R&D Tax Incentive Sample Clauses

R&D Tax Incentive. The Parties must co-operate fully with each other to assist any other Party (if it is an R&D entity) to claim the R&D Tax Incentive, by working together to the extent necessary to develop a ratio for calculation of the proportion of Contributions from the Collaborator to the Project that have been expended on either: a. Core R&D activities (as defined under section 355-25 of the Income Tax Assessment Act 1997); or b.Supporting R&D activities (as defined under section 355-30 of the Income Tax
R&D Tax Incentive. To assist certain Participants claim the R&D Tax Incentive, the Recipient must expend (or allocate) contributions from Participants on (or to) R&D activities, as defined under subdivision 355B section 355-20 of the Income Tax Assessment Act 1997 and maintain records of the date when such expenditure on which R&D activities occurred.
R&D Tax Incentive. To assist certain Participants to claim the R&D Tax Incentive, the Company agrees that it will, in conjunction with relevant parties: (a) expend (or allocate) contributions on (or to) R&D activities, as defined under subdivision 355B section 355-20 of the Income Tax Assessment ▇▇▇ ▇▇▇▇; (b) inform parties that are R&D entities, as defined under section 355-35 of the Income Tax Assessment ▇▇▇ ▇▇▇▇, of R&D activities conducted during an income year; and (c) report to parties that are R&D entities a ratio for working out how the contributions of those parties are to be apportioned between: (i) core R&D activities (as defined under section 355-25 of the Income Tax Assessment Act 1997) and; (ii) supporting R&D activities (as defined under section 355-30 of the Income Tax Assessment Act 1997).
R&D Tax Incentive. To assist certain Participants to claim the R&D Tax Incentive, the Defence CRC must expend (or allocate) contributions from Participants on (or to) R&D activities, as defined under subdivision 355B section 355-20 of the Income Tax Assessment Act 1997 and maintain records of the date when such expenditure on which R&D activities occurred.

Related to R&D Tax 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 Payment The Executive shall participate in the Company's Management Incentive Plan (or such alternative, successor, or replacement plan or program in which the Company's principal operating executives, other than the Chief Executive Officer, generally participate) and shall have a targeted incentive thereunder of not less than $240,000 per year; provided, however, that the Executive's actual incentive payment for any year shall be measured by the Company's performance against goals established for that year and that such performance may produce an incentive payment ranging from none to 200% of the targeted amount. The Executive's incentive payment for any year will be appropriately pro-rated to reflect a partial year of employment.

  • Performance Incentive 4.10.1 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. 4.10.2 With respect to part of a Year in which the term of this Agreement begins or ends, the relevant quantities in Clause 4.10.1, except the Multiplier, shall apply pro-rata. 4.10.3 Within thirty (30) days of expiry of a Year, the Seller shall submit an invoice to the Purchaser with respect to the PI payable in terms of Clause 4.10.1 and the Purchaser shall pay the amount so due within thirty (30) days of the receipt of the invoice. In the event of non-payment of PI by the due date, the Seller shall have the right to suspend Coal supplies without absolving the Purchaser of its obligations under this Agreement.

  • 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.

  • 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.