Performance Bonus Incentive Pool A. Withhold and Metrics Clause Samples

The 'Performance Bonus Incentive Pool A. Withhold and Metrics' clause establishes the conditions under which a portion of a performance bonus is withheld and the specific metrics that must be met for its release. Typically, this clause outlines measurable performance targets—such as sales goals, project milestones, or quality benchmarks—that employees or teams must achieve to earn the withheld bonus amount. By clearly defining both the withholding mechanism and the performance criteria, the clause incentivizes desired outcomes and ensures that bonus payments are directly tied to objective achievements, thereby aligning employee efforts with organizational goals.
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Performance Bonus Incentive Pool A. Withhold and Metrics. Pursuant to Sec. 105d(18) of PA 107 of 2013, the Department shall withhold 0.75% of payments to specialty prepaid health plans for the purpose of establishing a performance bonus incentive pool (hereafter referred to as “PBIP”). Distribution of funds from the PBIP is contingent on the PIHP’s results on the joint metrics detailed in section 8.4.2.1.1, the narrative report detailed in section 8.4.2.1.2, and the PIHP-only metrics detailed in section 8.4.2.1.3.
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Performance Bonus Incentive Pool A. Withhold and Metrics. Contract withholds and the Performance Bonus Incentive Program have been established to support program initiatives as specified in the MDHHS Medicaid Quality Strategy. Pursuant to Sec. 105d(18) of PA 107 of 2013, the Department shall withhold 0.75% of payments to specialty prepaid health plans for the purpose of establishing a performance bonus incentive pool (hereafter referred to as “PBIP”). Distribution of funds from the PBIP is contingent on the PIHP’s results on the joint metrics detailed in section 8.4.2.1.1, the narrative report detailed in section 8.4.2.1.2, and the PIHP-only metrics detailed in section 8.4.2.1.3.
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Related to Performance Bonus Incentive Pool A. Withhold and Metrics

  • 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 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”).

  • Target Bonus “Target Bonus” shall mean Employee’s annual bonus, assuming 100% “on target” satisfaction of any objective or subjective performance milestones.

  • 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.

  • Annual Incentive Bonus The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.