Annual Remuneration Package definition

Annual Remuneration Package means the Permanent’s gross base annual salary plus any other cash payment made or to be made in connection with the Permanent’s engagement (whether to the Permanent or to any third party for the benefit of the Permanent) the amount of which is known or able to be determined at the date on which the Permanent is engaged but does not include any commission or bonus payments that are dependent upon performance or non-cash consideration.
Sample 1Sample 2Sample 3
Annual Remuneration Package means the monetary and non-monetary entitlements of the Employee specified in Schedule 3;
Sample 1Sample 2
Annual Remuneration Package means the total of all monies payable and benefits that an employed person may be entitled to: including without limitation on salary, CPF, guaranteed bonuses, commissions, profit sharing or other identifiable financial benefits. Employer provided motor vehicles will be deemed as having a value of SGD$25,000 per annum. Joining inducements, housing
Sample 1

Examples of Annual Remuneration Package in a sentence

  • If the Client employs or engages any person in breach of this provision, the Client shall pay to the Company on demand the sum equivalent to thirty per cent (30%) of the Annual Remuneration Package of such person at the date of their termination with the Company.

  • The fee payable by the Client will be the agreed percentage as set out in the following fee schedule of the Annual Remuneration Package of the Permanent at the commencement of his or her engagement by the Client or by the other person or organisation.

  • Annual Remuneration Package: This includes base salary, anticipated commission earnings plus allowances, inducement payments and a minimum of $15,000 (value in accordance with company policy) when a motor vehicle is provided, as agreed in writing with the Client before the assignment commences.

  • The Annual Remuneration Package provides for salary sacrificing in accordance with the Fringe Benefits Tax Assessment Act 1986 and related Fringe Benefits Taxation rulings of the Australian Taxation Office.

  • We believe that it should be possible, once the industry consultation process is complete to undertake some form of identification and fast tracking of ‘Quick Wins’ where a clear cost benefit has been identified.

  • You will be paid an annual remuneration package of $<insert amount> (Annual Remuneration Package) exclusive of superannuation, as set out in Schedule C.

  • The Church may, in its sole and absolute discretion, increase the amount of your Annual Remuneration Package as a result of such review.

  • Superannuation contributions will be calculated on your Annual Remuneration Package, including any allocated fringe benefit amounts.

  • The payment in lieu will be equal to the amount of the Annual Remuneration Package, annual leave, long service leave and any other entitlements that the Minister would have received for the period of notice which the Church does not require you to work.

  • The Annual Remuneration Package is subject to the deduction, or withholding of any amounts on account of, any applicable taxation.


More Definitions of Annual Remuneration Package

Annual Remuneration Package means your monetary and non-monetary entitlements specified in Schedule 1;
Sample 1

Related to Annual Remuneration Package

  • Remuneration Report means the remuneration report which forms part of the Directors’ Report of the Company for the financial year ended 30 June 2020 and which is set out in the 2020 Annual Report.

  • Annual Base Salary shall have the meaning set forth in Section 3(a).

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarial equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or Qualified Joint and Survivor Annuity) to which the Participant would be entitled under the terms of the Plan assuming:

  • Annual Salary means the salary given under this Part.

  • Annual Retainer for a particular Director means the retainer (including any additional amounts payable for serving as lead Director or on any committee of the Board), payable to that Director for serving as a Director for the relevant Remuneration Period, as determined by the Board;

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Deferral Year means each calendar year during which the Director makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Annual Compensation means an amount equal to the greater of:

  • Base Pay means the Executive’s annual base salary from the Company at the rate in effect immediately prior to a Change in Control or at the time Notice of Termination is given, whichever is greater. Base Pay includes only regular cash salary (plus the amount of any automobile allowance paid to the Executive or any automobile lease payments made by the Company on behalf of the Executive) and is determined before any reduction for deferrals pursuant to any nonqualified deferred compensation plan or arrangement, qualified cash or deferred arrangement or cafeteria plan.

  • Target Annual Bonus has the meaning set forth in Subsection 3b.

  • Accrued Base Salary means the amount of Executive's Base Salary which is accrued but not yet paid as of the Date of Termination.

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Bonus means the bonus described in the Section 2.3.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Termination Base Salary means that amount equal to Executive’s annual base salary with the Company at the rate in effect immediately prior to the Change of Control or, if a greater amount, Executive’s annual base salary at the rate in effect at any time thereafter.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Annual Cash Compensation means the sum of (a) the highest annual Base Salary in effect for the Executive and (b) the greater of (i) the Executive’s bonus for the most recently-completed year (excluding any special bonuses awarded for performance after the conclusion of the performance period), if any, or (ii) the annualized amount of the Executive’s target bonus for the then current year.

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.