Incentive Schemes Sample Clauses
The Incentive Schemes clause establishes the framework for rewarding employees or contractors based on performance or achievement of specific targets. Typically, this clause outlines the criteria for earning incentives, such as sales goals, project milestones, or other measurable outcomes, and details the form and timing of such rewards, which may include bonuses, commissions, or stock options. Its core practical function is to motivate individuals to achieve desired results by providing clear, structured rewards, thereby aligning their efforts with the organization's objectives.
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Incentive Schemes. Section 4 Part 1: Nationally Mandated Incentive Schemes Module B, Section 4 Part 2 Section 4 Part 2: Commissioning for Quality and Innovation (CQUIN) Section 4 Part 3: Locally Agreed Incentive Schemes
Incentive Schemes. The Company has not introduced, nor is it proposing to introduce, any share incentive scheme, share option scheme or profit sharing, bonus, commission or other such incentive scheme for any of its directors or Employees.
Incentive Schemes. If the Executive is at any time granted options pursuant to a share option scheme of the Company, those options shall be subject to the rules of that scheme as in force from time to time which rules shall not form part of the Executive's service agreement. In particular, if the Executive's employment should terminate for any reason (including as a result of a repudiatory breach of contract by the Company) he will not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit under any such scheme which he may have enjoyed whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise.
Incentive Schemes. No Group Company has in existence nor is it proposing to introduce any share incentive scheme, share option scheme or profit sharing bonus or other such incentive scheme for all or any of its directors or employees.
Incentive Schemes. The Company has not agreed to any share incentive scheme, share option scheme, bonus scheme, profit-sharing scheme or other employee incentive scheme in respect of the Business or with any Employee which has not been fairly disclosed to the Buyer.
Incentive Schemes. The Company does not have and is not proposing to introduce a share incentive, share option, profit sharing, bonus or other incentive scheme for any of its directors, other officers or employees.
Incentive Schemes. Except as set forth in Schedule 3.21(f) of the Disclosure Schedule, no Group Company has in existence nor is it proposing to introduce any share incentive scheme, share option scheme or profit sharing bonus or other such incentive scheme for all or any of its directors or employees except as provided in the Transaction Documents.
Incentive Schemes. 1.1. The Broadcaster is offering the following incentives to the Operators on the Bouquet Rates or A- la Carte Rates (as applicable) as set out in Annexure – A of the Agreement, subject to fulfillment of the terms and conditions (hereinafter ‘Criteria’) set out below:
Incentive Schemes. The Group does not have and is not proposing to introduce a share incentive, share option, profit sharing, bonus, commission or other incentive scheme for any of its Employees.
Incentive Schemes. 6.4.1 The Seller has provided to the Purchaser copies of the rules and other documentation relating to all share incentive, share option, profit sharing, bonus or other incentive arrangements, including employee benefit trusts, relating to any Relevant Employees.
6.4.2 The Purchaser will not become liable for any social security contributions arising out of the grant, exercise or release of such awards, options and other incentive arrangements which are not fully provided for in the Accounts.
6.4.3 In respect of all share incentive, share option, profit sharing, bonus or other incentive arrangements, including employee benefit trusts, relating to any Relevant Employees, the Seller has properly complied with all applicable statutory requirements or other equivalent withholding system and social security contributions including making such deductions as are required by law from all payments made or deemed to be or treated as made by it or on its behalf and by duly accounting to the relevant Tax Authority for all sums so deducted and for all other amounts for which it is required to account under applicable law, social security contributions or other equivalent withholding systems.
6.4.4 The Purchaser is not and will not become liable to pay any amount (other than Tax) to any employee benefit trust operating in conjunction with any share incentive, share option, profit sharing, bonus or other incentive arrangements for or affecting any Relevant Employees.