‘Lump sum payment’ means:

Ask a divorce law question, get an answer ASAP!
Thousands of highly rated, verified divorce lawyers.
Specialties include: Family Law, Custody, Divorce, Child Support, Child Protection, Alimony, and more.
Click here to chat with a lawyer about your rights.

1.  A commission;

2.  A discretionary or nondiscretionary bonus;

3.  A productivity or performance bonus;

4.  Profit sharing;

5.  A referral or sign-on bonus;

6.  An incentive payment for moving or relocation;

7.  An attendance award;

8.  A safety award;

9.  A cash payment award;

10.  Termination pay;

11.  Severance pay; and

12.  Any other one-time, unscheduled or irregular payment of compensation.