Incentive Compensation Program. In order to enhance consistency in sales efforts for products offered inside and outside of the Exchange, Contractor shall consider information provided by the Exchange regarding sales commissions in order to credit the agent’s sale of Certified QHPs through SHOP to the agent’s sale of Contractor’s policies outside the Exchange for purposes of determining agent’s aggregate sales that shall be used by Contractor to determine incentive or other compensation payable by Contractor to agent. Contractor shall provide information as may reasonably be required by the Exchange from time to time to monitor Contractor’s compliance with the requirements set forth in this section.
Incentive Compensation Program. The Bank of New York Mellon Corporation (“BNYM”) has adopted an incentive compensation program designed (i) to facilitate clients gaining access to and being provided with explanations about the full range of products and services offered by BNYM and its subsidiaries and (ii) to expand and develop client relationships. This program may lead to the payment of referral fees and/or bonuses to employees of BNYM or its subsidiaries who may have been involved in a referral that resulted in the execution of obtaining of products or services by Client covered by this Agreement or which may be ancillary or supplemental to such products or services. Any such referral fees or bonuses are funded solely out of fees and commissions paid by Client under this Agreement or with respect to such ancillary or supplemental products or services. [The remainder of this page has been intentionally left blank. Signature page follows.]
Incentive Compensation Program. During Executive’s employment with the Company, Executive shall be entitled to participate in such incentive compensation programs as are from time to time established and approved by the Board in accordance with the Company’s practice for similarly situated employees.
Incentive Compensation Program. In order to enhance consistency in sales efforts for products offered inside and outside of Covered California, Contractor shall consider information provided by Covered California regarding sales commissions in order to credit the Agent’s sale of QDPs through Covered California for Small Business to the Agent’s sale of Contractor’s policies outside Covered California for purposes of determining Agent’s aggregate sales that shall be used by Contractor to determine incentive or other compensation payable by Contractor to Agent. Contractor shall provide information as may reasonably be required by Covered California from time to time to monitor Contractor’s compliance with the requirements set forth in this section.
Incentive Compensation Program. In order to enhance consistency in sales efforts for products offered inside and outside of Covered California, Contractor shall add the Agent’s sale of Contractor’s QHPs through Covered California to the Agent’s sale of Contractor’s individual policies outside Covered California to determine Agent’s aggregate sales that are used by Contractor to determine incentive or other compensation payable by Contractor to Agent, to the extent such aggregation is necessary to determine Agent compensation under Contractor’s applicable Agent agreement or compensation program. Contractor shall not change the Agent commission structure or rates during the Plan Year. Contractor must pay the same commission during the Open and Special Enrollment Periods for each Plan Year. Contractor shall not vary Agent commission levels by metal tier. Contractor shall approve and pay Agent commissions on all new Agent-of-record and change of Agent-of-record delegations as outlined in contract Sections 3.3.1 (f) and 3.3.1 (g). Contractor shall provide information as may reasonably be required by Covered California from time to time to monitor Contractor’s compliance with the requirements set forth in this Section. Contractor’s standard Agent compensation and incentive compensation programs or provisions of its Agent agreements entered into or in effect prior to January 1, 2014 shall not be subject to the requirements of this Section.
Incentive Compensation Program. In order to enhance consistency in sales efforts for products offered inside and outside of Covered California, Contractor shall add the Agent’s sale of Contractor’s QDPs through Covered California to the Agent’s sale of Contractor’s policies outside Covered California to determine Agent’s aggregate sales that are used by Contractor to determine incentive or other compensation payable by Contractor to Agent. Contractor shall not change the Agent commission structure or rates during the plan year. Contractor will pay the same commission during Open and Special Enrollment for each plan year. Contractor shall pay Agents based on the total amount of monthly premium. Contractor shall approve and pay Agent commissions on all new Agent-of-record and change of Agent-of-record delegations as outlined in contract Sections 2.2.5(f) and 2.2.5(g). Contractor shall provide information as may reasonably be required by Covered California from time to time to monitor Contractor’s compliance with the requirements set forth in this section.
Incentive Compensation Program. The Bank of New York Mellon Corporation ("BNYM") has adopted an incentive compensation program designed (i) to facilitate clients gaining access to and being provided with explanations about the full range of products and services offered by BNYM and its subsidiaries and (ii) to expand and develop client relationships. This program may lead to the payment of referral fees and/or bonuses to employees of BNYM or its subsidiaries who may have been involved in a referral that resulted in the execution of obtaining of products or services by Client covered by this Agreement or which may be ancillary or supplemental to such products or services. Any such referral fees or bonuses are funded solely out of fees and commissions paid by Client under this Agreement or with respect to such ancillary or supplemental products or services.
Incentive Compensation Program. In order to enhance consistency in sales efforts for products offered inside and outside of the Exchange, Contractor shall add the Agent’s sale of Contractor’s QDPs through the Exchange to the Agent’s sale of Contractor’s policies outside the Exchange to determine Agent’s aggregate sales that are used by Contractor to determine incentive or other compensation payable by Contractor to Agent. Contractor shall not change the Agent commission structure or rates during the plan year. Contractor will pay the same commission during Open and Special Enrollment for each plan year. Contractor shall pay Agents based on the total amount of monthly premium. Contractor shall approve and pay Agent commissions on all new Agent-of-record and change of Agent- of-record delegations as outlined in contract Sections 2.2.5(f) and 2.2.5(g). Contractor shall provide information as may reasonably be required by the Exchange from time to time to monitor Contractor’s compliance with the requirements set forth in this section.
Incentive Compensation Program. In order to enhance consistency in sales efforts for products offered inside and outside of the Exchange, Contractor shall add the Agent’s sale of Contractor’s QHPs through the Exchange to the Agent’s sale of Contractor’s individual policies outside the Exchange to determine Agent’s aggregate sales that are used by Contractor to determine incentive or other compensation payable by Contractor to Agent, to the extent such aggregation is necessary to determine Agent compensation under Contractor’s applicable Agent agreement or compensation program. Contractor shall not change the Agent commission structure or rates during the Plan Year. Contractor must pay the same commission during the Open and Special Enrollment Periods for each Plan Year. Contractor shall not vary Agent commission levels by metal tier. Contractor shall approve and pay Agent commissions on all new Agent-of-record and change of Agent-of-record delegations as outlined in contract sections 2.2.6 (f) and 2.2.6 (g). Contractor shall provide information as may reasonably be required by the Exchange from time to time to monitor Contractor’s compliance with the requirements set forth in this Section. Contractor’s standard Agent compensation and incentive compensation programs entered into or in effect prior to January 1, 2014 shall not be subject to the requirements of this Section.
Incentive Compensation Program. During the Term, Executive shall be eligible for an annual discretionary performance-based bonus with a target bonus of 100% of base salary, and based upon the actual performance of the Company in relation to projected EBITDA milestones, other tangible financial metrics, and management bonus objectives to be established by the Compensation Committee of the Board of Directors (the “Compensation Committee”) after consultation with the Chairman of the Board. Any bonus payable as a performance bonus shall be in the amount and paid in the manner, as determined by the Compensation Committee or the Board of Directors in its sole discretion. Any such bonus payable shall be paid within fifteen (15) days of the delivery of the Company annual audit but in any event by the end of the calendar year after the calendar year to which the performance relates. Executive shall not be entitled to any bonus for the calendar year in which Executive's employment with the Company is terminated for any reason, except as provided in Sections 4.1 and 4.4.
