Supplemental Compensation—Athletic Performance Payment Sample Clauses

Supplemental Compensation—Athletic Performance Payment. During employment as Head Coach of the Program, the Employee shall have the opportunity to earn supplemental compensation in the amounts and upon the conditions set forth below, based upon the exceptional performance of the Program’s team and also based upon the team’s participation in post-season games, including the additional services required of Employee in preparation for and participation in such post-season games (“Athletic Performance Payment”). The Employee may direct the University to distribute the Athletic Performance Payment that is earned under the provisions of this Article 5.7, or any part thereof, to the Program’s assistant coaches as supplemental compensation to them upon the written approval of the Athletic Director. Beginning in the second year of the employment contract, for each year that the Program’s single year APR is at the level required by Paragraph 4.2.c.8, the University shall pay the Employee, as additional compensation, a total maximum amount of $ per fiscal year for the Program’s achievement of the following: Athletic Performance:
AutoNDA by SimpleDocs
Supplemental Compensation—Athletic Performance Payment. Conference Performance: $ Winning or Tying the Conference Regular Season Championship $ Tournament Championship $ Coach of the Year Award or Co-Coach of the Year Award NCAA Tournament: $ Advancing in Each Round $ Playing in the Final Four $ Winning the NCAA Championship NIT Post Season Tournament: $ Advancing in Each Round $ Playing in the Final Four $ Winning the NIT Championship $ Total Maximum Athletic Performance Payment Early Termination Cutoff Date: $ Other Post-season Tournaments Attach description of any other monetary terms: Source of funds for all compensation:

Related to Supplemental Compensation—Athletic Performance Payment

  • Supplementation of Compensation Award when an employee is unable to work and is in receipt of Workers’ Compensation allowance as a result of an injury incurred in the course of their duties, the employee shall be paid an additional amount which, combined with the compensation allowance, shall ensure the maintenance of their regular salary less their usual deductions. Such additional amount shall be chargeable to the employee’s sick leave credits accrued at the time the employee commenced receipt of Workers’ Compensation allowance, and such additional payments shall be payable until the employee’s accrued sick leave credits have been exhausted.

  • ' COMPENSATION BENEFITS In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

Time is Money Join Law Insider Premium to draft better contracts faster.