PROJECT INCENTIVE PAYMENT Sample Clauses

PROJECT INCENTIVE PAYMENT a) In any week where an employee is ready, willing and available to work in accordance with their contract of employment and the company's lawful requirements and in particular, strictly following the procedures for resolving grievances as provided for in Subclause 6.1 and Subclause 7.1 of this Agreement, an additional payment of $165.00 per completed week of service on site will be accrued by the employee and paid out on completion of the employees employment on the project. This payment shall increase to $180.00 from 1 July 2009.
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PROJECT INCENTIVE PAYMENT a) In any week where an employee is ready, willing and available to work in accordance with the Company’s lawful requirements and in particular, strictly following the procedures for resolving grievances as provided for in Clause 5.1 of this Agreement, an additional payment of $195.00 per completed week of service on site will be accrued by the employee and paid out on completion of the employee’s employment on the Project. Provided that where the employee and the Company agree, payment of this amount shall be made at the end of each four weekly cycle when proceeding on R&R in accordance with subclause 3.13. Such agreement will not be unreasonably withheld by the Company. This payment will increase to $210.00 per completed week of service on site from the first pay period commencing on or after 1 April 2013 and to $215.00 per completed week of service on site from the first pay period commencing on or after 1 April 2015.

Related to PROJECT INCENTIVE PAYMENT

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 55 to 59 100% 60 80% 61 60% 62 40% 63 20% 64 0%

  • 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.

  • Performance Improvement Plan timely and accurate completion of key actions due within the reporting period 100 percent The Supplier will design and develop an improvement plan and agree milestones and deliverables with the Authority

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then

  • 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.

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