Training Incentive Program Sample Clauses

Training Incentive Program. Section 2.1 All regular employees are eligible to participate in Plan III of the Training Incentive Program. Substitute employees are not eligible for participation. 2.1.1 New participants will not be accepted in Plan I or II. Employees currently participating in Plan I or II will remain at their current (see 2.4. and 2.5.) certificate, degree, or credit level. Participants in Plan I or II may concurrently participate in Plan III. 2.1.2 An employee participating in Plan I or II who does not meet the hour or credit requirement in any given year (2.1.3) will be permanently ineligible to participate in Plan I or II. 2.1.3 In order to maintain status in Plan I or II, participating employees must, each year prior to January 31, earn a minimum of four (4) hours or equivalent college credits and submit supporting documentation. These maintenance (4) hours for Plan I or II are not eligible for compensation through participation in Plan III. However hours earned beyond this requirement are eligible for compensation through Plan III. Hours or credits for which the District paid tuition, registration, travel or other expenses do not fulfill this requirement. 2.1.4 All hours/credits, must be earned on the employee’s own (unpaid) time, and must be relevant to the employee’s current assignment. Section 2.2 Annual funding for the Training Incentive Program will be $80 per classified FTE (Full Time Equivalent) based on the October 1 FTE count. 2.2.1 Participating employees shall receive no more than $600 during any given year for credits/hours earned through the Training Incentive Program. 2.2.2 TIP applications and documentation submitted between November 15 and November 30 will be paid in the January paycheck for training that takes place between February 1 and October 31. Payments will be paid only to current employees. 2.2.3 TIP applications and documentation submitted between March 15 and March 31 will be paid in the May paycheck for training that takes place between February 1, and February 2.2.4 TIP applications and documentation must be submitted within one year of completed training. 2.2.5 In the event requests for compensation for the Training Incentive Program exceed the budget allocation, the dollar figure for each participant will be reduced by an equal percentage. 2.2.6 All unspent funds for the Training Incentive Program will be carried over to the following school year. Section 2.3 The Training Incentive Program shall be administered by a joint committee c...
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Training Incentive Program. The objective of the Training Incentive Program is to encourage maximum participation and availability of OJT’s in delivering training to Trainee Drivers.
Training Incentive Program. Any officer that serves as a departmental trainer shall receive one (1) hour of compensation at his regular rate of pay for every eight (8) hours spent training. Departmental trainers are assigned at the discretion of the Chief of Police. Officers will not be compensated unless they have been designated as a departmental trainer by the Chief of Police and are actually providing training as assigned and scheduled by the Chief of Police.
Training Incentive Program. Section 2.1 All regular employees are eligible to participate in the Training Incentive Program. All credits and/or hours must be earned during employment with Central Kitsap School District. Substitute employees are not eligible for participation. 2.1.1 All hour/credits must be earned on the employee’s own (unpaid) time and must be relevant to the employee’s current assignment. For classes that do not offer clock hours, the equivalent of one hour will be granted for each hour of attendance with appropriate documentation. One college quarter credit = 10 clock hours. 2.1.2 Participating employees shall receive no more than 35 hours during any given school calendar year. 2.1.3 The District will pay for approved hours at the rate of $20.00 per hour (pending available funds). 2.1.4 Each TIP year begins September 1 and ends on August 31 of the following year. TIP applications and documentation must be submitted within one year of completed training. Hours will be paid on a one-time only basis. 2.1.5 TIP applications and documentation submitted between June 1 and November 30 will be paid in the December paycheck. TIP applications and documentation submitted between December 1 and May 31 will be paid in the June Paycheck. Payments will be paid only to current employees. Section 2.2 The Training Incentive Program shall be administered by a joint committee consisting of no more than two (2) representatives appointed by the Association and no more than two

Related to Training Incentive Program

  • 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.

  • 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.

  • 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.

  • 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.

  • Performance Incentives As a bonus, to supplement Assistant Coach’s compensation, as set out herein, the University agrees to pay the following sums upon attainment of each specified goal, provided the Program is in compliance with all Governing Athletics Rules and University Rules, and there are no pending or active NCAA or __________ Conference investigations or major violations of which Assistant Coach knew or should have known. Assistant Coach must also complete the _________ [insert sport] season as an Assistant [Men’s/Women’s] [delete if sport is football] __________ Coach to receive any performance incentives for that season. Payment will be made to Assistant Coach within 60 days after goal is accomplished. (a) $_________ in any contract year in which the team wins the __________ Conference championship. (b) $_________ in any contract year in which the team participates in post-season NCAA competition. (c) $_________ for each game that the team wins in NCAA post-season competition. (d) $_________ in any contract year in which the team wins the NCAA championship.]

  • 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.

  • Performance Incentive 4.10.1 If the Seller delivers Coal to the Purchaser in excess of ninety percent (90%) of the ACQ in a particular Year, the Purchaser shall pay the Seller an incentive (“Performance Incentive”/ “PI”), to be determined as follows: PI = P x Additional Deliveries x Multiplier Where: PI = The Performance Incentive payable by the Purchaser to the Seller P = The Base Price of Highest Grade, as shown in Schedule II Additional Deliveries = Quantity [in tonnes] of Coal delivered by the Seller in the relevant Year in excess of 90% of the ACQ. Multiplier shall be 0.15 for Additional Deliveries between 90%-95% of ACQ and 0.30 for Additional Deliveries in excess of 95% of ACQ. 4.10.2 With respect to part of a Year in which the term of this Agreement begins or ends, the relevant quantities in Clause 4.10.1, except the Multiplier, shall apply pro-rata. 4.10.3 Within thirty (30) days of expiry of a Year, the Seller shall submit an invoice to the Purchaser with respect to the PI payable in terms of Clause 4.10.1 and the Purchaser shall pay the amount so due within thirty (30) days of the receipt of the invoice. In the event of non-payment of PI by the due date, the Seller shall have the right to suspend Coal supplies without absolving the Purchaser of its obligations under this Agreement.

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

  • Annual Incentive The Employee shall be entitled to receive a percentage of the Employee's Target Incentive for the calendar year in which such termination occurs. Such percentage shall equal a fraction, the numerator of which shall be the number of days in such calendar year up to and including the date of such termination and the denominator of which shall be the number of days in such calendar year. Such amount shall be payable according to the normal practice of the Company with respect to the payment of bonuses.

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