Common use of Performance Incentive Compensation Clause in Contracts

Performance Incentive Compensation. 8.1. During each Contract Year, Coach will be eligible to receive performance incentive compensation for achieving annual specified performance goals (“Performance Goals”) in the amounts set forth in Appendix E (“Incentive Compensation”), provided Coach meets the Performance Incentive Criteria, as that term is defined herein, during each Contract Year. Any such Incentive Compensation shall be prospective, compensating Coach only for services and events which have not occurred at the time of the signing of this Agreement. Any Incentive Compensation provided will be (a) subject to any conditions, limits or restrictions as set forth in this Agreement; (b) subject to any conditions, limits, or restrictions of University Rules; and (c) subject to the availability of adequate funding. All determinations of whether adequate funding is available shall be determined by the Director of Athletics, in his/her sole discretion. Incentive Compensation shall be payable by June 30 of each Contract Year in which it was earned. 8.2. Coach shall only be eligible for Incentive Compensation if all the following conditions are met (collectively, the “Performance Incentive Criteria”): ▇.▇.▇. ▇▇▇▇▇ completes the baseball season during which the Performance Goal(s) was achieved in the capacity as Head Baseball Coach; and ▇.▇.▇. ▇▇▇▇▇ is compliant with all provisions of this Agreement at the time of the payout of the Incentive Compensation; and 8.2.3. This Agreement has not been terminated by ICAA for Cause during the Contract Year during which the Performance Goal(s) was achieved; and 8.2.4. Both Coach and the Program are in compliance with all Governing Athletics Rules and University Rules during the Contract Year during which the Performance Goal(s) was achieved. For purposes of this section, “in compliance” shall mean that no disciplinary action was taken against Coach or the Program for the violation of the Governing Athletics Rules and/or the University Rules by the NCAA, AAC, ICAA, and/or the University, by the time the Incentive Compensation is due; and 8.2.5. There are no pending or active NCAA, ICAA, and/or University investigations concerning Coach and/or the Program at the time of the payout of the Incentive Compensation. 8.3. Coach shall repay any Incentive Compensation paid for a Performance Goal that is subsequently vacated by the NCAA due to conduct that occurred while Coach was serving as Head Baseball Coach, provided that Coach either knew about, or should have reasonably known about and did not act reasonably to prevent, limit, or mitigate, the violation that caused the NCAA to vacate such a Performance Goal. This Section shall survive termination or expiration of this Agreement for a period of five (5) years after termination or expiration. Such reimbursement shall be due in full within sixty (60) days of written demand from ICAA.

Appears in 1 contract

Sources: Head Coach Employment Agreement

Performance Incentive Compensation. 8.17.1. During each Contract Year, Coach will be eligible to receive performance incentive compensation for achieving annual specified performance goals (“Performance Goals”) in the amounts set forth in Appendix E C (“Incentive Compensation”), provided Coach meets the Performance Incentive Criteria, as that term is defined herein, during each Contract Year. Any such Incentive Compensation shall be prospective, compensating Coach only for services and events which have not occurred at the time of the signing of this Agreement. Any Incentive Compensation provided will be (a) subject to any conditions, limits or restrictions as set forth in this Agreement; (b) subject to any conditions, limits, or restrictions of University Rules; and (c) subject to the availability of adequate funding. All determinations of whether adequate funding is available shall be determined by the Director of Athletics, in his/her sole discretion. Incentive Compensation shall be payable by June 30 of each Contract Year in which it was earned. 8.27.2. Coach shall only be eligible for Incentive Compensation if all the following conditions are met (collectively, the “Performance Incentive Criteria”): ▇.▇.▇. ▇▇▇▇▇ completes the baseball Men’s Tennis season during which the Performance Goal(s) was achieved in the capacity as Head Baseball Men’s Tennis Coach; and ▇.▇.▇. ▇▇▇▇▇ is compliant with all provisions of this Agreement at the time of the payout of the Incentive Compensation; and 8.2.37.2.3. This Agreement has not been terminated by ICAA for Cause during the Contract Year during which the Performance Goal(s) was achieved; and 8.2.47.2.4. Both Coach and the Program are in compliance with all Governing Athletics Rules and University Rules during the Contract Year during which the Performance Goal(s) was achieved. For purposes of this section, “in compliance” shall mean that no disciplinary action was taken against Coach or the Program for the violation of the Governing Athletics Rules and/or the University Rules by the NCAA, AAC, ICAA, and/or the University, by the time the Incentive Compensation is due; and 8.2.57.2.5. There are no pending or active NCAA, ICAA, and/or University investigations concerning Coach and/or the Program at the time of the payout of the Incentive Compensation. 8.37.3. Coach shall repay any Incentive Compensation paid for a Performance Goal that is subsequently vacated by the NCAA due to conduct that occurred while Coach was serving as Head Baseball Men’s Tennis Coach, provided that Coach either knew about, or should have reasonably known about and did not act reasonably to prevent, limit, or mitigate, the violation that caused the NCAA to vacate such a Performance Goal. This Section shall survive termination or expiration of this Agreement for a period of five (5) years after termination or expirationAgreement. Such reimbursement shall be due in full within sixty (60) days of written demand from ICAA.

Appears in 1 contract

Sources: Head Coach Employment Agreement

Performance Incentive Compensation. 8.1. During each Contract Year, Coach will be eligible to receive performance incentive compensation for achieving annual specified performance goals (“Performance Goals”) in the amounts set forth in Appendix E (“Incentive Compensation”), provided Coach meets the Performance Incentive Criteria, as that term is defined herein, during each Contract Year. Any such Incentive Compensation shall be prospective, compensating Coach only for services and events which have not occurred at the time of the signing of this Agreement. Any Incentive Compensation provided will be (a) subject to any conditions, limits or restrictions as set forth in this Agreement; (b) subject to any conditions, limits, or restrictions of University Rules; and (c) subject to the availability of adequate funding. All determinations of whether adequate funding is available shall be determined by the Director of Athletics, in his/her sole discretion. Incentive Compensation shall be payable by June 30 May 1 of each Contract Year in which it was earned. 8.2. Coach shall only be eligible for Incentive Compensation if all the following conditions are met (collectively, the Performance Incentive Criteria): ▇.▇.▇. ▇▇▇▇▇ completes the baseball men’s basketball season during which the Performance Goal(s) was achieved in the capacity as Head Baseball Men’s Basketball Coach; and ▇.▇.▇. ▇▇▇▇▇ is materially compliant with all provisions of this Agreement at the time of the payout of the Incentive Compensation; and 8.2.3. This Agreement has not been terminated by ICAA for Cause during the Contract Year during which the Performance Goal(s) was achieved; and 8.2.4. Both Coach and the Program are in material compliance with all Governing Athletics Rules and University Rules during the Contract Year during which the Performance Goal(s) was achieved. For purposes of this section, “in material compliance” shall mean that no disciplinary action was taken against Coach or the Program for the violation of the Governing Athletics Rules and/or the University Rules by the NCAA, AAC, ICAA, and/or the University, by the time the Incentive Compensation is due; and 8.2.5. There are no pending or active NCAA, ICAA, and/or University investigations concerning Coach and/or the Program at the time of the payout of the Incentive Compensation. 8.3. Coach shall repay any Incentive Compensation paid for a Performance Goal that is subsequently vacated by the NCAA due to conduct that occurred while Coach was serving as Head Baseball Men’s Basketball Coach, provided that Coach either knew about, or should have reasonably known about and did not act reasonably to prevent, limit, or mitigate, the violation that caused the NCAA to vacate such a Performance Goal. This Section shall survive termination or expiration of this Agreement for a period of five (5) years after termination or expirationAgreement. Such reimbursement shall be due in full within sixty (60) days of written demand from ICAA.

Appears in 1 contract

Sources: Head Coach Employment Agreement

Performance Incentive Compensation. 8.16.1. During each Contract Year, Coach will be eligible to receive performance incentive compensation for achieving annual specified performance goals (“Performance Goals”) in the amounts set forth in Appendix E C (“Incentive Compensation”), provided Coach meets the Performance Incentive Criteria, as that term is defined herein, during each Contract Year. Any such Incentive Compensation shall be prospective, compensating Coach only for services and events which have not occurred at the time of the signing of this Agreement. Any Incentive Compensation provided will be (a) subject to any conditions, limits or restrictions as set forth in this Agreement; (b) subject to any conditions, limits, or restrictions of University Rules; and (c) subject to the availability of adequate funding. All determinations of whether adequate funding is available shall be determined by the Director of Athletics, in his/her sole discretion. Incentive Compensation shall be payable by June 30 of each Contract Year in which it was earned. 8.26.2. Coach shall only be eligible for Incentive Compensation if all the following conditions are met (collectively, the “Performance Incentive Criteria”):met: ▇.▇.▇. ▇▇▇▇▇ completes the baseball Men’s Golf season during which the Performance Goal(s) was achieved in the capacity as Head Baseball Men’s Golf Coach; and ▇.▇.▇. ▇▇▇▇▇ is compliant with all provisions of this Agreement at the time of the payout of the Incentive Compensation; and 8.2.36.2.3. This Agreement has not been terminated by ICAA for Cause during the Contract Year during which the Performance Goal(s) was achieved; and 8.2.46.2.4. Both Coach and the Program are in compliance with all Governing Athletics Rules and University Rules during the Contract Year during which the Performance Goal(s) was achieved. For purposes of this section, “in compliance” shall mean that no disciplinary action was taken against Coach or the Program for the violation of the Governing Athletics Rules and/or the University Rules by the NCAA, AAC, ICAA, and/or the University, by the time the Incentive Compensation is due; and 8.2.56.2.5. There are no pending or active NCAA, ICAA, and/or University investigations concerning Coach and/or the Program at the time of the payout of the Incentive Compensation. 8.36.3. Coach shall repay any Incentive Compensation paid for a Performance Goal that is subsequently vacated by the NCAA due to conduct that occurred while Coach was serving as Head Baseball Men’s Golf Coach, provided that Coach either knew about, or should have reasonably known about and did not act reasonably to prevent, limit, or mitigate, the violation that caused the NCAA to vacate such a Performance Goal. This Section shall survive termination or expiration of this Agreement for a period of five (5) years after termination or expirationAgreement. Such reimbursement shall be due in full within sixty (60) days of written demand from ICAA.

Appears in 1 contract

Sources: Head Coach Employment Agreement

Performance Incentive Compensation. 8.1. During each Contract Year, Coach will be eligible to receive performance incentive compensation for achieving annual specified performance goals (“Performance Goals”) in the amounts set forth in Appendix E (“Incentive Compensation”), provided Coach meets the Performance Incentive Criteria, as that term is defined herein, during each Contract Year. Any such Incentive Compensation shall be prospective, compensating Coach only for services and events which have not occurred at the time of the signing of this Agreement. Any Incentive Compensation provided will be (a) subject to any conditions, limits or restrictions as set forth in this Agreement; (b) subject to any conditions, limits, or restrictions of University Rules; and (c) subject to the availability of adequate funding. All determinations of whether adequate funding is available shall be determined by the Director of Athletics, in his/her sole discretion. Incentive Compensation shall be payable by June 30 May 1 of each Contract Year in which it was earned. 8.2. Coach shall only be eligible for Incentive Compensation if all the following conditions are met (collectively, the “Performance Incentive Criteria”): ▇.▇.▇. ▇▇▇▇▇ completes the baseball women’s basketball season during which the Performance Goal(s) was achieved in the capacity as Head Baseball Women’s Basketball Coach; and ▇.▇.▇. ▇▇▇▇▇ is compliant with all provisions of this Agreement at the time of the payout of the Incentive Compensation; and 8.2.3. This Agreement has not been terminated by ICAA for Cause during the Contract Year during which the Performance Goal(s) was achieved; and 8.2.4. Both Coach and the Program are in compliance with all Governing Athletics Rules and University Rules during the Contract Year during which the Performance Goal(s) was achieved. For purposes of this section, “in compliance” shall mean that no disciplinary action was taken against Coach or the Program for the violation of the Governing Athletics Rules and/or the University Rules by the NCAA, AAC, ICAA, and/or the University, by the time the Incentive Compensation is due; and 8.2.5. There are no pending or active NCAA, ICAA, and/or University investigations concerning Coach and/or the Program at the time of the payout of the Incentive Compensation. 8.3. Coach shall repay any Incentive Compensation paid for a Performance Goal that is subsequently vacated by the NCAA due to conduct that occurred while Coach was serving as Head Baseball Women’s Basketball Coach, provided that Coach either knew about, or should have reasonably known about and did not act reasonably to prevent, limit, or mitigate, the violation that caused the NCAA to vacate such a Performance Goal. This Section shall survive termination or expiration of this Agreement for a period of five (5) years after termination or expirationAgreement. Such reimbursement shall be due in full within sixty (60) days of written demand from ICAA.

Appears in 1 contract

Sources: Head Coach Employment Agreement

Performance Incentive Compensation. 8.16.1. During each Contract Year, Coach will be eligible to receive performance incentive compensation for achieving annual specified performance goals (“Performance Goals”) in the amounts set forth in Appendix E C (“Incentive Compensation”), provided Coach meets the Performance Incentive Criteria, as that term is defined herein, during each Contract Year. Any such Incentive Compensation shall be prospective, compensating Coach only for services and events which have not occurred at the time of the signing of this Agreement. Any Incentive Compensation provided will be (a) subject to any conditions, limits or restrictions as set forth in this Agreement; (b) subject to any conditions, limits, or restrictions of University Rules; and (c) subject to the availability of adequate funding. All determinations of whether adequate funding is available shall be determined by the Director of Athletics, in his/her sole discretion. Incentive Compensation shall be payable by June 30 of each Contract Year in which it was earned. 8.26.2. Coach shall only be eligible for Incentive Compensation if all the following conditions are met (collectively, the “Performance Incentive Criteria”):met: ▇.▇.▇. ▇▇▇▇▇ completes the baseball Women’s Golf season during which the Performance Goal(s) was achieved in the capacity as Head Baseball Women’s Golf Coach; and ▇.▇.▇. ▇▇▇▇▇ is compliant with all provisions of this Agreement at the time of the payout of the Incentive Compensation; and 8.2.36.2.3. This Agreement has not been terminated by ICAA for Cause during the Contract Year during which the Performance Goal(s) was achieved; and 8.2.46.2.4. Both Coach and the Program are in compliance with all Governing Athletics Rules and University Rules during the Contract Year during which the Performance Goal(s) was achieved. For purposes of this section, “in compliance” shall mean that no disciplinary action was taken against Coach or the Program for the violation of the Governing Athletics Rules and/or the University Rules by the NCAA, AAC, ICAA, and/or the University, by the time the Incentive Compensation is due; and 8.2.56.2.5. There are no pending or active NCAA, ICAA, and/or University investigations concerning Coach and/or the Program at the time of the payout of the Incentive Compensation. 8.36.3. Coach shall repay any Incentive Compensation paid for a Performance Goal that is subsequently vacated by the NCAA due to conduct that occurred while Coach was serving as Head Baseball Women’s Golf Coach, provided that Coach either knew about, or should have reasonably known about and did not act reasonably to prevent, limit, or mitigate, the violation that caused the NCAA to vacate such a Performance Goal. This Section shall survive termination or expiration of this Agreement for a period of five (5) years after termination or expirationAgreement. Such reimbursement shall be due in full within sixty (60) days of written demand from ICAA.

Appears in 1 contract

Sources: Head Coach Employment Agreement