Price Incentive Sample Clauses

Price Incentive. If the annual average moisture content is * * * or less, rounded to the nearest one-tenth of a percentage point, Seller shall be entitled to a price incentive (on a dry ton basis) as follows: Moisture Content Price Incentive * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Any incentive balance owed to Seller at the completion of a Contract Year shall be added to the first invoice of the subsequent Contract Year. If the amount of the annual incentive exceeds the amount owed by Buyer to Seller at the end of the Term, Buyer shall pay the difference to Seller within forty-five (45) days.
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Price Incentive. A price incentive of [*] in the form of a quarterly rebate ("Incentive") will be paid to Customer should Customer request delivery of and be invoiced for the minimum amounts of Therapeutics and Devices set forth in Schedule C. In the event Baxter is unable to fulfill a lot delivery request of Customer, and said inability impairs Customer's ability to otherwise achieve a minimum quarterly amount of Therapeutics and Devices for any calendar quarter this Agreement is in effect, Customer shall be paid the Incentive for said calendar quarter, except in the event of a Force Majeure Event as described in Paragraph 16. Each Incentive will be paid to Customer based upon purchases of the Therapeutics and Devices made by Customer directly from Baxter or through its agent FFF Enterprises, Inc., as set forth in Section 24 below. The Incentive shall be calculated by the 15th business day of the second month following the close of the preceding quarter commencing on the Effective Date of this Agreement. Each earned Incentive shall be paid in the form of a check payable to Customer, which check shall be issued within [*] days of the end of the calendar quarter. If at the end of any calendar quarter Customer has purchased less than the Incentive amount set forth in Exhibit C for said calendar quarter as evidenced by Bxxxxx'x direct sales reports as well as the trace sales reports, then Customer will not be eligible for an Incentive for that calendar quarter.
Price Incentive. (a) If [***] has (i) [***] of the [***] for [***] set forth in [***] for [***], and (ii) [***] for [***] set forth in [***] for [***], then following the [***], Biosite shall [***] an [***] of the [***] by [***] for the [***]
Price Incentive. If the annual average moisture content is * * * or less, rounded to the nearest one-tenth of a percentage point, Seller shall be entitled to a price incentive (on a dry ton basis) as follows: Moisture Content Price Incentive * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Any incentive balance owed to Seller at the completion of a Contract Year shall be added to the first invoice of the subsequent Contract Year. If the amount of the annual incentive exceeds the amount owed by Buyer to Seller at the end of the Term, Buyer shall pay the difference to Seller within forty-five (45) days.

Related to Price Incentive

  • Annual Incentive The Employee shall be entitled to receive a percentage of the Employee's Target Incentive for the calendar year in which such termination occurs. Such percentage shall equal a fraction, the numerator of which shall be the number of days in such calendar year up to and including the date of such termination and the denominator of which shall be the number of days in such calendar year. Such amount shall be payable according to the normal practice of the Company with respect to the payment of bonuses.

  • Annual Incentive Compensation (a) The Executive shall be eligible to receive annual bonus compensation, if any, as may be determined by, and based on performance measures established by, the Board of Directors upon the recommendation of the Compensation Committee of the Board of Directors (the “Committee”) consistent with the Employer’s strategic planning process and in consultation with the Executive, pursuant to any incentive compensation program as may be adopted from time to time by the Board of Directors, based on recommendations by the Committee (an “Annual Bonus”).

  • Cash 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 cash incentive compensation shall be 40 percent of the Executive’s Base Salary. Except as otherwise provided herein, to earn cash incentive compensation, the Executive must be employed by the Company on the day such cash incentive compensation is paid.

  • Annual Incentive Plan Executive shall be entitled to participate fully in the Company's 1996 Management Incentive Compensation Plan, as amended (the "MICP"), and as may be further amended, modified, or replaced, from time to time, in accordance with the terms and conditions set forth herein and therein.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Cash and Incentive Compensation For clarification, it is understood by all parties that other than as specified herein, the Company is not obligated to award any future grants of stock options or other form of equity compensation to Executive during Executive's employment with the Company.

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Base Salary and Incentive Compensation The Company shall pay to Executive (i) his Base Salary (as in effect as of the date of his termination) and (ii) Incentive Compensation (in an aggregate amount equal to the applicable portion of the cash Incentive Compensation received by the Executive for the most recent fiscal year prior to his termination) as follows: Years of Base Payout Service Salary Incentive Compensation Period Less than one 3 months 25% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 3 months One but less than two 6 months 50% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 6 months Two but less than three 9 months 75% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 9 months Three or More 12 months 100% of the Short Term Incentive Plan award for the most recent full fiscal year prior to termination 12 months To the extent permitted under Code Section 409A, the sum of applicable Base Salary and Incentive Compensation shall be divided into equal monthly payments and paid to the Executive over the applicable Payout Period shown in the table above, depending on the Executive’s years of service at the time of Termination.

  • Annual Incentive Bonus The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.

  • Annual Incentive Award During the Term of Employment, the Executive shall be eligible for an annual incentive award with payout opportunities that are commensurate with his position and duties, as determined by the Compensation Committee in its discretion. Commencing with the Effective Date of the initial Term of Employment, the Executive’s target annual incentive award opportunity will be equal to fifty percent (50%) of the Executive’s Base Salary. The Executive’s annual incentive award opportunities shall be based on Company and individual performance goals determined, and subject to change, by the Compensation Committee in its discretion. The Executive shall be paid his annual incentive award no later than other senior executives of the Company are paid their annual incentive award.

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