Discretionary Bonuses. From time to time the Employee may be entitled to discretionary bonuses at the discretion of the Board and/or the Compensation Committee. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee’s right to receive discretionary bonuses.
Appears in 12 contracts
Samples: Employment Agreement (Flagstar Bancorp Inc), Employment Agreement (Flagstar Bancorp Inc), Employment Agreement (Flagstar Bancorp Inc)
Discretionary Bonuses. From time to time the The Employee may be entitled to discretionary annual bonuses at the sole discretion of the Board and/or the Compensation CommitteeBoard. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee’s 's right to receive participate in such discretionary bonuses.
Appears in 2 contracts
Samples: Employment Agreement (Pinnacle Bancshares Inc), Employment Agreement (Flagstar Bancorp Inc)
Discretionary Bonuses. From time to time time, the Employee may be entitled to discretionary bonuses at the sole discretion of the Board and/or the Compensation CommitteeBoard. No other compensation provided for in this Agreement shall be deemed a substitute for the Employee’s 's right to receive participate in such discretionary bonuses.
Appears in 1 contract
