SPECIAL RULES FOR PROFIT SHARES AND PRODUCTIVITY BONUSES Sample Clauses

SPECIAL RULES FOR PROFIT SHARES AND PRODUCTIVITY BONUSES. Sub-groups within the group may be formed for cost accounting and profit distribution purposes, as long as each sub-group consists of at least five physicians. • Physicians in the group (including independent contractors) may receive a share of group or sub-group profits from “designated health services” as that term is defined in regulations promulgated pursuant to the Xxxxx Act (“DES”), including but not limited to orthotics and durable medical equipment, if: • Per capita distributions are made. • Profits derived from DHS are distributed on the same basis as profits attributable to services that are not DHS. • Revenues derived from DHS constitute less than 5% of the group’s total revenues, and the allocated portion of those revenues to each physician in the group constitutes 5% or less of his total compensation from the group. • Physicians may receive a productivity bonus for personally performed services and services “incident to” personally performed services if: • The bonus is based on the physician’s total patient encounters or relative value units (RVUs); • The bonus is based on the allocation of the physician’s compensation attributable to services that are not DHS payable by any Federal health care program or private payer; or • Revenues derived from DHS are less than 5% of the group’s total revenues, and the allocated portion of those revenues to each physician in the group constitutes 5% or less of his total compensation from the group. • Physicians may be paid other profit distributions and productivity bonuses that do not vary based on the volume or value of DHS and that do not violate the Anti-Kickback Statute. No other profit distributions or productivity bonuses may be made to physicians in the group. ATTACHMENT B
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Related to SPECIAL RULES FOR PROFIT SHARES AND PRODUCTIVITY BONUSES

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  • Incentive Compensation Plans The occurrence of any of the following: (i) a material reduction by the Corporation in the Executive’s (A) annual incentive compensation target or maximum opportunity, or (B) long-term incentive compensation target or maximum opportunity (measured based on grant date fair value of any equity-based awards), in each case, as in effect immediately prior to the Change in Control, or (ii) a change in the performance conditions, vesting, or other material terms and conditions applicable to annual and/or long-term incentive compensation awards granted to Executive after the Change in Control which would have the effect of materially reducing the Executive’s aggregate potential incentive compensation from the level in effect immediately prior to the Change in Control; or

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  • Short-Term Incentive Compensation In addition to the foregoing Base Salary, the Executive shall be eligible during the Term to receive cash short-term incentive compensation, determined and payable in the discretion of the Compensation Committee of the Board. At least annually, the Compensation Committee shall consider awarding short-term incentive compensation to the Executive.

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