Bonus Plans. A bonus is a lump sum payment that is not a permanent increase to the base salary of the individual and may be granted at the discretion of the President. A bonus may be awarded at any time and may be used for a variety of salary adjustments including, but not limited to the following:
Appears in 7 contracts
Samples: Collective Bargaining Agreement, Salary Agreement, Collective Bargaining Agreement
Bonus Plans. A bonus is a lump sum payment that is not a permanent increase to the salary base salary of the individual and may be granted at the discretion of the President. A bonus may be awarded at any time and may be used for a variety of salary adjustments including, but not limited to to, the following:
Appears in 6 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
