Common use of Cash Bonus Plan Clause in Contracts

Cash Bonus Plan. XXXX is designed to pay cash bonuses to participating key executives after the end of a Performance Period based on the level (i) of achievement of predetermined Earnings thresholds and (ii) attainment of Operational Goals (to which the Committee may exercise Negative Discretion).

Appears in 4 contracts

Samples: Key Executive Performance Plan Agreement (Allegheny Technologies Inc), Key Executive Performance Plan Agreement (Allegheny Technologies Inc), Key Executive Performance Plan Agreement (Allegheny Technologies Inc)

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Cash Bonus Plan. XXXX is designed to pay cash bonuses to participating key executives after the end of a Performance Period based on the level (i) of achievement of predetermined Earnings thresholds and and, if the Committee determines a Level 2 award is appropriate, (ii) attainment of Operational Goals (to which the Committee may exercise Negative Discretion).

Appears in 1 contract

Samples: Key Executive Performance Plan Agreement (Allegheny Technologies Inc)

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