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:
4.1.1 a business case for the new or different way the Supplier intends to provide the Services;
4.1.2 the potential direct and indirect cost savings for the Supplier and the Contracting Body;
4.1.3 the potential direct and indirect costs which might be incurred by the Supplier and the Contracting Body;
4.1.4 the potential benefit(s) (financial or otherwise) to the Supplier and the Contracting Body;
4.1.5 the gainshare ratio.
4.2 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.
4.3 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.
4.4 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").
4.5 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.
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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:
4.1.1 a business case for the new or different way the Supplier intends to provide the Services;
4.1.2 the potential direct and indirect cost savings for the Supplier and the Contracting Body;
4.1.3 the potential direct and indirect costs which might be incurred by the Supplier and the Contracting Body;
4.1.4 the potential benefit(s) (financial or otherwise) to the Supplier and the Contracting Body;
4.1.5 the gainshare ratio.
4.2 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.
GAINSHARE. 1At 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. 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. Frequency Purpose and Scope of Benchmark Review The Authority requires the Supplier to carry out Benchmark Reviews of the Services. The Authority shall not be entitled to request a Benchmark Review during the first six (6) Month period from the Commencement Date nor at intervals of less than twelve (12) Months after any previous Benchmark Review. The purpose of a Benchmark Review will be to establish whether the Benchmarked Rates are, individually and/or as a whole, Good Value. The rates that are to be the Benchmarked Rates will be identified by the Authority in writing. Benchmarking Process The Supplier shall produce and send to the Authority for Approval, a draft plan for the Benchmark Review. The plan must include: a proposed timetable for the Benchmark Review; a description of the benchmarking methodology to be used;
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.
16.2 All Business Impact Initiatives shall be considered at the Planning, Programme and Transformation Committee meeting. The Service Provider may present high level concepts for its ideas and suggested means of achieving Business Impacts at the Planning, Programme and Transformation Committee meetings. The Planning, Programme and Transformation Committee shall then jointly identify the ideas which shall be developed and formally proposed as "Gainshare Initiatives". No idea shall be considered to be a Gainshare Initiative until it has been approved by the Planning, Programme and Transformation Committee in accordance with this paragraph 16.2.
16.3 The approval of all Business Impact Initiatives will be provided by the Finance, Contract Billing and Commercial meeting (which shall review recommendations made to it by the Planning, Programme and Transformation Committee meetings) and, once approved for taking forward, a Business Impact Initiative shall be considered a Gainshare Initiative.
16.4 For a project to qualify to be considered as a Business Impact Initiative, the services provided by the relevant project or programme and outlined in the Business Impact Initiative must:
16.4.1 represent a clearly‑defined financial benefit to the Customer; and
16.4.2 be jointly agreed in terms of scope, cost, Service Provider share and timing in writing between the Customer and the Service Provider (such agreement not to be unreasonably withheld or delayed). For the avoidance of doubt the Customer shall not be obliged to accept any Business Impact Initiatives proposed by the Service Provider. If the Customer rejects a Business Impact Initiative proposed by the Service Provider, nothing in this Agreement shall prevent the Customer from making modification to its operations (including how it receives the Services) which are materially similar to or the same as the rejected Business Impact Initiative, provided that the Customer can reasonably demonstrate that it has already initiated the same or similar initiative or is in discussion with another party to ...
GAINSHARE. Key Performance Indicators (KPIs) against timely delivery of Mature Design Solutions (MDS) and re-work arising at the capability installation stage.
GAINSHARE. 15.1 Unless otherwise agreed in writing, no Gainshare agreement exits between the Parties.
GAINSHARE. 39.1. The Contractor may, in accordance with this Condition, make proposals for change to the Authority where it considers that such change would improve the effectiveness of the service or would reduce operating or other costs, to the benefit of the Authority and the Contractor.
39.2. The Authority shall notify the Contractor as soon as possible of the acceptability or otherwise of the Contractor's request for change. If the request for change is acceptable to the Authority a contract amendment will be issued in accordance with DEFCON 503 and the Contractor shall implement the proposed change, sharing the benefit with the Authority as outlined in the change proposal.
GAINSHARE. A Gainshare Committee shall be formed to meet and discuss ways and means to improve productivity. The Committee will consist of six (6) members. Three (3) hourly members including one (1) Union appointee, two (2) management members, and the Mine Manager or his designate. The Union President and the Mine Manager shall meet and agree on the members and their alternates on the Committee. The purpose of the Committee shall be to gather suggestions and proposals, including those related to training, geared to productivity improvement and to evaluate and make recommendations to management for their consideration. The Committee members and Local Collective Agreement May Page shall receive suggestions and proposals from any employee at any time and prepare them for discussion and evaluation. The Committee shall meet monthly, but not less often than quarterly to achieve their purpose.
