Common use of Area of application Clause in Contracts

Area of application. The present agreement governs relations and general working conditions between the members of the Luxembourg Bankers' Association listed above1 and their employees working on a permanent basis in the Grand Duchy of Luxembourg, with the exception of a) employees belonging to the higher categories referred to in Art. L. 162-8 of the Labour Code. For the purposes of this heading, the term “Senior Executives” denotes employees whose salary is significantly higher than that of the employees covered by the collective agreement or based on a different scale, having regard to the time needed to perform the duties if this salary is the counterpart consideration for the exercise of a genuine and effective management authority or if the nature of the tasks comprises a clearly defined authority, substantial independence for the purpose of the organisation of work and considerable freedom to determine working hours and, in particular, the absence of constraints governing working hours.

Area of application. The present agreement governs relations and general working labour conditions between the members of the Luxembourg Bankers' Association listed above1 and their employees working employed on a permanent basis in the Grand Duchy of Luxembourg, with the exception of a) employees belonging to the higher senior categories referred to in Art. L. 162-8 of the Labour Code. For the purposes of this headingparagraph, the term “Senior Executives” denotes refers to employees whose salary is significantly higher than that of the employees covered by the collective bargaining agreement or based on a different scale, having regard to given the time needed required to perform the duties if this the salary is the counterpart consideration for the exercise of justified by a genuine and effective management authority or if the nature of the tasks comprises completed includes a clearly defined authority, substantial independence for the purpose of the organisation of work and considerable freedom to determine working hours and, in particular, the absence of constraints governing working hours.

Area of application. The present This agreement governs relations and general working conditions between the members of the Luxembourg Bankers' Association listed above1 and their employees working on a permanent basis in the Grand Duchy of Luxembourg, with the exception of a) employees belonging to the higher categories referred to in Art. L. 162-8 of the Labour Code. For the purposes of this heading, the term “Senior Executives” denotes employees whose salary is significantly higher than that of the employees covered by the collective agreement or based on a different scale, having regard to the time needed to perform the duties if this salary is the counterpart consideration for the exercise of a genuine and effective management authority or if the nature of the tasks comprises a clearly defined authority, substantial independence for the purpose of the organisation of work and considerable freedom to determine working hours and, in particular, the absence of constraints governing working hours.