Monthly Incentive definition
Examples of Monthly Incentive in a sentence
Regular Physical Exercise Monthly Incentive Rates: “Good” “Excellent” “Superior” Monthly Workouts: 10-13 times 14-17 times 18 or more Incentive Pay: $30 $40 $50 1.
Regular Physical Exercise Monthly Incentive Rates: Monthly Workouts: “Good” 10-13 times “Excellent” 14-17 times “Superior” 18 or more Incentive Pay: $30 $40 $50 1.
You agree to waive any right or expectation that additional Monthly Incentive Bonuses would be paid to you relating to the period January 1, 2002 to April 30, 2002 under that certain letter agreement dated June 29, 2001 between the Company and you regarding "Incentive Bonuses and Severance Payments" (the "Previous Letter Agreement").
The Buyer shall be fully compensated for any failure by the Owner for any reason whatsoever to provide Generation Services to the Buyer in accordance with this Arrangement, including any degradation whatsoever in the Committed Operating Characteristics of the Units for any reason, through the Monthly Incentive Payments and the Monthly Operating Characteristics Penalty Payments.
For the avoidance of doubt, payment to ABX of a Monthly Incentive Bonus or Monthly Disincentive Credit shall not cure an ABX Event of Default under Section 16.1(a).
For greater certainty, in the case where the Buyer is in default, the Settlement Periods during discontinuance of performance by the Owner pursuant to Section 17.1 shall be excluded from the Monthly Incentive Payment calculation as set out in Schedule D.
Subject to the Disputes provision of Section 7.8 below, DHL shall pay to ABX the Monthly Incentive Bonus earned for the prior month within ten (10) Business Days of receipt of ABX’s invoice, in accordance with Section 7.6 below.
ABX shall provide to DHL on or about the sixth (6th) Business Day of each month, a calculation of the Arrival Performance for the previous month, along with an invoice for the Monthly Incentive Bonus earned or a credit memo for the Monthly Disincentive Credit to which ABX is subject, along with reasonable supporting documentation.
In addition to the Base Compensation, Operator shall have the opportunity to earn additional compensation (the “Monthly Incentive Compensation”) based upon its actual performance in the Monthly Performance Categories as compared to the applicable Monthly Incentive Goal.
In addition to the Base Compensation and the Monthly Incentive Compensation, Operator shall have the opportunity to earn additional compensation (the “Semi-Annual Incentive Compensation”) based upon its semi-annual performance in the Semi-Annual Performance Categories as compared to the Semi-Annual Incentive Goal for each Semi-Annual Performance Category.