Common use of Incentive Targets Clause in Contracts

Incentive Targets. 5.1 From 1 January 2026, if the Private Doctor meets the requirements of Clause 5.2, he shall be eligible to make claims for Incentive Payments from the Government in accordance with the provisions of this Clause, Schedule 1 and Schedule 4. An Incentive Payment is payable in respect of a calendar year. 5.2 In order to be eligible to make a claim for an Incentive Payment, the Private Doctor must have met ALL the requirements set out in the column headed “Achievement Requirements for Target Parameters” for ALL the target parameters set out in the column headed “Target Parameters” set out part (4A) of Schedule 4 in a calendar year. 5.3 If a Private Doctor is eligible to make a claim, an Incentive Payment in respect of a calendar year may be payable depending on whether the Qualified SPs have achieved their respective applicable individual achievement requirements in respect of target parameters according to the provisions of part (4B) of Schedule 4 in the calendar year. The first calendar year for which such achievement will be considered is 1 January 2025 to 31 December 2025. For the purposes of this Agreement, a “Qualified SP” means a Scheme Participant that is under a Private Doctor’s care and who has been in the CDCC Pilot Scheme for at least two PPYs by 31 December of the calendar year.