Gain Share definition
Examples of Gain Share in a sentence
The Gain Share Committee will work to develop and implement the Plan as expeditiously as practical, including details such as: Any such plan(s) will be implemented only by mutual agreement of the parties and will be subject to approval of the approval of the Company’s Chief Operating Officer and the TWU International prior to implementation.
The amount allocated to each Member under this Section shall be an amount equal to the total net decrease in the Member's Minimum Gain Share at the end of the immediately preceding taxable year.
The Gain Share Committee will work to develop and implement the Plan as expeditiously as practical, including details such as: Any such plan(s) will be implemented only by mutual agreement of the parties and will be subject to the approval of the Company’s Chief Financial Officer and the TWU International prior to implementation.
The variable compensation plan covering Line Maintenance employees will incorporate the following principles: The Plan will be designed to promote and reward exceptional performance across the areas of: Performance in each of these areas will be tracked and reported utilizing Metrics which are: The parties agree to create a Gain Share Committee consisting of leadership from the following departments, plus one Committee Chairperson: Management and TWU will be equally represented on the committee.
The variable compensation plan covering Title II employees will incorporate the following principles: The Plan will be designed to promote and reward exceptional performance across the areas of: Performance in each of these areas will be tracked and reported utilizing Metrics which are: The parties agree to create a Gain Share Committee consisting of leadership from the following departments, plus one Committee Chairperson: Management and TWU will be represented on the Gain Share committee.
The Gain Share percentage range is based on the plant meeting attainment objectives for two (2) separate areas and overall plant sales returns quality metrics.
However, in no event may a Holder of Class A Certificates exercise its Optional Disposition Right unless the Hypothetical Gain Share is greater than zero.
If the Hypothetical Gain Share is not greater than zero, the Optional Disposition Date for which the Optional Disposition Right has been exercised will be cancelled, and any Class A Certificates delivered to the Administrator pursuant to the preceding paragraph will be returned to the Holders thereof.
Such Holders of Class A Certificates will be paid the Optional Disposition Price for such Class A Certificates consisting of the Purchase Price of such Certificates and the related Hypothetical Gain Share.
Such Hypothetical Gain Share will be paid to the Class A Certificateholders in addition to any applicable Release Purchase Price.