Common use of REMUNERATION AND REIMBURSEMENT OF EXPENSES Clause in Contracts

REMUNERATION AND REIMBURSEMENT OF EXPENSES. 5.1 Barclays shall pay the Executive a basic salary at the rate of £500,000 per annum payable in arrears by equal monthly instalments on or by the last day of each month. The Executive’s basic salary is inclusive of any fees to which the Executive may be entitled as a director of any member of the Barclays Group. The Executive’s basic salary shall be reviewed from time to time and may in the sole discretion of the Board be increased following any such review.

REMUNERATION AND REIMBURSEMENT OF EXPENSES. 5.1 Barclays shall pay the Executive a basic salary at the rate of £500,000 700,000 per annum payable in arrears by equal monthly instalments on or by the last day of each month. The Executive’s basic salary is inclusive of any fees to which the Executive may be entitled as a director of any member of the Barclays Group. The Executive’s basic salary shall be reviewed from time to time and may in the sole discretion of the Board be increased following any such review.