Discretionary Annual Bonus. During each full fiscal year during the Employment Term, Executive shall be eligible to earn a discretionary annual bonus award (an “Annual Bonus”) in such amount, if any, as may be determined in the sole and absolute discretion of the Board, provided that it is the expectation of the parties that no such Annual Bonus shall be awarded to Executive during the Employment Term.
Appears in 4 contracts
Samples: Employment Agreement (BankUnited, Inc.), Employment Agreement (BankUnited, Inc.), Employment Agreement (BankUnited, Inc.)
Discretionary Annual Bonus. During each full fiscal year during the Employment Term, Executive shall be eligible to earn a discretionary annual bonus award (an “Annual Bonus”) in such amount, if any, as may be determined in the sole and absolute discretion of the NewBank Board, provided that it is the expectation of the parties that no such Annual Bonus shall be awarded to Executive during the Employment Term.
Appears in 3 contracts
Samples: Employment Agreement (BankUnited, Inc.), Employment Agreement (BankUnited, Inc.), Employment Agreement (BankUnited, Inc.)
Discretionary Annual Bonus. During each full fiscal year during the Employment Term, Executive shall be eligible to earn a discretionary annual bonus award (an “Annual Bonus”) in such amount, if any, as may be he determined in the sole and absolute discretion of the NewBank Board, provided that it is the expectation of the parties that no such Annual Bonus shall be awarded to Executive during the Employment Term.
Appears in 1 contract
