Non-Performance Compensation Clause Samples

The Non-Performance Compensation clause establishes the terms under which a party is compensated if the other party fails to fulfill their contractual obligations. Typically, this clause outlines the specific conditions that constitute non-performance, the method for calculating compensation, and the process for making claims. By clearly defining the consequences of non-performance, the clause incentivizes compliance and provides a mechanism for financial redress, thereby protecting the interests of the non-breaching party.
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Non-Performance Compensation. Service Availability AT&T shall receive a credit to Licensor’s monthly Support and Maintenance invoice for shortfall in the Availability requirement per Table below. 4.3.1. Availability Credits Service Availability Monthly Invoice Credit for Availability Shortfall
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Non-Performance Compensation. Supplier acknowledges that its failure to meet a Service Level shall result in non-performance compensation owed to AT&T, as set forth within the applicable Service Level Agreement. Non-performance compensation may be taken in the form of credits or payments, as specified by AT&T.
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Non-Performance Compensation. Service Availability AT&T shall receive a credit to Licensor’s monthly Support and Maintenance invoice for shortfall in the Availability requirement per Table below. 4.3.1. Availability Credits Service Availability Monthly Invoice Credit for Availability Shortfall 99.90% - 100% [*****] 98.0% - 99.89% [*****] < 98.0% [*****] [*****] Certain portions denoted with an asterisk have been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. 44 AT&T Proprietary (Internal Use Only) Not for use or disclosure outside the AT&T companies except under written agreement CONFIDENTIAL TREATMENT
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Related to Non-Performance Compensation

  • 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”).

  • 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.

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Performance Bonus The Executive shall be eligible to receive an annual performance bonus, payable within sixty (60) days after the end of the fiscal year of the Employer, in an amount not to exceed twenty-five percent (25%) of the Executive's Base Salary for the applicable year. The amount, if any, shall be determined by the Board, or the appropriate committee thereof, and shall generally be based on a combination of organization-wide and individual performance criteria.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.