Calculation of Earned Success Payments. As part of each Evaluation Report, the Independent Evaluator will undertake the process described in Appendix E to calculate Earned Success Payments based on achievement of certain Performance Measures. If a Significant Policy Change has occurred, the Independent Evaluator will determine the amount of Earned Success Payments by applying a Discontinuous Growth Model as further described in Appendix E. The Parties, with the assistance of the Project Manager, shall keep record of Earned Success Payments, but Earned Success Payments are only to be paid from the PFS Escrow Fund, in accordance with the terms of Section 4.05. When calculating Earned Success Payments, the Independent Evaluator is entitled to rely on the formulas and procedures of Appendix E, which the Parties have reviewed and approved.
Calculation of Earned Success Payments. The Project Manager will immediately notify (by electronic mail) the Independent Evaluator and the Independent Evaluator will thereafter proceed to prepare a Final Evaluation Report (due within 90 days or 120 days (pursuant to Section 6.08(c)) after the occurrence of an Automatic Termination Event or a determination of the Executive Committee and applicable consenting Funders to terminate a Project or the PFS Contract) in order to determine Earned Success Payments accrued to date for all Performance Measures based on prior and the most recent Evaluation Report and other available, reliable data, for all Clients, including those still being observed at the time of termination. For purposes of clarification only, this means that if a Client has only been observed for one year of a four-year observation period, the Independent Evaluator will calculate the success of the Client for the one year of observation.
