Incentive Payment Date definition

Incentive Payment Date means the seventy-fifth (75th) day following the last day of the performance period during which the Final Award under Article 7 was earned, or such earlier date upon which Final Awards are paid to Participants.
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Incentive Payment Date means, with respect to any calendar quarter or, in the case of Capital Gains Fees, calendar year ending after the date of this Memorandum, 74 days after the end of such quarter or year (or if such day is not a business day, the business day immediately preceding such 74th day).
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Incentive Payment Date means the earlier of (i) April 1, 2001; (ii) a date upon which the Employee's employment is terminated by the Company without Cause such that the Employee is entitled to all compensation and benefits provided in Paragraph 6.D of the Agreement; or (iii) a date upon which the Employee resigns his employment with the Company for Good Reason such that the Employee is entitled to all compensation and benefits provided in Paragraph 6.D of the Agreement. For purposes of this Paragraph 3.E, "Divesting Event" shall mean any of the following: (i) the Employee's employment is terminated for Cause prior to April 1, 2001; (ii) the Employee voluntarily resigns his employment with the Company other than for Good Reason prior to April 1, 2001; (iii) if at any time after execution of the Amendment to Employment Agreement dated November 29, 2000 and prior to April 1, 2001 the Employee conveys to a third party or an authorized recruiter for such third party a genuine interest in a position of employment for himself with such third party; or (iv) if at any time after execution of the Amendment to Employment Agreement dated November 29, 2000 and prior to April 1, 2001 the Employee willfully fails to provide notice via voicemail to Xxxxx Xxxx of Employee's receipt of any inquiry from a third party or an authorized recruiter for such third party regarding Employee's interest in a position of employment for himself with such third party. Prior to or concurrently with the execution of the Amendment to Employment Agreement dated November 29, 2000, the Company shall establish an irrevocable letter of credit, with a bank selected by the Company to provide for the payment to Employee of $750,000.00 on the terms and conditions of this Paragraph 3.E. The letter of credit is provided by the Company as security for the One-Time Incentive Bonus and the Employee retains all rights and full recourse against the Company if Employee is not paid the full amount of the One-Time Incentive Bonus under the letter of credit. Notwithstanding the provisions of this Paragraph 3.E, the Company shall take all commercially reasonable steps as soon as possible upon the effective date of the Amendment to Employment Agreement dated November 29, 2000 to arrange for and obtain an amendment to the letter of credit discussed in this Paragraph 3.E, extending the expiration date of such letter of credit to April 30, 2001.
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Examples of Incentive Payment Date in a sentence

  • To remove remaining ammonia residues after completion of the reaction, the suspension was allowed to warm up to room temperature overnight.

  • SCHEDULE “H”‌ ACCOUNTS PAYABLE SCHEDULEThe following table identifies the 2023-24 fiscal year Incentive Payment dates, and the corresponding deadlines for submission by Registered Processors of their applications for Incentives (the “Processor Claim Due Date”) in order to receive payment on each respective Incentive Payment Date.

  • Extraction shall be performed with dichloromethane using a validated method and followed by analysis with gas chromatography with a mass spectrometry detector or by high performance liquid chromatography with an ultraviolet detector.For TDA (2,4-Toluenediamine) and MDA (4,4-Diaminodiphenylmethane) a composite sample of 6 pieces to be taken from beneath each sample face (up to a maximum of 2cm from each face surface) is analysed.

  • SCHEDULE “G” ACCOUNTS PAYABLE SCHEDULE The following table identifies the 2023-24 fiscal year Incentive Payment dates, and the correspondingdeadlines for submission by Registered Processors of their application for Incentives (the “Processor Claim Due Date”) in order to receive payment on each respective Incentive Payment Date.

  • CCP AK offers a documentation of information that can supplement low level characterization.

  • ResignationsThe incentive, including any deferred payments, will only be awarded to colleagues who are employed by the Company as at the Incentive Payment Date and have not given notice of resignation on or prior to that date, i.e. colleagues working out their notice (prior to the effective date of termination of their employment within Bankwest) will not be eligible to receive an incentive payment.


More Definitions of Incentive Payment Date

Incentive Payment Date means the date upon which a payment is to be made to a Participant under an Eligible Plan.
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Incentive Payment Date means the seventy-fifth day following the last day of the performance period during which the Final Award under Article
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Related to Incentive Payment Date

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Bonus Payment means a cash payment in an amount equal to the sum of (i) all Excise Taxes payable by the Executive, plus (ii) all additional Excise Taxes and federal or state income taxes to the extent such taxes are imposed in respect of the Bonus Payment, such that the Executive shall be in the same after-tax position and shall have received the same benefits that he would have received if the Excise Taxes had not been imposed. For purposes of calculating any income taxes attributable to the Bonus Payment, the Executive shall be deemed for all purposes to be paying income taxes at the highest marginal federal income tax rate, taking into account any applicable surtaxes and other generally applicable taxes which have the effect of increasing the marginal federal income tax rate and, if applicable, at the highest marginal state income tax rate, to which the Bonus Payment and the Executive are subject. An example of the calculation of the Bonus Payment is set forth below. Assume that the Excise Tax rate is 20%, the highest federal marginal income tax rate is 40% and the Executive is not subject to state income taxes. Further assume that the Executive has received an excess parachute payment in the amount of $200,000, on which $40,000 ($200,000 x 20%) in Excise Taxes are payable. The amount of the required Bonus Payment is thus computed to be $100,000, i.e., the Bonus Payment of $100,000, less additional Excise Taxes on the Bonus Payment of $20,000 (i.e., 20% x $100,000) and income taxes of $40,000 (i.e., 40% x $100,000), yields $40,000, the amount of the Excise Taxes payable in respect of the original excess parachute payment.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Bonus Amount means the greater of (i) the average annual incentive bonus earned by Executive from the Company (or its affiliates) during the last three (3) completed fiscal years of the Company immediately preceding Executive’s Date of Termination (annualized in the event Executive was not employed by the Company (or its affiliates) for the whole of any such fiscal year), and (ii) the Executive’s target annual incentive bonus for the year in which the Date of Termination occurs.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Fee Payment Date (a) the third Business Day following the last day of each March, June, September and December and (b) the last day of the Revolving Commitment Period.

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

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

  • 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).

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Bonus Payments means that portion of the bonus payments received by the

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant’s Separation Date.

  • Non-Payment Period means a period commencing on and including a Dividend Payment Date or redemption date for which the Trust shall fail to (i) declare, prior to the close of business on the second Business Day preceding such Dividend Payment Date, for payment on or (to the extent permitted by Section 11.2(c)(i) of these Bylaws) within three Business Days after such Dividend Payment Date to the Holders as of 12:00 noon, New York City time, on the Business Day preceding such Dividend Payment Date, the full amount of any dividend on APS payable on such Dividend Payment Date, provided, however, that if the Trust is not able to make such declaration in compliance with the foregoing because an unforeseen event or unforeseen events causes or cause a day that otherwise would have been a Business Day not to be a Business Day, then the Trust may make such declaration on the Business Day immediately preceding the Dividend Payment Date, if possible, or, if not possible, on the Dividend Payment Date, and in such case the Trust shall not be deemed to have failed to declare a dividend otherwise required to be declared, or (ii) deposit, irrevocably in trust, in same-day funds, with the Auction Agent by 12:00 noon, New York City time, (A) on such Dividend Payment Date the full amount of any cash dividend on such shares payable (if declared) on such Dividend Payment Date or (B) on any such redemption date for any shares of APS called for redemption, the Mandatory Redemption Price per share of such APS or, in the case of an optional redemption, the Optional Redemption Price per share, and ending on and including the Business Day on which, by 12:00 noon, New York City time, all unpaid cash dividends and unpaid redemption prices shall have been so deposited or shall have otherwise been made available to Holders in same-day funds; provided that, a Non-Payment Period shall not end unless the Trust shall have given at least five days’ but no more than 30 days’ written notice of such deposit or availability to the Auction Agent, all Existing Holders (at their addresses appearing in the Share Books) and the Securities Depository. Notwithstanding the foregoing, the failure by the Trust to deposit funds as provided for by clauses (ii)(A) or (ii)(B) above within three Business Days after any Dividend Payment Date or redemption date, as the case may be, in each case to the extent contemplated by Section 11.2(c)(i) of these Bylaws, shall not constitute a “Non-Payment Period.”

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.