Incentive Year definition

Incentive Year means the 12 month period from January 1 through December 31, coinciding with the calendar year and the fiscal year of the Company.
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Incentive Year means any twelve-month period during the term of this Agreement that begins on the Incentive Start Date, or any anniversary thereof.
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Incentive Year means the 12 month period from January 1 through December
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Examples of Incentive Year in a sentence

  • The incentive base for the Initial Payment Year and for each Subsequent Incentive Year shall be THIRTY-FIVE THOUSAND DOLLARS ($35,000.00) (hereinafter referred to as the “Incentive Base”).

  • The Incentives will be based on the Incentive Year from Oct 1, 20XX through September 30 20YY.

  • All earned Incentives will be credited to Carrier after the end of the Incentive Year once Carrier has paid all related invoices in full.

  • Each Incentive Year is considered separately, and the lifts in a given Incentive Year will count only towards the incentive of that year.

  • Before the coming of ISIS she dreamed of becoming the first Yezidi mathematics teacher in her village.

  • Incentive payments by the City to the Developer shall be made annually within 90 days of the end of the Incentive Year.

  • If, as a result of the validation exercises referred to in paragraphs 6 and 7, we think that any of the volume of Eligible Items for which you claimed Postage Credits is inconsistent with your approved application form, then we may take other factors into consideration (such as your Historic Base Volume) to determine whether, notwithstanding that inconsistency, Royal Mail Group Advertising Volume Commitment Incentive Year 1 the Eligible Items posted by you are valid.

  • If, as a result of the validation exercises referred to in paragraphs 6 and 7, we think that any of the volume of Eligible Items you posted during this Incentive Period is inconsistent with your approved Incentive application form, then we may take other factors into consideration (such as the volume of Eligible Items you posted during your Previous AVC Incentive Year) to determine whether, notwithstanding that inconsistency, the Eligible Items are valid.

  • Carrier will be given the Incentives for the tier achieved in the Incentive Year.

  • In addition, this table includes the combined actual incentive payment amounts paid for the years 2012 through 2015 and documents the difference between estimates presented to the Board for approval and actual incentive payments made.Total Estimate Incentive Year Estimateper FTE Incentive payment calculationsThe actual incentive payments paid in each of these years exceeded the estimated amount presented to the Board.


More Definitions of Incentive Year

Incentive Year means the fiscal year of the Company and its Subsidiaries with respect to which an Incentive Amount is calculated.
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Incentive Year means the period consisting of three hundred and sixty five (365) calendar days [or three hundred and sixty six (366) calendar days for any calendar year that is a leap year] beginning on January 1, 2021, and ending on December 31, 2021, and continuing on January 1st and ending on December 31st of each calendar year thereafter during the Incentive Period.
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Incentive Year means any respective fiscal year of American Water Works Company, Inc. beginning on or after January 1, 1996 during which the Plan shall be in effect.
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Incentive Year means the 12 month period from January 1
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Incentive Year means each year of the Term the first Incentive Year commencing on the Commencement Date and each subsequent Incentive Year commencing on each anniversary of the Commencement Date or such other 12 month period as We may notify to You in writing.
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Related to Incentive Year

  • 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.

  • Award Year means a fiscal year beginning January 1 and ending December 31 with respect to which an Award may be granted.

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.

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

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • Performance Cycle means one or more periods of time, which may be of varying and overlapping durations, as the Administrator may select, over which the attainment of one or more Performance Criteria will be measured for the purpose of determining a grantee’s right to and the payment of a Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award, the vesting and/or payment of which is subject to the attainment of one or more Performance Goals. Each such period shall not be less than 12 months.

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Term Year means a 12-month period beginning on the first day of the Term and each successive 12-month period thereafter.

  • 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.

  • Target Bonus means Executive’s annual (or annualized, as applicable) target bonus in effect immediately prior to Executive’s Qualifying Termination or, if Executive’s Qualifying Termination occurs during the Change in Control Period and the amount is greater, Executive’s annual (or annualized, if applicable) target bonus in effect immediately prior to the Change in Control.

  • First Year means the intake group of Students for the most junior class or year in a school.