Payment of Merit Bonuses Sample Clauses

Payment of Merit Bonuses. During each Season covered by this Agreement, the WNBA and/or the Teams shall pay the merit bonuses set forth in Section 2 below. To be eligible to earn a Team bonus, a player must be on the Regular Season roster of the applicable Team on the last day of the Regular Season; provided, however, that any player who was on the Regular Season roster for two-thirds of the Regular Season games for a Team that makes the playoffs, but not on the Regular Season roster on the last day of the Regular Season for any Team, shall receive a two hundred and fifty dollar ($250) bonus. If a player who is eligible to earn a Team bonus was not on the active or inactive list of such Team for the entirety of the Regular Season, any bonus paid to such player shall be prorated based upon the number of days of the Regular Season that such player was on the active or inactive list of such Team for such Season.
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Payment of Merit Bonuses. During each Season covered by this Agreement, the WNBA and/or the Teams shall pay the merit bonuses set forth in Section 2 below. To be eligible to earn a Team bonus, a player must be on the Regular Season roster (active or inactive) of the applicable Team on the last day of the Regular Season. If a player who is eligible to earn a Team bonus was not on the active or inactive list of such Team for the entirety of the Regular Season, any bonus paid to such player shall be prorated based upon the number of days of the Regular Season that such player was on the active or inactive list of such Team for such Season.
Sample 1

Related to Payment of Merit Bonuses

  • Payment of Compensation Consultant shall submit to City a monthly itemized statement which indicates work completed and hours of Services rendered by Consultant. The statement shall describe the amount of Services and supplies provided since the initial commencement date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement. City shall, within 30 days of receiving such statement, review the statement and pay all approved charges thereon.

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Bonus Payments In addition to Base Salary, Executive shall be entitled, during the Employment Term, to participate in and receive payments from all bonus and other incentive compensation plans (as currently in effect, as modified from time to time, or as subsequently adopted) of the Company; provided, however, that nothing contained herein shall grant Executive the right to continue in any bonus or other incentive compensation plan following its discontinuance by the Board (except to the extent Executive had earned or otherwise accumulated vested rights therein prior to such discontinuance).

  • 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.

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