Performance Pay Program definition

Performance Pay Program or "PPP" shall mean the Performance Pay Program under the Omnibus Plan or any replacement thereto, as such plans may be amended from time to time.
View Source
Performance Pay Program or “PPP” shall mean the Performance Pay Program under the Omnibus Plan or any replacement thereto, as in effect on the date a Change in Control is Consummated.
View Source
Performance Pay Program or "PPP" shall mean the Performance Pay Program under the Omnibus Plan or any replacement thereto, as in effect on the date a Change in Control is Consummated.
View Source

Examples of Performance Pay Program in a sentence

  • Employee will be eligible for consideration for an annual bonus and other incentive compensation plans generally available to other similarly situated employees, including but not limited to the OPC Performance Pay Program.

  • The provisions of this Section 2.2(e) shall apply to the Performance Pay Program under the Omnibus Plan, the defined terms of which are incorporated in this Section 2.2(e) by reference.

  • Each element of the Performance Pay Program shall have a monetary value as indicated.

  • The County and ONA agree to 9 and implement Performance Pay Program effective April 1, 2017 under the same 10 terms and conditions as non-represented employees.

  • Employees in the bargaining unit shall continue to participate in the Employer’s existing Variable Performance Pay Program.

  • Earnings from the Performance Pay Program are subject to all applicable federal, state and local laws including income tax, withholding.

  • The Department's Performance Pay Program consists of four elements.

  • Participation in the Performance Pay Program is optional and is open to sworn officers covered by the labor agreement between the Centennial Lakes Police Department and Law Enforcement Labor Services Local No. 154 who have two years of continuous service with the Department in a sworn position by the start of the calendar year.

  • The County and ONA agree to and implement Performance Pay Program effective April 1, 2017, under the same terms and conditions as non- represented employees.

  • Eligible officers wishing to participate in the Performance Pay Program must elect to complete the Job Proficiency Testing component.

Related to Performance Pay Program

  • Long-Term Performance Award means an award under Section 10 below. A Long-Term Performance Award shall permit the recipient to receive a cash or stock bonus (as determined by the Committee) upon satisfaction of such performance factors as are set out in the recipient's individual grant. Long-Term Performance Awards will be based upon the achievement of Company, Subsidiary and/or individual performance factors or upon such other criteria as the Committee may deem appropriate.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Performance Award means any right granted under Section 6(d) of the Plan.