VOLUME INCENTIVE MATRIX Sample Clauses

VOLUME INCENTIVE MATRIX. Discounts will be based on the total annual volume of Products forecasted to be purchased by Integrator (a) from an Approved Source, and (b) for value-added resale and not for Internal Use in accordance with this Agreement. Note that Cisco does not control the pricing that Integrator receives on Products purchased from a Cisco Authorized Distributor. ACTUAL NET PURCHASE FORECAST VOLUME INCENTIVE ---------------------------- ---------------- $ 1,000,000 to $ 2,000,000 +1% $ 2,000,001 to $ 4,000,000 +2% $ 4,000,001 to $ 8,000,000 +3% $ 8,000,001 to $ 16,000,000 +4% $ 16,000,001 to $ 32,000,000 +5% $ 32,000,001 to $ 64,000,000 +6% $ 64,000,001 to $128,000,000 +7 $128,000,001 or greater +8% The above discounts are based on Integrator's mutually agreed total volume forecast. Cisco reserves the right to adjust the volume incentive discount for the second six (6) month period of the initial term and of any subsequent year of the Agreement based on the actual volume of Products purchased for distribution in accordance with this Agreement and delivered during the first six (6) month period of the initial term or subsequent years of the Agreement. Changes in discount level will not be applied retroactively.
Sample 1
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VOLUME INCENTIVE MATRIX. Total annual volume of Products forecasted to be purchased from Cisco by Integrator for resale in accordance with this Agreement: Applicable to the List Price: ------------------------------------------------------------------------------- Actual Net Purchase Forecast/Achieved Volume Incentive $1,000,000 or greater +1% $2,000,000 or greater +2% $3,000,000 or greater +3% $4,000,000 or greater +4% =============================================================================== The above discounts are based on Integrator's mutually agreed total volume forecast. Cisco reserves the right to adjust the volume incentive discount for the second six (6) month period of the initial term and of any subsequent year of the Agreement based on the actual volume of Products purchased for distribution in accordance with this Agreement and delivered during the first six (6) month period of the initial term or subsequent years of the Agreement. Changes in discount level are not retroactive.
Sample 1

Related to VOLUME INCENTIVE MATRIX

  • Annual Incentive Bonus The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.

  • 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.

  • Annual Incentive Award During the Term of Employment, the Executive shall be eligible for an annual incentive award with payout opportunities that are commensurate with his position and duties, as determined by the Compensation Committee in its discretion. Commencing with the Effective Date of the initial Term of Employment, the Executive’s target annual incentive award opportunity will be equal to fifty percent (50%) of the Executive’s Base Salary. The Executive’s annual incentive award opportunities shall be based on Company and individual performance goals determined, and subject to change, by the Compensation Committee in its discretion. The Executive shall be paid his annual incentive award no later than other senior executives of the Company are paid their annual incentive award.

  • Annual Performance Bonus In the discretion of the Company's Compensation Committee, the Executive shall be eligible to receive an annual performance bonus payable in cash for each full or partial fiscal year of the Company during the Employment Period in accordance with the Company's performance-based bonus program for Executive Officers.

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • 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.

  • Annual Incentive Awards The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

  • Annual Incentive Payment The Executive shall participate in the Company's Management Incentive Plan (or such alternative, successor, or replacement plan or program in which the Company's principal operating executives, other than the Chief Executive Officer, generally participate) and shall have a targeted incentive thereunder of not less than $240,000 per year; provided, however, that the Executive's actual incentive payment for any year shall be measured by the Company's performance against goals established for that year and that such performance may produce an incentive payment ranging from none to 200% of the targeted amount. The Executive's incentive payment for any year will be appropriately pro-rated to reflect a partial year of employment.

  • Incentive Bonus Compensation The Executive shall be eligible for incentive bonus compensation for each Fiscal Year in an amount to be determined by the Board of Directors or any committee thereof ("INCENTIVE BONUS COMPENSATION").

  • Annual Incentive Compensation (a) The Executive shall be eligible to receive annual bonus compensation, if any, as may be determined by, and based on performance measures established by, the Board of Directors upon the recommendation of the Compensation Committee of the Board of Directors (the “Committee”) consistent with the Employer’s strategic planning process and in consultation with the Executive, pursuant to any incentive compensation program as may be adopted from time to time by the Board of Directors, based on recommendations by the Committee (an “Annual Bonus”).

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