Common use of ICL Distribution Schedule Clause in Contracts

ICL Distribution Schedule. For each Project Stage, Exhibit G lists the Milestones and the percentage of a Risk/Reward Team member’s ICL that is payable, subject to payment pre-conditions, at each Milestone. The ICL that may be distributed at a Milestone is based on the initial ICL amounts, and does not include any additional incentive compensation. The additional incentive compensation, if any, is distributed at Final Payment.

Appears in 3 contracts

Samples: Integrated Project Delivery Agreement, Integrated Project Delivery Agreement, Integrated Project Delivery Agreement

AutoNDA by SimpleDocs

ICL Distribution Schedule. For each Project Stage, Exhibit G lists the Milestones and the percentage of a Risk/Reward Team memberMember’s ICL that is payable, subject to payment pre-conditions, at each Milestone. The ICL that may be distributed at a Milestone is based on the initial ICL amounts, and does not include any additional incentive compensation. The additional incentive compensation, if any, is distributed at Final Payment.

Appears in 2 contracts

Samples: Integrated Project Delivery Agreement, Integrated Project Delivery Agreement

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