Incentive increase definition

Incentive increase means an increase to an employee's base salary within the assigned pay range, based on demonstrated performance.
Sample 1Sample 2Sample 3

Examples of Incentive increase in a sentence

  • The results of laboratory binder study will provide Caltrans with information to help evaluate the MB binder specification parameters, and potentially develop improved specifications.Improved binder specifications for reflection cracking will extend asphalt concrete overlay life, which can potentially reduce lifecycle cost.Who are the partners?The AASHTO 2002 design method will only have a “placeholder” reflection cracking model (a term used by a member of the advisory panel for that project).

  • ESS Employees on term appointments of one year or less and those who have served less than one (1) year of their term as of June 30th will not be eligible for a Performance Incentive increase.

  • She also explained the added line items of Health Insurance Buyout and Safety Incentive, increase in the Travel/ Conference line item for mileage reimbursement, and the Repairs and Maintenance line item.

  • Baseball 1,844 3 939* 3 Basketball 3,451 6 2,314 6 Bowling 939 3 Cross Country 939 6 Football 4,594 3 2,987 6 Golf 939 3 Indoor Track 939 3 Soccer 1,844 6 939* 6 Softball 1,844 3 939* 3 Tennis 939 6 Track 1,844 6 939 6 Volleyball 1,844 3 939* 3 Wrestling 1,844 3 939* 3 *The assistant position is paid only when there is a varsity and junior varsity team (with games scheduled) in that sport.

  • Even though the generic manufacturer earns no profits during a year of brand-name exclusivity, the total profits of the two firms taken together (i.e., the brand-name manufac- turer’s monopoly profits plus zero profits for the generic manufacturer) will be greater than the brand-name and generic manufacturers’ combined profits during a year when the firms compete.

  • The employee(s) used for comparison cannot have received a discretionary increase in the last 12 months, cannot be in a temporary classification upgrade status, cannot be receiving a salary adjustment for additional temporary duties, cannot be receiving a Project Based Incentive increase, and cannot have been appointed, promoted, or reallocated to the classification within the last twelve (12) months.

  • The Company requests a 100 basis point Performance Incentive increase under this statute, while Consumer Counsel proposes a negative Performance Incentive (i.e., a penalty).66 We note that, unlike the RPS statute above, this statute gives the Commission discretion on two fronts.

Related to Incentive increase

  • Annual increase means, initially, fifty-nine cents per month

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Incremental Increase has the meaning specified in Section 2.16(a).

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Capital Increase has the meaning given in clause 3.2(a);

  • Merit Increase means an increase in the rate of pay of an employee within the employee’s pay range which may be granted in recognition of satisfactory service on the employee’s anniversary date.

  • Bid Incremental value means the minimum amount over and above the last highest bid amount by which any participating Qualified Bidder will be required to increase the next bid on the auction portal;

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Fixed Incremental Amount shall have the meaning assigned to such term in the definition of “Maximum Incremental Facilities Amount”.

  • Remaining Net Positive Adjustments means as of the end of any taxable period, (i) with respect to the Unitholders holding Common Units or Subordinated Units, the excess of (a) the Net Positive Adjustments of the Unitholders holding Common Units or Subordinated Units as of the end of such period over (b) the sum of those Partners’ Share of Additional Book Basis Derivative Items for each prior taxable period, (ii) with respect to the General Partner (as holder of the General Partner Units), the excess of (a) the Net Positive Adjustments of the General Partner as of the end of such period over (b) the sum of the General Partner’s Share of Additional Book Basis Derivative Items with respect to the General Partner Units for each prior taxable period, and (iii) with respect to the holders of Incentive Distribution Rights, the excess of (a) the Net Positive Adjustments of the holders of Incentive Distribution Rights as of the end of such period over (b) the sum of the Share of Additional Book Basis Derivative Items of the holders of the Incentive Distribution Rights for each prior taxable period.

  • Leverage Increase Period has the meaning specified in Section 7.11(a).

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Increased Amount Date shall have the meaning provided in Section 2.14(a).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Increase Amount is defined in Section 2.3(a).

  • Aggregate Remaining Net Positive Adjustments means, as of the end of any taxable period, the sum of the Remaining Net Positive Adjustments of all the Partners.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

  • Tax Increase means that portion of the annual real estate taxes assessed against the Premises (or the Entire Premise, if applicable), as calculated immediately following the Reassessment, that is attributable solely to the Reassessment. Accordingly, a Tax Increase shall not include any portion of the real estate taxes, as calculated immediately following the Reassessment, that is:

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Increased Amount of any Indebtedness shall mean any increase in the amount of such Indebtedness in connection with any accrual of interest, the accretion of accreted value, the amortization of original issue discount, the payment of interest in the form of additional Indebtedness with the same terms, accretion of original issue discount or liquidation preference and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property securing Indebtedness.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).