RECAPTURE OF INCENTIVES Sample Clauses

RECAPTURE OF INCENTIVES. BioIQ agrees that should it violate the conditions of this Agreement, fail to complete the Project, or relocate or be annexed during the period for which the incentives are granted, it will immediately reimburse County for the full value of any and all incentives received hereunder. If any incentive provided to BioIQ is later determined to be illegal, unenforceable or invalid, BioIQ agrees to promptly reimburse the County for the full value of any and all incentives provided hereunder.
Sample 1
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RECAPTURE OF INCENTIVES. The Company agrees that should it violate the conditions of this Agreement, fail to complete the Project, or relocate or be annexed during the period for which the incentives are granted, it will immediately reimburse County for the full value of any and all incentives received hereunder. If any incentive provided to the Company is later determined to be illegal, unenforceable or invalid, the Company agrees to promptly reimburse the County for the full value of any and all incentives provided hereunder.
Sample 1
RECAPTURE OF INCENTIVES. Home Depot agrees that should it violate the conditions of this Agreement, fail to complete the Project, or relocate its business outside of the County or be annexed during the Incentives Period, it will immediately reimburse County for the full value of any and all incentives received by Home Depot hereunder within thirty (30) days of the receipt from the County of a written notice of such violation. If any incentive provided to Home Depot is later determined to be illegal, unenforceable or invalid, Home Depot agrees to promptly reimburse the County for the full value of any and all incentives received by Home Depot hereunder.
Sample 1
RECAPTURE OF INCENTIVES. Xxxxxxxxx & Xxxxxx agrees that should it violate the conditions of this Agreement or relocate or be annexed during the period for which the incentives are granted, it will immediately reimburse County for the full value of any and all incentives received hereunder. If any incentive provided to Xxxxxxxxx & Gorrie is later determined to be illegal, unenforceable or invalid, Xxxxxxxxx & Xxxxxx agrees to promptly reimburse the County for the full value of any and all incentives provided hereunder.
Sample 1
RECAPTURE OF INCENTIVES. Edison at Xxxxxxxx agrees that should it violate the conditions of this Agreement, fail to complete the Project, or relocate or be annexed during the period for which the incentives are granted, it will immediately reimburse County for the full value of any and all incentives received hereunder. If any incentive provided to Edison at Xxxxxxxx is later determined to be illegal, unenforceable or invalid, Edison at Xxxxxxxx agrees to promptly reimburse the County for the full value of any and all incentives provided hereunder.
Sample 1

Related to RECAPTURE OF INCENTIVES

  • 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.

  • Equity Incentive Compensation Upon the Closing, each incentive award in respect of the common stock of Seller Parent (a “Seller Parent Equity Award”) held by a Transferred Employee shall become vested or eligible to vest (subject to the satisfaction of any applicable performance goals) in a prorated amount, determined based on the number of days in the applicable vesting period elapsed as of the Closing Date. Effective as of the Closing, Purchaser or its Affiliates shall grant to each Transferred Employee an equity- or cash-based incentive award (a “Make-Whole Award”) with a grant date fair value that is no less favorable than the value of the portion of the Seller Parent Equity Awards forfeited by the Transferred Employee in connection with the Closing (which forfeited amount shall be disclosed to Purchaser Parent no later than five (5) Business Days prior to the Closing), which Make-Whole Award shall have terms and conditions that are no less favorable than the terms and conditions (including vesting schedule and accelerated vesting terms) that were applicable to the corresponding Seller Parent Equity Award. In the event that the post-Closing transfer of a Delayed Transfer Employee results in a larger portion of the Seller Parent Equity Awards held by such Delayed Transfer Employee becoming vested upon such Delayed Transfer Employee’s transfer of employment than if the employment of such Delayed Transfer Employee had transferred upon the Closing, then the incremental cost of such additional vesting (which cost shall be measured based on the taxable income the Delayed Transfer Employee either realized or would have realized had such awards been settled or exercised upon such Delayed Transfer Employee’s transfer of employment to Purchaser or its Subsidiaries) shall be considered Purchaser Assumed Employee Liabilities.

  • Equity Incentives To the extent the Company adopts and maintains a share incentive plan, the Executive will be eligible to participate in such plan pursuant to the terms thereof.

  • Travel Compensation The Contractor shall not be compensated or reimbursed for travel time, travel expenses, meals, or lodging.

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

  • 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.

  • 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. b) The Executive shall be eligible to receive grants under the Company's long-term incentive plans as in effect from time to time; provided, however, that the size, type and other terms and conditions of any such grant to the Executive shall be determined by the Compensation Committee.

  • Bonuses Executive shall be entitled to participate in discretionary bonuses or other incentive compensation programs that the Company and the Bank may award from time to time to senior management employees pursuant to bonus plans or otherwise.

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following:

  • Sick Leave Incentive The City will institute a sick leave incentive based on the usage of the bargaining unit; further, the City will pay each person who qualifies during January of each year. The incentive will be calculated and monitored by the Personnel Department and will be based on the pay periods during a calendar year. The incentive shall be awarded only when the bargaining unit's average sick leave usage is less than the City average and the following conditions are met: When the bargaining unit's sick leave usage is greater than forty (40) hours but less than the City average, the City will pay each member using between zero (0) and sixteen (16) hours of sick leave, eight (8) hours pay and any member using more than sixteen (16) but equal to or less than twenty-four (24) hours, four (4) hours pay. When the bargaining unit's average sick leave usage is equal to or less than forty (40) hours, the City will pay each member who used between zero (0) and sixteen (16) hours, sixteen (16) hours of pay at their current hourly rate. Those members who used more than sixteen (16) but equal to or less than twenty-four (24) hours, will receive eight (8) hours of pay.

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