Reward Amount definition
Examples of Reward Amount in a sentence
For the avoidance of doubt, Reward Amount payments and reimbursements shall not be subject to the invoice, approval and payment procedures set forth in this ARTICLE 6, and shall in no event be deemed to be Implementer or vendor invoices.
Any Program Funds shall remain in the respective Accounts in which they are held at the time of such termination and shall be used thereafter in order to pay for any Administrative Expenses, Reward Amount payment reimbursements, Indemnified Claims, or other expenses and liabilities (contingent or otherwise) of the CFR Program or with respect to its administration that exist as of or arise following the date of termination (collectively, “Remaining Liabilities”).
Reward Amount payments and reimbursements shall be handled pursuant to the provisions of Section 4.3(c)(i) and the applicable Program Agreements with the Program Implementer and the Financial Institution, and shall in no event require any review or approval of the Steering Committee or any subcommittee thereof, but are subject to audit by the Program Auditor.
The Steering Committee shall inform the Advisory Committee, by way of written or electronic notice to all members of the Advisory Committee or at an in-person, telephonic or electronic meeting of the Advisory Committee, prior to effecting any adjustment to the Reward Amount.
In addition, the Participating Employee Quarterly Accumulated Points and Quarterly Premium Reward Amount value(s) may be changed by BCBSRI with prior written notice to the GROUP at the beginning of any Rating Period.
In addition, the Participating Employee Accumulated Points and Premium Reward Amount value(s) may be changed by BCBSRI with prior written notice to the GROUP at the beginning of any Rating Period.
In addition, following the Party’s removal, the Program Administrator may thereafter instruct the Financial Institution to transfer any and all amounts held in such Party’s Individual Deposit Account at such time or at any time thereafter into the Disbursement Account (or any Collective Deposit Account) on a priority basis at any time, and from time to time, thereafter, notwithstanding such Party’s respective pro rata share of any outstanding Reward Amount payment reimbursements or Administrative Expenses.
For each Participating Employee’s accumulated points in a Rating Period, BCBSRI provides the GROUP with a Premium Reward Amount, as set forth in the table below: 1500 points $75 3000 points $150 4500 points $225 6000 points and above $300 GROUP may earn up to three hundred dollars ($300) in Premium Reward Amount per Participating Employee in a Rating Period, up to a maximum of 5% of the GROUP’s total medical premium for the applicable Rating Period.
To fund the initial start-up costs of the CFR Program, including the amounts necessary to pay all Administrative Expenses and all Reward Amount reimbursement payments to ▇▇▇ dealers and to fund the initial Reserve Amount during the start- up phase of the CFR Program, the Participating EDUs will contribute a total of Fifty Million Dollars ($50,000,000) in initial EDU Contributions in the aggregate (assuming full participation by all eligible EDUs in the CFR Program).
Reward: Amount of money offered by Hydro-Québec to the Participant, based on their success with the Hilo Challenges.