Common use of Discretionary Benefits Clause in Contracts

Discretionary Benefits. 6.1 From time to time the Company may decide to offer Executive Management and Executive Committee Bonus Schemes and make bonus payments under them at its discretion. The terms of any such Schemes will be advised to eligible employees at the time that they are made available.

Appears in 2 contracts

Samples: Abbey National PLC, Abbey National PLC

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Discretionary Benefits. 6.1 From time to time the Company may at its discretion decide to offer Executive Management and Bonus Schemes and/or Executive Committee Bonus Schemes and make bonus payments under them at its discretionand/or Executive Share Option Schemes. The terms of any such Schemes will be advised to eligible employees at the time that they are made available.. Back to Contents

Appears in 1 contract

Samples: Abbey National PLC

Discretionary Benefits. 6.1 From time to time the Company may decide to offer Executive Management and Executive Committee Bonus Schemes and make bonus payments under them at its discretion. The terms of any such Schemes will be advised to eligible employees at the time that they are made available.

Appears in 1 contract

Samples: Abbey National PLC

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Discretionary Benefits. 6.1 7.1 From time to time the Company may decide to offer Executive Management and Executive Committee Bonus Schemes and make bonus payments under them at its discretion. The terms of any such Schemes will be advised to eligible employees at the time that they are made available.

Appears in 1 contract

Samples: Abbey National PLC

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