Enrollment Incentive Clause Samples

Enrollment Incentive. An additional compensation payment may be paid to part-time and full-time TOP employees who were employed for the prior fiscal year (July 1 – June 30). 11.8.1 The compensation payment will be determined based on the following: • On June 30, the base student enrollment value* will be subtracted from the total student credit hours enrolled on campus and on-line (excluding global campus students) during the previous Fall and Winter semesters. This value (change in enrollment compared to the base year) will be divided by the base enrollment value to determine the percent change in enrollment. • One-half of one percent (0.50%) of base salary will be paid to each eligible employee as a one-time cash payment for each one percent (1%) increase in enrollment. • Employees must be on roll on the date of payment in order to be eligible to receive any portion of the cash payment. No payment will be made if the percent increase in enrollment is less than 1% of the previous fiscal year. *The base enrollment value is defined as total student credit hours enrolled on campus and on-line (excluding global campus students and those credit hours generated through courses offered at additional locations) during the Fall 2017 and Winter 2018 semesters.
Enrollment Incentive. 1. The final invoice for PY 2021-2022 submitted in accordance with Section B above shall include payments for enrollment incentives as detailed in the chart below. Documentation to be submitted with the invoice for enrollment incentive payment shall be the “Enrolled Individual” report from the CalJOBSSM system. New Enrollments Incentive Amount New Enrollments Incentive Amount New Enrollments Incentive Amount 75 150 250 350 450 $10,000 $20,000 $35,000 $50,000 $65,000 50 100 150 200 250 $ 5,000 $ 10,000 $ 15,000 $ 25,000 $ 35,000 25 50 80 120 160 $ 15,000 $ 25,000 $ 35,000 $ 50,000 $ 65,000 Certification Required for Fiscal Reports or Invoices. Pursuant to 2 C.F.R. § 200.415, annual and final fiscal reports or vouchers requesting payment under this AGREEMENT must include a certification, signed by an official who is authorized to legally bind CONTRACTOR, which reads as follows: ‘‘By signing this report, I certify to the best of my knowledge and belief that the report is true, complete, and accurate, and the expenditures, disbursements and cash receipts are for the purposes and objectives set forth in the terms and conditions of the Federal award. I am aware that any false, fictitious, or fraudulent information, or the omission of any material fact, may subject me to criminal, civil or administrative penalties for fraud, false statements, false claims or otherwise. (U.S. Code Title 18, Section 1001 and Title 31, Sections 3729–3730 and 3801–3812).”
Enrollment Incentive. The Superintendent shall receive an off schedule bonus of
Enrollment Incentive. 9.1 Each teacher who helps with enrollment outside the contract day will be compensated.
Enrollment Incentive. The final invoice for PY 2021-2022 submitted in accordance with Section B above shall include payments for enrollment incentives as detailed in the charts below. Documentation to be submitted with the invoice for enrollment incentive payment shall be the “Enrolled Individual” report from the CalJOBSSM system. New Enrollments Incentive Amount 75 10,000 150 20,000 250 35,000 350 50,000 450 65,000 New Enrollments Incentive Amount 50 5,000 100 10,000 150 15,000 200 25,000 250 35,000 New Enrollments Incentive Amount 25 15,000 50 25,000 80 35,000 120 50,000 160 65,000 Certification Required for Fiscal Reports or Invoices. Pursuant to 2 C.F.R. § 200.415, annual and final fiscal reports or vouchers requesting payment under this AGREEMENT must include a certification, signed by an official who is authorized to legally bind CONTRACTOR, which reads as follows: ‘‘By signing this report, I certify to the best of my knowledge and belief that the report is true, complete, and accurate, and the expenditures, disbursements and cash receipts are for the purposes and objectives set forth in the terms and conditions of the Federal award. I am aware that any false, fictitious, or fraudulent information, or the omission of any material fact, may subject me to criminal, civil or administrative penalties for fraud, false statements, false claims or otherwise. (U.S. Code Title 18, Section 1001 and Title 31, Sections 3729–3730 and 3801–3812).”
Enrollment Incentive. The Superintendent will receive a stipend in the amount of Five Thousand Dollars ($5,000.00), less all applicable federal, state and local withholdings and deductions, if student enrollment increases by 200 students or more between the February 2017 and February 2018 ADM counts. The Superintendent will receive an additional stipend in the amount of Five Thousand Dollars ($5,000.00), less all applicable federal, state and local withholdings and deductions, if student enrollment increases by 200 students or more between the February 2018 and February 2019 ADM counts.

Related to Enrollment Incentive

  • Retirement Incentive To recognize the contribution of those employees who have provided long and dedicated service to the district, the Board shall provide a retirement incentive to teachers who meet the following eligibility requirements: a. the teacher must have completed 15 years of service to District #34 by the date of his or her retirement; b. the teacher must submit a written, irrevocable, notice of intent to retire to the Superintendent by no later than August 1 of the start of the retirement incentive period; and c. the teacher must not have received an increase of greater than 6% in creditable earnings (excluding any grandfathered or exempt earnings) in the three (3) school years immediately preceding the proposed start of the retirement incentive. In up to each of the final four years of his/her employment, the teacher shall receive an incentive of 5% over his/her prior year’s base salary (which in the second, third and fourth year of the incentive includes the prior year’s retirement incentive). In the event that the State of Illinois should raise the maximum allowable percent increase, the Board will honor an increase up to 6% so long as the district does not incur any penalty. Once the teacher begins to receive the retirement incentive, he/she shall not be eligible for earnings from extra duties or summer school, stipends, and/or any other type of compensation that could result in the Board’s obligation to pay any additional contribution or “penalty” to TRS. However, the teacher may submit a request to the Superintendent’s office to continue performing paid extra duties or to earn additional compensation, so long as any such additional compensation would not result in the teacher receiving a greater than 6% increase over his/her prior year’s creditable earnings. The Superintendent’s grant or denial of such request shall be non-precedential and non-grievable. Any payment necessary to ensure the retiring employee receives an incentive of 5% shall be made in a lump sum each year by no later than June 30th. In the event a certified employee who tenders his or her irrevocable letter of resignation experiences a drastic and unanticipated change in personal circumstances, the Board may, at its option, permit the certified employee to revoke his or her irrevocable letter of resignation. In the event the Illinois General Assembly enacts any legislation during the term of this Agreement, which legislation would require the District to pay any additional moneys (or lose any additional revenues) to the State of Illinois and/or the Illinois Teachers’ Retirement System on account of its payment of this retirement incentive, then this retirement incentive shall cease to exist at the end of the current school term. However, prior to the cessation of the benefit, either party may demand to bargain concerning whether some or all of the retirement incentive can be continued without adding any additional costs to the District. Eligibility to submit a request to receive this incentive shall terminate on August 1, 2021, and any such request received prior to August 1, 2021, must be for retirement to occur no later than the end of the 2024-2025 school year.

  • Enrollment You are responsible for i) having all of the required information in this Agreement completed and

  • Eligible Employee For purposes of the SIMPLE 401(k) Plan provisions, any Employee who is entitled to make Elective Deferrals under the terms of the SIMPLE 401(k) Plan.

  • Early Retirement Incentive The Employer may offer to any faculty member or a faculty member may apply for one of the early retirement incentive alternatives described herein, provided the faculty member meets the following criteria. The Union shall be advised in writing of any offer of early retirement made to a faculty member.

  • Management Incentive Plan “Management Incentive Plan” shall mean the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.