"[O]utstanding cycles of budget-based incentive compensation programs, both short- and long-term in nature, did not contemplate this broad economic downturn. As such, the formulaic aspect of these incentive programs in many cases is likely to pay well below target or miss threshold objectives required for any payout ... Discretion within executive incentive plans has historically been avoided or relegated to a small percentage of the total [and] has carried a negative connotation ... A framework to assist with discretion regarding 2020 results will be helpful to avoid arbitrary and confusing outcomes."  MORE >>