EARNBACK Sample Clauses

EARNBACK. The Service Provider shall have Earnback opportunities with respect to Service Level Credits as follows: 1. Within thirty (30) days after the first anniversary of the month in which any Service Level Default occurs, the Service Provider shall provide a report to DIR that will include, with respect to each Critical Service Level for which there was a Service Level Default, the following: 1.1. Statistics on the Service Provider's average monthly performance during the preceding twelve
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
EARNBACK. The Service Provider shall have Earnback opportunities with respect to Service Level Credits as follows: 1. Within thirty (30) days after the first anniversary of the month in which any Service Level Default occurs, the Service Provider shall provide a report to DIR that will include, with respect to each Critical Service Level for which there was a Service Level Default, the following: 1.1. Statistics on the Service Provider's average monthly performance during the preceding twelve (12) months 1.2. The amount of Service Level Credit imposed for each Service Level Default 1.3. The total amount of Service Level Credits imposed for Service Level Defaults 2. If, for the rolling twelve (12) month period immediately following a Service Level Default (the "12-Month Review Period"), Service Provider achieved, on average, a monthly performance in the corresponding Critical Service Level that was greater than, or equal to, the Service Level in effect for such Critical Service Level and there was no recurrence of a Service Level Default during such rolling 12-Month Review Period, DIR will refund Service Provider the Service Level Credits that were credited for that Service Level Default for such Critical Service Level. Service Provider will invoice DIR for the Earnback Credit in the monthly invoice following such rolling 12-Month Review Period. 3. If, during the 12-Month Review Period, DIR deletes the Critical Service Level (including demotion of a Critical Service Level to a Key Measurement) that corresponds to the Service Level Default giving rise to such 12-Month Review Period, Service Provider shall continue to track its performance for such former Critical Service Level and shall be entitled to an Earnback if and to the extent, and at the time, it would have otherwise been entitled to such Earnback in accordance with the procedures described in Item 2 of Section 6 above had the Critical Service Level not been so deleted or demoted to a Key Measurement during such 12-Month Review Period. If the Agreement is terminated prior to the end of the Term, the foregoing process shall be undertaken with respect to the months of the applicable outstanding 12-Month Review Period(s) (if any) during which the Agreement was in effect.
Sample 1See All (5)
EARNBACK. In the event ACS meets the Expected Service Level(s) as described in Schedule A, Attachment B (SLA), ACS will accrue an earnback credit (the “Earnback Credit”) as described in Schedule A, Attachment B (SLA). Earnback Credits will be applied using the methodology described in Section 13.3 below.
Sample 1Sample 2
EARNBACK. ‌ The Supplier shall have the opportunity to earnback Charge Reductions as follows:
Sample 1
EARNBACK. Supplier may earn back Transition Deliverable Credits with respect to its failure to meet an interim Critical Transition Milestone for a Transition Stream, provided that Supplier meets the associated final Critical Transition Milestone for that Transition Stream on or before the date specified in Schedule H.1, in which case Supplier will be entitled to the return of all Transition Deliverable Credits paid in connection with its prior failure to meet said interim Critical Transition Milestone. SCHEDULE H.1 INITIAL TRANSITION PLAN TRANSITION DELIVERABLE CREDITS # Transition Stream Transition Deliverable Milestone Date Interim/Final Milestone Deliverable Credit 1 Windows / Database Knowledge Absorption (Support Process, Operations Process, Reports, Escalation Process) Week 1 - 5 Receiving all the existing Documents from customer. If not existing then prepare with joint efforts. $****** Adaptation / Redesign (Finalize Solution Design, Role Transfer Map, Draft Run Book, Offshore team readiness) Week 6 - 7 Submitting draft of refined documents. $****** Replication (Successful Staging exercise, Offshore team Realignment) Week 8 - 9 Knowledge transfer to offshore team by training them. $****** Parallel Run (Role Transfer Plan completion, Consolidated runbooks) Week 10 - 11 Acceptance Test Plan signoff. $****** 2 UNIX, Storage & Backup Knowledge Absorption (Support Process, Operations Process, Reports, Escalation Process) Week 1 - 5 Receiving all the existing Documents from customer. If not exist then prepare with joint efforts. $****** Adaptation / Redesign (Finalize Solution Design, Role Transfer Map, Draft Run Book, Offshore team readiness) Week 6 - 7 Submitting draft of refined documents. $****** Replication (Successful Staging exercise, Offshore team Realignment) Week 8 - 9 Knowledge transfer to offshore team by training them. $****** Parallel Run (Role Transfer Plan completion, Consolidated runbooks) Week 10 - 11 Acceptance Test Plan signoff. $****** 3 Tier - II Services Knowledge Absorption (Support Process, Operations Process, Reports, Escalation Process) Week 1 - 5 Receiving all the existing Documents from customer. If not exist then prepare with joint efforts. $****** Adaptation / Redesign (Finalize Solution Design, Role Transfer Map, Draft Run Book, Offshore team readiness) Week 6 - 9 Submitting draft of refined documents. $****** Replication (Successful Staging exercise, Offshore team Realignment) Week 10 - 11 Knowledge transfer to offshore team by trai...
Sample 1
EARNBACK. Orbitz shall have the earnback opportunity with respect to Credits paid or owed to AA pursuant to this Exhibit, as follows:
Sample 1
EARNBACK. ALLTEL shall have the opportunity to earn back Service Level Credits as described in this Section 1.7(b). If ALLTEL meets or exceeds the Service Level for [*****] which such Service Level Credit was assessed for such Service Level, then ALLTEL may invoice Client for the amount of such Service Level Credit on its next monthly invoice ("Earnback Credit").
Sample 1
AutoNDA by SimpleDocs
EARNBACK. If Subcontractor meets all criteria set forth for performing the Services for the first full calendar month after the October 1, 2013 release and performing the Services for the first full calendar month after the February 1, 2014 release, then Subcontractor will be entitled to earn back fifty percent (50%) of the Liquidated Damages paid to CGI under this SOW. The Supplier's earn back of Liquidated Damages is not a waiver by CGI of any right it may have under the Agreement. E. PRICING ASSUMPTIONS
Sample 1

Related to EARNBACK

  • Longevity Bonus After twenty (20) years of continuous service, an employee will receive a longevity bonus of seven hundred dollars ($700) per year, payable in one lump sum by the second pay period following the employee's anniversary date.

  • Performance Incentive 4.10.1 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. 4.10.2 With respect to part of a Year in which the term of this Agreement begins or ends, the relevant quantities in Clause 4.10.1, except the Multiplier, shall apply pro-rata. 4.10.3 Within thirty (30) days of expiry of a Year, the Seller shall submit an invoice to the Purchaser with respect to the PI payable in terms of Clause 4.10.1 and the Purchaser shall pay the amount so due within thirty (30) days of the receipt of the invoice. In the event of non-payment of PI by the due date, the Seller shall have the right to suspend Coal supplies without absolving the Purchaser of its obligations under this Agreement.

  • Performance Incentives As a bonus, to supplement Assistant Coach’s compensation, as set out herein, the University agrees to pay the following sums upon attainment of each specified goal, provided the Program is 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 Assistant Coach knew or should have known. Assistant Coach must also complete the _________ [insert sport] season as an Assistant [Men’s/Women’s] [delete if sport is football] __________ Coach to receive any performance incentives for that season. Payment will be made to Assistant Coach within 60 days after goal is accomplished. (a) $_________ in any contract year in which the team wins the __________ Conference championship. (b) $_________ in any contract year in which the team participates in post-season NCAA competition. (c) $_________ for each game that the team wins in NCAA post-season competition. (d) $_________ in any contract year in which the team wins the NCAA championship.]

  • CFR 200 328. Failure to submit such required Performance Reports may cause a delay or suspension of funding. 30 ILCS 705/1 et seq.

  • Annual Performance Bonus During the Employment Term, the Executive shall be entitled to participate in the STIP, with such opportunities as may be determined by the Chief Executive Officer in his sole discretion (“Target Bonuses”), and as may be increased (but not decreased, except for across-the-board reductions generally applicable to the Company’s senior executives) from time to time, and the Executive shall be entitled to receive full payment of any award under the STIP, determined pursuant to the STIP (a “Bonus Award”).

  • Bonus Payment Executive will receive a lump-sum payment equal to one hundred fifty percent (150%) of the higher of (A) the greater of (x) Executive’s target bonus for the fiscal year in which the Change of Control occurs (as in effect immediately prior to the Change of Control) or (y) Executive’s target bonus as in effect for the fiscal year in which Executive’s termination of employment occurs, or (B) Executive’s actual bonus for performance during the calendar year prior to the calendar year during which the termination of employment occurs. For avoidance of doubt, the amount paid to Executive pursuant to this Section 3(b)(iii) will not be prorated based on the actual amount of time Executive is employed by the Company during the fiscal year (or the relevant performance period if something different than a fiscal year) during which the termination occurs.

  • Performance Bonus The Executive shall be eligible to receive an annual performance bonus, payable within sixty (60) days after the end of the fiscal year of the Employer, in an amount not to exceed twenty-five percent (25%) of the Executive's Base Salary for the applicable year. The amount, if any, shall be determined by the Board, or the appropriate committee thereof, and shall generally be based on a combination of organization-wide and individual performance criteria.

  • Forfeiture; Recovery of Compensation (a) The Administrator may cancel, rescind, withhold or otherwise limit or restrict the Stock Option at any time if the Optionee is not in compliance with all applicable provisions of this Agreement and the Plan. (b) By accepting the Stock Option, the Optionee expressly acknowledges and agrees that his or her rights, and those of any permitted transferee of the Stock Option, under the Stock Option, including to any Stock acquired under the Stock Option or proceeds from the disposition thereof, are subject to Section 6(a)(5) of the Plan (including any successor provision). Nothing in the preceding sentence shall be construed as limiting the general application of Section 8 of this Agreement.

  • Long-Term Incentives The Company shall provide the Executive the opportunity to earn long-term incentive awards under the current equity and cash based plans and programs or replacements therefor at a level commensurate with the current aggregate opportunity being provided to the Executive.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

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