Bonus/Malus Scale Sample Clauses

Bonus/Malus Scale. The cover premium for:  Third party liability;  Impact, collision, overturning, fire, lightning and explosion and breakage of glass;  Theft or robbery and unauthorised use;  Own vehicle protection (impact, collision, overturning, fire, lightning and explosion and breakage of glass);  Replacement value during the first three years – impact, collision, overturning, fire, lightning and explosion and breakage of glass  Replacement value during the first three years - Own vehicle protection  Replacement value during the first three years - theft or robbery and unauthorised use  Temporary deprivation of usage;  Total write-off – Deriving from Impact, collision, overturning, fire, lightning and explosion, theft or robbery and unauthorised use.  Driving accompanied by instructor This shall be adjusted with regard to each annual period in line with the scale indicated below, in accordance with the policy accident experience. New contracts, subject to previous accident experience recorded on an Insurance Track Record or in the National Registration Plate File, shall be subject to tier 0 (zero) of the Bonus /Malus scale. Bonus / Malus table - scale applicable to companies Years without any claims Tier Coefficient No. of Claims in the last Annual period/ Bonus - Malus Coefficient 1 1 0.900 0.800 1.100 1.400 1.900 Case-by-case 2 2 0.800 0.750 1.000 1.200 1.600 Case-by-case 3 3 0.750 0.700 0.900 1.200 1.600 Case-by-case 4 4 0.700 0.675 0.900 1.200 1.600 Case-by-case 5 5 0.675 0.650 0.800 1.100 1.400 Case-by-case 6 6 0.650 0.625 0.800 1.100 1.400 Case-by-case 7 7 0.625 0.600 0.750 1.000 1.200 Case-by-case 8 8 0.600 0.575 0.750 1.000 1.200 Case-by-case 9 9 0.575 0.550 0.700 0.900 1.200 Case-by-case 10 10 0.550 0.525 0.675 0.900 1.100 Case-by-case 11 11 0.525 0.500 0.650 0.800 1.100 Case-by-case 12 12 0.500 0.500 0.625 0.800 1.000 Case-by-case 13 13 0.500 0.500 0.600 0.800 1.000 Case-by-case 14 14 0.500 0.500 0.525 0.800 1.000 Case-by-case Bonus / Malus table - scale applicable to private individuals Years without any claims Tier Coefficient No. of Claims in the last Annual period/ Bonus - Malus Coefficient 0 0 1.000 0.800 1.150 1.350 1.500 5.000 5.000 Case-by-case 1 1 0.800 0.700 1.000 1.150 1.500 2.000 5.000 Case-by-case 2 2 0.700 0.675 0.800 1.000 1.350 1.500 2.000 Case-by-case 3 3 0.675 0.650 0.800 1.000 1.350 1.500 2.000 Case-by-case 4 4 0.650 0.625 0.800 1.000 1.350 1.500 2.000 Case-by-case 5 5 0.625 0.600 0.700 1.000 1.350 1.500 2.000 Case-by-case 6 6 0.60...
Sample 1
AutoNDA by SimpleDocs

Related to Bonus/Malus Scale

  • STATEWIDE ACHIEVEMENT TESTING When CONTRACTOR is an NPS, per implementation of Senate Bill 484, CONTRACTOR shall administer all Statewide assessments within the California Assessment of Student Performance and Progress (“CAASP”), Desired Results Developmental Profile (“DRDP”), California Alternative Assessment (“CAA”), achievement and abilities tests (using LEA-authorized assessment instruments), the Fitness Gram with the exception of the English Language Proficiency Assessments for California (“ELPAC”) to be completed by the LEA, and as appropriate to the student, and mandated by XXX xxxxxxxx to LEA and state and federal guidelines. CONTRACTOR is subject to the alternative accountability system developed pursuant to Education Code section 52052, in the same manner as public schools. Each LEA student placed with CONTRACTOR by the LEA shall be tested by qualified staff of CONTRACTOR in accordance with that accountability program. XXX shall provide test administration training to CONTRACTOR’S qualified staff. CONTRACTOR shall attend LEA test training and comply with completion of all coding requirements as required by XXX.

  • Bonus The Executive shall be eligible for Bonuses determined by the Board.

  • SHIFT BONUS 7:01 A day shift shall be a shift that commences after 4:30 a.m. and at or before 10:00 a.m. on the same day.

  • Sick Leave Incentive Program MSUAASF and Minnesota State may develop a sick leave incentive program through the establishment of a joint committee.

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Program Goals CalHFA MAC envisions that these monies would be used to complement other federal or lender programs designed specifically to stabilize communities by providing assistance to homeowners who have suffered a financial hardship and as a result are no longer financially able to afford their first-lien mortgage loan payments or their Property Expenses when associated with a Federal Housing Administration (“FHA”) Home Equity Conversion Mortgages (“HECM”) loan, only.

  • 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

  • PERFORMANCE PERIOD This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.

  • Bilingual Bonus A seven percent (7%) bilingual bonus will be paid to those employees who in the performance of their duties are required by the Employer to use the second official language on a regular and consistent basis.

  • Performance Incentives Provided that sufficient funds are available from athletics revenue or gifts for the unrestricted use of the Department of Athletics, Athletics Director shall be entitled to receive additional non-salary compensation from the University in the form of the following stated bonuses for increased responsibilities, provided that all varsity sports are in compliance with all Governing Athletics Rules and University Rules, and there are no pending or active NCAA or __________ Conference investigations or major violations of which Athletics Director knew or should have known. [Insert Incentives – See examples below

Time is Money Join Law Insider Premium to draft better contracts faster.