Common use of Discretionary Bonuses Clause in Contracts

Discretionary Bonuses. The Employee shall participate in an equitable --------------------- manner with all other senior management employees of the Company in discretionary bonuses that the Board may award from time to time to the Company'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 3 contracts

Samples: Agreement (Firstfed Bancorp Inc), Agreement (Southern Banc Co Inc), Employment Agreement (Hopfed Bancorp Inc)

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Discretionary Bonuses. The Employee shall participate in an equitable --------------------- manner with all other senior management employees of the Holding Company in discretionary bonuses that the Board may award from time to time to the Holding Company'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 3 contracts

Samples: Agreement (Southfirst Bancshares Inc), Employment Agreement (Southfirst Bancshares Inc), Agreement (Southfirst Bancshares Inc)

Discretionary Bonuses. The Employee shall participate in an equitable --------------------- manner with all other senior management employees of the Company Association in discretionary bonuses that the Board may award from time to time to the CompanyAssociation'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 3 contracts

Samples: Employment Agreement (Peoples Bancorp Inc /Ny/), Employment Agreement (Peoples Bancorp Inc /Ny/), Agreement (High Country Bancorp Inc)

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

Appears in 2 contracts

Samples: Agreement (Southfirst Bancshares Inc), Agreement (Southfirst Bancshares Inc)

Discretionary Bonuses. The Employee shall participate in an --------------------- equitable --------------------- manner with all other senior management employees of the Company Association in discretionary bonuses that the Board may award from time to time to the CompanyAssociation'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 2 contracts

Samples: Agreement (Southern Banc Co Inc), High Country Bancorp Inc

Discretionary Bonuses. The Employee shall participate in an equitable --------------------- ---------------------- manner with all other senior management employees of the Company in discretionary bonuses that the Board may award from time to time to the Company'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 (First Lancaster Bancshares Inc)

Discretionary Bonuses. The Employee shall participate in an --------------------- equitable --------------------- manner with all other senior management employees of the Company in discretionary bonuses that the Board may award from time to time to the Company'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.. 4. (a)

Appears in 1 contract

Samples: Employment Agreement (Hopfed Bancorp Inc)

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

Appears in 1 contract

Samples: Employment Agreement (Southfirst Bancshares Inc)

Discretionary Bonuses. The Employee shall participate in an equitable --------------------- manner with all other senior management employees of the Company in discretionary bonuses that the Board Boards may award from time to time to the Company's similarly-situated 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: Agreement (Glen Burnie Bancorp)

Discretionary Bonuses. The Employee shall participate in an equitable --------------------- manner with all other senior management employees of the Company in discretionary bonuses that the Board may award from time to time to the Company's senior management employees. No other compensation provided for in this Agreement shall be deemed a substitute for the EmployeeEmployer's right to participate in such discretionary bonuses.. 4. (a)

Appears in 1 contract

Samples: Employment Agreement (Flagstar Bancorp Inc)

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