Minimum Award Sample Clauses

Minimum Award. The minimum scholarship award to be granted at any time from the Fund is $500. The amount of the scholarship award(s) will be determined by the “distributable income” generated annually by the Fund. The “distributable income is calculated pursuant to BCF’s Investment and Spending Policy. If the distributable amount available from the Fund in any given year is less than $500, BCF, in its sole discretion, may forego making a distribution in said year in order to increase the long term average of the fund value; or BCF may couple the distributable amount of the Fund with another Scholarship Fund to make an award of at least $500.
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Minimum Award. The minimum scholarship award to be granted at any time from the Fund is $500. BCF will make distributions from the Fund by applying a percentage to the “fund value.” The “fund value” will not be the actual value of the fund on the date the percentage amount is applied but instead will be calculated pursuant to BCF’s Investment & Spending Policy attached hereto and incorporated herein as Schedule B. If the distributable amount available from the Fund in any given year is less than $500, BCF, in its sole discretion, may forego making a distribution in said year in order to increase the long term average of the fund value; or BCF may couple the distributable amount of the Fund with another ROTC Scholarship Fund to make these awards at least $500 each.
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Minimum Award. Unless otherwise stipulated by Unicity and in order to minimize processing and handling costs, Unicity will not generate an Award payment for any amount under ten dollars ($10.00). Should a Distributor be eligible for an Award payment of less than ten dollars ($10.00), the equivalent Volume will be credited to the Distributor’s Unicity account.
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Minimum Award. Except as pro- vided in paragraph (c) of this section, a fellowship awarded under this part may not be less than half the national aver- age salary of public school teachers in the most recent year for which satis- factory data are available, as deter- mined by the Secretary.
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Related to Minimum Award

  • Performance Measure Grantee will adhere to the performance measures requirements documented in

  • Performance Award You are hereby awarded, on the Grant Date, a Performance Award with a target value of [AMOUNT].

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

  • Annual Performance Bonus During the Employment Term, the Executive shall be entitled to participate in the STIP, with such opportunities as may be determined by the Chief Executive Officer in his sole discretion (“Target Bonuses”), and as may be increased (but not decreased, except for across-the-board reductions generally applicable to the Company’s senior executives) from time to time, and the Executive shall be entitled to receive full payment of any award under the STIP, determined pursuant to the STIP (a “Bonus Award”).

  • Payout At the commencement of the period of leave, the College shall pay to the participant the moneys standing to his/her credit less any premiums or contributions deducted for the year, except as may otherwise be mutually agreed, it being understood that interest is not earned for the period of leave.