Incentive Levels Sample Clauses

Incentive Levels. PCE will offer base incentives to any approved customer and increased incentives to income-qualifying customers (those making at or below 400% of the federal poverty level (FPL)). Income-qualifying customers may also be eligible to receive incentives from other EV incentive programs: the Clean Cars for All program (CCFA), Driving Clean Assistance Program (DCAP), and Clean Vehicle Assistance Program (CVAP). The PCE incentive that income-qualifying customers are eligible for will vary based on whether the customer is combining the PCE incentive with one of these EV incentive programs. Participant Dealerships will know if a customer is receiving an incentive from one of the other programs because such programs are also point-of-sale incentives and require customers to be approved prior to purchase and dealerships to be pre-approved by the program. PCE may change the incentive levels described below at its sole discretion and will inform Participant Dealership if criteria are changed. Incentive/Participant Type Battery electric vehicle (XXX) Plug-in hybrid electric vehicle (PHEV) • Base incentive for all • No income eligibility requirements $1,000 $700 • Increased incentive, income at or below 400% FPL • PCE incentive if combined with another EV incentive program $2,000 $1,700 • Increased incentive, income at or below 400% FPL • PCE incentive if not combined with another EV incentive program $4,000 $3,700
Sample 1
Incentive Levels. In the event that a Participant changes positions during the Initial Period or a subsequent fiscal year and the change results in a change in Incentive Level, whether due to promotion or demotion, the Participant's Incentive Level will be prorated to reflect the time spent in each position.
Sample 1

Related to Incentive Levels

  • Annual Performance Bonus In the discretion of the Company's Compensation Committee, the Executive shall be eligible to receive an annual performance bonus payable in cash for each full or partial fiscal year of the Company during the Employment Period in accordance with the Company's performance-based bonus program for Executive Officers.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • Long-term Incentive Compensation Programs During the Employment Period, the Executive shall participate in all long-term incentive compensation programs for key executives at a level that is commensurate with the Executive's participation in such plans immediately prior to the Effective Date, or, if more favorable to the Executive, at the level made available to the Executive or other similarly situated officers at any time thereafter.

  • Performance Metrics In the event Grantee fails to timely achieve the following performance metrics (the “Performance Metrics”), then in accordance with Section 8.4 below Grantee shall upon written demand by Triumph repay to Triumph all portions of Grant theretofore funded to and received by Grantee:

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

  • 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.

  • Long-Term Incentive Award During the Term, Executive shall be eligible to participate in the Company’s long-term incentive plan, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

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