Milestones”) and the amount of the Annual Bonus shall be payable upon the achievement of such Annual Milestones.