Production Goals Clause Samples

Production Goals. Marketing Company agrees to use reasonable efforts to cause General Agents to solicit applications for Insurance Business to be issued by MGLIC for not less than the following aggregate cumulative First Year Premiums ("Cumulative Production Goals") on or before the following Target Dates (herein so-called): TARGET DATES CUMULATIVE PRODUCTION GOALS December 31, 1996 2,000,000 December 31, 1997 4,000,000 December 31, 1998 6,000,000 December 31, 1999 8,000,000 December 31, 2000 10,000,000

Production Goals. (a) The goals for the Monthly Rail Production Bonus are based on the time taken to unload trains. Minimum, target and stretch goals for time taken to unload trains are as per below. The Monthly Rail Production Bonus payment will be one of the following: (i) $130 for each employee if 75% of all trains that month are unloaded in a time of 125 minutes or less; (ii) $220 for each employee if 77% of all trains that month are unloaded in a time of 125 minutes or less; and (iii) $320 for each employee if 81% of all trains that month are unloaded in a time of 125 minutes or less. If, during the life of the Agreement, the wagon configurations change from the current amount of one-hundred and twenty four (124) wagons, then the target time of 125 minutes will be proportionately adjusted. (b) The Monthly Shipping Production Bonus will be paid based on $10 per ship that achieved the Planned Gross Loading Rate or greater for that ship. The Planned Gross Loading Rate is determined by logistics for each ship, and is specified in the ‘ships file’. Actual Gross Loading Rate is determined by dividing the tonnes loaded onto a ship by the time taken to load those tonnes. Time taken to load a ship is determined by “Completion Load Time minus Commence Load Time”. (c) The Annual Continuous Improvement Target is $1000 and is paid quarterly on achieving annual Continuous Improvement Target improvements identified and completed by the EA Team members.

Production Goals. Marketing Company agrees to use reasonable efforts ---------------- to cause General Agents to solicit applications for Insurance Business to be issued by GSL for not less than the following aggregate cumulative First Year Premiums ("Cumulative Production Goals") on or before the following Target Dates (herein so-called): TARGET DATES CUMULATIVE PRODUCTION GOALS ------------ --------------------------- December 31, 1998 $ 2,000,000 December 31, l999 $ 5,000,000 December 31, 2000 $ 8,000,000 December 31, 2001 $11,500,000 December 31, 2002 $15,000,000

Production Goals a. ArQule shall use reasonably diligent efforts to achieve all Production Goals during the Agreement Period. For purposes of determining satisfaction of Production Goals, “Pfizer Compounds” shall mean only those compounds produced pursuant to the Collaboration Program.

Production Goals a. ArQule shall use reasonably diligent efforts to achieve all Production Goals during the Agreement Period. For purposes of determining satisfaction of Production Goals, "Pfizer Compounds" shall mean only those compounds produced pursuant to the Collaboration Program. b. Compounds produced during the Agreement Period that fail to satisfy the specifications identified in the Project Plan will not count towards ArQule's Production Goals and, subject to the cure provision set forth in Section 4.1(b), ArQule will destroy any such compounds, unless Pfizer notifies ArQule to the contrary in writing, within thirty (30) days of the end of the Calendar Quarter in which such compounds were produced. c. Pfizer shall have the right to * Pfizer Compounds in the Production Goals anytime after the * anniversary of the Effective Date, by delivering * prior written notice to ArQule, provided that (i) in no event may Pfizer decrease the number of Pfizer Compounds in the Production Goals below * Pfizer Compounds per calendar year, (ii) no decrease may exceed a * Pfizer Compound total decrease in any calendar year, and (iii) the amount and timing of any increase shall be agreed upon by the Steering Committee.