Discretionary Payments definition

Discretionary Payments means any compensation payment or award that is designated by the Committee to be eligible for Deferral under the Plan.
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Discretionary Payments means any payments or distributions, other than dividends, that are within the discretion of the financial service provider to make and, if not paid by the financial service provider, are not an event of default, including staff bonuses;
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Discretionary Payments means those payments and charges required by the Act to be assessed and collected by the Secretary as may be required by Congress through the annual appropriations process.2
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Examples of Discretionary Payments in a sentence

  • These Discretionary Payments are subject to the JPMorgan Chase Bonus Recoupment Policy ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/corporate/About-JPMC/corporate-governance-principles.htm#recoupment.

  • In addition, JPMC reserves the right in its sole discretion to recover from 50% of these Discretionary Payments in accordance with any Protection-Based Vesting, Recapture provisions (detrimental conduct, risk-related and other recapture provisions), and Recovery provisions as set forth in the terms and conditions of the ▇▇▇▇ ▇▇▇ awards for Tier 1 employee.

  • For avoidance of doubt, the Certification requirements for FCE treatment described above do not apply to the Discretionary Payments.

  • To the extent that the expiration of any time period hereunder falls on a day that is not a Business Day, the expiration of such time period shall be extended to 5:00 pm E.S.T. on the following Business Day.

  • If the sum of Bonus Draws and Discretionary Payments paid to Employee on or prior to May 31, 1998 is less than $25,000, the Company shall pay to Employee, as a bonus, the amount of such difference (the "Special Bonus Payment").

  • If the Board of Directors declares one or more bonuses payable to Employee on or prior to May 31, 1998 ("Discretionary Bonuses"), at each such payment date, Employee will be paid the amount of such Discretionary Bonus minus the amount of Bonus Draws previously paid to Employee and not previously offset against a prior Discretionary Bonus payment ("Discretionary Payments").

  • All decisions relating to any Discretionary Payments to the Limited Partner, including, without limitation, the amount of the Limited Partner's Discretionary Payment, if any, for any fiscal year, shall be determined in the sole discretion of the Partnership, and any such determination shall be final.


More Definitions of Discretionary Payments

Discretionary Payments for any period, the aggregate amount of all bonuses and other discretionary payments, including profit sharing, incentive compensation or similar arrangements, reimbursement of expenses and the like, accrued or payable by the Parent Company and its subsidiaries, determined on an Adjusted Consolidated Basis, to officers and management employees in respect of such period (whether or not the actual payment thereof is made during such period or during a subsequent period).
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