Incentive Potential Sample Clauses

Incentive Potential. Incentive compensation is paid in addition to the yearly base salary amount. The total potential fiscal year Incentive compensation is twenty thousand dollars ($20,000) pro-rated by FTE. Depending on the Incentive components, Incentive compensation will be paid out on a quarterly or annual fiscal year basis based on achievement of individual and/or team criteria. Applicable payments will be made within thirty (30) days of the end of the fiscal quarter or within thirty (30) days of the end of the fiscal year. The Employer retains the right, in its sole discretion, to increase to the total dollar amount of potential Incentive compensation however the total potential Incentive amount will not be decreased below twenty thousand dollars during the term of this Agreement.
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Incentive Potential. Incentive compensation is paid in addition to the yearly base salary amount. The total potential fiscal year Incentive compensation is twenty thousand dollars ($20,000) pro-rated by FTE. Depending on the Incentive components, Incentive compensation will be paid out on a quarterly or annual fiscal year basis based on achievement of individual and/or team criteria. Applicable payments will be made within thirty
Sample 1
Incentive Potential. Effective fiscal year 2023 the incentive compensation is paid 19 in addition to the yearly base salary amount. The total potential fiscal year Incentive 20 compensation is ten thousand dollars ($10,000) pro-rated by FTE. 21 • 50% of the incentive components for this incentive potential shall be based 22 on achievement of 83% attendance in person or virtually, at PHM monthly 23 business meetings. For nocturnist, this metric shall be 83% attendance at the 24 regular nocturnist meetings. 25 • 50% of the incentive component shall be for 90% of discharge summaries 26 complete within 36-hours of discharge for Primary Rounders or 90% of 27 Emergency Department admission orders placed within 30-minutes of 28 accepting patient for Primary Admitters. 29 In addition, depending on the Incentive components, Incentive compensation will 30 be paid out on a semi-annual basis based on achievement of individual criteria. 31 Applicable payments will be made within thirty (30) days of the end of the fiscal 32 quarter or within thirty (30) days of the end of the fiscal year. The Employer retains 33 the right, in its sole discretion, to increase to the total dollar amount of potential 1 Incentive compensation however the total potential Incentive amount will not be 2 decreased below ten thousand dollars ($10,000) during the term of this Agreement. 3 The metrics for any amount above the ten thousand dollars ($10,000) shall be 4 determined at the sole discretion of the Hospital. For fiscal year 2022 the bonus 5 potential shall remain at $30,000 and will continue to be paid on a quarterly basis.
Sample 1

Related to Incentive Potential

  • 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 Incentives Provided that sufficient funds are available from athletics revenue or gifts for the unrestricted use of the Department of Athletics, Athletics Director shall be entitled to receive additional non-salary compensation from the University in the form of the following stated bonuses for increased responsibilities, provided that all varsity sports are in compliance with all Governing Athletics Rules and University Rules, and there are no pending or active NCAA or __________ Conference investigations or major violations of which Athletics Director knew or should have known. [Insert Incentives – See examples below

  • 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 initial target annual incentive compensation shall be 40 percent of his Base Salary (the “Target Annual Incentive Compensation”). Except as otherwise provided herein, to earn incentive compensation, the Executive must be employed by the Company on the day such incentive compensation is paid.

  • 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 55 to 59 100% 60 80% 61 60% 62 40% 63 20% 64 0%

  • Performance Incentive 4.9.1 If the Seller delivers Coal to the Purchaser in excess of ninety percent (90%) of the ACQ in a particular Year, the Purchaser shall pay the Seller an incentive (“Performance Incentive”/ “PI”), to be determined as follows: PI = P x Additional Deliveries x Multiplier Where: PI = The Performance Incentive payable by the Purchaser to the Seller P = The Base Price of Highest Grade, as shown in Schedule II Additional Deliveries = Quantity [in tonnes] of Coal delivered by the Seller in the relevant Year in excess of 90% of the ACQ. Multiplier shall be 0.15 for Additional Deliveries between 90%-95% of ACQ and 0.30 for Additional Deliveries in excess of 95% of ACQ.

  • Productivity Incentive In addition to the Minimum Milk Price, you will be paid a Productivity Incentive based on the total number of milk solids in your milk that you supply to DFMC each Month during the Term that complies with the Quality Standards. The Productivity Incentive will be paid at the rates set out in Item 5 of the Details.

  • Performance Bonus If Employee's employment is terminated by Employee with cause, or by Bank without cause, Employee shall be paid, in addition to the amounts payable under Sections 3.5 and 3.6 of the Agreement: (i) all non-forfeitable deferred compensation, if any; and (ii) unpaid performance bonus payments, if any, payable under Section 4.2 of the Agreement, which shall be declared earned and payable based upon performance up to, and shall be pro-rated as of, the date of termination. Employee shall not be entitled to such unpaid performance bonus payments if Employee's employment is terminated by Bank with cause, or by Employee without cause.

  • 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.

  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee.

  • 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.

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