WebPayment of Filing Fee (Check the appropriate box): ... Each of these agreements provides for at-will employment and includes each officer’s base salary, a discretionary annual incentive bonus opportunity that may be based on individual and company performance and standard employee benefit plan participation. These agreements also provide for ... WebDiscretionary Payments means any payments or distributions, other than dividends, that are within the discretion of the financial service provider to make and, if not paid by the financial service provider, are not an event of default, including staff bonuses; Sample 1 Sample 2 Sample 3 Based on 2 documents
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WebJan 1, 2010 · The purpose of the Plan is to reward and retain Eligible Employees through discretionary incentive and/or retention awards under the terms and conditions described in the Plan. Awards under the Plan may be contingent upon the Company’s performance, an Eligible Employee’s sector or business unit performance, an Eligible Employee’s ... WebJan 1, 2012 · ARTICLE III . ADMINISTRATION . Section 3.01 Taxes and Withholding.As a condition to any payment or distribution of any Award made pursuant to the Plan, the Company may, in its discretion, require a Participant to pay such sum to the Company as may be necessary to discharge the Company’s obligations with respect to any taxes, … mobil discount angers
Fact Sheet 17U: Nondiscretionary Bonuses and Incentive …
WebApr 13, 2024 · Benefit payment methods. ... The employer contributes a fixed or discretionary amount of company profits to employees' accounts. The employer contribution is based on the profits of the company and may be zero. The contributions may be spread equally among all employees or may be based on the employee salary. ... WebNondiscretionary bonuses and incentive payments cannot be used to reach the $684 per week amount but can be used to satisfy the total annual compensation requirement. If … WebJun 24, 2024 · We offer both discretionary and non-discretionary bonuses at this time. Managers and executives may award discretionary bonuses at any time of their choosing. Not all employees are guaranteed to earn discretionary bonuses. Managers and executives can award non-discretionary bonuses at pre-established times. mobil dialysis sanford fl