Annual Discretionary Bonus Sample Clauses

Discretionary Bonus Sample Clauses - Law Insider

. The Executive shall be entitled to participate in an equitable manner with all other senior management employees of the Bank in discretionary bonuses that may ...

Discretionary Bonus Contract Clause Examples

Discretionary Bonus. The Employee shall participate in an equitable manner with all other senior management employees of the Company in discretionary bonuses ...

Discretionary Bonus contract clause examples - AllDrafts

Discretionary Bonus. You will be eligible to participate in the Company's annual bonus program pursuant to the terms of that program and you will be ...

Annual Discretionary Bonus Sample Clauses - Law Insider

Annual Discretionary Bonus. If the Company's Board, in its sole discretion, approves an annual bonus for calendar year 2017 or any calendar year thereafter, the ...

Examples of management bonus clauses in contracts - Afterpattern

Management Bonus.Provided the Board determines that certain Employer metrics have been met, Employee shall be eligible to receive an annual discretionary ...

Annual Bonus Contract Clause Examples - Business Contracts | Justia

This page contains Annual Bonus clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.

Discretionary Bonus contract clause examples - AllDrafts

The Discretionary Bonus shall be based on annual performance criteria and the achievement of personal objectives by Executive, which shall be mutually agreed ...

Examples of performance bonus clauses in contracts - Afterpattern

The amount of the Annual Performance Bonus shall be determined by the Board or Compensation Committee in its sole discretion, and shall be paid to Executive no ...

Employment Contract Clause: Discretionary Annual Performance ...

This Clause grants the employer the discretion to award the employee an annual bonus based on personal performance.

“Discretionary” bonus plans do not mean employers can do ...

So the clause gave the Company “total discretion”, said that the employees “may be eligible for a bonus”, and that eligibility depending on factors including ...

Guide To Drafting Bonus Clauses | Employment Lawyer London

Discretionary bonus clauses are those which are paid out by the employer, based on the discretion of the employer, not due to the employer meeting terms which ...

Sample Discretionary Bonus Policy - CEDR Solutions

At times the business pays a discretionary bonus to employees based on the business's performance. At the end of each month/quarter/year, the business ...

Management Bonus: Essential Contract Clauses Explained - fynk

Provided the Board of Directors determines certain Employer metrics have been met, Employee shall be eligible to receive an annual discretionary bonus of up to ...

Fact Sheet #56C: Bonuses under the Fair Labor Standards Act (FLSA)

While a bonus may be labeled discretionary, if it does not comply with the provisions of the statute, then the bonus is not an excludable discretionary bonus.

Discretionary Bonuses – Problematic Clauses in Employment ...

Should an employer have a discretionary bonus clause or policy based on performance or production, its employment contracts or bonus policies ...

Employee Bonus Policy Template - Lattice

Discretionary Bonuses: Granted at the discretion of management for exceptional contributions not covered by other bonus categories. These ...

Electronic Arts Discretionary Bonus Plan - SEC.gov

Except where otherwise required by local law, annual salary shall not include variable forms of compensation including, but not limited to, overtime, on-call ...

Discretionary and target-based bonuses and French employment ...

However, in practice, there are still clauses in employment contracts that erroneously mention that a target-based bonus, with the conditions specified in the ...

Employer's discretion on bonus payments (Part 1) - Holding Redlich

In this matter, the employee commenced his employment in May 2009 as a senior manager. His contract included an annual bonus clause, which set ...

What Is a Discretionary Bonus? Definition & Requirements - Hourly.io

Any bonuses listed in a collective bargaining agreement, an employment contract, or in other agreements are non-discretionary. Examples of Non-Discretionary ...