Incentive Payment BC Sample Clauses

Incentive Payment BC a. Incentive Payment BC shall be available to Settling States that do not qualify for Incentive Payment A.
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
Incentive Payment BC. If a Settling State does not qualify for Incentive Payment A, it may still qualify to receive up to fifty-nine percent (59%) of the Settling State’s Overall Allocation Percentage of the Remediation Payment under Incentive Payment BC. A Settling State may earn Incentive Payment BC in Payment Years 1 through 3 and may receive, when combined with the Settling State’s Base Payment, a maximum of up to 97% of the Settling State’s Overall Allocation Percentage of the Remediation Payment. Eligibility for Incentive Payment BC is as follows:‌
Sample 1Sample 2
Incentive Payment BC. Incentive Payment BC as defined in the Walgreens National Settlement shall be paid by Walgreens under the Texas Settlement. Solely for the purpose of calculating eligibility for Incentive BC and Incentive Payment D under the Texas Settlement, the Subdivisions that participate in the Walgreens National Settlement shall be treated as though they are Texas Settlement Participating Subdivisions. Consistent with the Walgreens National Settlement, Incentive Payment BC under the Texas Settlement shall be earned starting at 85% subdivision participation and shall increase for each additional 1% of subdivision participation. The maximum Incentive Payment BC payment is $181,496,341. Exhibit B-2 sets forth the maximum payments to be made by Walgreens pursuant to the Walgreens National Settlement and the Texas Settlement if Texas does not meet the criteria for Incentive Payment A.
Sample 1

Related to Incentive Payment BC

  • 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 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

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

Time is Money Join Law Insider Premium to draft better contracts faster.