Bonus During Peak Months Sample Clauses
The 'Bonus During Peak Months' clause establishes the conditions under which employees are eligible to receive additional compensation during periods of heightened business activity. Typically, this clause outlines which months are considered peak, the criteria for earning the bonus—such as meeting certain performance targets or working a minimum number of hours—and the method of calculating the bonus amount. Its core function is to incentivize employees to maintain high productivity and ensure adequate staffing during the busiest times of the year, thereby helping the business meet increased demand.
Bonus During Peak Months. For a Peak Month, Seller shall receive a Capacity Bonus Payment if (i) the requirements set forth in Section 8.1.2.2 have been met, and (ii) the on-peak capacity factor exceeds 85%.
Bonus During Peak Months. For a Peak Month, the Seller will receive a bonus if 1) The Performance Requirements of Section 6.1 have been met; and 2) The on-peak capacity factor exceeds 85%. * Only by mutual consent can the kilowatthours used in this Period Performance Factor calculation be delivered to Edison at a rate of delivery greater than the Contract Capacity.
