Incentive Allowance Sample Clauses

Incentive Allowance. An incentive allowance of $350.00 shall be paid for any driver completing 98% of all runs in a school year. Personal leave shall not be considered in determining eligibility for the incentive allowance.
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Incentive Allowance. A. The Town shall pay each qualified employee an educational incentive allowance as follows: 1. Seven (7) semester hour credits shall yield an educational incentive allowance of two hundred fifty dollars ($250); 2. Twenty-five (25) semester hour credits shall yield an educational incentive allowance of five hundred dollars ($500); 3. Forty-five (45) semester hour credits shall yield an educational incentive allowance of seven hundred dollars ($700); 4. An Associate’s Degree in criminal justice, sociology, public administration, business administration, management science, computer science, political science or psychology shall yield an educational incentive allowance of nine hundred fifty dollars ($950); 5. A Baccalaureate Degree in criminal justice, sociology, public administration, business administration, management science, computer science, political science or psychology shall yield an educational incentive allowance of one thousand two hundred dollars ($1,200); and 6. A Master’s Degree, in criminal justice, sociology, public administration, business administration, management science, computer science, political science or psychology; or a Juris Doctor (X.X.), shall yield an educational incentive allowance of one thousand four hundred dollars ($1,400).
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Incentive Allowance. 21.6.1 At the discretion of the Vice-Chancellor, an employee may be paid an agreed amount for approved work carried out which provides and attracts additional net income to the University. 21.6.2 Such approved work will normally be in addition to University expectations with regard to the normal work allocation of the employee. 21.6.3 The amount will be agreed, in writing, with the Delegated Officer and the employee, and must be approved by the Vice-Chancellor prior to the work being carried out.
Sample 1
Incentive Allowance. Harlxxx xxxees to provide Intuit an incentive allowance of $3,400,000 to be drawn upon at the rate of $50,000 per month beginning with the first effective month of this agreement. Intuit may take this allowance in the form of a credit against outstanding invoices of Harlxxx xx Intuit or may request payment of the advance in cash by wire transfer.
Sample 1
Incentive Allowance. A. The Town shall pay each qualified employee an educational incentive allowance as follows: 1. Seven (7) semester hour credits shall yield an educational incentive allowance of two hundred fifty dollars ($250.00); 2. Twenty-five (25) semester hour credits shall yield an educational incentive allowance of five hundred dollars ($500.00); 3. Forty-five (45) semester hour credits shall yield an educational incentive allowance of seven hundred dollars ($700.00); 4. An Associate’s Degree in criminal justice, sociology, public administration, business administration, management science, computer science, political science or psychology shall yield an educational incentive allowance of nine hundred fifty dollars ($950.00); 5. A Baccalaureate Degree in criminal justice, sociology, public administration, business administration, management science, computer science, political science or psychology shall yield an educational incentive allowance of one thousand two hundred dollars ($1,200.00); and 6. A Master’s Degree, in criminal justice, sociology, public administration, business administration, management science, computer science, political science or psychology; or a Juris Doctor (X.X.), shall yield an educational incentive allowance of one thousand four hundred dollars ($1,400.00). 7. Semester hour credits and degrees shall be from a university, college, technical institute, or other institution approved by the New England Association for Colleges and secondary Schools or a similar national accrediting organization. 8. Any employee, who as of June 30, 1984, was receiving an allowance in excess of the above, based on their level of academic achievement, shall continue to receive that same allowance. If, in the course of this agreement, the employee advances to a higher level, the employee shall receive the higher of the two allowances; that of the higher level or of their June 30, 1984, allowance. B. The Town shall make the payments required by Section A in accordance with the following procedures: 1. Each employee claiming to have earned semester hours shall present to the Director of Human Resources by November 1st a transcript through the preceding July 1st of all credits and degrees not previously validated; 2. The Director of Human Resources shall validate the transcript and determine the total number of earned semester hours standing to the credit of the employee; 3. The educational incentive allowance due the employee for the particular year shall be paid...
Sample 1
Incentive Allowance. 1. Under the circumstances provided in V. 4. an incentive allowance of 65¢ per hour for all hours worked will be applicable to members of District Units. The incentive allowance shall be considered separate and apart from the basic rate of pay and shall not be subject to general wage increases.
Sample 1
Incentive Allowance. A. The Town shall pay each qualified employee an educational incentive allowance as follows: 1. Seven (7) semester hour credits shall yield an educational incentive allowance of two hundred fifty dollars ($250.00); 2. Twenty-five (25) semester hour credits shall yield an educational incentive allowance of five hundred dollars ($500.00); 3. Forty-five (45) semester hour credits shall yield an educational incentive allowance of seven hundred dollars ($700.00); 4. An Associates Degree, provided a minimum of twelve (12) semester hours is in law enforcement subjects, or an Associates Degree in criminal justice, sociology, public administration, business administration, management science, computer science, or psychology shall yield an educational incentive allowance of nine hundred fifty dollars ($950.00); 5. A Baccalaureate Degree, provided a minimum of twenty-four (24) semester hours is in law enforcement subjects, or a Baccalaureate Degree in criminal justice, sociology, public administration, business administration, management science, computer science, or psychology shall yield an educational incentive allowance of one thousand two hundred dollars ($1,200.00); and 6. A Masters Degree, provided a minimum of forty-eight (48) semester hours is in law enforcement subjects, or a Masters Degree in criminal justice, sociology, public administration, business administration, management science, computer science, or psychology shall yield an educational incentive allowance of one thousand four hundred dollars ($1,400.00).
Sample 1
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Related to Incentive Allowance

  • Annual Allowance The Corporation shall pay to the Executive, in cash, in a lump sum, on the Payment Date an amount equal to two times the annual allowance to which the Executive is entitled as of the date of the Date of Termination (or, if higher, as of immediately prior to the Effective Date).

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then (a) Members who are rated at Level II in all phases of the PFT will receive three hundred dollars ($300.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (2) For any calendar year in which fifty percent (50%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then: (a) Members who are rated at Level II in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive nine hundred dollars ($900.00) in a one-time lump sum payment. (3) All lump sum payments referenced herein will be paid in February of the following year.

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Recovery of Bonus and Incentive Compensation Any bonus and incentive compensation paid to you during a CPP Covered Period is subject to recovery or “clawback” by the Company if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.

  • Annual Incentive Compensation Executive shall be eligible to receive an annual bonus (“Annual Bonus”) with respect to each fiscal year ending during the Employment Period. The Annual Bonus shall be determined under the 2006 Omnibus Incentive Plan (the “Omnibus Plan”) or such other annual incentive plan maintained by the Company for similarly situated employees that the Company designates, in its sole discretion (any such plan, the “Bonus Plan”), in accordance with the terms of such plan as in effect from time to time. For each such fiscal year, Executive shall be eligible to earn a target Annual Bonus equal to seventy percent (70%) of Executive’s Base Salary for such fiscal year, if the Company achieves the target performance goals established by the Board for such fiscal year in accordance with the terms of the Bonus Plan. If the Company does not achieve the threshold performance goals established by the Board for a fiscal year, Executive shall not be entitled to receive an Annual Bonus for such fiscal year. If the Company exceeds the target performance goals established by the Board for a fiscal year, Executive may be entitled to earn an additional Annual Bonus for such year in accordance with the terms of the applicable Bonus Plan. The Annual Bonus for each year shall be payable at the same time as bonuses are paid to other senior executives of the Company in accordance with the terms of the applicable Bonus Plan, but in no event later than two and a half (21/2) months following the end of the applicable fiscal year in which such Annual Bonus was earned. Executive shall be entitled to receive any Annual Bonus that becomes payable in a lump-sum cash payment, or, at his election, (A) up to fifty percent (50%) of the Annual Bonus in the form of a grant of restricted stock units of Common Stock (as defined below) or (B) in any form that the Board generally makes available to the Company’s executive management team, provided that any such election is made by Executive in compliance with Section 409A of the Code and the regulations promulgated thereunder.

  • Incentive Payments The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 11.3.2 An employer may opt to pay the early retirement incentive in three equal annual payments over a thirty-six (36) month period. 11.3.3 Eligible bargaining unit members may opt for a partial early retirement with a pro- rated incentive.

  • Annual Compensation The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the highest level of base salary paid to the Executive by the Employers or any subsidiary thereof during any of the three calendar years ending during the calendar year in which the Date of Termination occurs.

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