Example ContractsClausesannual discretionary bonus programVariants
Annual Discretionary Bonus Program
Annual Discretionary Bonus Program contract clause examples

Effective January 1, 2019, you will be eligible to participate in our discretionary long term stock incentive program. Your target award percent is 50% of your annual base salary. In a typical year, your award can range from 0% to 100% of your annual base salary depending on Company and individual performance. Awards are determined after the end of the three-year performance period.

Additionally, you will be eligible for a long-term incentive award for the 2019-2021 performance period under the company's 2017 Stock Incentive Plan. The current annual award value for your position is 100% of your base salary.

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