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.

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 a court-ordered reduction in the terms or

Examples of Incentive in a sentence

• A broad-based pilot Wellness Incentive Program will be developed with input from the joint Labor/Management Wellness Committee.

• In addition, recognition for employee and department participation will be an important aspect of the Wellness Incentive Program.

• Incentives are defined under FAR Subpart 16.4, Incentive Contracts, and other applicable agency-unique regulatory supplements.

• The Wellness Incentive Program design will include the development of additional wellness activities to compliment the current Employee Wellness Program schedule and collaboration with health plan carriers to develop special programs and activities for County employees and to encourage participation in their established wellness activities.

• Incentive funding is available for activities that will reduce the emissions of nitrogen oxides (NOx) in designated Eligible Counties in Texas.

More Definitions of Incentive

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.

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 financial or other advantage;

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

Incentive means any reimbursable or non-reimbursable credit enhancement or other grants of funds by or through the city to a PACE lender in connection with a PACE loan.

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