ALTERNATIVE PAYMENTS COMMITTEE Sample Clauses

ALTERNATIVE PAYMENTS COMMITTEE. 4.1 The Alternative Payments Committee will continue under this Agreement until the date on which it completes the implementation of the adjustments to Service Contract Ranges and Salary Agreement Ranges contemplated by the Consensus Decisions of the Alternative Payments Committee dated December 9, 2010 and May 22, 2014. 4.2 The membership of the Alternative Payments Committee will be composed of three members appointed by the Doctors of BC and three members appointed by the Government. 4.3 The Alternative Payments Committee will be co-chaired by one member chosen by the Doctors of BC appointees to the Alternative Payments Committee and one member chosen by the Government appointees to the Alternative Payments Committee.
Sample 1
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ALTERNATIVE PAYMENTS COMMITTEE. 4.1 The Alternative Payments Committee will continue under this Agreement until the earlier of the date on which it fulfills all of its responsibilities referred to in section 4.5 and September 30, 2013. 4.2 The membership of the Alternative Payments Committee will be composed of three members appointed by the BCMA and three members appointed by the Government. 4.3 The Alternative Payments Committee will be co-chaired by one member chosen by the BCMA appointees to the Alternative Payments Committee and one member chosen by the Government appointees to the Alternative Payments Committee. 4.4 Decisions of the Alternative Payments Committee will be by consensus decision. 4.5 The Alternative Payments Committee will: (a) complete the implementation of the adjustments to Service Contract Ranges and Salary Agreement Ranges contemplated by the Consensus Decision of the Alternative Payments Committee dated December 9, 2010; (b) within the funding identified in section 1.1(c) of Appendix F of the 2012 Physician Master Agreement, determining changes to the Service Contract Ranges and Salary Agreement Ranges in response to physician recruitment and retention challenges; (c) subject to section 4.10, within the funding identified in section 1.2(b) of Appendix F of the 2012 Physician Master Agreement, determining changes to the Service Contract Ranges and Salary Agreement Ranges in response to physician recruitment and retention challenges; (d) in accordance with section 4.6: (i) develop an integrated approach to the pricing of a Service Contract within the appropriate Service Contract Range which may include among other things:
Sample 1
ALTERNATIVE PAYMENTS COMMITTEE. (a) The Alternative Payments Working Committee will be renamed the Alternative Payments Committee (the “APC”). (b) The APC will be advisory to the Government, the BCMA and the Health Authorities except where specific issues are referred to it for a decision by this Agreement, the Physician Master Agreement, the Physician Master Subsidiary Agreements or any subsequent agreement of the parties. (c) The membership of the APC will be reconstituted such that the BCMA, the Government and the Health Authorities will each appoint three members. (d) If the APC cannot reach a consensus decision on any matter that it is required to determine, the Government and/or the BCMA may make recommendations to the Commission regarding such matter and the Commission, or its successor, will determine the matter.
Sample 1
ALTERNATIVE PAYMENTS COMMITTEE. 4.1 The Alternative Payments Committee will continue under this Agreement and will be advisory to the Government and the BCMA, and may, by agreement of the Government and the BCMA, have specific issues referred to it for a decision. 4.2 The membership of the Alternative Payments Committee will continue as provided in the LOA until the Alternative Payments Committee has determined the changes to be made to the Salary Agreement Ranges and the Service Contract Ranges as contemplated in section 4.6(f), after which the Alternative Payments Committee will be composed of three members appointed by the BCMA and three members appointed by the Government. 4.3 The Alternative Payments Committee will be co-chaired by one member chosen by the BCMA appointees to the Alternative Payments Committee and one member chosen by the Government appointees to the Alternative Payments Committee. 4.4 Decisions of the Alternative Payments Committee will be by consensus decision. 4.5 If the Alternative Payments Committee cannot reach a consensus decision on any matter that it is required to determine under section 4.6(f), the Government and/or the BCMA may make recommendations to the MSC regarding such matter and the MSC, or its successor, will determine the matter. If the Alternative Payments Committee cannot reach a consensus decision on recommendations it is required to make under section 4.6(c), (d), (e) and (g), members of the Alternative Payments Committee may make more than one set of recommendations to the Physician Services Committee. 4.6 The responsibilities of the Alternative Payments Committee include: (a) collection and analysis of data on patient benefits resulting from the use of Alternative Payment Arrangements; (b) collection and analysis of data on the productivity of Alternative Payment Arrangements in comparison to other payment models; (c) recommending a model to determine total compensation relativity between the different payment models; (d) recommending standards and criteria for assessing any proposed change in mode of practice; (e) in collaboration with the relevant Physician Sections, the development and recommendation of workload models for Physicians providing Physician Services on Alternative Payment Arrangements (not including workload models for emergency medicine); (f) within the funding identified in sections 1.1(e) and 1.2(b) of Appendix F of the Physician Master Agreement, determining changes to the Service Contract Ranges (other than for the Emerg...
Sample 1

Related to ALTERNATIVE PAYMENTS COMMITTEE

  • 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 Discretionary Bonus Effective as of the Effective Date, the Executive will be eligible to earn an annual performance bonus of up to 40% of the Executive’s Base Salary (the “Target Bonus”), based upon the Board’s assessment of the Executive’s performance and the Company’s attainment of targeted goals as set by the Board in its sole discretion. To the extent the Executive’s Base Salary and/or target bonus percentage of Base Salary is changed during the year to which the performance bonus relates, the Target Bonus shall be calculated based on base salary actually paid during such year (and not solely on the Executive’s Base Salary at the end of such year) and shall apply the initial target bonus percentage of Base Salary and the revised target bonus percentage of Base Salary based on the portion of the year during which each was in effect. The Board may determine to provide the bonus in the form of cash, equity award(s), or a combination of cash and equity. Following the close of each calendar year, the Board will determine whether the Executive has earned a performance bonus, and the amount of any performance bonus, based on the set criteria. No amount of the annual bonus is guaranteed, and the Executive must be an employee in good standing on the date of payment in order to be eligible for any annual bonus, except as specifically set forth below. The annual performance bonus, if earned, will be paid by no later than March 15 of the calendar year after the year to which it relates. The Executive’s bonus eligibility will be reviewed on an annual or more frequent basis by the Board and is subject to change in the discretion of the Board.

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 11.3.2 An employer may opt to pay the early retirement incentive in three equal annual payments over a thirty-six (36) month period. 11.3.3 Eligible bargaining unit members may opt for a partial early retirement with a pro- rated incentive.

  • Discretionary Bonus The Executive shall be entitled to participate in an equitable manner with all other senior management employees of the Bank in discretionary bonuses that may be authorized and declared by the Board of Directors to its senior management executives from time to time. No other compensation provided for in this Agreement shall be deemed a substitute for the Executive's right to participate in such discretionary bonuses when and as declared by the Board.

  • Discretionary Bonuses The Employee shall participate in an equitable manner with all other senior management employees of the Bank in discretionary bonuses that the Board may award from time to time to the Bank’s senior management employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee’s right to participate in such discretionary bonuses.

  • Incentive Payments The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then (a) Members who are rated at Level II in all phases of the PFT will receive three hundred dollars ($300.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (2) For any calendar year in which fifty percent (50%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then: (a) Members who are rated at Level II in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive nine hundred dollars ($900.00) in a one-time lump sum payment. (3) All lump sum payments referenced herein will be paid in February of the following year.

  • Discretionary Sales The Borrower shall be permitted to sell Loans (each, a “Discretionary Sale”) subject to the following conditions: (i) no Collateral Manager Default or Event of Default has occurred and is continuing and, immediately after giving effect to such Discretionary Sale, no Collateral Manager Default, Default or Event of Default shall have occurred; (ii) immediately after giving effect to such Discretionary Sale, the Required Advance Reduction Amount shall be (x) zero or (y) subject to the prior consent of the Administrative Agent (in its sole discretion), an amount less than the Required Advance Reduction Amount immediately prior to giving effect to such Discretionary Sale; (iii) the Borrower shall have delivered a Borrowing Base Certificate to the Administrative Agent; (iv) such Discretionary Sale shall be made by the Collateral Manager, on behalf of the Borrower, to an unaffiliated third party purchaser in a transaction (i) reflecting arms-length market terms and (ii) in which the Borrower makes no representations, warranties or covenants and provides no indemnification for the benefit of any other party to the Discretionary Sale (other than that the Borrower has good title thereto, free and clear of all Liens and has the right to sell the related Loan), provided that the Borrower may make a Discretionary Sale to (A) an Affiliate of the Borrower with the prior written consent of the Administrative Agent in its sole discretion or (B) to the Seller pursuant to any exercise of the Seller’s mandatory repurchase obligation under Section 7.1 of the Sale Agreement; (v) on the related Discretionary Sale Date, the Administrative Agent, each Lender and the Collateral Custodian, as applicable, shall have received, as applicable, in immediately available funds, an amount equal to the sum of (a) an amount sufficient to reduce the Advances Outstanding such that, after giving effect to the transfer of the Loans that are the subject of such Discretionary Sale, the Required Advance Reduction Amount will be equal to zero plus (b) an amount equal to all unpaid Interest then due and owing to the extent reasonably determined by the Administrative Agent and the Lenders to be attributable to that portion of the Advances Outstanding to be repaid in connection with the Discretionary Sale plus (c) an aggregate amount equal to the sum of all other Obligations then due and owing to the Administrative Agent, each applicable Lender, the Affected Parties and the Indemnified Parties, as applicable, under this Agreement and the other Transaction Documents (or such lesser amount as consented to by the Administrative Agent pursuant to clause (ii) above); (vi) on the related Discretionary Sale Date, the proceeds (net of (x) amounts payable pursuant to Section 2.14(v) and (y) transactional expenses) from such Discretionary Sale shall be sent directly to the Collection Account; and (vii) the aggregate OLB of all Loans which are sold by the Borrower in connection with a Discretionary Sale during any 12-month rolling period shall not exceed 30% of the highest Aggregate OLB at any point during such 12-month period (or such lesser number of months as shall have elapsed from the Closing Date as of such date); provided that, (a) any Discretionary Sale may be excluded from such 30% limitation with the prior written consent of the Administrative Agent and (b) any Discretionary Sale made pursuant to clause (B) or (C) of Section 2.14(iv) shall be excluded from such 30% limitation; provided, further, that the Borrower may make Discretionary Sales of Loans exceeding such 30% limitation if (x) all proceeds from such Discretionary Sales are applied pursuant to Section 2.3(b) to reduce Advances Outstanding and (y) the Facility Amount is concurrently reduced pursuant to Section 2.3(a) by an amount equal to the proceeds of such Discretionary Sales.

  • Negotiated Funding Amount, Board Contributions 4.1.1 Each Board shall pay an amount equal to 1/12th of the annual negotiated funding amount as described in 4.1.3 to the Trustees of the OECTA ELHT by the last day of each month from and after the Board’s Participation Date.

  • 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.

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