Discretionary Bonus means a bonus payable to a Participant based on that Participant’s Individual Performance Measures.

Discretionary Bonus shall have the meaning given to that term in Section 4(c) hereof.

Discretionary Bonus means a discretionary bonus that is classified by the Company as “Bonus Exec Discretionary” in the Company’s payroll system.

Examples of Discretionary Bonus in a sentence

The Discretionary Bonus shall be payable either as a lump-sum payment or in installments as determined by the Board of Directors of the Company in its sole discretion.
In order for a Participant to receive any payment with respect to the Participant’s Discretionary Bonus, the Participant must meet the standards established for the Participant’s position, which standards shall be one of the components of the Participant’s Individual Performance Measures.
The Committee shall, at the same time, determine the amount of the Discretionary Bonus payable to Participants.
The frequency, amount, and payment terms of any Discretionary Bonus shall be left to the exclusive discretion of the Board.
Payment by the Company of any Base Salary, Discretionary Bonus or other specified amounts which are due the Executive under the applicable termination provision of Section 5 shall constitute the entire obligation hereunder of the Company and its Affiliates to the Executive.

More Definitions of Discretionary Bonus

Discretionary Bonus means a bonus that brings a Participant’s Compensation over the deductible amount stated in Section 162 (m) of the Code.

Discretionary Bonus means additional variable cash compensation in an amount determined in accordance with any bonus, profit sharing or short term incentive compensation program which may be established by the Board either for Mr. Pierce, Mr. Peymani, Mr. Finster or for other senior officers of the Corporation.

Discretionary Bonus has the meaning ascribed to such term in Section 3.6(a) hereof;

Discretionary Bonus means the dollar amount which results from multiplying the Management Participant’s Compensation for the Bonus Period by the product of the Management Participant’s Discretionary Target Bonus Percent and the Management Participant’s Discretionary Bonus Multiplier.

Discretionary Bonus has the meaning set forth in Section 3(b).

Discretionary Bonus means the portion of a Participant’s target bonus for any fiscal year (not to exceed 20% of the target bonus) that will be payable (up to the maximum bonus percentage thereof) in the discretion of the Committee and will not be subject to achievement of 162(m) Performance Goals or Other Performance Goals. The Discretionary Bonus will not constitute “performance-based compensation” within the meaning of Section 162(m).