Exceptional Achievement Incentive Program Clause Samples

The Exceptional Achievement Incentive Program clause establishes a framework for rewarding individuals or teams who exceed predefined performance benchmarks. Typically, this clause outlines the criteria for exceptional achievement, the types of incentives available—such as bonuses, additional paid time off, or public recognition—and the process for evaluating and approving such rewards. Its core practical function is to motivate outstanding performance by providing tangible benefits, thereby encouraging higher productivity and engagement within the organization.
Exceptional Achievement Incentive Program. The purpose of this program is to provide ASF Members with an incentive to attain high achievement in a number of areas. It will provide recognition to an ASF Member who has demonstrated ongoing exceptional achievement as defined in Subds. 2 and 3 of this Section. The Exceptional Achievement Incentive Program shall be based on the principles of demonstrated consistent high performance and achievement. For each Fiscal Year of this Agreement, no more than ten percent (10%) of the eligible ASF Members at each university, as of July 1st, may have applications approved and receive an incentive under this program.
View SourceView Similar (18)
Exceptional Achievement Incentive Program. The purpose of this program is to provide ASF Members with an incentive to attain high achievement in a number of areas. It will provide recognition to the career ASF Member who consistently demonstrates exceptional achievement as defined in Subds. 2 and 3 of this Section. The Exceptional Achievement Incentive Program shall be based on the principles of demonstrated consistent high performance and achievement. For each year of the agreement, no more than ten percent (10%) of the eligible ASF Members at each university may have plans approved under this program. Subd. 1. To be eligible for this program an ASF Member must have been employed for a minimum of five (5) consecutive years with a Minnesota State University. Of these five years, the two (2) most recent years must be in the ASF Member's current externally funded, probationary or permanent position. The remaining three (3) years must be either: a) in any position (excluding undergraduate and graduate student employment) within the university in which the individual is currently employed, or b) in any ASF position at any Minnesota State University. Subd. 2. An eligible ASF Member is expected to demonstrate exceptional achievement under Subd. 3(a) of this Section, as well as in a minimum of two (2) additional areas identified in Subd. 3. The ASF Member and his/her supervisor will develop a mutually agreed upon plan. This plan may be initiated by either the ASF Member or the Employer. Once the plan has been mutually agreed to by the ASF Member and his/her supervisor it shall be submitted to the appropriate Vice President. If the Vice President recommends approval of the plan, he/she shall convene a meeting of all the Vice Presidents on his/her campus within a reasonable period of time. If the Vice Presidents recommend approval of the plan it shall be submitted to the President whose decision shall be final. If the ASF Member's Vice President, the group of campus Vice Presidents or the President rejects a plan he/she/they shall provide a written statement of the reasons for the rejection to the ASF Member within two (2) weeks of their decision. The decision to approve or not approve a plan shall not be grievable. Subd. 3. Criteria. The criteria to be used shall be: (a) Demonstrated ability to effectively perform job responsibilities. High achievement in performing one's current responsibilities is a necessary condition of an exceptional achievement incentive plan. A pattern of consistent high achievement...
View SourceView Similar (8)
Exceptional Achievement Incentive Program. Subd. 3.
View Source

Related to Exceptional Achievement Incentive Program

  • Long-Term Incentive Program During the Term, the Employee shall participate in all long-term incentive plans and programs of the Group that are applicable to its senior executives in accordance with their terms and in a manner consistent with his position with the Company.

  • STATEWIDE ACHIEVEMENT TESTING When CONTRACTOR is a NPS, per implementation of Senate Bill 484, CONTRACTOR shall administer all Statewide assessments within the California Assessment of Student Performance and Progress (“CAASPP”), Desired Results Developmental Profile (“DRDP”), California Alternative Assessment (“CAA”), achievement and abilities tests (using LEA-authorized assessment instruments), the Fitness Gram, , the English Language Proficiency Assessments for California (“ELPAC”), and as appropriate to the student, and mandated by LEA pursuant to LEA and state and federal guidelines. CONTRACTOR is subject to the alternative accountability system developed pursuant to Education Code section 52052, in the same manner as public schools. Each LEA student placed with CONTRACTOR by the LEA shall be tested by qualified staff of CONTRACTOR in accordance with that accountability program. ▇▇▇ shall provide test administration training to CONTRACTOR’S qualified staff. CONTRACTOR shall attend LEA test training and comply with completion of all coding requirements as required by ▇▇▇.

  • 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.

  • Incentive Program Members who are rated as either Level I, Level II or Level III in every phase of the Physical Fitness Test are eligible to participate in the Incentive Program.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.