Common use of Discretionary Decreases Clause in Contracts

Discretionary Decreases. The Administrator has the discretion to decrease Award payouts based on business factors, including but not limited to, industry conditions, performance relative to peers, regulatory developments, and changes in capital requirements.

Appears in 14 contracts

Samples: Ltip Award Agreement (Truist Financial Corp), Ltip Award Agreement (Truist Financial Corp), Performance Unit Award Agreement (Truist Financial Corp)

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Discretionary Decreases. The Administrator has the discretion to decrease Award payouts based on business factors, including but not limited to, risk outcomes, industry conditions, performance relative to peers, regulatory developments, and changes in capital requirements.

Appears in 1 contract

Samples: Ltip Award Agreement (Truist Financial Corp)

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