Maximum Payout Clause Samples

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Maximum Payout. In case the Insured Person's Hospitalisation covers Hospital Daily Cash Benefit or ICU Daily Cash Benefit or Accident Daily Cash Benefit or combination of these, the highest of the Daily Cash Amount applicable will be paid in respect of each and every completed day depending on the type of Hospitalisation (Illness/ ICU/ Accident). There will be no cumulative payout under these 3 Benefits and only the highest of the payout applicable will be paid.
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Maximum Payout. At no time shall the total amount paid out by the School District for early retirement incentive pay in any one (1) year exceed a total of $30,000. Application for early retirement incentive pay shall be allowed on a first come first served basis.
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Maximum Payout. If the established metrics are achieved above the target metric amount, you may be eligible to be paid up to 140% of your TBL as set forth in the table below. In addition, if at least the minimum payout Attainment % of the Performance Metric is achieved, you may be eligible to be paid up to an additional 25% of your TBL, if you receive a PF rating of “Outstanding” or “Distinguished”. If you receive a PF other than “Outstanding” or “Distinguished,” or the percentage bonus amounts for the “Outstanding” or “Distinguished” categories is determined to be less than 25%, you will receive a lesser amount (between 0 and 25% of your TBL). Even if you receive a PF rating of “Outstanding” or “Distinguished,” you may not receive any payment other than Payout % of your TBL indicated in the table below based on the actual Attainment % of Performance Metric achieved. In no event may the maximum payout amount be greater than the lesser of 165% of your TBL or the maximum payout under the executive feature of Cerner’s 162(m) Performance-Based Compensation Plan relative to Section 162(m) of the Internal Revenue Code (the “162(m) Plan”).
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Maximum Payout. Notwithstanding any provision under this Award Agreement and in accordance with the terms of the Plan, your maximum aggregate payout (determined as of the last day of the Performance Period) in any one fiscal year will be equal to the value of two hundred fifty thousand (250,000) Shares.
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Maximum Payout. If the established Performance Metric is achieved above the target metric amount, you may be eligible to be paid up to 140% of your TBL as set forth in the table below. In addition, if at least the minimum payout Attainment % of the Performance Metric is achieved, you may be eligible to be paid up to an additional 25% of your TBL, if you receive a PF rating of “Outstanding” or “Distinguished”. If you receive a PF other than “Outstanding” or “Distinguished,” or the percentage bonus amounts for the “Outstanding” or “Distinguished” categories is determined to be less than 25%, you will receive a lesser amount (between 0 and 25% of your TBL). Even if you receive a PF rating of “Outstanding” or “Distinguished,” you may not receive any payment other than the Payout % of your Total Opportunity indicated in the table below based on the actual Attainment % of the Performance Metric achieved. The maximum payout (the “Maximum Payout”) is capped at «Base %» of your base salary effective March 6, 2012 (the date the performance targets were established). MAXIMUM PAYOUT REDUCTION -- BASED ON PERFORMANCE FACTOR You will receive a quarterly and an annual PF rating determined by your direct manager, which rating may affect the Total Opportunity incentive payment calculation as set forth below.
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Maximum Payout. No individual will receive compensation from the Class Fund in 2 excess of the following: 3 a. No more than four thousand dollars ($4000.00) for wage claims, due to all 4 members of the California H-2A Class. 5 b. No more than four thousand dollars ($4000.00) for recruitment claims, due 6 to all members of the California-Only Subclass, in addition to the above. 7 c. This maximum is separate from the Enhancement Payment to Named
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Related to Maximum Payout

  • Maximum Payments Nothing contained herein shall be deemed to establish or require the payment of a rate of interest or other charges in excess of the maximum permitted by applicable law. In the event that the rate of interest required to be paid or other charges hereunder exceed the maximum permitted by such law, any payments in excess of such maximum shall be credited against amounts owed by the Borrower to the Holder and thus refunded to the Borrower.

  • Maximum Payment The maximum period or aggregate of periods of accident make-up pay to be made by an Employer will be a total of 39 weeks for any one injury.

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .

  • Minimum Payments (a) Where the employee is under 45 years of age, the employer shall pay the employee Less than 1 year Nil 1 year and less than 2 years 4 weeks pay 2 years and less than 3 years 7 weeks pay 3 years and less than 4 years 10 weeks pay 4 years and less than 5 years 12 weeks pay 5 years and less than 6 years 14 weeks pay 6 years and over 16 weeks pay. (b) Where the employee is 45 years of age or over, the employer shall pay the employee in accordance with the following scale: Less than 1 year Nil 1 year and less than 2 years 5 weeks pay 2 years and less than 3 years 8.75 weeks pay 3 years and less than 4 years 12.5 weeks pay 4 years and less than 5 years 15 weeks pay 5 years and less than 6 years 17.5 weeks pay 6 years and over 20 weeks pay

  • Minimum Payment Overtime worked on a Saturday or Sunday will be paid for at the rate of double Ordinary Rates. Employees required to work on a Saturday or Sunday will be afforded a minimum 4 hours work, or be paid as if for 4 hours at the aforementioned overtime rates.