Payment of Incentive. The Incentive payable under this Agreement shall be paid within the 30-day period immediately following the six month anniversary date of the Closing Date, or within 30 days of an event which makes the Employee eligible for a payment under Paragraph 5. When paid, the Incentive will be subject to normal and required deductions and withholdings. The Incentive will not qualify as earnings under any pension plan or for any other employee benefit purpose.
Payment of Incentive. 4.1 The TJIF program is a performance based incentive program; therefore, verification of the new jobs created, capital investment made by the Company, and the additional general fund tax revenue generated to Miami-Dade County must be verified by the County prior to any disbursement of funds to the Company. This procedure must be repeated each year that the Company submits a claim for the TJIF payment. The year that is applicable for consideration of taxes paid-in resulting in the additional general fund tax revenue is April 1 through March 31. Company award claims must be submitted each year during the period of April 1 through May 15. Any award appropriation, if made by the Miami- Dade County Board of County Commissioners will be paid in the County’s fiscal year that begins on October 1 following the May 15 claims-submission deadline date.
Payment of Incentive. The retirement incentive shall be paid in two equal installments. 50% of the incentive shall be paid within thirty days of the actual retirement date with the other 50% of the incentive to be paid within thirty days of the next calendar year. Both payments shall be paid by the District as a Non-Elective Employer Contribution to a 403(b) program able to accept such amounts, subject to the contribution limits as outlined in the Internal Revenue Code. The first and second installments will be directed to the 403(b) fund up to the amount determined by applying the maximum allowable contribution limits of IRS 415(c) as it applies to IRS section 403(b) programs. The remainder, if any, of the incentive shall be paid to the employee in the form of taxable compensation and reported on the employee’s W-2, wage and withholding statement. Employees will be notified of payments to the 403(b) fund within ten working days of each installment. The district will select a 403(b) provider approved by the NDA as long as there is such a qualified provider for remittal of non-elective employer contributions. Should there not be such a qualified provider approved by the NDA at any time, the District and the NDA will mutually determine and agree to a sole 403(b) provider for remittal of non-elective employer contributions. Until such agreement between the District and the NDA is reached, the District shall select a sole 403(b) provider for remittal of non-elective employer contributions. This provider may be changed through mutual agreement but must be utilized by everyone eligible on a prospective basis. In the event that a change in Federal or State Law preclude the employer from contributing the retirement incentive to tax sheltered account, thereby obviating the intent of this agreement, the payment of the retirement incentive shall be paid directly to the employee through payroll, in two equal installments as outlined above, as taxable compensation and reported on the employee’s W-2.
Payment of Incentive. The IESO agrees to pay the Engineering Study Incentive to the Participant in two payments as follows:
Payment of Incentive. PURCHASE OF DEBENTURES
Payment of Incentive. Management Fee and Contingent Incentive ------------------------------------------------------------ Management Fees from Operating Profit ------------------------------------- The payment of the Incentive Management Fee with respect to each Fiscal Year (and with respect to each Accounting Period thereof) shall be payable out of Operating Profit in accordance with the following sequence of computations, and no Incentive Management Fee shall be deemed earned or accrued until sufficient Operating Profit is available for actual payment thereof:
Payment of Incentive. (a) For the first two Assessment Periods, the IESO will pay the Energy Manager Incentive as follows:
Payment of Incentive. (a) Subject to clause (b) and (c) below, Energex will credit you AUD $20.00 per PeakSmart™ Compatible Air-Conditioner sold to a customer who participates in the Project (the ‘incentive’) upon acceptance by Energex of the Customer Application Form that identifies you as the ‘appliance retailer’ (in Section B). Note that for identification purposes a legible copy of a valid receipt which clearly identifies the retail outlet must be attached to the Customer Application Form. Energex reserves the right to refuse crediting you with an incentive if a customer does not attach such copy of a receipt to the Customer Application Form.
Payment of Incentive. (a) As a condition to receiving the Retrofit Incentive, for each Project, the Participant will continue to meet, and to ensure that the applicable Project meets, the eligibility criteria set out in Exhibit "A".
Payment of Incentive. Customer must comply with all terms and conditions of this Agreement in order for Customer to receive the Incentive, including, without limitation, meeting all deadlines and conditions established by the Project Advancement Schedule and the M&V Schedule, submitting to SoCalGas all applicable documents identified in the Project Advancement Schedule and the M&V Schedule prior to each of the established deadlines, and installing and operating the System in accordance with the Application and this Agreement. In the event that all required deliverables and documentation are not timely received by SoCalGas or the System is not completely installed and operational in accordance with the Application and this Agreement, the Application and this Agreement, including SoCalGas' obligation to pay the Incentive, are void and of no further force or effect. Each document submitted by Customer shall be reviewed, and, if appropriate, approved by SoCalGas. Customer must also ensure that SoCalGas and/or its consultants have access to the Project Site for inspections of the System and measurement and validation data collection. Customer understands and agrees that SoCalGas shall pay the Incentive to Customer in two (2) payments, each of which is specifically conditioned upon Customer’s satisfaction of the applicable requirements under this Agreement, including the specific requirements set forth below:
