Common use of No Positive Discretion Clause in Contracts

No Positive Discretion. Unless otherwise determined and established in writing by the Committee within 90 days of the beginning of the Performance Period, no adjustment shall be made to the Performance Goals if the adjustment would increase the annual incentive award payment.

Appears in 7 contracts

Samples: Annual Incentive Award Agreement (Mdu Resources Group Inc), Annual Incentive Award Agreement (Mdu Resources Group Inc), Annual Incentive Award Agreement (Mdu Resources Group Inc)

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No Positive Discretion. Unless otherwise determined and established in writing by the Committee within 90 days of the beginning of the Performance Period, no adjustment shall be made to the Performance Goals Goal if the adjustment would increase the annual incentive award payment.

Appears in 1 contract

Samples: Special Annual Incentive Award Agreement (Mdu Resources Group Inc)

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