Compensation and Incentives. A. Daily Rate of Pay The daily wage rate for substitutes shall be the greater of either eighty-six and one-half percent (86.5%) of Step B on the BA column of the regular teachers' salary schedule, or ten dollars ($10.00) more than the published Oregon Department of Education final minimum pay rate.
B. Extended Rate of Pay After working ten (10) consecutive days in the same assignment, a substitute will be paid the greater of either the daily rate of a beginning teacher on the BA column of the regular teachers' salary schedule, or ten dollars ($10.00) more than the published Oregon Department of Education final minimum ten-day pay rate. If at the time of posting, it is known that the assignment will last more than ten (10) days, it will be posted and paid at the extended rate starting on the first day. The use of sick leave will not be considered a break in consecutive days.
C. Additional Compensation Substitutes required to work outside of the daily assignment, such as for writing IEPs and other plans or meeting with parents, shall be compensated at the per diem hourly rate (Daily Rate of Pay divided by 7.5).
Compensation and Incentives. As compensation for his services hereunder, Executive shall be paid the following:
Compensation and Incentives. Your starting annual base salary will be $350,000. QTS’s regularly scheduled pay days are currently on the 15th and last day of every month. You also will be eligible to participate in the Company’s incentive compensation plan with a target bonus of 100% of your base salary prorated for any changes to your base salary in 2015. This bonus will be based on your performance and the performance of QTS. This bonus will be paid in March 2016. In addition, you will be eligible to receive a 2016 Long Term Incentive (LTI) grant with a target value of $700,000 based on you your performance. As an exception to normal practice, this LTI will be made in two separate grants your first year. The first grant has a target value of $350,000 and will be made in time-based Restricted Stock Units within ten days of the closing. These shares will vest ratably over four years, 25% vesting each year on the anniversary of the grant date. The second grant also has a target value of $350,000 and will be made in accordance with the Company’s regular issuance schedule for 2016 LTI grants in the same form and terms as other QTS executives, the final design of this portion of your 2016 LTI grant is pending subject to the approval of our compensation committee. Furthermore, you have been selected to participate in an Integration Bonus Plan with a target payout of $200,000. This target value will be granted to you within 10 days of closing in the form of Performance Based Restricted Stock Units (PBRSUs). This award has a one year performance period that begins on the day of closing. Specific objectives will be established with your input by the Integration Steering Committee. The degree to which we collectively achieve these objectives will determine the number of PBRSUs that actually vest, ranging from 0 to 150%. These shares will vest ratably over three years on the anniversary of the grant date and will vest 100% upon (i) your termination of employment by the Company without “Cause”; (ii) your resignation for “Good Reason” and (iii) the occurrence of a “Change in Control”, in each case, as such terms are defined in your employment agreement that was effective as of the closing. Stay tuned for more details about this exciting incentive program. QTS offers a full range of benefits that include company-paid holidays, vacation time, sick leave, etc. You will be eligible to accrue 200 hours of personal time annually. A summary of other benefit offerings is as follows:
Compensation and Incentives. A. Daily Rate of Pay The daily wage rate for substitutes shall be the greater of either eighty-six and one-half percent (86.5%) of Step B on the BA column of the regular teachers' salary schedule, or ten dollars ($10.00) more than the published Oregon Department of Education final minimum pay rate.
B. T en-XxxX xtended Rate of Pay After working ten (10) consecutive days in the same assignment, a substitute will be paid the greater of either the daily rate of a beginning teacher on the BA column of the regular teachers' salary schedule, or ten dollars ($10.00) more than the published Oregon Department of Education final minimum ten-day pay rate. If at the time of posting, it is known that the assignment will last more than ten (10) days, it will be posted and paid at the e xtendedTen-Day rate starting on the first day. The use of sick leave will not be considered a break in consecutive days.
C. Additional Compensation Substitutes required to work outside of the daily assignment, such as for writing IEPs and other plans or meeting with parents, shall be compensated at the per diem hourly rate in Section X x xxxx(Daily Rate of Pay divided by 7.5).
Compensation and Incentives. Desjardins Securities and its representatives may collect two types of compensation, direct and indirect. Direct compensation is paid by you and consists of brokerage commissions, management fees and account- related fees. Indirect compensation consists of trailing fees or other forms of compensation from third parties in connection with certain transactions involving the purchase, holding or sale of securities in your account, including units in mutual funds, exchange traded funds, bonds, principal-protected notes or newly issued securities sold by Desjardins Securities as underwriter or agent. Ongoing trailing commissions may be paid to us by managers of investment funds for the services and advice we provide you. You are not directly charged the trailing commissions. However, these fees affect you because they reduce the fund’s return paid to you. When Desjardins Securities acts as principal in a trade involving debt securities, it may receive an income resulting from the spread between the buying and selling prices. Besides this income, Desjardins Securities’ commission is added to the price of the security in the case of a purchase or deducted from the price of the security in the case of a sale. In any transaction requiring currency conversion, Desjardins Securities may earn income from the conversion in addition to brokerage fees. For more information on Desjardins Securities forms of compensation, please see the section Our Service Offerings in the Relationship Disclosure Document and Agreements at xxxxx://xxx.xxxxxxxxxx.xx/ Documents/Brochure-RDDA.pdf. Desjardins Securities representatives may also receive incentives (monetary or otherwise) for the achievement of individual or business unit objectives, with regards to business development and/or income generated. In general, compensation and incentives may have the effect of encouraging a firm or its representatives to recommend a product or service that provides them with higher compensation. We usually manage these conflicts of interest as follows: • For advisory accounts, we ensure that the suitability of the securities held in your account is reviewed when we make a recommendation. • Except for managed accounts, we inform you of all the fees payable related to a transaction before said transaction is executed. • For fee-based advisory accounts and managed accounts, we disclose the fee rates to you in the account opening documents. • We have implemented a comprehensive supervision program that ...
Compensation and Incentives. (a) During the Term, for each ChartMaxx or E.Maxx installation that primarily resulted from a Quest Diagnostics Referral (a "Referred Installation") (as opposed to an internally generated lead of MedPlus), MedPlus shall pay to Quest Diagnostics a "Referral Fee" equal to 3% of the gross revenue generated and to be generated in connection with the installation and during the first year following the installation. All payments owed pursuant to this Section shall be due and payable not more than 60 calendar days from the date on which MedPlus has been paid by the customer for the appropriate Referred Installation. However, to the extent that, during the first three full calendar months after the completion of such installation, Quest Diagnostics receives net additional annualized revenue from clinical laboratory services (in excess of the amount of annualized revenue during the three full calendar months preceding the date of installation) from such customer in excess of the Referral Fee, then Quest Diagnostics shall return the Referral Fee for such customer to MedPlus within 60 days. Each party shall provide the other party with a monthly report within 30 days after the end of such month with reasonably detailed information indicating the amounts due or due back under this Section 4(a). In addition, each party and its representatives (including a third party certified public accountant reasonably acceptable to the other party shall have rights to audit the records of the other party with respect to such reports on the terms provided in Section G6 of the Software Agreement.
(b) MedPlus and Quest Diagnostics shall seek in good faith to develop a reasonably meaningful special incentive (in addition to the commissions paid to such sales force with respect to clinical laboratory sales, which commissions will be paid by Quest Diagnostics in accordance with its usual commission plan) for the sales force utilized by Quest Diagnostics under Section 2 to incent such sales force to perform the activities contemplated by Section 3 (but in a manner consistent with and not to the exclusion of their other obligations as contemplated by Section 2(d)), the cost of which special incentive would be paid by Quest Diagnostics but only to the extent that MedPlus agrees to reimburse Quest Diagnostics for such special incentive. Quest Diagnostics understands that any special incentive to be reimbursed by MedPlus with respect to a Referred Installation would be in lieu of an equal po...
Compensation and Incentives. As compensation for her services hereunder, Executive shall be paid the following:
Compensation and Incentives. Company shall pay to Affiliate a Referral Fee in the amount set forth in Exhibit A based on Gross Revenue collected by Company from each qualified referral from the Affiliate who purchases Company services. A qualified referral is defined as any business referred to Company by the Affiliate and converted into a sale. Collected sales revenue received from qualified referral will entitle Affiliate to compensation as specified while Agreement is in force. Once a qualified referral has been converted to a sale (new account for Company) by Affiliate and/or Company, the Affiliate may manage the relationship with assistance from Company while Company provides the service and billing.
Compensation and Incentives. A. For all services to be rendered by the Employee pursuant to Paragraph 1 of this Agreement, and in part of the consideration for the other obligations and promises of the Employee as set forth in this Agreement, the Company will compensate the Employee the equivalent of $4,000 with it being compensated by the issuance of 4,000,000 common shares of the Company in the name of the Employee. The Employee will be entitled to reasonable vacation and sick leave in accordance with Company policy.
B. In addition to his Stock Compensation, the Employee may be entitled to the following performance incentives during the time he is employed by the Company: annual salary, performance bonus and stock options.
Compensation and Incentives. Clearly define the compensation structure for the Business Developer, including base salary, commission, bonuses, or any other incentives tied to meeting or exceeding targets.
