BONUS AND INCENTIVE AWARDS Sample Clauses

BONUS AND INCENTIVE AWARDS. The University shall have the sole, non-grievable right to establish, continue, modify or abolish campus/hospital/laboratory incentive award programs.
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BONUS AND INCENTIVE AWARDS. The University shall have the sole non-grievable right to establish, continue, modify or abolish campus/hospital/laboratory incentive award programs. Attachment K Side letter re performance reviews Information Addendum The information listed below is intended to provide UPTE with background information. In providing this information, the University does not waive its rights to unilaterally implement those matters that are not subject to bargaining under XXXXX, FLSA or other statue or by virtue of contractually confirmed rights. The University is willing to change the title code series 8938, 8939,and 8940 of "Clinical Lab Technologist" to "Clinical Lab Scientist". In accordance with the provisions of Article 1, Section D.1., UCSF, plans to establish a new title in the HX bargaining unit, Per Diem Recreational Therapist at rate of $26.40 per hour. UCSF plans to establish the hourly rate for per diem Clinical Laboratory Technologist (title code #8956) at $35.00. UCDMC plans to convert the overtime designation of the Cytotechnologist and Senior Cytotechnologist titles (title codes #8955 and 8954) from exempt to non-exempt. Extend Per Diem Senior Cytotechnologist title to Xxxxx campus at a rate of $40 per hour.
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BONUS AND INCENTIVE AWARDS. The program that was formerly known as the Incentive Award Program (IAP), has been abolished at all campus locations and the 0.5% funding of this program has been rolled into the general increase identified in Appendix A and Sections A
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BONUS AND INCENTIVE AWARDS. (a) CASH INCENTIVE BONUS. In calendar year 2023 and thereafter for each full calendar year during the Term, the Executive will be eligible to receive a cash incentive bonus (the “Cash Incentive Bonus”) as determined in the sole discretion of the Compensation Committee based on its assessment of the level of accomplishment of personal, management, or performance objectives established by the Compensation Committee on an annual basis. The targeted Cash Incentive Bonus is 60% to 175% of the Base Salary.
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Related to BONUS AND INCENTIVE AWARDS

  • Annual Incentive Awards The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee. b) The Executive shall be eligible to receive grants under the Company's long-term incentive plans as in effect from time to time; provided, however, that the size, type and other terms and conditions of any such grant to the Executive shall be determined by the Compensation Committee.

  • Recovery of Bonus and Incentive Compensation Any bonus and incentive compensation paid to you during a CPP Covered Period is subject to recovery or “clawback” by the Company if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.

  • Incentive Bonuses After the Company attains profitability, the Employee shall be eligible to be considered for an annual incentive bonus. Such bonus (if any) shall be awarded based on objective or subjective criteria established in advance by the Board or its Compensation Committee. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding. Except as expressly provided in this Agreement, the Employee shall not be entitled to an incentive bonus if he is not employed by the Company on the date when such bonus is payable.

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

  • Equity Incentive Awards The Executive shall be eligible to receive grants of equity-based long-term incentive awards, which may include options to purchase Company stock, performance or restricted stock units and Company restricted stock contributions to Company’s deferred compensation plan, or other equity-based awards. Such awards shall be determined in the discretion of the Board and the Executive shall be eligible for consideration for such awards in the same manner as other senior executive officers of the Company. In the event of a Change of Control in which the surviving or acquiring corporation does not assume the Executive’s outstanding equity-related awards (including options and equity-based awards granted both before and after the Effective Date) or substitute similar equity-related awards of substantially equivalent value, such equity-related awards shall immediately vest and become exercisable if the Executive’s service with the Company has not terminated before the effective date of the Change of Control; provided, however, that the foregoing provision shall only apply if the Company is not the surviving corporation or if shares of the Company’s common stock are converted into or exchanged for other securities or cash.

  • Incentive Bonus During the Term, Employee shall be eligible to receive an incentive bonus up to the amount, based upon the criteria, and payable in such amount, at such times as are specified in Exhibit A attached hereto. The manner of payment, and form of consideration, if any, shall be determined by the Compensation Committee of the Board, in its sole and absolute discretion, and such determination shall be binding and final. To the extent that such bonus is to be determined in light of financial performance during a specified fiscal period and this Agreement commences on a date after the start of such fiscal period, any bonus payable in respect of such fiscal period's results may be prorated. In addition, if the period of Employee's employment hereunder expires before the end of a fiscal period, and if Employee is eligible to receive a bonus at such time (such eligibility being subject to the restrictions set forth in Section 6 below), any bonus payable in respect of such fiscal period's results may be prorated.

  • 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.

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

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