Common use of Discretionary Bonus Clause in Contracts

Discretionary Bonus. The Employee shall participate in an equitable manner with all other senior management employees of the Bank in discretionary bonuses that the Board may award from time to time to the Bank's senior management employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such discretionary bonuses.

Appears in 8 contracts

Samples: Employment Agreement (Kentucky First Federal Bancorp), Employment Agreement (Frankfort First Bancorp Inc), Frankfort First Bancorp Inc

AutoNDA by SimpleDocs

Discretionary Bonus. The Employee shall be entitled to participate in an equitable manner with all other senior management employees of the Bank in discretionary bonuses that may be authorized and declared by the Board may award of Directors to its senior management employees from time to time to the Bank's senior management employeestime. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's ’s right to participate in such discretionary bonusesbonuses when and as declared by the Board of Directors.

Appears in 6 contracts

Samples: Employment Agreement (Roebling Financial Corp, Inc.), Employment Agreement (Roebling Financial Corp, Inc.), Employment Agreement (CCF Holding Co)

Discretionary Bonus. The Employee shall be entitled to participate -------------------- in an equitable manner with all other senior management employees of the Bank in discretionary bonuses that may be authorized and declared by the Board may award of Directors to its senior management employees from time to time to the Bank's senior management employeestime. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such discretionary bonusesbonuses when and as declared by the Board of Directors.

Appears in 4 contracts

Samples: Employment Agreement (Roebling Financial Corp Inc), Roebling Bank (Roebling Financial Corp, Inc.), Employment Agreement (Roebling Financial Corp Inc)

Discretionary Bonus. The Employee shall be entitled to participate in an equitable manner with all other senior management employees of the Savings Bank in discretionary bonuses that may be authorized and declared by the Board may award of Directors to its senior management employees from time to time to the Bank's senior management employeestime. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such discretionary bonusesbonuses when and as declared by the Board of Directors.

Appears in 3 contracts

Samples: Employment Agreement (WSB Holding Co), Employment Agreement (Advance Financial Bancorp), Employment Agreement (WSB Holding Co)

Discretionary Bonus. The Employee shall be entitled to participate in an ------------------- equitable manner with all other senior management employees of the Bank in discretionary bonuses that may be authorized and declared by the Board may award of Directors to its senior management employees from time to time to the Bank's senior management employeestime. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such discretionary bonusesbonuses when and as declared by the Board of Directors.

Appears in 2 contracts

Samples: Employment Agreement (CCF Holding Co), Employment Agreement (CCF Holding Co)

Discretionary Bonus. The Employee shall participate in an equitable -------------------- manner with all other senior management employees of the Bank in discretionary bonuses that the Board may award from time to time to the Bank's senior management employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such discretionary bonuses.

Appears in 1 contract

Samples: Employment Agreement (Tri County Financial Corp /Md/)

AutoNDA by SimpleDocs

Discretionary Bonus. The Employee shall be entitled to participate -------------------- in an equitable manner with all other senior management employees of the Savings Bank in discretionary bonuses that may be authorized and declared by the Board may award of Directors to its senior management employees from time to time to the Bank's senior management employeestime. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such discretionary bonusesbonuses when and as declared by the Board of Directors.

Appears in 1 contract

Samples: Employment Agreement (Advance Financial Bancorp)

Discretionary Bonus. The Employee shall participate in an equitable ------------------- manner with all other senior management employees of the Bank in discretionary bonuses that the Board may award from time to time to the Bank's senior management employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such discretionary bonuses.

Appears in 1 contract

Samples: Employment Agreement (Tri County Financial Corp /Md/)

Discretionary Bonus. The Employee shall participate in an ------------------- equitable manner with all other senior management employees of the Bank in discretionary bonuses that the Board may award from time to time to the Bank's senior management employees. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee's right to participate in such discretionary bonuses.

Appears in 1 contract

Samples: Employment Agreement (Tri County Financial Corp /Md/)

Time is Money Join Law Insider Premium to draft better contracts faster.