Technology Bonus Sample Clauses

Technology Bonus. If the Facility uses a non-solar, non-baseload fuel source otherwise meeting the eligibility criteria expressed in the CEC’s most current edition of the RPS Eligibility guidebook to generate electricity, such Facility shall be eligible for a $7.00/MWh price bonus in addition to the Contract Price (the “Technology Bonus”) for each MWh of Product, as measured by the amount of Facility Energy, up to one hundred fifteen percent (115%) of the Expected Energy for each Contract Year. The Technology Bonus will be applicable for the entire Delivery Term.
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Technology Bonus. A Generating Facility that uses a non-solar, non-baseload fuel source otherwise meeting the eligibility criteria expressed in the CEC’s most current edition of the RPS Eligibility guidebook to generate electricity, is eligible for a $7.00/MWh price bonus in addition to the then applicable Pricing Condition (the “Technology Bonus”). The Technology Bonus will be applicable for the entire Delivery Term.
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Technology Bonus. In consideration for the transfer and disclosure of the Technology pursuant to Article 2, UTI shall pay to UBI a technology bonus of US$2,500,000 as set forth in the Joint Venture Agreement.
Sample 1
Technology Bonus. Employee shall be eligible to receive a technology bonus (the “Technology Bonus”) as follows: (i) Employee shall be paid 25% of royalties (as defined below) received by Employer and/or Related Entities from licensing the intellectual property set forth on the attached Exhibit B and other mutually agreed upon intellectual property for which Employee is identified as the inventor (the “Subject IP”) and (ii) Employee shall be paid 2% of the revenues (as defined below) received by Employer and/or Related Entities from the sale of products incorporating the Subject IP. Except as set forth below, the Technology Bonus shall be paid by Employer to Employee on or before March 31 of each calendar year for amounts earned during the immediately preceding calendar year for calendar years 2008, 2009, 2010, 2011, 2012, 2013 and 2014. The last payment of the Technology Bonus, if any, shall be made on or before March 31, 2015 for calendar year 2014. The foregoing notwithstanding, except as set forth in the last sentence of this paragraph, Employer’s obligation to pay the Technology Bonus shall terminate (i) upon termination of Employee’s employment with Employer or any Related Entities by Employee, or by Employer for Cause (as defined below), unless Employee is employed by Employer or any Related Entities for the full three (3) year Initial Term of this Agreement (if Employee is employed by Employer or any Related Entities for the full three (3) year Initial Term of this Agreement, Employer’s obligation to pay the Technology Bonus shall not terminate pursuant to this clause (i)) and (ii) at any time that Employee materially breaches Section 3 of this Agreement. Notwithstanding anything contained in this Agreement to the contrary, provided that Employee has not materially breached Section 3 of this Agreement, upon termination of Employee’s employment by Employer or any Related Entities without Cause, or upon the death or Disability (as defined below) of Employee, Employer shall remain obligated to pay the Technology Bonus as set forth in this Section 1(d).
Sample 1
Technology Bonus. I (iPhone) – offered to holders of Gold membership trading account only (subject to limited supply); in order to qualify and receive iPhone device, eligible Clients are required to trade in a Minimum Trading Volume (number of units) equal to EUR 25,000,000 (twenty five million EURO).
Sample 1
Technology Bonus. II (MacBook) – offered to holders of Platinum membership trading account only (subject to limited supply); in order to qualify and receive MacBook device, eligible clients are required to trade in a Minimum Trading Volume (number of units) equal to EUR 25,000,000 (twenty five million EURO). The iPhone Bonus and MacBook Bonus shall each and collectively be referred to as "Merchandize".
Sample 1

Related to Technology Bonus

  • Longevity Bonus After twenty (20) years of continuous service, an employee will receive a longevity bonus of seven hundred dollars ($700) per year, payable in one lump sum by the second pay period following the employee's anniversary date.

  • 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.

  • Annual Cash Bonus During the Term, Executive may be eligible to receive an annual cash bonus, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • 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.

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.

  • Base Salary and Bonus As compensation for the Executive's services under this Agreement, the Executive shall receive and the Company shall pay a weekly base salary set forth on Exhibit A. Such base salary may be increased but not decreased during the Term or Renewal Period in the Company's discretion based upon the Executive's performance and any other factors the Company deems relevant. Such base salary shall be payable in accordance with the policy then prevailing for the Company's executives. In addition to such base salary, the Executive shall be entitled during the Term or Renewal Period to a performance bonus set forth on Exhibit A and to participate in and receive payments from, at the Company's election, other bonus and other incentive compensation plans, if any, as may be adopted by the Company.

  • Annual Incentive Compensation Executive shall be eligible to receive an annual bonus (“Annual Bonus”) with respect to each fiscal year ending during the Employment Period. The Annual Bonus shall be determined under the 2006 Omnibus Incentive Plan (the “Omnibus Plan”) or such other annual incentive plan maintained by the Company for similarly situated employees that the Company designates, in its sole discretion (any such plan, the “Bonus Plan”), in accordance with the terms of such plan as in effect from time to time. For each such fiscal year, Executive shall be eligible to earn a target Annual Bonus equal to seventy percent (70%) of Executive’s Base Salary for such fiscal year, if the Company achieves the target performance goals established by the Board for such fiscal year in accordance with the terms of the Bonus Plan. If the Company does not achieve the threshold performance goals established by the Board for a fiscal year, Executive shall not be entitled to receive an Annual Bonus for such fiscal year. If the Company exceeds the target performance goals established by the Board for a fiscal year, Executive may be entitled to earn an additional Annual Bonus for such year in accordance with the terms of the applicable Bonus Plan. The Annual Bonus for each year shall be payable at the same time as bonuses are paid to other senior executives of the Company in accordance with the terms of the applicable Bonus Plan, but in no event later than two and a half (21/2) months following the end of the applicable fiscal year in which such Annual Bonus was earned. Executive shall be entitled to receive any Annual Bonus that becomes payable in a lump-sum cash payment, or, at his election, (A) up to fifty percent (50%) of the Annual Bonus in the form of a grant of restricted stock units of Common Stock (as defined below) or (B) in any form that the Board generally makes available to the Company’s executive management team, provided that any such election is made by Executive in compliance with Section 409A of the Code and the regulations promulgated thereunder.

  • Education Incentive A. The following monthly education incentive pay will be paid to each employee upon completing the listed degree and providing proof of completion to the Agency. Associate Degree Two percent (2%) Bachelor Degree Four percent (4%) B. The above percentages will be based upon the employee’s base rate of pay. C. An employee will be entitled to one (1) education incentive pay only. D. Degrees must be from an accredited institution of higher education.

  • 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:

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