Total Incentive definition

Total Incentive. The dollar amount listed in Exhibit A of this Agreement, representing the incentive payable under this Agreement subject to §3.4.
Sample 1Sample 2Sample 3
Total Incentive. The dollar amount listed in Attachment A of this Agreement, representing the incentive payable under this Agreement subject to §3.4.
Sample 1

Examples of Total Incentive in a sentence

  • If inspection, investigation, and/or measurement and verification activities find that the Project was not installed as approved, NYSERDA may deem the Project ineligible for future incentive payments, may adjust the Total Incentive, and may prohibit Contractor from submitting additional project applications.

  • Agreement: This Standard Agreement, including Exhibits A (Total Incentive), B (Standard Terms and Conditions), C (Prompt Payment Policy Statement), and the applicable requirements in Sections 4, 6, 7, 8, and 9 of the NYSERDA Bulk Energy Storage Incentive Program Manual, which is incorporated herein and made part hereof as though herein set forth in full, as it may be revised from time to time.

  • Agreement: This Standard Agreement, including Exhibits A (Total Incentive), B (Standard Terms and Conditions), C (Prompt Payment Policy Statement), and the applicable requirements in Sections 4, 6, 7, 8, and 9 of the NYSERDA Bulk Energy Storage Incentive Program Manual, which is incorporated herein andmade part hereof as though herein set forth in full, as it may be revised from time to time.

  • The Annual Payments will be made in seven, equal, annual payments not to exceed 30% of the Total Incentive.

  • The Contractor may request payment of Milestone Payment 1: Commercial Operation Payment (certain percentage of the Total Incentive) upon submission toand approval by NYSERDA of documentation sufficient to demonstrate that the system has achieved Commercial Operation.

  • In general, in cases where a customer eligible to participate in the Program does not apply directly for incentives in accordance with the requirements of the Program, including for reasons of ineligibility to apply directly, the Participating Contractor is required to issue to the eligible customer the Total Incentive minus the Participating Contractor Reward, and as more particularly provided for by the Program Manual.

  • Payments 2-8 (each in the amount equal to one seventh of 30% of the Total Incentive) will become payable beginning twelve (12) months Commercial Operation, and annually thereafter, following Contractor’s submission of Performance Data.

  • The Contractor may request payment of Milestone Payment 1: Commercial Operation Payment (70% of the Total Incentive) upon submission to and approval by NYSERDA of documentation sufficient to demonstrate that the system has achieved Commercial Operation.

  • EXHIBIT A Total Incentive N YSERDA’s incentive payment schedule will be aligned with the applicable utility payment schedule.

  • The Contractor may request payment of Milestone Payment 1: Commercial Operation Payment (25% of the Total Incentive) upon submission to and approval by NYSERDA of all required deliverables for achieving the milestone, as detailed in the Bulk Energy Storage Incentive Program Manual, which deliverables shall include, but are not limited to, the system beginning Commercial Operation.

Related to Total Incentive

  • 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).

  • 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.

  • 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 Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

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

  • 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.

  • 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).

  • 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.

  • Tax Incentive has the meaning set forth in Section 3.13(g).

  • Cash Bonus means an award of a bonus payable in cash pursuant to Section 10 hereof.

  • 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.

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • STIP means the Company’s short-term incentive plan under Section 8 of the Company’s 2007 Omnibus Incentive Plan, effective May 8, 2007, as may be amended from time to time, or any successor plan, program or arrangement thereto.

  • Bonus means the bonus described in the Section 2.3.

  • Cash Incentive Award means a cash award granted pursuant to Section 8 of this Plan.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.

  • 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.

  • 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.

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Subcontractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Target Award means the target award, at 100% of target level performance achievement, payable under the Plan to a Participant for the Performance Period, as determined by the Committee in accordance with Section 3(b).

  • Annual Compensation means an amount equal to the greater of:

  • Density bonus means a floor area ratio bonus over the otherwise maximum allowable density permitted under the applicable zoning ordinance and land use elements of the general plan of a city, including a charter city, city and county, or county of: