Additional Discretionary Bonus Clause Samples
Additional Discretionary Bonus. In addition to the annual discretionary bonus specified in Section 3(c) above, Employee shall also have the opportunity to receive an additional discretionary bonus of up to 50% of Employee’s Base Salary based upon his direct involvement in significant new sales to travel management companies. Whether to pay such an additional discretionary bonus and the amount of any such bonus shall remain in the sole discretion of the Company. Employee must be an “employee in good standing” (as defined above) on the date the bonus is paid in order to receive the bonus.
Additional Discretionary Bonus. For the fiscal year ending December 31, 2005 only, if the Executive does not receive an Annual Bonus, the Executive will be eligible to receive a discretionary bonus of up to ten percent (10%) of Executive’s Annual Base Salary (the “Discretionary Bonus”). The amount of the Discretionary Bonus, if any, shall be determined by the Company’s Chief Executive Officer in such person’s sole and absolute discretion and shall be based upon the achievement by the Executive of certain objective and/or subjective goals to be established by the Executive and the Company’s Chief Executive Officer.
Additional Discretionary Bonus. The Committee may, in its sole discretion, pay Employee such other bonus or bonuses during any full or partial fiscal year of the Company which encompasses any part of the term of this Agreement as the Committee deems appropriate in is sole discretion based on Employee's and the Company's performance during that portion of the term of this Agreement.
Additional Discretionary Bonus. In any given year, Employee shall be entitled to receive additional bonuses at the sole discretion of the Company's Board of Directors or the Compensation Committee of the Company's Board of Directors.
Additional Discretionary Bonus. In addition to any other bonus under this Section 2, at such times as the Company may in its sole discretion deem appropriate, Executive may be eligible to receive a further discretionary bonus payment. The timing and amount, if any, of any such bonus shall be determined in the sole discretion of the Company. Such bonus, if any, will be paid in the calendar year following the year in which the applicable services were performed, in accordance with the Company’s bonus payment practices in effect from time to time for similarly-situated senior executives of the Company, including tax withholdings, but in no event will be paid after March 15 of the year following the year in which Executive’s right to such amount became vested. In order to earn and receive any such bonus, Executive must be employed by the Company, without having received from or tendered to the Company notice of an anticipated termination (for any reason), as of December 31st of the calendar year with respect to which such bonus to be paid to Executive is earned. Payment of a bonus for any year or other period of time will not give rise to an entitlement or expectation of a bonus for any other year or other period of time.
Additional Discretionary Bonus. In addition to any bonus under Section 2(B) of this Agreement, at such times as the Company may in its sole discretion deem appropriate, Executive may be eligible to receive a discretionary bonus payment. The timing and amount, if any, of any such bonus shall be determined in the sole discretion of the Company. Such bonus, if any, will be paid in the calendar year following the year in which the applicable services were performed, in accordance with the Company’s bonus payment practices in effect from time to time for similarly-situated senior executives of the Company, including tax withholdings. In order to earn and receive any such bonus, Executive must be employed by the Company, without having received from or tendered to the Company notice of an anticipated termination (for any reason), at the time that such bonus is to be paid to Executive. Payment of a bonus for any year or other period of time will not give rise to an entitlement or expectation of a bonus for any other year or other period of time.