Risk and Incentive Program Sharing Sample Clauses

Risk and Incentive Program Sharing. Physician agrees that, with respect to Risk Products and incentive programs associated with Non-Risk Products, CDA may establish risk sharing methodologies and allocations of surpluses and deficits (collectively, “Incentive Model”) aside from, and/or in addition to, whatever risk sharing or incentive arrangement has been agreed upon in the applicable Payor Contract. The CDA Board of Managers shall approve any Incentive Model. Physician agrees to accept Physician’s distribution under an approved Incentive Model as payment in full and shall not look to CDA or any other party for further payment. Physician agrees to accept Physician’s share of financial responsibility under an approved Incentive Model. In the event Physician fails to pay Physician’s share of any financial responsibility, CDA may, in addition to such other rights and remedies that may exist under the law or this Agreement, offset future payments to Physician under (a) the Payor Contract to which the Incentive Model relates, (b) any other Payor Contract, (c) any distribution under any other approved Incentive Model, or (d) otherwise.
Sample 1Sample 2
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Risk and Incentive Program Sharing. HCP agrees that, with respect to Risk Products and incentive programs associated with Non-Risk Products, MPP may establish risk sharing methodologies and allocations of surpluses and deficits (collectively, the “Incentive Model”) aside from, and/or in addition to, whatever risk sharing or incentive arrangement has been agreed upon in the applicable Payor Contract. MPP Board of Trustees shall approve any Incentive Model. HCP agrees to accept his or her distribution under the Incentive Model as payment in full and shall not look to MPP or any other party for payment. HCP further agrees to accept his or her share of financial responsibility under the Incentive Model. In the event HCP fails to pay his or her share of any financial responsibility, MPP may, in addition to such other rights and remedies that may exist under the law or this Agreement, offset future payments to HCP under (a) the Payor Contract to which the Incentive Model relates, (b) any other Payor Contract, (c) any distribution under any other Incentive Model; or (d) otherwise.
Sample 1

Related to Risk and Incentive Program Sharing

  • Incentive Programs During the Term of Employment, the ------------------ Executive shall be entitled to participate in any annual and long-term incentive programs adopted by the Company and which cover employees in positions comparable to that of the Executive.

  • Incentive Program Members who are rated as either Level I, Level II or Level III in every phase of the Physical Fitness Test are eligible to participate in the Incentive Program.

  • Long-Term Incentive Program During the Term, the Employee shall participate in all long-term incentive plans and programs of the Group that are applicable to its senior executives in accordance with their terms and in a manner consistent with his position with the Company.

  • Attendance Incentive Program In January of the year following any year in which a minimum of sixty (60) days of leave for illness or injury is accrued, and each January thereafter, any eligible employee may exercise an option to receive remuneration for unused leave for illness or injury accumulated in the previous year at a rate equal to one (1) day of monetary compensation of the employee for each four (4) full days of accrued leave for illness or injury in excess of sixty (60) days. Leave for illness or injury for which compensation has been received shall be deducted from accrued leave for illness or injury at the rate of four (4) days for every one (1) day of monetary compensation; provided, however, no employee shall receive compensation under this section for any portion of leave for illness or injury accumulated at a rate in excess of one (1) day per month. At the time of separation from school district employment due to retirement or death an eligible employee or the employee's estate shall receive remuneration at a rate equal to one (1) day of current monetary compensation of the employee for each four (4) full days accrued leave for illness or injury. The provisions of this section shall be administered in accordance with state law and applicable state rules and regulations. Should the legislature revoke any benefits granted under this section, no affected employee shall be entitled thereafter to receive such benefits as matter of contractual right.

  • Bonus Programs Employee may participate in any incentive program which may be made available from time to time to Corporation’s employees at Employee’s level; provided, however, that Employee’s participation is subject to the applicable terms, conditions and eligibility requirements of the program, as they may exist from time to time.

  • Annual Incentive Plan Executive shall be entitled to participate fully in the Company's 1996 Management Incentive Compensation Plan, as amended (the "MICP"), and as may be further amended, modified, or replaced, from time to time, in accordance with the terms and conditions set forth herein and therein.

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

  • 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.

  • Educational Incentive For those employees receiving educational incentive payment at the time of layoff, upon re-employment, such employees shall be eligible to receive educational incentive.

  • Bonus Program You will be eligible for an annual target bonus of 35% of your annual base salary as determined by the Board in its sole discretion based upon, among other things, the achievement of pre-determined performance milestones. Any annual bonus, if earned, shall be paid no later than March 15th of the year immediately following the year to which the applicable annual bonus relates.

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