Arrival Performance Incentive/Disincentive Sample Clauses

Arrival Performance Incentive/Disincentive. DHL will pay to ABX as provided herein a financial incentive bonus (the “Monthly Incentive Bonus”) for achieving an Arrival Performance greater than or equal to [*] ([*]%) during such month. Alternatively, ABX will provide DHL with a credit as provided herein (the “Monthly Disincentive Credit”) against amounts owed by DHL to ABX hereunder as a financial disincentive for achieving an Arrival Performance less than [*] ([*]%) during such month. The Monthly Incentive Bonus and the Monthly Disincentive Credit to which ABX may be entitled or subject to each month, are set forth in the table below, and such amounts will be subject to escalation in the amount of [*] ([*]) on April 1st of each year, beginning April 1, 2016. For the avoidance of doubt, payment to ABX of a Monthly Incentive Bonus or Monthly Disincentive Credit shall not cure an ABX Event of Default under Section 16.1(a).
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Arrival Performance Incentive/Disincentive. This Section 4 will not apply for Blocked Space Services or any Aircraft designated as a Network Spare unless the Network Spare is operating as a Spare Aircraft for a flight under the Flight Schedule.
Arrival Performance Incentive/Disincentive. 4.1. Amazon will pay to Airborne Global a monthly financial incentive bonus (the “Monthly Incentive Bonus”) for achieving an Arrival Performance (as defined in the following paragraph) greater than or equal to [*]% during such month. Alternatively, Airborne Global will provide Amazon with a credit (the “Monthly Disincentive Credit”) against amounts owed by Amazon to Airborne Global hereunder as a financial disincentive for achieving an Arrival Performance less than [*]% during such month. The Monthly Incentive Bonus and the Monthly Disincentive Credit to which Airborne Global may be entitled or subject to each month, are set forth in the table below. For clarity, payment to Airborne Global of a Monthly Incentive Bonus or Monthly Disincentive Credit will not cure an Airborne Global or Carrier Event of Default.
Arrival Performance Incentive/Disincentive. 4.1. Amazon will pay to Sun Country a monthly financial incentive bonus (the “Monthly Incentive Bonus”) for achieving an Arrival Performance (as defined in the following paragraph) during such month: (a) greater than or equal to [***] during the period described in subsection (i) below; or (b) greater than [***] during the period described in subsection (ii) below. Alternatively, Sun Country will provide Amazon with a credit (the “Monthly Disincentive Credit”) against amounts owed by Amazon to Sun Country hereunder as a financial disincentive for achieving an Arrival Performance during such month (x) less than [***] during the period described in subsection (i) below; or (y) less than or equal to [***] during the period described in subsection (ii) below. The Monthly Incentive Bonus and the Monthly Disincentive Credit to which Sun Country may be entitled or subject to each month are set forth in the applicable Arrival Performance Incentive Disincentive Table listed below and will be reflected by Sun Country on the Monthly Invoice provided in accordance with Exhibit D for the calendar month in which the incentive or credit has been calculated.

Related to Arrival Performance Incentive/Disincentive

  • 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.

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

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