RETENTION CONTRIBUTIONS. Company may make a discretionary contribution to each eligible Participant's Retention Account as soon as is practical after the close of the Company's fiscal year, but in no event later than sixty (60) days following the close of such fiscal year. The amount of the credit shall be determined by the Committee in its sole discretion, and each year, the Committee shall have the discretion to increase or decrease the Retention Contribution from prior years, or to eliminate the contribution totally for any given year.
Appears in 4 contracts
Samples: Grant Agreement (Aerobic Creations, Inc.), Grant Agreement (Aerobic Creations, Inc.), Grant Agreement (Aerobic Creations, Inc.)
