Incentive definition

Incentive means a term or condition whose purpose is to motivate the Contractor to provide supplies or services at lower costs, and in certain instances with improved delivery or technical performance, by relating the amount of profit or fee earned to the Contractor’s performance.

Incentive means any consideration provided by the Company, including buy downs, markdowns, rebates, bill credits, payments to third parties, direct installation, giveaways, and education, which encourages the adoption of program measures.

Incentive means a court-ordered reduction in the terms or

Examples of Incentive in a sentence

Vesting of these shares will commence on January 2, 2025 and shall be pursuant and subject to the terms of the Company’s 2021 Stock Option and Incentive Plan (the “Stock Plan”) and appropriate stock option and restricted stock unit agreements, in the Company’s standard form, as amended from time to time, and which, together with the Stock Plan, constitute the “Equity Documents.” You may be considered annually for additional equity grants, subject to the company’s sole discretion.
The Contractor shall provide information on its Physician Incentive Plan to any Enrollee upon request.
Executive was previously granted options to purchase shares of the Company’s common stock, which shall continue to be governed by the terms and conditions of the applicable stock option agreements, grant notices and the Company’s 2018 Equity Incentive Plan.
The Contractor shall notify the Department if the Contractor plans to operate a Physician Incentive Plan.
Employees who were hired prior to October 1, 2014, who are covered by this Agreement who are not receiving Paramedic Incentive Pay under ARTICLE 32: MEDICAL INCENTIVE PAY and who are assigned to a State Permitted ALS unit shall receive assignment pay of five (5%) percent of their base pay for all hours worked in that assignment effective upon date of ratification.

Incentive means a court-ordered reduction in the terms or conditions of a community sentence which is given for exceptional performance or progress by the offender;

Incentive means a payment due to the Concessionaire, in accordance with the provisions of this Agreement, for any delivery, performance or outcome, as the case may be, which is better than the standards specified in respect thereof;

Incentive means a payment due to the Supplier, in accordance with the provisions of this Agreement, for any delivery, performance or outcome, as the case may be, which is better than the standards specified in respect thereof;

Incentive means an Award under the Plan as defined by Section 2.2 of Article 2.

Incentive means a cash contribution to the Incubatee paid by the Incubator out which 50% is nominally provided by the European Space Agency (“ESA”) and 50% by a local co-funding partner. There shall be no requirement for the Incubatee to pay back the received incentive to the Incubator as long as corresponding expenses are eligible. The Agency’s part of the incentive is considered as payment for procurement according to the conditions set out in this Contract.

Incentive means anything of value offered as an inducement directly or indirectly towards the purchase of a vehicle, including but not limited to, discounts, savings claims, and other dealer programs, but not including factory rebates.