Negative Discretion

Example Definitions of "Negative Discretion"
Negative Discretion. Discretion exercised by the Committee to cancel or reduce the amount of payment under an Award; provided that the exercise of such discretion shall not cause the affected Award to fail to qualify as "performance-based compensation" under Section 162(m) of the Code
Negative Discretion. Discretion exercised by the Committee to cancel or reduce the amount of payment under an Award; provided that the exercise of such discretion shall not cause the affected Award to fail to qualify as "performance-based compensation" under Section 162(m) of the Code a Qualified Performance-Based Award
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Negative Discretion. Shall mean the discretion authorized by the Plan to be applied by the Committee to eliminate, or reduce the value of, a bonus award otherwise payable to a Participant for a given Performance Period, provided that the exercise of such discretion would not cause the award to fail to qualify as "performance-based compensation" under Section 162(m) of the Code. By way of example and not by way of limitation, in no event shall any discretionary authority granted to the Committee by the Plan,... including, but not limited to, Negative Discretion, be used (i) to provide for an award under the Plan in excess of the value payable based on actual performance versus the applicable performance goals for the Performance Period in question, or in excess of the individual award limit maximum value specified in Section 6(b) below, or (ii) to increase the value otherwise payable to any other Participant. View More
Negative Discretion. Shall mean the The discretion authorized by the Plan to be applied by the Committee to eliminate, or reduce the value size of, a bonus award otherwise payable to a Participant for a given Performance Period, provided that the exercise of such discretion would not cause the award to fail to qualify as "performance-based compensation" under Section 162(m) of the Code. By way of example and not by way of limitation, in no event shall any discretionary authority granted to the Committee by the ... class="diff-color-red">Plan, Plan including, but not limited to, Negative Discretion, be used (i) to provide for an award under the Plan in excess of the value amount payable based on actual performance versus the applicable performance goals for the Performance Period in question, or in excess of the maximum individual award limit maximum value specified in Section 6(b) below, or (ii) to increase the value amount otherwise payable to any other Participant. View More
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Negative Discretion. The discretion authorized by the Plan to be applied by the Committee to eliminate or reduce the size of a Performance Compensation Award in accordance with Section 7.4(d)(iv) of the Plan; provided, that, the exercise of such discretion would not cause the Performance Compensation Award to fail to qualify as "performance-based compensation" under Section 162(m) of the Code.
Negative Discretion. The discretion authorized by the Plan to be applied by the Committee to eliminate or reduce the size of a Performance Compensation Award in accordance with Section 7.4(d)(iv) 10(d)(iv) of the Plan; provided, that, provided that the exercise of such discretion would not cause the Performance Compensation Award to fail to qualify as "performance-based compensation" 'performance-based compensation' under Section 162(m) of the Code. Code
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Negative Discretion. The discretion authorized by the Plan to be applied by the Committee to eliminate or reduce the size of an Other Cash-Based Award that is designated as a Performance Compensation Award consistent with Section 162(m) of the Code
Negative Discretion. The discretion authorized by the Plan to be applied by the Committee to eliminate or reduce the size of an Other Cash-Based Award that is designated as a Performance Compensation Award consistent with Section 162(m) of the Code
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Negative Discretion. The discretion of the Committee to reduce or eliminate the size of an Award Payment in accordance with Section 6.1(d) of the Plan
Negative Discretion. The discretion of the Committee to reduce or eliminate the size of an Award Payment in accordance with Section 6.1(d) 6.1(b) of the Plan
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Negative Discretion. The discretion of the Administrator to reduce or eliminate the size of an Award in accordance with Section 6.1(c) of the Plan.
Negative Discretion. The discretion authorized by the Plan to be applied by the Committee in determining the size of a Performance-Based Award for a Performance Period if, in the Committee's sole judgment, such application is appropriate
Negative Discretion. The discretion that the Committee may exercise to reduce (but not increase) the amount of the award that otherwise would be payable in connection with the attainment of the Performance Target. This discretion may be applied in the event that exceptional circumstances arise which, in the judgment of the Committee, would result in payouts not consistent with the intentions of the Committee at the inception of the plan or would otherwise cause the plan to operate in a manner inconsistent with the... best interests of the Company. View More
Negative Discretion. The discretion authorized by the Plan to be applied by the Committee to eliminate or reduce the size of a Cash-Based Incentive Award
Negative Discretion. The discretion of the Committee, as authorized by Section 10 of the Plan, to eliminate or reduce the amount payable for a Qualified Performance-Based Award; provided that the exercise of such discretion would not cause the Qualified Performance-Based Award to fail to qualify as 'performance-based compensation' under Section 162(m) of the Code
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