Incentive Credit definition

Incentive Credit means the amount of credit a Participant would receive for incentives and/or contests during the plan month.
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Incentive Credit means the incentive amount in CAD that Client earn or accrue each approved Group that they submitted for the Incentive;
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Examples of Incentive Credit in a sentence

  • Leave Incentive Credit shall not accrue to Paid Time Off (PTO) or Catastrophic Leave (CAT) balances and shall have no monetary value.

  • Regular employees must be continuously on the Authority payroll and eligible to earn and use Leave Incentive Credit during the entire period designated.

  • Leave Incentive Credit not utilized by the employee's last workday of the designated six (6) month period shall be forfeited.

  • Part‐time regular employees who work forty (40) hours or more hours per pay period and who use six (6) hours or less of unanticipated leave shall receive four (4) hours of Leave Incentive Credit following the six (6) month period in which it was earned.

  • Full‐time regular employees who use twelve (12) hours or less of unanticipated leave from January 1st through June 30th or July 1st through December 31st shall receive eight (8) hours Leave Incentive Credit following the six (6) month period in which it was earned.

  • The Utility’s payment of the annual WA State Production Incentive Credit is condition upon the Utility receiving an equivalent tax credit from the State of Washington attributed to the power production represented by the Participant’s Solar Units.** This payment will be paid by check made out to the Participant and sent to the Service Address, or such other address identified by the Participant under this Agreement.

  • The Committee shall have the discretion to credit to the Deferred Compensation Account of each Active Participant an amount of the Employer Performance Incentive Credit for the Plan Year as directed by the Employer.

  • Furthermore, and without limiting anything contained herein: (i) the provisions of the Incentive Credit shall automatically terminate without notice or any further process if the Purchaser defaults in any of the provisions of the Agreement and notwithstanding that such default is cured or rectified; and (ii) the Vendor's obligation to provide the Incentive Credit is conditional upon the Purchaser closing on the transaction contemplated under the Agreement.

  • Eligible employees will use SDI or PFL on an integrated basis, using all available paid leave hours, Leave Incentive Credit (LIC), floating holiday (FLOAT), compensatory time off (CTO), holiday-earned credit (HCE), paid time off (PTO), and catastrophic leave (CAT), in that order.

  • Leave Incentive Credit not utilized by the employee's last workday of the designated six (6)-month period shall be forfeited.