GAINSHARE. 4.1 At any time during the Term, the Supplier may make a proposal to a Contracting Body and the Authority for a new or different way of providing the Services ("Proposal"). Any Proposal must clearly state that it is submitted for consideration under this gainshare provision and shall include:
GAINSHARE. At any time during the Term, the Supplier may make a proposal to a Contracting Body and the Authority for a new or different way of providing the Services ("Proposal"). Any Proposal must clearly state that it is submitted for consideration under this gainshare provision and shall include: a business case for the new or different way the Supplier intends to provide the Services; the potential direct and indirect cost savings for the Supplier and the Contracting Body; the potential direct and indirect costs which might be incurred by the Supplier and the Contracting Body; the potential benefit(s) (financial or otherwise) to the Supplier and the Contracting Body; the gainshare ratio. The Supplier, the Contracting Body and the Authority shall meet to discuss the Proposal and shall attempt to agree the investment (financial or otherwise) to be contributed by the Supplier and the Contracting Body, the estimated amount of savings, the gainshare ratio, the timing of any payments or adjustments and the proportion of the costs and losses to be borne by the Supplier and the Contracting Body should the Proposal be aborted or not meet its financial objectives. The Supplier shall then submit a revised Proposal to the Contracting Body and the Authority. The Contracting Body shall assess the Proposal in conjunction with the Authority and shall, in writing within one (1) Month (or such other time as agreed between the Parties), either accept it in principle, reject it or offer recommendations or refinements in order for the Supplier to submit a revised Proposal. If and when the Proposal is accepted in principle by the Contracting Body and the Authority and such agreement is put in writing, the Supplier shall formulate an implementation plan which shall set out in more detail the way in which the Supplier intends that the Proposal shall be implemented and the timetable for payments or adjustments to any element of the prices paid in accordance with the agreed gainshare ratio ("Gainshare Implementation Plan"). Once the Gainshare Implementation Plan has been agreed between the Parties, the Supplier shall implement the Proposal in accordance with the plan and the Supplier and the Contracting Body shall comply with any obligations they have assumed, including adjustments to the prices paid and obligations to make payments. In each case these will be in accordance with the timetable outlined in the Gainshare Implementation Plan. Following implementation, the Parties shall meet t...
GAINSHARE. 17.06 Gainsharing or incentive programs, such as Goal-share, either global or targeted to specific areas, may be implemented by the Company, however, such gain sharing program will be discussed with the Association in advance of being implemented. Note: It is the intention of the parties following ratification of the memorandum of settlement to attempt to jointly develop incentive compensation arrangement(s) to be effective for the year 2010 program year. For each of the program years 2010, 2011 and 2012, the incentive compensation awards will be limited to a maximum 5% of the gross earnings of employees for a program year. Lump sum payout associated with Gainshare objectives will be based on a 60% Company/40% Employee ratio. The gain sharing will be based on measurable goals and the lump sum payments will be subject to the Pension Plan. All objectives, gain or goal, will be tied to Corporate Objectives. Both Corporate and Bargaining Unit objectives must be met in order for any payment to be triggered.
GAINSHARE. BENCHMARKING
GAINSHARE. C5.1 At any time during the Term, the Contractor may make a proposal to The Contracting Authority for a new or different way of providing the Services (“Proposal”). Any Proposal must clearly state that it is submitted for consideration under this gainshare provision and shall include:
GAINSHARE. 16.1 The Parties agree that they may mutually benefit from savings delivered through distinct projects or programmes delivered by the Service Provider or the Customer in connection with the Services and designed to deliver Business Impact ("Business Impact Initiatives"). For the avoidance of doubt, the Committed Transformation projects shall not be capable of being Business Impact Initiatives pursuant to this paragraph.
GAINSHARE. 15.1 Unless otherwise agreed in writing, no Gainshare agreement exits between the Parties.
GAINSHARE. Based on Amcor Cartonboard Profit Performance (Xxxxxx Mill and where applicable, depots operated by the Employer). A payment of at least 1% would be realised if Budget (measured as Profit before Interest and Tax PBIT) is achieved or exceeded each year. Gainshare % 2.0% 1.0% 5.0% 10.0% Positive Variance to PBIT APPENDIX 2 CLASSIFICATION STRUCTURE A Definitions of classifications A.1 Manufacturing and services employees – Grade definitions
GAINSHARE. A balanced gainshare system is used to improve our business and enable the benefits to be shared between the employees and the company. After certification of this agreement the Company and employees will review the current system for improvement with the objective of implementation on October 1st 2008.
GAINSHARE b. Key Performance Indicators (KPIs) against timely delivery of Mature Design Solutions (MDS) and re-work arising at the capability installation stage.
