Incentive Outcome Payments Sample Clauses

Incentive Outcome Payments. Notwithstanding the maximum budget for the geographical area(s) served by the Contractor, DCF will pay contractors for the following achievements. a) Quarterly WPR Incentive Payment i. 50% All Families Rate DCF is required to meet the Federal Temporary Assistance for Needy Families (TANF) Work Participation Rate (WPR) on an annual basis. W- 2 Contractors who meet the quarterly Federal All Families WPR of 50% for the geographical area will be eligible for a performance payment. DCF will pay the WPR Performance payment quarterly. See the schedule identified in the Claims and Payment Calendar 2017: xxxxx://xxx.xxxxxxxxx.xxx/files/w2/contracts/claims-payments-calendar- 2017.pdf DCF will determine the W-2 Contractor's quarterly Federal All Families WPR according to TANF guidelines. The W-2 Contractor is not required to submit a verified claim to be paid a WPR quarterly performance payment. No payments will be made for any quarter in which the W-2 Contractor does not meet the 50% level. In its sole discretion, DCF may at the end of the federal reporting year make a payment to the W-2 Contractor of previously unearned Quarterly Performance Payments if the W-2 Contractor meets the Federal All Families WPR of 50% for the year. b) W-2 Contractor Performance Rates Incentive Payments DCF will pay a one-time Performance Rate Incentive Payment to the W-2 Contractors that have the highest performance rate in the balance of state or Milwaukee for any one or more of the following: Job Attainment, Job Retention or Long-Term Participant Job Attainment. A payment will be made to the W-2 Contractors in the balance of state with the highest rate for one or more categories among all balance of state W-2 Contractors based on 2017 performance. A payment will be made to the W-2 Contractors in Milwaukee with the highest rate for one or more categories among all Milwaukee W-2 Contractors based on 2017 performance. i. Job Attainment Performance Rate DCF will calculate this rate using the unduplicated annual case count total in the denominator and total job attainments for the year in the numerator. ii. Job Retention Performance Rate DCF will calculate this rate using the unduplicated annual case count total in the denominator and total job retentions for the year in the numerator. iii. Long-Term Participant Attainment Performance Rate DCF will calculate this rate using the long-term participant pool in the denominator and long-term participant job attainments for the year in the numer...
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Related to Incentive Outcome Payments

  • 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.

  • Bonus Payments No employee shall be required or requested to make any written or verbal agreement that will conflict with the terms of this Agreement. All employees must be paid weekly for all hours worked as provided in this Agreement. Any bonuses, commissions or other methods of payments over and above the requirements of this Agreement shall be in addition to the requirements of this Agreement and may not be used to offset such contractual requirements and shall not be subject to negotiations.

  • Incentive Bonuses After the Company attains profitability, the Employee shall be eligible to be considered for an annual incentive bonus. Such bonus (if any) shall be awarded based on objective or subjective criteria established in advance by the Board or its Compensation Committee. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding. Except as expressly provided in this Agreement, the Employee shall not be entitled to an incentive bonus if he is not employed by the Company on the date when such bonus is payable.

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Incentive Programs During the Term of Employment, the ------------------ Executive shall be entitled to participate in any annual and long-term incentive programs adopted by the Company and which cover employees in positions comparable to that of the Executive.

  • Short-Term Incentive Compensation In addition to the foregoing Base Salary, the Executive shall be eligible during the Term to receive cash short-term incentive compensation, determined and payable in the discretion of the Compensation Committee of the Board. At least annually, the Compensation Committee shall consider awarding short-term incentive compensation to the Executive.

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • Incentive Compensation During the Term, the Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Compensation Committee from time to time. The Executive’s target annual incentive compensation shall be thirty-five percent (35%) of his Base Salary. To earn incentive compensation, the Executive must be employed by the Company on the day such incentive compensation is paid.

  • Incentive Program Members who are rated as either Level I, Level II or Level III in every phase of the Physical Fitness Test are eligible to participate in the Incentive Program.

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