Incentive definition

Incentive means a term or condition whose purpose is to motivate the Contractor to provide supplies or services at lower costs, and in certain instances with improved delivery or technical performance, by relating the amount of profit or fee earned to the Contractor’s performance.

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Incentive means a payment due to the Supplier, in accordance with the provisions of this Agreement, for any delivery, performance or outcome, as the case may be, which is better than the standards specified in respect thereof;

Incentive means any consideration provided by the Company, including buy downs, markdowns, rebates, bill credits, payments to third parties, direct installation, giveaways, and education, which encourages the adoption of program measures.

Examples of Incentive in a sentence

A severance payment equal to one (1) times the sum of (x) the Executive’s then current base salary and (y) the Executive’s Target Incentive, payable monthly over a one (1)-year period.
Incentive and equity compensation granted under applicable plans will be subject to recoupment in accordance with the company’s existing clawback policy or any other customary clawback policy that the Company maintains or adopts.
Within five days of the Date of Termination (unless otherwise prohibited by Section 19 (c)), a Severance payment equal to two (2) times the sum of (x) the Executive’s Annual Base Salary and (y) the Executive’s Target Incentive, payable in a single lump sum.
The Company has granted to the Participant, subject to the terms and conditions set forth in this Restricted Stock Unit Agreement (this “Agreement”) and in the Company’s 2023 Stock Incentive Plan, as amended (the “Plan”), an award with respect to the number of RSUs set forth in the Notice of Grant that forms part of this Agreement (the “Notice of Grant”).
To the extent that this Agreement and the terms of the Incentive Compensation Clawback Policy or any other such policy conflict, the terms of such policy shall prevail.

More Definitions of Incentive

Incentive means a court-ordered reduction in the terms or

Incentive means a financial or other advantage;

Incentive means a court-ordered reduction in the terms or conditions of a community sentence which is given for exceptional performance or progress by the offender;

Incentive means a cash contribution to the Incubatee paid by the Incubator out which 50% is nominally provided by the European Space Agency (“ESA”) and 50% by a local co-funding partner. There shall be no requirement for the Incubatee to pay back the received incentive to the Incubator as long as corresponding expenses are eligible. The Agency’s part of the incentive is considered as payment for procurement according to the conditions set out in this Contract.

Incentive means one of the following given to a student or to the student's parent or guardian by an LEA or by a third party provider as a condition of the student's enrollment in an LEA or specific program for any length of time, during any school year:

Incentive means an Award under the Plan as defined by Section 2.2 of Article 2.

Incentive. : The term Incentive means any incentive under the Plan described in Section 6.