Common use of Discretionary Bonus Clause in Contracts

Discretionary Bonus. In addition to the Annual Bonus, Executive may be eligible to receive additional short- and long-term incentive cash bonus awards in the sole discretion of the Board or the Compensation Committee (each a “Discretionary Bonus” and, together with the Annual Bonus, “Bonuses”). The frequency, amount, terms and conditions of any Discretionary Bonus shall be left to the exclusive discretion of the Board or the Compensation Committee.

Appears in 10 contracts

Samples: Employment Agreement (C&J Energy Services, Inc.), Employment Agreement (C&J Energy Services, Inc.), Employment Agreement (C&J Energy Services, Inc.)

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Discretionary Bonus. In addition to the Annual Bonus, Executive may shall be eligible to receive additional short- and long-term incentive cash bonus awards compensation in the sole discretion of the Board or (the Compensation Committee (each a “Discretionary Bonus” and, and together with the Annual Bonus, the “Bonuses”). The frequency, amount, and payment terms and conditions of any Discretionary Bonus shall be left to the exclusive discretion of the Board or Board. For purposes of this Agreement, the Compensation CommitteeC&J Energy Services 2016 Senior Executive Incentive Plan constitutes a Discretionary Bonus.

Appears in 6 contracts

Samples: Employment Agreement (C&J Energy Services Ltd.), Employment Agreement (C&J Energy Services Ltd.), Employment Agreement (C&J Energy Services Ltd.)

Discretionary Bonus. In addition to the Annual Bonus, Executive may shall be eligible to receive additional short- and long-term incentive cash bonus awards compensation in the sole discretion of the Board or (the Compensation Committee (each a “Discretionary Bonus” and, and together with the Annual Bonus, the “Bonuses”). The frequency, amount, and payment terms and conditions of any Discretionary Bonus shall be left to the exclusive discretion of the Board or the Compensation CommitteeBoard.

Appears in 5 contracts

Samples: Employment Agreement (C&J Energy Services Ltd.), Employment Agreement (C&J Energy Services Ltd.), Employment Agreement (C&J Energy Services Ltd.)

Discretionary Bonus. In addition to the Annual Bonus, Executive may shall be eligible to receive additional short- and long-term incentive cash bonus awards compensation in the sole discretion of the Board or (the Compensation Committee (each a “Discretionary Bonus” and, and together with the Success Cash Bonus and the Annual Bonus, the “Bonuses”). The frequency, amount, and payment terms and conditions of any Discretionary Bonus shall be left to the exclusive discretion of the Board or the Compensation CommitteeBoard.

Appears in 4 contracts

Samples: Employment Agreement (Nabors Red Lion LTD), Employment Agreement (Nabors Red Lion LTD), Employment Agreement (Nabors Red Lion LTD)

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Discretionary Bonus. In addition to the Annual Bonus, Executive may shall be eligible to receive additional short- and long-term incentive cash bonus awards compensation in the sole discretion of the Board or Board, sitting without Executive (the Compensation Committee (each a “Discretionary Bonus” and, and together with the Success Cash Bonus and the Annual Bonus, the “Bonuses”). The frequency, amount, and payment terms and conditions of any Discretionary Bonus shall be left to the exclusive discretion of the Board or the Compensation Committee(sitting without Executive).

Appears in 1 contract

Samples: Employment Agreement (Nabors Red Lion LTD)

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