Step #1 Microwave honey & molasses in a 1-quart microwave-safe dish at HIGH 1 min; whisk to mix.
Step #2 Whisk in bourbon, orange juice, & mustard.
Step #3 Remove skin & excess fat from ham, & place ham in a roasting pan.
Step #4 Bake at 325° on lower oven rack for 1 1/2 hrs or until a meat thermometer inserted into thickest portion registers 140°, basting every once in awhile with honey mixture.
Step #5 Bring drippings & remaining glaze to a boil in a small saucepan.
Step #6 Remove from heat, & serve this with sliced ham.