Incentive Percentage Sample Clauses

Incentive Percentage. 44 6.3.3 TAX CHANGES. . . . . . . . . . . . . . . . . . . . . . 45 6.4
Sample 1Sample 2
AutoNDA by SimpleDocs
Incentive Percentage. The Incentive Percentage for a Policy Year will be based on the Performance Experience for such Policy Year in accordance with the following table: INCENTIVE PERCENTAGE -------------------------------------- FIRST THIRD AND PERFORMANCE TWO FOLLOWING EXPERIENCE POLICY YEARS POLICY YEARS ---------- ------------ ------------ (***) The Incentive Percentage shall be interpolated to the nearest one-thousandth of one percent if the Performance Experience falls between the ranges specified in the foregoing table. The Incentive Percentage applicable at any time during *** Denotes confidential information that has been omitted from the exhibit and filed separately accompanied by a confidential treatment request with the SEC pursuant to Rule 24b-2 of the Exchange Act.
Sample 1Sample 2
Incentive Percentage. Unless otherwise agreed in writing by the parties from time to time, and as limited by (5) below, the Incentive Percentage for any calendar year shall be determined by agreement of the parties, made simultaneously with the agreement upon the Drug Trend for that year. The parties currently agree that the Incentive Percentage shall be twenty percent (20%).
Sample 1
Incentive Percentage. The parties agree that, beginning with Policy Year 2003, *** of United's Risk and Profit Charge for xxxx Xxxxxx Xxxx xxxxx xx tied to performance standards set forth in Exhibit 3.2.5, which *** Represents text deleted pursuant to a confidentiality treatment request filed with the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended. shall be revised by ASI and United by March 31, 2003 to reflect the parties' mutual understanding of the applicable performance standards and allocated percentages at risk based on performance. The parties agree that *** of the *** at risk annually shall be tied to achieving the pricing standard of maintaining an average rate increase of less than ***. The Incentive Percentage applicable at any time during a Policy Year shall be determined by reference to United's best estimate of the year-to-date performance. 4. By June 30, 2003, the parties shall (1) review the impact of the increase in AARP royalty and United risk and profit compensation on rates and competitive position and (2) reach agreement on a recommendation to the AARP Trust regarding United risk and profit compensation for Policy Years 2004 through 2007 with a target in the range of *** to *** of Member Contributions for each such Policy Year, depending on the treatment of the risk and profit component of the Administrative Service Fee. By November 30, 2003, the parties shall complete their review of the impact of the increase in AARP royalty and United risk and profit compensation on rates and competitive position and agree on implementation. 5. Except as amended hereby, all other terms and conditions of the Agreement shall remain in full force and effect.
Sample 1

Related to Incentive Percentage

  • Share Class Annual Compensation Rate Class R-1 1.00% Class R-2 0.75% Class R-2E 0.60% Class R-3 0.50% Class R-4 0.25% Class R-5 No compensation paid Class R-5E No compensation paid Class R-6 No compensation paid If you hold Plan accounts in an omnibus account (i.e., multiple Plans in one account on the books of the Funds), Plans that are added to the omnibus account after May 15, 2002 may invest only in R shares, and you must execute an Omnibus Addendum to the Selling Group Agreement, which you can obtain by calling our Home Office Service Team at 800/421-5475, extension 8.

  • 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.

  • Annual Performance Bonus During the Employment Term, the Executive shall be entitled to participate in the STIP, with such opportunities as may be determined by the Chief Executive Officer in his sole discretion (“Target Bonuses”), and as may be increased (but not decreased, except for across-the-board reductions generally applicable to the Company’s senior executives) from time to time, and the Executive shall be entitled to receive full payment of any award under the STIP, determined pursuant to the STIP (a “Bonus Award”).

  • Bonus Amount For purposes of this Agreement, "Bonus Amount" shall mean the greater of (a) the target annual bonus payable to the Executive under the Incentive Plan in respect of the fiscal year during which the Termination Date occurs or (b) the highest annual bonus paid or payable under the Incentive Plan in respect of any of the three full fiscal years ended prior to the Termination Date or, if greater, the three (3) full fiscal years ended prior to the Change in Control.

  • 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.

  • PERCENTAGE GOAL The goal for Historically Underutilized Business (HUB) participation in the work to be performed under this contract is 23.7 % of the contract amount.

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .

  • Incentive Bonus During the Term, Employee shall be eligible to receive an incentive bonus up to the amount, based upon the criteria, and payable in such amount, at such times as are specified in Exhibit A attached hereto. The manner of payment, and form of consideration, if any, shall be determined by the Compensation Committee of the Board, in its sole and absolute discretion, and such determination shall be binding and final. To the extent that such bonus is to be determined in light of financial performance during a specified fiscal period and this Agreement commences on a date after the start of such fiscal period, any bonus payable in respect of such fiscal period's results may be prorated. In addition, if the period of Employee's employment hereunder expires before the end of a fiscal period, and if Employee is eligible to receive a bonus at such time (such eligibility being subject to the restrictions set forth in Section 6 below), any bonus payable in respect of such fiscal period's results may be prorated.

  • Discount Percentage The Discount Percentage shall be based upon the monthly average of the net assets of all of the funds on Master Schedule A to Management Contracts (“Group Assets”), as may be updated from time to time, and the monthly average of the net assets of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. After determination of the average Group Assets tier bound level in Master Schedule B to Management Contracts, as may be updated from time to time, which is hereby incorporated by reference into this Contract, the Discount Percentage shall be determined on a cumulative basis pursuant to the schedule set forth in Master Schedule B to Management Contracts.

  • 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.

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