Incentive Amount Clause Samples

Incentive Amount. An annual amount equal to fifteen percent (15%) of the Adjusted Gross Operating Profit up to the Profit Target and twenty five percent (25%) of the Adjusted Gross Operating Profit in excess of the Profit Target.

Incentive Amount. An amount payable to the Managing General Partner during the life of the Partnership for services rendered to the Partnership. The Incentive Amount shall be calculated in accordance with Section 12.03 hereof.

Incentive Amount. During the Partnership's existence, the Managing General Partner will be paid a nonaccountable Incentive Amount for services rendered to the Partnership, equal to 1.25% of all Partnership net Revenues, except that for the first 12 months after the Partnership's Formation Date, the Incentive Amount will instead be an amount equal to 1.5% of SDI Subscriptions. For the purpose of determining the Incentive Amount hereunder, net Revenues shall mean Revenues received under Net Profits Agreement or under Nonoperating Interests held outside of any Net Profits Agreement. The Incentive Amount will be payable solely out of 50% of the Partnership's first Revenues in each period.

Incentive Amount. 8.16.2.1 An eligible retiring full-time unit member will receive one hundred (100) percent of the difference between the first step of their classification, and the classification range and step of the retiring unit member. Longevity and shift differential shall be included in the calculation. A part-time unit member shall receive a prorated amount. 8.16.2.2 The Retirement Incentive amount shall be paid within 30 days following the District’s determination of eligibility and the unit member’s retirement date, whichever is later.

Incentive Amount. 1. The Village shall reimburse Developer for TIF Eligible Redevelopment Costs, in relation to the Project, in an amount not to exceed One Million Five Hundred Thousand and No/100 Dollars ($1,500,000.00) from the Incentive Fund (the “Funding Cap”). 2. The total amount paid by the Village to the Developer from the Incentive Fund shall not exceed the Funding Cap. 3. Beginning on the Commencement Date, the Village shall deposit Incremental Property Taxes into the Incentive Fund. The Village shall pledge and rely solely upon Incremental Property Taxes for reimbursement to the Developer for TIF Eligible Redevelopment Costs and no other revenue sources. 4. The Village will also reimburse the Developer an additional Five Hundred Thousand and No/100 Dollars ($500,000.00) from sources other than the Incentive Fund, outside of the Funding Cap (“Public Improvements Incentive”), for a portion of the Developer’s cost of the public improvements constructed by the Developer relative to the Project described in EXHIBIT G attached hereto and made a part hereof (“Public Improvements”).

Incentive Amount. In consideration for the Executive remaining an employee of the Company through the Closing and to provide additional compensation to Executive for his past service to the Company, if the Executive remains employed by the Company through and until the Closing,, then, upon the completion of the Closing, the Company shall pay to Executive within five (5) business days immediately following the Closing, a single lump sum payment in the amount of ___________________________________________________ dollars ($_________________________) (the "Incentive Amount"), payable 50% in cash and 50% in Shaw ▇▇▇ck. The number of shares of Shaw ▇▇▇ck paid shall be determined based upon the closing price of a share of Shaw ▇▇▇ck on the New York Stock Exchange, Inc. on the date of the Closing, as reported by the Wall Street Journal, published on the next business day after the date of the Closing. Executive and the Company understand that no amount shall be payable to the Executive pursuant to this Agreement in the event that the Closing is never completed and effectuated or the Merger Agreement is terminated.

Incentive Amount. The University agrees to pay Employee a one-time lump sum Relocation Incentive in the amount of $________________, subject to all applicable taxes and withholdings. This amount shall be included in Employee's first regular paycheck.

Incentive Amount. 8.17.2.1 An eligible retiring full-time unit member will receive one hundred (100) percent of the difference between the first step of his/her classification, and the classification range and step of the retiring unit member. Longevity and shift differential shall be included in the calculation. A part-time unit member shall receive a prorated amount. 8.17.2.2 The Retirement Incentive amount shall be paid within 30 days following the District’s determination of eligibility and the unit member’s retirement date, whichever is later. 8.17.2.3 The provisions of this entire paragraph (8.17 Early Retirement Incentive Program) shall be null and void after the last day (see Article 18) of this Agreement.

Incentive Amount. An additional One Hundred Fifty Thousand Dollars ($150,000) (the “Incentive Amount”) shall be included in the Closing Payment transferred by Parent at or before the Effective Time in accordance with Section 3.01(a), provided the Closing occurs on or prior to October 24, 2005. For purposes of clarification, if the Closing occurs after October 24, 2005, the Closing Payment transferred by Parent will include only the Base Purchase Price.