Non-US Slotting Fee Credit to Performance Payments Sample Clauses

Non-US Slotting Fee Credit to Performance Payments. The Non-US Slotting Fee for each Non-US Exclusive Country will not be credited toward Performance Payments owed by EI to Microsoft, unless the total amount per Non-US Exclusive Country of Performance Payments exceeds Two Million Dollars (US$2,000,000.00) in the first full Annual Term, or exceeds Four Million Dollars (US$4,000,000.00) in any subsequent full Annual Term. The following examples are provided for the purposes of this Section 4.3(c): Example 1: If the United Kingdom ("UK") Co-Branded Site earns $3,000,000 in Performance Payments in the first full Annual Term, EI would pay Microsoft UK: (i) a Non-US Slotting Fee Amended & Restated MSN/Expedia Carriage Agreement FINAL -- June 29, 2001 ($250,000); (ii) 100% of the first $2,000,000 in Performance Payments, and (iii) $750,000 of the next $1,000,000 in Performance Payments ($1,000,000 less the Non-US Slotting Fee). Example 2: If the UK Co-Branded Site earns $3,000,000 in Performance Payments in the second full Annual Term, EI would pay Microsoft UK: (i) A Non-US Slotting Fee ($250,000), and (ii) 100% of the first $3,000,000 in Performance Payments. Example 3: If the UK Co-Branded Site earns $5,000,000 in Performance Payments in the third full Annual Term, EI would pay Microsoft UK: (i) A Non-US Slotting Fee ($250,000); (ii) 100% of the first $4,000,000 in Performance Payments and (iii) $750,000 of the next $1,000,000 ($1,000,000 less the Non-US Slotting Fee).
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Related to Non-US Slotting Fee Credit to Performance Payments

  • 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.

  • Performance by Contractor Where Pur- chaser’s employees, agents, contractors, Subcontractors, or their employees or agents perform Purchaser’s Opera- tions in connection with fire responsibilities, Purchaser’s obligations shall be the same as if performance was by Purchaser.