Reward Points Accrual Sample Clauses

Reward Points Accrual. (a) XXX Xxxxx SBI Credit Cardholder shall earn 1% Reward Points on all spends charged to his/ her OLA Money SBI Credit Card. - Cardholder shall earn total of 7% Reward Points on OLA rides. - Earn additional 8% Reward Points on all Ola rides for the first year during the offer period. - Reward Points earned would be rounded off to the lower whole number applicable. For eg.The Cardholder shall earn 17 Points for Rs. 250 spent on OLA Cabs. - Reward Points on OLA spends will be subject to a capping of 000 Xxxxxx Xxxxxx per statement cycle. - Additional Reward Points earned by eligible customers on OLA spends will be subject to an additional capping of 000 Xxxxxx Xxxxxx per statement cycle. (b) For OLA Money SBI Credit Card all spending charged to the SBI Card under the Program will be eligible to earn Points except the following - - transactions on Cleartrip (to be identified basis Merchant Identifiers applicable to respective brands) -Flexipay -Merchant EMI i.e. EMI’s availed at the time of purchase at Merchant establishment or websites (Reward Points reversed for Flexipay/Merchant EMI will be credited back to account only when the respective Flexipay/Merchant EMI has been successfully cancelled by the cardholder. In the event of Foreclosure of Flexipay/Merchant EMI, no Reward Points will be credited back in any scenario.) - *E-wallet loading transactions under MCCs 6540 & 6541 w.e.f 1st July 2020 (*All identification of eligible and non-eligible transactions regarding Rewards by SBICPSL are on a best effort basis and may be subject to technical glitches) - balance transfers - cash advances - financial charges (e.g., late payment fee, dishonoured cheque charges, service fee, transaction charges) - disputed transactions - any purchases at petrol pumps/ service stations (c) A Cardholder cannot accrue Points for any charge incurred prior to his/her Enrolment Date. (d) Points accumulated by a Cardholder on an SBI Card cannot be combined or used in conjunction with Points of his/her other SBI Cards at the time of redemption or transferred to any other customer loyalty program unless otherwise notified by SBICPSL. (e) The Reward Points that are accrued on your Card account shall be immediately forfeited on the occurrence of any of the following events: - The Cardholder fails to make the payment on the card which is due for a period greater than 90 days. - The Cardholder fails to make the payment of the outstanding dues on its Card account and opts for settlement of...
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Related to Reward Points Accrual

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

  • Share Class Annual Compensation Rate Class R-1 1.00% Class R-2 0.75% Class R-2E 0.60% Class R-3 0.50% Class R-4 0.25% Class R-5 No compensation paid Class R-5E No compensation paid Class R-6 No compensation paid If you hold Plan accounts in an omnibus account (i.e., multiple Plans in one account on the books of the Funds), Plans that are added to the omnibus account after May 15, 2002 may invest only in R shares, and you must execute an Omnibus Addendum to the Selling Group Agreement, which you can obtain by calling our Home Office Service Team at 800/421-5475, extension 8.

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Maximum Accrual Vacation credit may be accumulated to a maximum that can be earned in four (4) years. Further accumulation will not continue when the maximum is reached. When an employee’s vacation reaches the maximum level, and if the employee has been denied vacation during the twelve (12) months, the employee will be paid for the time denied but no more than eighty (80) hours in a pay period. 80 hours 320 hours 120 hours 480 hours 160 hours 640 hours 180 hours 720 hours 200 hours 800 hours 240 hours 960 hours

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Vacation Accrual Rates Laid off employees who are re-employed shall have the vacation accrual rate they held immediately prior to layoff restored.

  • Annual Performance Bonus During the Employment Term, the Executive shall be entitled to participate in the STIP, with such opportunities as may be determined by the Chief Executive Officer in his sole discretion (“Target Bonuses”), and as may be increased (but not decreased, except for across-the-board reductions generally applicable to the Company’s senior executives) from time to time, and the Executive shall be entitled to receive full payment of any award under the STIP, determined pursuant to the STIP (a “Bonus Award”).

  • 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 (a) Members who are rated at Level II in all phases of the PFT will receive three hundred dollars ($300.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (2) For any calendar year in which fifty percent (50%) 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: (a) Members who are rated at Level II in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive nine hundred dollars ($900.00) in a one-time lump sum payment. (3) All lump sum payments referenced herein will be paid in February of the following year.

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