Hybrid Compensation Model Clause Samples

Hybrid Compensation Model. (a) The Government and the BCMA shall create an ad hoc working group (the “Hybrid Working Group”) to consider and make recommendations regarding a hybrid model of compensation that includes both a prospective and retrospective payment component. (b) The Hybrid Working Group will be composed of four members, two of whom will be appointed by the Government, two of whom will be appointed by the BCMA. (c) The Hybrid Working Group will commence its work by April 1, 2013, and will, on matters where all members of the Hybrid Working Group agree, submit a written report and recommendations to the Physician Services Committee by March 31, 2014. In preparing that report and recommendations, the Hybrid Working Group will, among other things, consider the following: (i) models of hybrid compensation that could more closely align compensation with service and quality outcomes than fee for service or purely fixed payment (such as a Service Contract or Salary Agreement) may do alone; (ii) services that could be provided within the prospective component of compensation and services that could be incentivised within the retrospective component of compensation; (iii) areas of practice that may be suited for application of hybrid compensation models; (iv) areas of practice or physician groups for participation in a potential hybrid compensation pilot project; and (v) input from both the General Practice Services Committee and the Specialist Services Committee. (d) The Physician Services Committee will consider any report and recommendations received from the Hybrid Working Group and make any decisions regarding such report and recommendations by consensus decision.
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Related to Hybrid Compensation Model

  • Fixed Compensation Each of the Co-Managers will receive certain additional fixed compensation pursuant to separate agreements with Masterworks, which is not tied specifically to this Offering or to any other specific offering, but a portion of which is deemed to be underwriting compensation for this Offering. Such additional fixed compensation relates to (i) a monthly retainer for administrative support services and (ii) fixed compensation payments to representatives of Arete. $8,224 is a reasonable estimate of costs and expenses referenced in clauses (i) and (ii) above that are appropriately allocated to this Offering.

  • Short-Term Incentive Compensation In addition to the foregoing Base Salary, the Executive shall be eligible during the Term to receive cash short-term incentive compensation, determined and payable in the discretion of the Compensation Committee of the Board. At least annually, the Compensation Committee shall consider awarding short-term incentive compensation to the Executive.

  • Incentive Compensation Plan In addition to receipt of Basic Compensation under the Employment Agreement, you shall participate in the Incentive Compensation Plan for Executive Officers of the Company (the “Compensation Plan”) and shall be eligible to receive incentive compensation under the Compensation Plan as may be awarded in accordance with its terms.

  • 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.

  • Deferred Compensation Plan Manager shall be eligible to participate in the First Mid-Illinois Bancshares, Inc. Deferred Compensation Plan in accordance with the terms and conditions of such Plan.