Common use of Incentive Program Clause in Contracts

Incentive Program. 1. Pursuant to Section A of Exhibit B, Covered California incorporates a performance incentive or “bonus” program into this Schedule of Commissions that provides additional compensation. The program applies to new Covered California for Small Business (CCSB) groups with initial effective dates of 7/1/24, 8/1/24, 9/1/24, 10/1/24, 11/1/24, 12/1/24, and 1/1/25. Agencies and Agents must strictly comply with the program rules to qualify for incentive payments. Covered California shall not be liable for any payments after cancellation of the program. Covered California retains sole discretion to determine compliance with the program rules. As set forth below, Covered California will pay incentive payments to Agency in addition to standard commission payments as set forth in Section A of Exhibit B in this Agreement. Covered California shall report the incentive payments on Forms 1099 and 5500, as well as any other reporting as required by law. The Incentive Program as set forth in this section is subject to cancellation or modification at any time by the Exchange without prior notice to Agency. Covered California will make a good faith effort to notify Agency of any modifications to the Incentive Program. Covered California shall not be liable for payment of any incentive payments after cancellation of the program. Agency Incentive Structure Table Group Subscriber Size Tier 1 Agency earns bonus after submission of 3rd group Tier 2 Agency earns increased bonus after submission of 6th group 51-100 $8,000 $12,000 26-50 $4,000 $6,000 11-25 $2,000 $3,000 4-10 $1,000 $1,500

Incentive Program. 1. Pursuant to Section A of Exhibit B, Covered California incorporates a performance incentive or “bonus” program into this Schedule of Commissions that provides additional compensation. The program applies to new Covered California for Small Business (CCSB) groups with initial effective dates of 7/1/247/1/23, 8/1/248/1/23, 9/1/249/1/23, 10/1/2410/1/23, 11/1/2411/1/23, 12/1/2412/1/23, and 1/1/251/1/24. Agencies and Agents must strictly comply with the program rules to qualify for incentive payments. Covered California shall not be liable for any payments after cancellation of the program. Covered California retains sole discretion to determine compliance with the program rules. As set forth below, Covered California will pay incentive payments to Agency in addition to standard commission payments as set forth in Section A of Exhibit B in this Agreement. Covered California shall report the incentive payments on Forms 1099 and 5500, as well as any other reporting as required by law. The Incentive Program as set forth in this section is subject to cancellation or modification at any time by the Exchange without prior notice to Agency. Covered California will make a good faith effort to notify Agency of any modifications to the Incentive Program. Covered California shall not be liable for payment of any incentive payments after cancellation of the program. Agency Incentive Structure Table Group Subscriber Size Tier 1 Agency earns bonus after submission of 3rd group Tier 2 Agency earns increased bonus after submission of 6th group 51-100 $8,000 $12,000 26-50 $4,000 $6,000 11-25 $2,000 $3,000 4-10 $1,000 $1,500

Incentive Program. 1. Pursuant to Section A A(2)(a) of Exhibit B, Covered California incorporates a performance incentive or “bonus” program into this Schedule of Commissions that provides additional compensation. The program applies to new Covered California for Small Business (CCSB) groups with initial effective dates of 7/1/247/1/22, 8/1/248/1/22, 9/1/249/1/22, 10/1/2410/1/22, 11/1/2411/1/22, 12/1/2412/1/22, and 1/1/251/1/23. Agencies and Agents must strictly comply with the program rules to qualify for incentive payments. Covered California shall not be liable for any payments after cancellation of the program. Covered California retains sole discretion to determine compliance with the program rules. As set forth below, Covered California will pay incentive payments to Agency in addition to standard commission payments as set forth in Section A A(2)(a) of Exhibit B in this Agreement. Covered California shall report the incentive payments on Forms 1099 and 5500, as well as any other reporting as required by law. The Incentive Program as set forth in this section is subject to cancellation or modification at any time by the Exchange without prior notice to Agency. Covered California will make a good faith effort to notify Agency of any modifications to the Incentive Program. Covered California shall not be liable for payment of any incentive payments after cancellation of the program. Agency Incentive Structure Table Group Subscriber Size Tier Incentives (in Enrolled Employees) 1 Agency earns bonus after submission of 3rd group Tier 2 Agency earns increased bonus after submission of 6th group 51-- 5 $ - 6 - 15 $1,000 16 - 25 $2,000 26 - 50 $4,000 51 - 100 $8,000 $12,000 26-50 $4,000 $6,000 11-25 $2,000 $3,000 4-10 $1,000 $1,5002. The terms and conditions for the Incentive Program are as follows: Initial Payout Incentive: