Discretionary Program definition

Discretionary Program means a program financed by the Discretionary Account that may be offered by the Division to support Projects benefiting the Elderly and People with Disabilities.
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Discretionary Program means the program that may disburse up to five percent STIF funds to Public Transportation Service Providers, which includes Qualified Entities, through a competitive grant funding process.
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Discretionary Program means that portion of the Plan relating to the Options and Awards issued in the discretion of the Plan Administrator pursuant to Article II hereof.
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Examples of Discretionary Program in a sentence

  • In addition, if the Company terminates his employment without "cause," he will be entitled to payment of the immediately subsequent installment under the Discretionary Program that is payable after the employment termination.

  • West 3,238 210,549 82,500 0 296,287 Other Officers as a group 17,360 19,994 0 0 37,354 Directors as a group 41,349 2,700 0 0 44,049 -------------------------------------------------------------- TOTAL 239,685 834,618 333,750 0 1,408,053 ============================================================== (1) These shares are subject to long-term vesting requirements pursuant to the terms of the 1993 Employees Stock Incentive Plan and the HR Discretionary Program.

  • The programs will consist of the Efficient Networks Retention Program (the "Company Retention Program") and the Discretionary Retention Program (the "Discretionary Program," and together with the Company Retention Program, the "Retention Programs").

  • Certain employees of the Company and of the controlled affiliates of Siemens AG will be eligible to participate in the Discretionary Program.

  • Of the $169 million, approximately $50 million will be allocated to the Company Retention Program and approximately $97 million will be allocated to the Discretionary Program.

  • At least $22 million, plus any forfeited amounts under the Retention Programs, will remain unallocated and will be set aside for future allocations under the Discretionary Program.

  • The Employment Agreement also provides that Xx. Xxxxx will be eligible to earn up to $2,000,000 and $7,000,000 under the Company Retention Program and the Discretionary Program, respectively.

  • Bonuses awarded under the Discretionary Program will vest and become payable if a combination of corporate and individual performance measures are achieved prior to each of the second and third anniversaries of the Effective Time, provided that the participant is employed by the Company or its affiliate on the applicable payment dates.

  • In years past (most recently in the year 2000), the performance of the Discretionary Program was quite favorable.

  • The Plan Administrator, with the approval of the Board, may allow the paying of the exercise price of an Option granted under the Discretionary Program in the following manner: (i) the extension of a loan to the Optionholder by the Company; (ii) the payment by the Optionholder of the exercise price in installments; or (iii) the guarantee by the Company of a loan obtained by the Optionholder from a third party.

Related to Discretionary Program

  • discretionary use means the use of land or a building provided for in this Bylaw for which a development permit may be issued upon an application having been made;

  • Discretionary Account means a Personal Account in which you have completely turned over decision-making authority to a professional money manager (who is not a Family Member or not otherwise covered by this Code) and you have no direct or indirect influence or control over the account. (Such Discretionary Accounts are often referred to as “professionally managed,” “controlled” or “managed” accounts.)

  • Discretionary Assets means (i) securities that, if distributed, would be required to be registered under the Securities Act of 1933, as amended; (ii) securities issued by entities in countries that (A) restrict or prohibit the holding of securities by non-nationals other than through qualified investment vehicles, or (B) permit transfers of ownership of securities to be effected only by transactions conducted on a local stock exchange; and (iii) any assets that, although they may be liquid and marketable, must be traded through the marketplace or with the counterparty to the transaction in order to effect a change in beneficial ownership."

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).

  • Discretionary Sale The meaning specified in Section 2.14(c).

  • AML Program has the meaning ascribed thereto in Schedule 2.1(F)(8) hereof.

  • Covered Program means an education program or activity over which the College exercised substantial control over both the Respondent and the context in which the sexual harassment occurred.

  • Program Participants means, for any CRP, the Centers (other than the Lead Center for such CRP) and any Partner receiving funding for activities under such CRP that are funded by the CGIAR Fund.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Grant program means the primary care and psychiatry shortage grant program under this section.

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee’s account under any plan of an Employer or a Related Company solely on account of “elective contributions” made on his behalf or “employee contributions” made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Service program or “service” means any medical care ambulance service or nontransport service that has received authorization by the department.

  • Matching Contribution means Employer contributions made to this Plan or any other defined contribution plan by reason of Thrift Contributions or Elective Deferrals under this Plan.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Bonus Deferral means the amount of a Participant’s Bonus Compensation which the Participant elects to have withheld on a pre-tax basis from his Bonus Compensation and credited to his account pursuant to Section 4.1.

  • System for Award Management (SAM means the primary Government repository for prospective Federal awardee and Federal awardee information and the centralized Government system for certain contracting, grants, and other assistance-related processes. It includes—

  • Eligible program means a program of education or training which:

  • Education program or activity means locations, events, or circumstances for which the school district exercises substantial control over both the respondent and the context in which the sexual harassment occurs and includes school district education programs or activities that occur on or off of school district property.

  • System for Award Management (SAM) database means the primary Government repository for contractor information required for the conduct of business with the Government.

  • Special Enrollment Period means a period of time allowed under this Plan, other than the eligible person’s Initial Enrollment Period or an Open Enrollment Period, during which an eligible person can request coverage under this Plan as a result of certain events that create special enrollment rights.

  • Child day program means a regularly operating service arrangement for children where, during the absence of a parent or guardian, a person or organization has agreed to assume responsibility for the supervision, protection, and well-being of a child under the age of 13 for less than a 24-hour period.

  • Discretionary Portfolio Manager means a Portfolio Manager who exercises or may, under a contract relating to portfolio management, exercise any degree of discretion as to the investments or management of the portfolio of securities or the funds of the Client, as the case may be.