Maximum Award definition

Maximum Award means as to any Participant for any Performance Period, $4 million.
Maximum Award means the maximum amount of loan repayments that the physician can receive after completing all obligations under the rural Iowa primary care loan repayment program, not to exceed a total of $200,000. The maximum award can be applied only to eligible loans; thus, payments cannot exceed the outstanding eligible loan balance at the time of payment.
Maximum Award means the maximum amount of loan repayments that the advanced registered nurse practitioner or physician assistant can receive after completing all obligations under the rural Iowa advanced registered nurse practitioner and physician assistant loan repayment program, not to exceed a total of $20,000. The maximum award can be applied only to eligible loans; thus, payments cannot exceed the outstanding eligible loan balance at the time of payment.

Examples of Maximum Award in a sentence

  • Maximum award: $10,000.00 per unit; Award determined on the income level of the beneficiary.


More Definitions of Maximum Award

Maximum Award means as to any Participant for any Plan Year, five million ($5,000,000) dollars. The Maximum Award is the maximum amount which may be paid to a Participant for any Plan Year.
Maximum Award means the maximum percentage of Base Annual Salary which may be paid based upon the Relative Performance during the Plan Year.
Maximum Award means an Award level that may be paid if the maximum level of the Performance Goal(s) is achieved in the Performance Year.
Maximum Award means as to any Participant for any Plan Year, $10,000,000. The Maximum Award limit shall be pro-rated for any Award payable with respect to a Performance Period that is shorter than one year.
Maximum Award means as to any Participant during any period of three (3) consecutive Fiscal Years, $9 million.
Maximum Award means as to any Actual Award to any Participant for any Performance Period, the lesser of two hundred percent (200%) of Base Salary or $2 million.
Maximum Award means as to any Participant for any Fiscal Year, $5 million. The Maximum Award is the maximum amount which may be paid under the Plan to a Participant for any Fiscal Year.