Discretionary Bonus

Discretionary Bonus. Means, with respect to each Participant, an amount determined by the Committee based upon the Company's and/or the Participant's performance during the Plan Year. The Committee, in its sole discretion, shall determine the factors used to establish the Discretionary Bonus at the end of each Plan Year. Such factors will generally include (i) appreciation in price of the Company's common stock, (ii) increases in net sales due to... multi-store acquisitions, (iii) the occurrence of extraordinary events that affect the Bonus Pool that would otherwise be available for the Plan Year, (iv) any expansion or increase in the Participant's then current duties and responsibilities, (v) any increases in the cost of living, (vi) the past performance by the Participant, and (vi) any other pertinent factors identified by the other factors that the Committee determines to be relevant to the financial performance and growth of the Company. View More

Discretionary Bonus. The portion of a Participant's target bonus for any fiscal year (not to exceed 20% of the target bonus) that will be payable (up to the maximum bonus percentage thereof) in the discretion of the Committee and will not be subject to achievement of 162(m) Performance Goals or Other Performance Goals. The Discretionary Bonus will not constitute "performance-based compensation" within the meaning of Section 162(m).

Discretionary Bonus. The dollar amount which results from multiplying the Management Participant's Compensation for the Bonus Period by the product of the Management Participant's Discretionary Target Bonus Percent and the Management Participant's Discretionary Bonus Multiplier.