Performance Incentives and Disincentives Sample Clauses

Performance Incentives and Disincentives. HHSC has included several financial and non-financial performance incentives and disincentives on this Contract. These incentives and disincentives are subject to change by HHSC over the course of the Contract. The MCO is prohibited from passing down financial disincentives and/or sanctions imposed on the MCO to health care providers, except on an individual basis and related to the individual provider’s inadequate performance.
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Performance Incentives and Disincentives. HHSC introduces several financial and non-financial performance incentives and disincentives through this Contract. These incentives and disincentives are subject to change by HHSC over the course of the Contract Period. The methodologies required to implement these strategies will be refined by HHSC after collaboration with contracting HMOs through a new incentives workgroup to be established by HHSC.
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Performance Incentives and Disincentives. 2912 Pursuant to conditions and standards described in Attachment I, performance incentives (in the 2913 form of monetary payments to the Contractor) may be awarded to Contractor for excellent 2914 performance related to minimal missed pick-up initial complaints, high diversion levels, and 2915 minimal call center average hold time. Any performance incentive for achievement of the 2916 performance standards in Attachment I shall be added to Contractor’s approved compensation 2917 during the Rate Year following the award of the performance incentive. Pursuant to conditions 2918 and standards described in Attachment I, performance disincentives (in the form of deferred 2919 compensation to the Contractor) may be assessed by the Agency for substandard performance 2920 related to: diversion level attained (i.e., Single-Family and Commercial sectors), Contamination 2921 Level (i.e., Targeted Recyclable Materials, Residential and Commercial Organic Materials, and 2922 Commercial Plant Materials), Missed Pick-Up Initial Complaints, Missed Pick-Up Collection 2923 Events, Average Hold Time, and Calls Answered in Three (3) Minutes. Any performance 2924 disincentive payment for substandard performance as specified in Attachment I shall be deducted 2925 from Contractor’s approved compensation during the Rate Year following assessment of the 2926 performance disincentive. {Note to Proposers: This section describes an optional 2927 incentive/disincentive mechanism. One or more Member Agencies may choose to include some 2928 or all of these provisions in their Collection Agreement depending on their goals to manage 2929 Contractor’s performance and related costs.}
Sample 1
Performance Incentives and Disincentives. 1358 Contractor shall submit an annual report on the Performance Incentives and Disincentives detailed in 1359 Attachment H with submittal of its annual reports to the Regional Agency Contract Manager and RA 1360 Members pursuant to Section 7.3B. Contractor shall pay the RA Member, or the RA Member shall pay 1361 Contractor the net amount, if any, due for Performance Incentives and Disincentives calculated pursuant 1362 to Section 11.6, and Attachment H. 1363 ARTICLE 10: INDEMNIFICATION, INSURANCE AND PERFORMANCE BOND 1364 10.1 INDEMNIFICATION
Sample 1

Related to Performance Incentives and Disincentives

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Annual Incentive Awards The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

  • 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 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.

  • 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.

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