Volume and Growth Incentives Clause Samples

Volume and Growth Incentives. In order to support the growth of the partnership, we look for preferred suppliers to provide financial incentives, payable to the institution at the close of each contract year.
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Volume and Growth Incentives. Volume Incentive: When Virginia Tech places an order, for any item Allentown offered on the price list, we will credit your account according to the schedule below. At the end of the 12 - month period, Allentown will provide Virginia Tech with a summary of total purchases along with the applicable credit amount. The credit may be used towards future purchases of any item Allentown produces and is not limited to the items listed on this blanket pricing. DocuSign Envelope ID: 81B77890-5ECB-43B1-B462-5E1B46794F67 NOTES: 1. Credit amount will be capped at $30,000. 2. Credit must be used within the next contract year and may not be carried over. 3. Credit has no cash value. 4. Freight charges will be removed from calculations and will not be part of credit received. 5. During a competitive bid situation, if Allentown wins the award, the total dollar amount will not be used as part of the calculations to determine credit amount.
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Related to Volume and Growth Incentives

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • Short-Term Incentive Compensation In addition to the foregoing Base Salary, the Executive shall be eligible during the Term to receive cash short-term incentive compensation, determined and payable in the discretion of the Compensation Committee of the Board. At least annually, the Compensation Committee shall consider awarding short-term incentive compensation to the Executive.

  • Ongoing Performance Measures The Department intends to use performance-reporting tools in order to measure the performance of Contractor(s). These tools will include the Contractor Performance Survey (Exhibit G), to be completed by Customers on a quarterly basis. Such measures will allow the Department to better track Vendor performance through the term of the Contract(s) and ensure that Contractor(s) consistently provide quality services to the State and its Customers. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MFMP or on the Department's website).

  • Long-Term Incentive Awards The Executive shall participate in any long-term incentive awards offered to senior executives of the Company, as determined by the Compensation Committee.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.