Contract Award Amount Sample Clauses

Contract Award Amount. The minimum dollar amount of total Job Orders Owner commits to spending.
Sample 1Sample 2
AutoNDA by SimpleDocs
Contract Award Amount. Owner hereby agrees to pay the Contractor the Contract Award Amount indicated below, not including State Sales Tax, as consideration for the agreements set forth above, including but not limited to, Contractor’s completion of all Work, in strict accord with the Contract Documents, as follows: Base Bid: Alternates Awarded: Alternate Bid No. Alternate Bid No. CONTRACT AWARD AMOUNT:
Sample 1
Contract Award Amount. If the Company receives a Final Award from the United States Postal Service on or before March 31, 1997 ("Award Target Date") substantially in accordance with the analysis of estimated earnings contained in the financial projections update of July 1, 1996 previously provided to Tracor (which indicated a gross margin (as calculated by the Company consistent with prior practices) of approximately forty million dollars ($40,000,000) to be generated in the approximate three-year period following Final Award) and the twenty pages of materials forwarded to Tracor on August 29, 1996 via facsimile transmission entitled "Change of Address (COA) Outsourcing Opportunity" and which contain an overview of the opportunity described in an unsolicited contract proposal (the "Change of Address Proposal") from the Company to the United States Postal Service concerning change of address products or services then Tracor shall pay Ten Million Dollars ($10,000,000) additional Merger Consideration (the "Contract Award Amount"). For the purposes of this section, the term "Company" shall include its Subsidiaries. If the Company receives an award pursuant to the Change of Address Proposal, and if a bid protest is pending at the Award Target Date, the Award Target Date shall be extended until the date of Final Award, but not later than December 31, 1997, provided that the Company is diligently contesting the protest through available and appropriate proceedings diligently pursued.
Sample 1

Related to Contract Award Amount

  • Performance Award You are hereby awarded, on the Grant Date, a Performance Award with a target value of [AMOUNT].

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • Annual Performance Bonus In the discretion of the Company's Compensation Committee, the Executive shall be eligible to receive an annual performance bonus payable in cash for each full or partial fiscal year of the Company during the Employment Period in accordance with the Company's performance-based bonus program for Executive Officers.

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "XXX") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the XXX and Earnings Growth was calculated times the Incentive Award Percentage.

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Performance Bonus If Employee's employment is terminated by Employee with cause, or by Bank without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank with cause, or by Employee without cause.

  • Annual Incentive Award During the Term of Employment, the Executive shall be eligible for an annual incentive award with payout opportunities that are commensurate with his position and duties, as determined by the Compensation Committee in its discretion. Commencing with the Effective Date of the initial Term of Employment, the Executive’s target annual incentive award opportunity will be equal to fifty percent (50%) of the Executive’s Base Salary. The Executive’s annual incentive award opportunities shall be based on Company and individual performance goals determined, and subject to change, by the Compensation Committee in its discretion. The Executive shall be paid his annual incentive award no later than other senior executives of the Company are paid their annual incentive award.

  • Performance Awards With respect to any Performance Award, the length of any Performance Period, the Performance Goals to be achieved during the Performance Period, the other terms and conditions of such Award, and the measure of whether and to what degree such Performance Goals have been attained will be determined by the Board.

  • Incentive Bonus During the Term, Employee shall be eligible to receive an incentive bonus up to the amount, based upon the criteria, and payable in such amount, at such times as are specified in Exhibit A attached hereto. The manner of payment, and form of consideration, if any, shall be determined by the Compensation Committee of the Board, in its sole and absolute discretion, and such determination shall be binding and final. To the extent that such bonus is to be determined in light of financial performance during a specified fiscal period and this Agreement commences on a date after the start of such fiscal period, any bonus payable in respect of such fiscal period's results may be prorated. In addition, if the period of Employee's employment hereunder expires before the end of a fiscal period, and if Employee is eligible to receive a bonus at such time (such eligibility being subject to the restrictions set forth in Section 6 below), any bonus payable in respect of such fiscal period's results may be prorated.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!