Earned fee definition

Earned fee for an incentive, means fee due the Contractor by virtue of its meeting the Contract’s requirements entitling it to fee. Earned fee does not occur until the Contractor has met the conditions stated in the Contract for earning fee.
Sample 1Sample 2Sample 3
Earned fee means the sum total of all incentive fees, award fees, fixed fees, and share of cost savings earned by the contractor during a performance evaluation period, as determined by the contracting officer or fee determining official (as appropriate). In the NNSA, the Fee Determining Official (FDO) is the Administrator, unless otherwise delegated. Where the contract provides for financial incentives that extend beyond a single performance evaluation period, this amount shall also include: any provisional amounts determined otherwise payable in the evaluation period; and, if provisional payments are not provided for, the allocable amount of any incentive determined otherwise payable at the conclusion of a subsequent performance evaluation period. The allocable amount shall be the total amount of the Earned Fee divided by the number of evaluation periods over which it was earned.
Sample 1Sample 2
Earned fee means the base fee and award fee due the LCBC Contractor for achievement of a Final Performance Objective/Measure as defined by the Performance Evaluation Measurement Plan (PEMP) (Section J, Attachment C).
Sample 1Sample 2

Examples of Earned fee in a sentence

  • Earned fee does not occur until the Contractor has met all conditions stated in the Contract for earning fee.

  • Earned fee does not occur until the Contractor has met all conditions stated in the contract for earning fee.

  • Earned fee does not occur until the Contractor has met the conditions stated in the Contract for earning fee.

  • Earned fee does not occur until the Contractor has met all conditions stated in the Task Order and the Award Fee Plan for earning fee.

  • Earned fee does not occur until the Contractor has met all conditions stated in the contract and the PEMP for earning fee.

  • The evaluation period for the determination of Earned fee is on annual evaluation periods within each of the Contract periods of performance.

  • Earned fee incomeEarned fee income comprises brokerage and profit commission arising from the placement of insurance contracts.

  • Earned fee will be invoiced consistent with Section G of the contract.

  • Earned fee does not occur until the contractor has met all conditions stated in the contract for earning fee.” Category of Performance adjectival ratings pursuant to FAR 16.4, Incentive Contracts, are identified herein as CP #1 and #2, and are used to evaluate the subjective criteria.

  • Earned fee does notoccur until the Contractor has met all conditions stated in the contract for earning fee.


More Definitions of Earned fee

Earned fee means the experience fee, on-call fee, retention incentive and experience fee rural and remote supplements (as those terms are used in the Funding Agreement) per Billable Course of Care and for greater certainty does not include the operational fee or operational fee supplement received for the administration of each Billable Course of Care and_________________________________________________. A Billable Course of Care becomes an “Earned Fee” as of the date the payment is paid by the Transfer Payment Agency;
Sample 1Sample 2
Earned fee means the fee due the Contractor by virtue of its meeting the Task Order requirements and the Award Fee Plan entitling it to fee. Earned fee does not occur until the Contractor has met all conditions stated in the Task Order and the Award Fee Plan for earning fee.
Sample 1
Earned fee means the experience fee, on-call fee, retention incentive and experience fee rural and remote supplements (as those terms are used in the Funding Agreement) per Billable Course of Care and for greater certainty does not include the operational fee or operational fee supplement received for the administration of each Billable Course of Care and _________________________________. A Billable Course of Care becomes an “Earned Fee” as of the date the payment is paid by the Transfer Payment Agency;
Sample 1
Earned fee has the meaning set forth in Section 7.2.
Sample 1
Earned fee means the fee due the Contractor by virtue of its meeting the Task Order requirements and the Award Fee Plan entitling it to fee. Earned fee does not occur until the Contractor has met all conditions stated in the Task Order and the Award Fee Plan for earning fee. The evaluation period for the determination of earned fee is the Task Order period of performance. 3. Provisional payment of fee means the Government’s paying available fee to the Contractor for making progress towards meeting the performance measures for the incentive before the Contractor has earned the available fee. Annual interim evaluation periods will be established in the Award Fee Plan (Section J, Attachment J-11), for the determination of provisional fee payments.
Sample 1

Related to Earned fee

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Earned Bonus means the bonus paid, if any, pursuant to the Company’s incentive compensation plans in effect from time to time. Earned Bonus shall be prorated based on the ratio of the number of days during such year that Executive was employed to 365.

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • Annual Fees means the annual fees charged by the Trustee for services provided as the trustee and paying agent under the Indenture.

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Exit Fee shall have the meaning specified in the Fee Letter.

  • Base Fee means the amount of compensation mutually agreed upon for the completion of Basic Services.

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Final average salary means whichever of the following is greater:

  • Annual Fee has the meaning stated in Section 4.02(a).

  • Net earned premium means the premiums earned in this State

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • L/C Fee has the meaning specified in Section 2.03(i).

  • Hire Fee the hire fee specified in Item 13.

  • L/C Fees has the meaning set forth in Section 3.4(c).

  • Enrolment Fee means the fee paid by the Parent(s)/Guardian(s) to cover all the administrative costs involved in enrolling a Student at the School. It is not refundable, and it is not offset against any other fees.

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Monthly Salary Rate means the amount agreed to by Owner that can be used on Applications for Payment throughout the Construction Phase to account for the monthly salary costs of Contractor’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Contractor’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by Contractor for services performed. The initial Monthly Salary Rate is included in Exhibit “G” attached to this Agreement.

  • Management Fee shall have the meaning set forth in Section 10(a).

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.

  • Target fee, as used in this contract, means the fee initially negotiated on the assumption that this contract would be performed for a cost equal to the estimated cost initially negotiated, adjusted in accordance with paragraph (d) of this clause.

  • Payout Amount means the vested portion of the Final Amount expressed as an amount of cash equal to the Fair Market Value of the shares of Stock underlying the RSUs and related Dividend Equivalents.

  • Unused Fees has the meaning assigned to such term in the Lender Fee Letter.