Financial Incentive Plans Sample Clauses

Financial Incentive Plans. In the event Participant or a Practice Provider receives from ACO a “financial incentive” (as defined under applicable Law or Policies and Procedures) related to the performance of Participant’s or Practice Provider’s duties under this Agreement, Participant agrees that no payments shall be made directly or indirectly to Participant or any Practice Provider as an inducement to reduce or limit medically necessary services.
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Financial Incentive Plans. If Provider and Practice Providers meet the requirements contained herein, Provider and/or Practice Providers may be entitled to a distributable amount of Shared Savings, if any after taking into account DCE expenses, as determined by DCE’s Governing Body in accordance with the DCE’s Bylaws. The distributable amount of Shared Savings, if any, will take into consideration a Provider and Practice Provider’s individual performance, efficiency, attributed membership, and such other criteria as the DCE may reasonably determine; provided, however, Provider and Practice Providers shall not be entitled to any portion of Shared Savings if (i) this Agreement is terminated prior to the date distribution of Shared Savings are made; or (ii) Provider and/or Practice Providers are not in good standing with the DCE (e.g., under a corrective action plan or subject to other remedial action(s)). Notwithstanding the foregoing, in the event Provider or a Practice Provider receives from DCE a “Financial Incentive” (as defined under applicable law or DCE’s Policies and Procedures) related to the performance of Provider’s or Practice Provider’s duties under this Agreement, Provider agrees that no payments shall be made directly or indirectly to Provider or any Practice Provider as an inducement to reduce or limit medically necessary services. Both Provider and DCE agree that an intended consequence of the Direct Contracting Model is to align and encourage Beneficiaries, Provider, and Practice Providers to adhere to the quality assurance programs, quality improvement programs, and evidence-based clinical guidelines adopted by the DCE.
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Financial Incentive Plans. In the event Provider or Subcontractor receives from HPN or a Payer (or Provider in the case of a Subcontractor) a “financial incentive” (as defined under applicable law, or the Payer’s policies and procedures) related to the performance of Provider’s duties under this Agreement, Provider agrees and shall cause each Subcontractor to agree, that such financial incentive shall comply with HPN’s and the Payer’s policies and procedures, that no payments shall be made directly or indirectly to Provider or Subcontractor as an inducement to reduce or limit Medically Necessary services.
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Financial Incentive Plans. If Practice or a Participating Physician receives from ACO a “financial incentive” (as defined under applicable law or Policies and Procedures) related to the performance of Practice’s, or any Participating Physician’s, duties under this Agreement, Practice agrees that no payments shall be made directly or indirectly to Practice or any Participating Physician as an inducement to reduce or limit medically necessary services. The ACO will adopt specific Policies and Procedures regarding the requirements Practice and Participating Physicians must meet to be eligible to receive financial incentives. The Practice understands that such financial incentives may include the opportunity to receive shared savings or other payments intended to encourage Practice and the Participating Physicians to adhere to the ACO’s quality assurance and improvement program, CMS reporting requirements, and evidence-based clinical guidelines.
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Financial Incentive Plans. In the event Provider or Subcontractor receives from SeleetCare (or Provider in the case of a Subcontractor) a “financial incentive” (as defined under applicable law, or SelectCare’s policies and procedures) related to the performance of Provider’s duties under this Agreement, Provider agrees and shall cause each Subcontractor to agree, that such financial incentive shall comply with SelectCare’s policies and procedures, that no payments shall be made directly or indirectly to Provider or Subcontractor as an inducement to reduce or limit Medically Necessary services.
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Financial Incentive Plans. Texas HealthSpring and RPO, on behalf of itself and RPO Providers, agree that any financial incentive (as defined under the applicable HMO Laws) received from Texas HealthSpring, an Affiliate, or a Payor related to the performance of RPO's or RPO Provider's duties under this Agreement shall comply with the applicable HMO Laws and that no payments shall be made directly or indirectly to RPO or RPO Providers as an inducement to reduce or limit Medically Necessary services.
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Related to Financial Incentive Plans

  • Equity Incentive Plans Each stock option granted by the Company under the Company’s equity incentive plan was granted (i) in accordance with the terms of the Company’s equity incentive plan and (ii) with an exercise price at least equal to the fair market value of the Common Stock on the date such stock option would be considered granted under GAAP and applicable law. No stock option granted under the Company’s equity incentive plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, stock options prior to, or otherwise knowingly coordinate the grant of stock options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

  • Annual Incentive Plan Executive shall be entitled to participate fully in the Company's 1996 Management Incentive Compensation Plan, as amended (the "MICP"), and as may be further amended, modified, or replaced, from time to time, in accordance with the terms and conditions set forth herein and therein.

  • Incentive Plans During the Term of this Agreement, Executive shall be entitled to participate in all bonus, incentive compensation and performance based compensation plans, and other similar policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive's participation shall be in accordance with the terms and provisions of such plans and programs. Participation shall include, but not be limited to:

  • Equity Incentive Plan The Option is a Nonqualified Option and subject to each and every provision of the Equity Incentive Plan which are incorporated by reference herein, as well as the terms and provisions set forth in this Stock Option Agreement and Notice of Grant (this “Stock Option Agreement”). The Equity Incentive Plan shall govern and be conclusive as to all matters not expressly provided for in this Stock Option Agreement. In the event of any conflict between the terms of this Stock Option Agreement and the Equity Incentive Plan, the terms of this Stock Option Agreement shall govern. All capitalized terms contained herein which are not otherwise defined herein shall have the meanings ascribed to them in the Equity Incentive Plan. By accepting the Option you agree to be bound by the provisions of the Equity Incentive Plan and this Stock Option Agreement. A copy of the Equity Incentive Plan has been previously provided to you.

  • Long-Term Incentive Plans During the Employment Period, the Executive shall be eligible to participate in any long term incentive compensation plan maintained by the Company on the terms established from time to time by the Board or the Compensation Committee of the Board, as applicable.

  • Equity Incentives To the extent the Company adopts and maintains a share incentive plan, the Executive will be eligible to participate in such plan pursuant to the terms thereof.

  • 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.

  • Equity Incentive Compensation Upon the Closing, each incentive award in respect of the common stock of Seller Parent (a “Seller Parent Equity Award”) held by a Transferred Employee shall become vested or eligible to vest (subject to the satisfaction of any applicable performance goals) in a prorated amount, determined based on the number of days in the applicable vesting period elapsed as of the Closing Date. Effective as of the Closing, Purchaser or its Affiliates shall grant to each Transferred Employee an equity- or cash-based incentive award (a “Make-Whole Award”) with a grant date fair value that is no less favorable than the value of the portion of the Seller Parent Equity Awards forfeited by the Transferred Employee in connection with the Closing (which forfeited amount shall be disclosed to Purchaser Parent no later than five (5) Business Days prior to the Closing), which Make-Whole Award shall have terms and conditions that are no less favorable than the terms and conditions (including vesting schedule and accelerated vesting terms) that were applicable to the corresponding Seller Parent Equity Award. In the event that the post-Closing transfer of a Delayed Transfer Employee results in a larger portion of the Seller Parent Equity Awards held by such Delayed Transfer Employee becoming vested upon such Delayed Transfer Employee’s transfer of employment than if the employment of such Delayed Transfer Employee had transferred upon the Closing, then the incremental cost of such additional vesting (which cost shall be measured based on the taxable income the Delayed Transfer Employee either realized or would have realized had such awards been settled or exercised upon such Delayed Transfer Employee’s transfer of employment to Purchaser or its Subsidiaries) shall be considered Purchaser Assumed Employee Liabilities.

  • Bonus Plans A bonus is a lump sum payment that is not a permanent increase to the salary base of the individual and may be granted at the discretion of the President. A bonus may be awarded at any time and may be used for a variety of salary adjustments including, but not limited to, the following:

  • 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.

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