Risk and Incentive Program Sharing Sample Clauses

Risk and Incentive Program Sharing. Physician agrees that, with respect to Risk Products and incentive programs associated with Non-Risk Products, CDA may establish risk sharing methodologies and allocations of surpluses and deficits (collectively, “Incentive Model”) aside from, and/or in addition to, whatever risk sharing or incentive arrangement has been agreed upon in the applicable Payor Contract. The CDA Board of Managers shall approve any Incentive Model. Physician agrees to accept Physician’s distribution under an approved Incentive Model as payment in full and shall not look to CDA or any other party for further payment. Physician agrees to accept Physician’s share of financial responsibility under an approved Incentive Model. In the event Physician fails to pay Physician’s share of any financial responsibility, CDA may, in addition to such other rights and remedies that may exist under the law or this Agreement, offset future payments to Physician under (a) the Payor Contract to which the Incentive Model relates, (b) any other Payor Contract, (c) any distribution under any other approved Incentive Model, or (d) otherwise.
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Risk and Incentive Program Sharing. HCP agrees that, with respect to Risk Products and incentive programs associated with Non-Risk Products, MPP may establish risk sharing methodologies and allocations of surpluses and deficits (collectively, the “Incentive Model”) aside from, and/or in addition to, whatever risk sharing or incentive arrangement has been agreed upon in the applicable Payor Contract. MPP Board of Trustees shall approve any Incentive Model. HCP agrees to accept his or her distribution under the Incentive Model as payment in full and shall not look to MPP or any other party for payment. HCP further agrees to accept his or her share of financial responsibility under the Incentive Model. In the event HCP fails to pay his or her share of any financial responsibility, MPP may, in addition to such other rights and remedies that may exist under the law or this Agreement, offset future payments to HCP under (a) the Payor Contract to which the Incentive Model relates, (b) any other Payor Contract, (c) any distribution under any other Incentive Model; or (d) otherwise.
Sample 1
Risk and Incentive Program Sharing. HCP agrees that, with respect to Risk Products and incentive programs associated with Non-Risk Products, MPHO may establish risk sharing methodologies and allocations of surpluses and deficits (collectively, the “Incentive Model”) aside from, and/or in addition to, whatever risk sharing or incentive arrangement has been agreed upon in the applicable Payor Contract. MPHO Board of Trustees shall approve any Incentive Model. HCP agrees to accept his or her distribution under the Incentive Model as payment in full and shall not look to MPHO or any other party for payment. HCP further agrees to accept his or her share of financial responsibility under the Incentive Model. In the event HCP fails to pay his or her share of any financial responsibility, MPHO may, in addition to such other rights and remedies that may exist under the law or this Agreement, offset future payments to HCP under
Sample 1
Risk and Incentive Program Sharing. Physician agrees that, with respect to Risk Products and incentive programs associated with Non-Risk Products, MPP may establish risk sharing methodologies and allocations of surpluses and deficits (collectively, the “Incentive Model”) aside from, and/or in addition to, whatever risk sharing or incentive arrangement has been agreed upon in the applicable Payor Contract. MPP Board of Trustees shall approve any Incentive Model. Physician agrees to accept his or her distribution under the Incentive Model as payment in full and shall not look to MPP or any other party for payment. Physician further agrees to accept his or her share of financial responsibility under the Incentive Model. In the event Physician fails to pay his or her share of any financial responsibility, MPP may, in addition to such other rights and remedies that may exist under the law or this Agreement, offset future payments to Physician under
Sample 1

Related to Risk and Incentive Program Sharing

  • Educational Incentive Program 15.2.1 A regular monthly classified unit member covered by this Agreement shall be granted a one-step increase (up to a step maximum of step G for Office/Technical unit members) on the first (1st) of the month following verification of satisfactory completion (grade of “C” or above) of twelve (12) semester units of credit from an accredited institution. Courses must have been enrolled in and credits must have been earned subsequent to the unit member's employment with the District. Official transcripts verifying a grade of “C” or above will be considered proof of satisfactory completion, in addition to the Educational Incentive Program Request for Salary Advancement Form, shall be provided by the eligible unit member and forwarded to the Office of Human Resources. Units of credit obtained prior to promotion must be applied toward step movement within sixty (60) calendar days of effective promotion date. The unit member shall ensure that the Compensation department is aware of these additional credits within this sixty (60) day period.

  • Incentive Program Members who are rated as either Level I, Level II or Level III in every phase of the Physical Fitness Test are eligible to participate in the Incentive Program.

  • Sick Leave Incentive Program MSUAASF and Minnesota State may develop a sick leave incentive program through the establishment of a joint committee.

  • RETIREMENT INCENTIVE PROGRAM A. A Retirement Incentive Program will be provided by the District based upon the conditions stipulated below:

  • Attendance Incentive Program In January of the year following any year in which a minimum of sixty (60) days of leave for illness or injury is accrued, and each January thereafter, any eligible employee may exercise an option to receive remuneration for unused leave for illness or injury accumulated in the previous year at a rate equal to one (1) day of monetary compensation of the employee for each four (4) full days of accrued leave for illness or injury in excess of sixty (60) days. Leave for illness or injury for which compensation has been received shall be deducted from accrued leave for illness or injury at the rate of four (4) days for every one (1) day of monetary compensation; provided, however, no employee shall receive compensation under this section for any portion of leave for illness or injury accumulated at a rate in excess of one (1) day per month. At the time of separation from school district employment due to retirement or death an eligible employee or the employee's estate shall receive remuneration at a rate equal to one (1) day of current monetary compensation of the employee for each four (4) full days accrued leave for illness or injury. The provisions of this section shall be administered in accordance with state law and applicable state rules and regulations. Should the legislature revoke any benefits granted under this section, no affected employee shall be entitled thereafter to receive such benefits as matter of contractual right.

  • Educational Incentive Pay Effective January 1, 2022, the current Education Incentive Differential (EID) rates from the pre-existing salary schedules shall be eliminated and, in their place, the following Educational Incentive Pay program will be applied. The salary schedules contained in Addendum B reflect the new Educational Incentive pay allowances. Upon successful completion of field training and promotion to the rank of Police Officer, an officer who has received or obtains one of the degrees set forth below from an accredited college or university shall receive an annual incentive allowance added to their hourly rate, as follows: • $1,500 for associate’s degree ($0.723/hour) • $3,000 for bachelor’s degree ($1.446/hour) • $4,500 for master’s degree and above ($2.169/hour) Educational incentives are not cumulative, but rather the employee will be entitled to the highest incentive based on the degree(s) obtained. In the event an employee obtains a new or higher degree during employment, the employee will submit to the Department proof of degree attainment. Upon verification and approval by the Department, within thirty (30) days of submission, the employee’s pay will be adjusted effective on the first day of the pay period following the date of submission by the employee. Any current employee with an EID classification will be adjusted to the non-EID rate, but will receive the annual incentive allowance as part of their hourly rate, spread over twenty-six (26) pay periods. The hourly rate will be calculated by dividing the annual educational incentive by 2,074 hours. Educational incentive pay will be included in the regular rate for overtime purposes. In addition, it will be counted as part of the employee’s annual salary for pension purposes, consistent with the prevailing Fire & Police Employees Retirement System regulations, and reflected on the salary schedules.

  • EDUCATIONAL INCENTIVES As part of the District’s commitment to enhance the knowledge, skills, abilities and opportunities for promotion of its classified employees, the District offers the following programs:

  • Educational Incentive For those employees receiving educational incentive payment at the time of layoff, upon re-employment, such employees shall be eligible to receive educational incentive.

  • Incentive Compensation During the Term, the Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Compensation Committee from time to time. The Executive’s initial target annual incentive compensation shall be 40 percent of his Base Salary (the “Target Annual Incentive Compensation”). Except as otherwise provided herein, to earn incentive compensation, the Executive must be employed by the Company on the day such incentive compensation is paid.

  • SICK LEAVE PROGRAM An employee may be eligible to receive donations of paid leave to be included in the employee's sick leave balance if s/he has suffered a catastrophic illness or injury which prevents the employee from being able to work or from being able to work his/her regularly scheduled number of hours. Catastrophic illness or injury is defined as a critical medical condition considered to be terminal, or a long-term major physical impairment or disability.

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