Bonuses and Rewards Sample Clauses

The 'Bonuses and Rewards' clause defines the terms under which additional compensation or incentives are provided beyond regular pay. It typically outlines the criteria for earning bonuses, such as meeting performance targets, achieving sales goals, or completing projects ahead of schedule, and specifies the timing and method of payment. This clause ensures both parties understand the conditions for receiving extra compensation, thereby motivating performance and reducing disputes over entitlement to rewards.
Bonuses and Rewards. 14.2.1. The Company can and will, from time to time, give out bonuses and rewards, and this is all subjected to specific terms and conditions. The Company updates promotions and rewards every now and then and may give prior notification on up and coming rewards and bonuses. 14.2.2. All rewards and bonuses have expiry dates; the Company will clearly state on the me- chanics and on their information on how long the promotions will run. If problems persist re- ▇▇▇▇▇▇▇ the Company’s promotions and rewards, contact the Company, the Management, or any of the Company’s authorized representatives immediately and the Company will be grateful to assist, and if further problems and negligence happen, the Company will not be taking any liabilities from the occurrence. 14.2.3. The Company is not liable for any conundrum that involves third-party software and ap- plications; it is the Clients’ sole responsibility to keep track fraudulent offers, in this case, bonuses and rewards, especially if it goes outside the Company’s premises. 14.2.4. New Client bonuses and rewards are also offered by the Company; incentives are given from opening accounts and for depositing for the first time. These bonuses and rewards are also subject to specific terms and conditions within the Company. In order for the Client to withdraw the bonuses provided by the Company, and the profit generated from his/her trading, the Client must be able to comply with the Terms of Use provided regarding reaching trading volume. 14.2.5. The Company can also alleviate any bonuses and rewards on its sole logical and rational discretion if any of the applicable Terms and Conditions was violated or any fraudulent activities are suspected. If negligence is seen amongst the Clients, relevant consequences and restrictions may proceed after. 14.2.6. In the event that the Client requests to withdraw the Company bonus he/she availed, he/ she must comply with the bonus guidelines accordingly while the request will be subject for the approval of the Company. If the Client received a bonus during his/her trading, the same per- centage ratio of the withdrawal amount from the balance will be deducted from his/her bonus.
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Related to Bonuses and Rewards

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

  • Employees and Compensation Schedule 3.11 contains a true and complete list as of the date of this Agreement of all employees of the Seller engaged in the Intermittent Testing Business (collectively, the "Employees") and a description of all compensation arrangements affecting them, including all written or oral employment agreements, all accrued vacation and other obligations that have accrued as of the date of this Agreement, such schedule to be updated prior to the Closing pursuant to Section 5.12. Except as set forth in Schedule 3.11, all Employees of the Seller are employed "at will" and may be terminated at any time with or without cause, without payment of additional compensation beyond accrued salary and vacation, and with no more than two weeks notice. There is no organized labor strike, dispute, slowdown or stoppage, collective bargaining or unfair labor practice claim, union representation question or arbitration or grievance proceeding, (collectively, "Labor Matters"), pending, or to the knowledge, of the Seller threatened, against or affecting the Seller. Schedule 3.11 lists each Labor Matter that involves a claim or potential claim against, or that enjoins or compels or seeks to enjoin or to compel any activity by the Seller with respect to the Intermittent Testing Business. The Seller is and has been in compliance in all material respects with all applicable laws respecting employment and employment practices, terms and conditions of employment and wages and hours, including, without limitation, any such laws respecting employment discrimination, occupational safety and health, and unfair labor practices. There is no unemployment discrimination or unfair labor practice charge or complaint against the Seller pending or, to the knowledge of the Seller, threatened before the National Labor Relations Board, Office of Federal Contract Compliance Programs, U.S. Equal Employment Opportunity Commission, or any comparable state, local or foreign agency. The Seller has not experienced any material work stoppage in the last 18 months. The Seller is not delinquent in payments to any of its Employees for any wages, salaries, commissions, bonuses or other compensation for any services performed by them or amounts required to be reimbursed to such Employees. Upon termination of the employment of any of the Employees of the Seller before or after the Closing Date, neither the Purchaser, or except as set forth in Schedule 3.11, the Seller, will be liable to such employees for severance pay. The Seller is not a party to or bound by any collective bargaining agreements.

  • Bonuses Executive shall be entitled to participate in discretionary bonuses or other incentive compensation programs that the Company and the Bank may award from time to time to senior management employees pursuant to bonus plans or otherwise.

  • Recovery of Bonus and Incentive Compensation Any bonus and incentive compensation paid to you during a CPP Covered Period is subject to recovery or “clawback” by the Company if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.