Discretionary Award means any cash award payable to a Participant not described above.

Discretionary Award means an Award granted to an Eligible Director pursuant to Section 6.1(b) herein.

Discretionary Award means an Award made at the sole discretion of the Board pursuant to Section 1.3 of this Plan.

Examples of Discretionary Award in a sentence

Participants will be notified of an Annual Award, a Deferred Award or Discretionary Award by the Bank by posting the Performance Goals and other necessary terms and conditions applicable to the Annual Award, Deferred Award or Discretionary Award on SharePoint on the Bank's intranet.
The “Final Award” is the amount of an Award as adjusted based upon the level at which the Performance Goals have been achieved, including any Discretionary Award, that is ultimately paid to a Participant under the Plan for a Performance Period.
The President may recommend to the Board that additional discretionary Awards (each, a "Discretionary Award") be made to one or more Level II Participants to address external market considerations, recruiting needs, special projects and extraordinary individual or team efforts.
The "Final Award" is the amount of an earned and vested Annual Award, Deferred Award, or Discretionary Award, as adjusted based upon the level at which the Performance Goals have been achieved, that is ultimately paid to a Participant under the Plan.
The “Final Award” is the amount of an earned and vested Annual Award, Deferred Award, Gap Year Award or Discretionary Award, as adjusted based upon the level at which the Performance Goals have been achieved, that is ultimately paid to a Participant under the Plan.

More Definitions of Discretionary Award

Discretionary Award means a Stock Award, SAR or Cash Award under the Discretionary Grant Program.

Discretionary Award means a credit to a Participant’s Account as described in Section 5.04.

Discretionary Award means an award of a prescribed description;

Discretionary Award means the portion, if any, of a Participant's Incentive Award for a Plan Year that is not determined by defined objective performance criteria.

Discretionary Award means a credit to a Participant’s Account as described in Section 5.03.

Discretionary Award means an award made to a Participant pursuant to Section 5(b) of the Plan.

Discretionary Award means any cash award deferred under the Plan pursuant to Article 6.