Participation Incentive Sample Clauses

Participation Incentive. To encourage participation in the program and improve health and fitness, any member employed by the City as of December 9, 2005, who participates in the PFT for the first time, who is not rated at least Level I, Level II, or Level III in every phase of the PFT, will receive one (1) additional day of vacation (8 hours) during the year of initial participation.
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Participation Incentive. To encourage participation in the fitness program all employees who do not reach a level I fitness level but are able to demonstrate an improvement in their overall fitness will receive an incentive of $200. This incentive, will be a (1) one-time payment each year and will not be added to an employee’s base salary. All participation incentives will be paid in the first pay period of June each year.

Related to Participation Incentive

  • 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

  • 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.

  • Bonus The Executive shall be eligible for Bonuses determined by the Board.

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