Employee Incentive Plan. Eligible nurses shall participate in the Employee Incentive Plan (EIP) approved by the Board of Commissioners on February 7, 2001, and shall receive any lump-sum compensation or salary increases that they are entitled to receive under the EIP. Such compensation shall be in addition to the compensation specified in Appendix A, attached hereto.
Employee Incentive Plan. Operator may develop and deliver to Owner an Employee Incentive Plan for such Operation Year, which plan shall be generally consistent with similar plans established by Operator or its Affiliates at the Facility or at other facilities owned by Operator’s Affiliates.
Employee Incentive Plan. Effective with the 1st half 1988 and each full half year thereafter during the term of this Agreement, eligible employees will participate in an incentive bonus plan as follows: - Eligible employees Department Heads, employees on the top rate of their respective classification wage scale, and employees designated as lead floral clerks, lead file maintenance clerks, lead nutrition clerks, head night stock clerks, lead dairy clerks and lead frozen food clerks, Asst. Front-End Managers, excluding courtesy clerks. To be eligible, employees in the above classifications or job assignments must have been in the position at the beginning and end of the half year in which the incentive bonus is earned. - Percent (%) to be paid to be determined by percent (%) paid to the employee's Store Manager. In the event an employee transfers from one store to another, the percent (%) earned will be based on the store in which the employee spent the majority of their time in the half year. Should an employee move from one eligible position to another, the bonus potential will be the potential where the employee spends the majority of their time during the half year. - Each eligible employee will be guaranteed a minimum payment of one-half (1/2) of their potential incentive bonus each half year. - The maximum potential incentive bonus an employee can earn on an annual basis will be as follows: 1st Half 2nd Half Annual Totals Dept. Head Str. Vol. Less Min. Max. Min. Max. Min. Max 250,000 $200 $400 $200 $400 $400 $800 250,001 to 375,000 $250 $500 $250 $500 $500 $1000 375,001 and over $300 $600 $300 $600 $600 $1200 1st Half 2nd Half Annual totals Min. Max. Min. Max. -Min. . Max. Full-time top rate, lead floral clerk,lead file maintenance clerk, lead nutrition clerk, head night stock clerk, lead dairy clerk, lead frozen food clerk, and Asst. Front-End Manager. $150 $300 $150 $300 $300 $600 Part-time top rate clerks $75 $150 $75 $150 $150 $300 First half bonus will be paid by the sixth (6th) week after close of first half books. The second half minimum bonus will be paid to all eligible employees the 1st week of December each year. The remainder amount earned will be paid six (6) weeks after the close of the year end books.
Employee Incentive Plan. Employee Incentive Plan," when immediately ----------------------- preceded by "Catalytica," means the Catalytica Employee Incentive Plan. When immediately preceded by "CESI," "Employee Incentive Plan" means the employee incentive plan to be established by CESI pursuant to Sections 2.2 and 6.3.
Employee Incentive Plan. The entry of the Confirmation Order shall constitute approval of the Employee Incentive Plan and the authorization for the New Seadrill Board to adopt such plan.
Employee Incentive Plan. 12.51 To assist in acknowledging the value of the non-teaching staff employees and to support employees’ attendance, as well as, to minimize the need to utilize substitute employees to replace the regular employee, the Bellaire Board of Education agrees to the following plan: The Board agrees to pay the non-teaching staff employees meeting the following criteria, the amounts of money identified.
Employee Incentive Plan. The Company shall adopt on or prior to the Effective Date the equity incentive plan of the Company (the “Equity Incentive Plan”), the terms of which are set forth in Exhibit E. On the Effective Date, the Company shall grant Executive an award of options under such Equity Incentive Plan equal to 25% of 75% of the Initial Options (as defined in Exhibit E), the terms of which are set forth in Exhibit E.
Employee Incentive Plan. On or before the Distribution Date (or such ----------------------- earlier date as Catalytica and CESI may mutually agree in writing), Catalytica shall transfer to CESI all data and information relating to CESI Employees' participation in the Catalytica Employee Incentive Plan as well as the calculations and other relevant information relating to the incentive component of the CESI Employee Incentive Plan tied to Catalytica's performance. Effective as of the Distribution Date, CESI shall assume all Liabilities described in Section 2.1 relating to, arising out of, or resulting from the Catalytica Employee Incentive Plan as well as any and all Liabilities described in Section 2.1 relating to, arising out of or resulting from the incentive component of Catalytica's performance in the CESI Employee Incentive Plan. No duplication of benefits shall occur as a result of any transfer of employment between Catalytica and CESI and no Assets shall be transferred as a result of the assumption of the Liabilities.
Employee Incentive Plan. With respect to the period after January 1, 2019, Parent shall determine terms and conditions under which Continuing Employees who continue to be employed and are former holders of Company Options and Company RSUs that were originally scheduled to vest after January 1, 2019 will be eligible to participate in Parent's equity-based and/or other long-term incentive plans. In determining the terms and conditions for such participation Parent shall consider the parameters, goals and other terms and conditions determined by Parent pursuant to its usual practice for equity-based and/or other long-term incentive grants as well as such Continuing Employee's position, contribution to the Company and to Parent and its Subsidiaries and such Continuing Employee's former entitlements.
Employee Incentive Plan. As soon as reasonably practicable following the Closing Date, Buyer shall cause the Company to establish an employee incentive plan having terms set forth on Exhibit J.
