Exceptional Achievement Incentive Program Sample Clauses

Exceptional Achievement Incentive Program. The purpose of this program is to provide ASF Members with an incentive to attain high achievement in a number of areas. It will provide recognition to an ASF Member who has demonstrated ongoing exceptional achievement as defined in Subds. 2 and 3 of this Section. The Exceptional Achievement Incentive Program shall be based on the principles of demonstrated consistent high performance and achievement. For each Fiscal Year of this Agreement, no more than ten percent (10%) of the eligible ASF Members at each university, as of July 1st, may have applications approved and receive an incentive under this program.
AutoNDA by SimpleDocs
Exceptional Achievement Incentive Program. The purpose of this program is to provide ASF Members with an incentive to attain high achievement in a number of areas. It will provide recognition to the career ASF Member who consistently demonstrates exceptional achievement as defined in Subds. 2 and 3 of this Section. The Exceptional Achievement Incentive Program shall be based on the principles of demonstrated consistent high performance and achievement. For each year of the agreement, no more than ten percent (10%) of the eligible ASF Members at each university may have plans approved under this program. Subd. 1. To be eligible for this program an ASF Member must have been employed for a minimum of five (5) consecutive years with a Minnesota State University. Of these five years, the two (2) most recent years must be in the ASF Member's current externally funded, probationary or permanent position. The remaining three (3) years must be either: a) in any position (excluding undergraduate and graduate student employment) within the university in which the individual is currently employed, or b) in any ASF position at any Minnesota State University. Subd. 2. An eligible ASF Member is expected to demonstrate exceptional achievement under Subd. 3(a) of this Section, as well as in a minimum of two (2) additional areas identified in Subd. 3. The ASF Member and his/her supervisor will develop a mutually agreed upon plan. This plan may be initiated by either the ASF Member or the Employer. Once the plan has been mutually agreed to by the ASF Member and his/her supervisor it shall be submitted to the appropriate Vice President. If the Vice President recommends approval of the plan, he/she shall convene a meeting of all the Vice Presidents on his/her campus within a reasonable period of time. If the Vice Presidents recommend approval of the plan it shall be submitted to the President whose decision shall be final. If the ASF Member's Vice President, the group of campus Vice Presidents or the President rejects a plan he/she/they shall provide a written statement of the reasons for the rejection to the ASF Member within two (2) weeks of their decision. The decision to approve or not approve a plan shall not be grievable. Subd. 3. Criteria. The criteria to be used shall be: (a) Demonstrated ability to effectively perform job responsibilities. High achievement in performing one's current responsibilities is a necessary condition of an exceptional achievement incentive plan. A pattern of consistent high achievement...
Exceptional Achievement Incentive Program. Subd. 3.

Related to Exceptional Achievement Incentive Program

  • Long-Term Incentive Program During the Term, the Employee shall participate in all long-term incentive plans and programs of the Group that are applicable to its senior executives in accordance with their terms and in a manner consistent with his position with the Company.

  • Management Incentive Plan “Management Incentive Plan” shall mean the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

  • 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.

  • 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.

  • Long-Term Incentive Award During the Term, Executive shall be eligible to participate in the Company’s long-term incentive plan, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • Long Term Cost Evaluation Criterion # 4 READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not i ncrease your catalog prices (as defined herein) more than X% annually over the previous year for years two and thr ee and potentially year four, unless an exigent circumstance exists in the marketplace and the excess price increase which exceeds X% annually is supported by documentation provided by you and your suppliers and shared with TIP S, if requested. If you agree NOT to increase prices more than 5%, except when justified by supporting documentati on, you are awarded 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Price increases 14% or greater, except when justified by supporting documentation, receive 0 points. increases will be 5% or less annually per question Required Confidentiality Claim Form This completed form is required by TIPS. By submitting a response to this solicitation you agree to download from th e “Attachments” section, complete according to the instructions on the form, then uploading the completed form, wit h any confidential attachments, if applicable, to the “Response Attachments” section titled “Confidentiality Form” in order to provide to TIPS the completed form titled, “CONFIDENTIALITY CLAIM FORM”. By completing this process, you provide us with the information we require to comply with the open record laws of the State of Texas as they ma y apply to your proposal submission. If you do not provide the form with your proposal, an award will not be made if your proposal is qualified for an award, until TIPS has an accurate, completed form from you. Read the form carefully before completing and if you have any questions, email Xxxx Xxxxxx at TIPS at xxxx.xxxxxx@t xxx-xxx.xxx

  • Incentive Programs During the Term of Employment, the ------------------ Executive shall be entitled to participate in any annual and long-term incentive programs adopted by the Company and which cover employees in positions comparable to that of the Executive.

  • Performance Criteria The Performance Criteria are set forth in Exhibit A to this Agreement.

  • Award Criteria 40.1 The Procuring Entity shall award the Contract to the successful tenderer whose tender has been determined to be the Lowest Evaluated Tender in accordance with procedures in Section 3: Evaluation and Qualification Criteria.

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