Examples of Incentive Bonus Payment in a sentence
Performance Incentive Bonus Payment: if, at the end of GROUP’s fiscal year, it is determined that GROUP has a Net Pre-Tax Profit for the year, Manager shall be entitled to a performance incentive bonus payment consistent with the fair market value of the services provided by Manager to Group (as determined on an annual basis by the Board of Directors of Manager), but no more than fifty percent (50%) of Net Pre-Tax Income in excess of eight percent (8%) of Net Pre-Tax Profits.
The following should be ensured:✓ Tender Booklet incorporates all the relevant clauses as per Rly Board’s extant letters regarding List of documents to accompany the tender, Eligibility criteria, Performance Bank Guarantee, EMD, Security Deposit, Stage Payments on supply of steel in works contract, Variation in Quantity of items PVC clause etc, Incentive Bonus Payment clause, application of Mobilization advance clause and interest rate thereon, Clauses regarding participation of Joint Venture Firms.
The Employee shall receive any Base Salary and Incentive Bonus Payment accrued on the date of termination and shall not be entitled to any Base Salary or Incentive Bonus Payments beyond the date of termination under this Subparagraph a of Paragraph 14, and any unvested stock options shall be subject to the terms and conditions of the Company's 1992 Stock Option Plan.
In the event that the gross revenues generated from the Company's Beverage Vending Machine Operations at the Campus (the "Revenues") during an Agreement Year exceeds the Targeted Revenue, then the Company shall pay to the University a Commission Incentive Bonus Payment within sixty (60) days of such Agreement Year equal to the Commissions paid for such Agreement Year for the Beverage Vending Machine Operations times the percentage for such Targeted Revenue.
The Incentive Bonus Payment for Cash Earnings Available for Common Shareholders per Fully Diluted Share levels falling between the low and the high range shall be computed on a straight-line basis.
Make development incentive payments as follows: Fifteen Thousand Five Hundred Eighty Six Dollars ($15,586) on or before January 15, 2014 (“Initial Development Incentive Bonus Payment”); and Fifteen Thousand Five Hundred Eighty Six Dollars ($15,586) in years 2015 through and including 2023, on the anniversary date of the Initial Development Incentive Bonus Payment.
The NKE noted that DOH should be at the forefront in promoting food safety matters because the Legislation mandates it (DOH) to undertake Food Control.
In the event that the gross revenues generated from the Company's Snack Vending Machine Operations at the Campus (the “Revenues”) during an Agreement Year exceeds the Targeted Revenue, then the Company shall pay to the University a Commission Incentive Bonus Payment within sixty (60) days of such Agreement Year equal to the Commissions paid for such Agreement Year for the Snack Vending Machine Operations times the percentage for such Targeted Revenue.
The Incentive Bonus Payment for Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) for Common Shareholders per Fully Diluted Share levels falling between the low and the high range shall be computed on a straight-line basis.
Executive shall also be eligible to receive an additional payment of $500,000 (the "Incentive Bonus Payment") after the Status Date if, and only if, Syncor's Board of Directors makes a determination, based on the recommendation of the Chief Executive Officer, that Executive has acted in the best interest of Syncor from the effective date of this Agreement until the Status Date, which determination will be made within 15 days after the Status Date.