A Special Absenteeism Incentive Day Sample Clauses

A Special Absenteeism Incentive Day. An employee receiving a Special Absenteeism Incentive Day shall earn one eight-hour day off with pay. Such day off must be rolled into his/her vacation as follows: Any special incentive days earned in Trimester 1, 2007 or Trimester 2, 2007 shall be picked as vacation days during the annual vacation pick in the fall of 2007 to be taken in fiscal year 2008 in accordance with Sanitation Section vacation procedures. Any special incentive days earned in Trimester 3, 2007, Trimester 1, 2008, or Trimester 2, 2008, shall be picked as vacation days during the annual vacation pick in the fall of 2008 to be taken in fiscal year 2009 in accordance with the Sanitation Section vacation procedures and a special incentive day earned in Trimester 3, 2008, Trimester 1, 2009, or Trimester 2, 2009, shall be picked as a vacation day during the annual vacation pick in the fall of 2009 to be taken in fiscal 2010 in accordance with the Sanitation Section vacation procedures. Any special incentive days earned in Trimester 3, 2009, shall be picked as a vacation day during the annual vacation pick in fall of 2010 to be taken in fiscal year 2011 in accordance with the Sanitation Section vacation procedures. For purposes of this Section, fiscal year shall be defined as "Pay Periods 1-26 or 1-27, whichever is appropriate".
Sample 1
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A Special Absenteeism Incentive Day. An employee receiving a Special Absenteeism Incentive Day shall earn one eight-hour day off with pay. Such day off must be rolled into his/her vacation as follows: Any special incentive days earned in Trimester 1, 2010 or Trimester 2, 2010 shall be picked as vacation days during the annual vacation pick in the fall of 2010 to be taken in fiscal year 2011 in accordance with Sanitation Section vacation procedures. Any special incentive days earned in Trimester 3, 2010, Trimester 1, 2011, or Trimester 2, 2011, shall be picked as vacation days during the annual vacation pick in the fall of 2011 to be taken in fiscal year 2012 in accordance with the Sanitation Section vacation procedures and a special incentive day earned in Trimester 3, 2011, shall be picked as a vacation day during the annual vacation pick in the fall of 2012 to be taken in fiscal 2013 in accordance with the Sanitation Section vacation procedures. For purposes of this Section, fiscal year shall be defined as "Pay Periods 1-26 or 1-27, whichever is appropriate".
Sample 1

Related to A Special Absenteeism Incentive Day

  • Long-Term Incentive Award During the Term, Executive shall be eligible to participate in the Company’s long-term incentive plan, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

  • Annual Incentive Bonus The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.

  • Annual Incentive Payment The Executive shall participate in the Company's Management Incentive Plan (or such alternative, successor, or replacement plan or program in which the Company's principal operating executives, other than the Chief Executive Officer, generally participate) and shall have a targeted incentive thereunder of not less than $240,000 per year; provided, however, that the Executive's actual incentive payment for any year shall be measured by the Company's performance against goals established for that year and that such performance may produce an incentive payment ranging from none to 200% of the targeted amount. The Executive's incentive payment for any year will be appropriately pro-rated to reflect a partial year of employment.

  • Annual Bonus Opportunity Your annual target bonus opportunity following the Effective Date will be 50% of your annual base salary (the “Target Bonus”). The Target Bonus shall be subject to review and may be adjusted based upon the Company’s normal performance review practices. Your actual bonuses shall be based upon achievement of performance objectives to be determined by the Board in its sole and absolute discretion. Bonuses will be paid as soon as practicable after the Board determines that such bonuses have been earned, but in no event will a bonus be paid to you after the later of (i) the fifteenth (15th) day of the third (3rd) month following the close of the Company’s fiscal year in which such bonus is earned or (ii) March 15 following the calendar year in which such bonus is earned.

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • Annual Incentive The Employee shall be entitled to receive a percentage of the Employee's Target Incentive for the calendar year in which such termination occurs. Such percentage shall equal a fraction, the numerator of which shall be the number of days in such calendar year up to and including the date of such termination and the denominator of which shall be the number of days in such calendar year. Such amount shall be payable according to the normal practice of the Company with respect to the payment of bonuses.

  • Short-Term Incentive Compensation In addition to the foregoing Base Salary, the Executive shall be eligible during the Term to receive cash short-term incentive compensation, determined and payable in the discretion of the Compensation Committee of the Board. At least annually, the Compensation Committee shall consider awarding short-term incentive compensation to the Executive.

  • Bonus Amount For purposes of this Agreement, "Bonus Amount" shall mean the greater of (a) the target annual bonus payable to the Executive under the Incentive Plan in respect of the fiscal year during which the Termination Date occurs or (b) the highest annual bonus paid or payable under the Incentive Plan in respect of any of the three full fiscal years ended prior to the Termination Date or, if greater, the three (3) full fiscal years ended prior to the Change in Control.

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