CNA Incentive Sample Clauses

CNA Incentive. Upon the signing of this Agreement, the Commission enjoins to give a CNA Incentive amounting to but not less than One Hundred Thousand Pesos (P100, 000) in recognition of the joint effort of both the management and the rank and file to attain effective and efficient accomplishments of performance targets at a lesser cost through cost-cutting measures and systems of improvement.
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CNA Incentive. The MANAGEMENT, pursuant to Administrative Order No. 253 [21 December 2011] and DBM Budget Circular No. 2012-4 [17 December 2012], shall grant CNA incentive in recognition of the efforts of labor and management to achieve all plan targets, programs and services approved in the agency’s budget at lesser cost and shall release the same to all covered employees in the Collective Negotiation Unit. The CNA Incentive shall be sourced from the agency’s savings from released allotments for MOOE for the current fiscal year. Such savings are limited only to the following MOOE items:

Related to CNA Incentive

  • Performance Incentive 4.9.1 If the Seller delivers Coal to the Purchaser in excess of ninety percent (90%) of the ACQ in a particular Year, the Purchaser shall pay the Seller an incentive (“Performance Incentive”/ “PI”), to be determined as follows: PI = P x Additional Deliveries x Multiplier Where: PI = The Performance Incentive payable by the Purchaser to the Seller P = The Base Price of Highest Grade, as shown in Schedule II Additional Deliveries = Quantity [in tonnes] of Coal delivered by the Seller in the relevant Year in excess of 90% of the ACQ. Multiplier shall be 0.15 for Additional Deliveries between 90%-95% of ACQ and 0.30 for Additional Deliveries in excess of 95% of ACQ.

  • Incentive Program Members who are rated as either Level I, Level II or Level III in every phase of the Physical Fitness Test are eligible to participate in the Incentive Program.

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