Common use of Pension allowance Clause in Contracts

Pension allowance. 7.1 In lieu of any contribution to the Pension Scheme, the Company will pay the Executive an amount equal to 20% of the Executive's base salary subject to statutory deductions in equal monthly instalments at the same time as Salary. 7.2 A contracting-out certificate is not in force in respect of the employment.

Pension allowance. 7.1 In lieu of any contribution to the Pension Scheme, the Company will pay the Executive an amount equal to 20% of the Executive's ’s base salary subject to statutory deductions in equal monthly instalments at the same time as Salary. 7.2 A contracting-out certificate is not in force in respect of the employment.

Pension allowance. 7.1 In lieu of any contribution to the Pension Scheme, the Company will pay the Executive an amount equal to 20% of the Executive's base salary subject to statutory deductions in equal monthly instalments at the same time as Salary. 7.2 A contracting-out certificate is not in force in respect of the employment.