Common use of Incentive Structure Clause in Contracts

Incentive Structure. The Management Company will implement an incentive compensation program, as described in the Administrative Services Agreement, to encourage the Transferred Employees to develop new business opportunities, develop Purchaser’s existing assets, and contribute to the financial performance of Purchaser.

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement

Incentive Structure. The Management Company will implement an incentive compensation program, as described in the Administrative Services Agreement, to encourage the Transferred Employees to develop new business opportunities, develop Purchaser’s 's existing assets, and contribute to the financial performance of Purchaser.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Northern Border Partners Lp)