Common use of Renumeration Clause in Contracts

Renumeration. 4.1 Basic salary In his capacity as Chief Executive Officer of Accenture plc, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ shall receive, as basic cash remuneration, an annual gross reference salary of EUR 865,476. The annual gross salary shall relate to the annual period of the Company's compensation year, from December 1 to November 30, beginning on December 1, 2012, and may be adjusted from time-to-time by the Company as authorised by the Board, or any applicable committee thereof. The basic remuneration shall be paid in twelve monthly instalments, directly into the bank account of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇. It is expressly agreed that this remuneration is fixed and is independent of the time spent by ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ in the performance of his duties. 4.2 Global Annual Bonus ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ will be eligible to participate in Accenture's Global Annual Bonus Program as in place and as amended from time to time. Subject to the rules of the Global Annual Bonus Program, Accenture plc determines payout targets (if applicable within the limit of thresholds and maximum payment amounts fixed by Accenture plc) at the beginning of each compensation year, and the actual payment amounts, based on individual performance as well as overall company performance, following the completion of the applicable fiscal year. The Global Annual Bonus Program targets and payouts may fluctuate from year to year, either upwards or downwards, and shall be reviewed annually. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇'▇ target Global Annual Bonus payment will be communicated to him within a three-month period following the beginning of the reference period. The annual objectives entrusted to ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ will be fixed unilaterally by the Board or any applicable committee thereof. As a guide (and, in any event, the relevant Global Annual Bonus Program terms and conditions will always prevail), to be eligible for a Global Annual Bonus Program award for his performance in any given fiscal year in which the Global Annual Bonus Program is available, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ must be employed by the Company or an applicable subsidiary of Accenture plc on August 31 of that fiscal year (the last day of the fiscal year for which the bonus is declared). Global Annual Bonus Program awards will be paid out after December 1 once ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇'▇ performance rating and Accenture plc's performance for the prior fiscal year, as determined by the Board or any applicable committee thereof, are known. There shall be no claim or entitlement for future payment, even if such payment has been received in several previous performance years.

Appears in 1 contract

Sources: Permanent Employment Contract (Accenture PLC)

Renumeration. 4.1 Basic salary In his capacity as “Group Chief Executive Officer of Accenture plcResources”, ▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇ shall receive, as basic cash remuneration, an annual gross reference salary of EUR 865,476[*]. The annual gross salary shall relate to the annual period of the Company's compensation year, from December 1 to November 30, beginning on December 1, 2012, and may be adjusted from time-to-time by the Company as authorised by the BoardCompany, or from any applicable committee thereofother person or corporate body by whatever means they deem appropriate. The basic remuneration shall be paid in twelve monthly instalments, directly into the bank account of ▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇. It is expressly agreed that this remuneration is fixed and is independent of from the time spent by ▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇in for the performance of his duties. 4.2 Global Annual Bonus ▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇ will be eligible to participate in Accenture's Global Annual Bonus Program as in place and as amended from time to time. Subject to the rules of the Global Annual Bonus Program, Accenture plc the Company determines payout targets (if applicable within the limit of thresholds and maximum payment amounts fixed by Accenture plc) at the beginning of each compensation year, and the actual payment amounts, based on individual performance as well as overall company performance, following the completion of the applicable fiscal year. The Global Annual Bonus Program targets and payouts modalities may fluctuate from year to year, either upwards or downwards, and shall be reviewed annually. ▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇'▇ target ▇'s targets and payout modalities of the Global Annual Bonus payment will be communicated to him within a three-month period following the beginning of the reference period. The annual objectives targets entrusted to ▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇ will be fixed set unilaterally by the Board or any applicable committee thereofCompany. As a guide For information purposes (and, in any event, the relevant Global Annual Bonus Program terms and conditions will always prevail), to be eligible for a Global Annual Bonus Program award for his performance in any given fiscal year in which the Global Annual Bonus Program is available, ▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇ must be employed by the Company or an applicable eligible subsidiary of Accenture plc on August 31 of that fiscal year (the last day of the fiscal year for which the bonus is declaredcalculated). Global Annual Bonus Program awards will be paid out at the end of the calendar year (i.e., after December 1 1PPstPP) once ▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇'▇ ▇'s performance rating and Accenture plc's performance for the prior fiscal year, as determined by the Board or any applicable committee thereofCompany, are known. There ▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇▇ recognizes that there shall be no claim or entitlement for future payment, even if such payment has been received in during several previous performance years.

Appears in 1 contract

Sources: Indefinite Term Employment Contract (Accenture PLC)

Renumeration. 4.1 Basic salary In his capacity as “Group Chief Executive Officer of Accenture plcResources”, ▇▇▇▇▇▇ ▇▇▇▇-▇▇▇▇ OLLAGNIER shall receive, as basic cash remuneration, an annual gross reference salary of EUR 865,476[*]. The annual gross salary shall relate to the annual period of the Company's compensation year, from December 1 to November 30, beginning on December 1, 2012, and may be adjusted from time-to-time by the Company as authorised by the BoardCompany, or from any applicable committee thereofother person or corporate body by whatever means they deem appropriate. The basic remuneration shall be paid in twelve monthly instalments, directly into the bank account of ▇▇▇▇▇▇ -▇▇▇▇▇▇▇▇▇ OLLAGNIER. It is expressly agreed that this remuneration is fixed and is independent of from the time spent by ▇▇▇▇▇▇ ▇▇▇▇-▇▇▇▇ in OLLAGNIER for the performance of his duties. 4.2 Global Annual Bonus ▇▇▇▇▇▇ ▇▇▇▇-▇▇▇▇ OLLAGNIER will be eligible to participate in Accenture's Global Annual Bonus Program as in place and as amended from time to time. Subject to the rules of the Global Annual Bonus Program, Accenture plc the Company determines payout targets (if applicable within the limit of thresholds and maximum payment amounts fixed by Accenture plc) at the beginning of each compensation year, and the actual payment amounts, based on individual performance as well as overall company performance, following the completion of the applicable fiscal year. The Global Annual Bonus Program targets and payouts modalities may fluctuate from year to year, either upwards or downwards, and shall be reviewed annually. ▇▇▇▇▇▇ -▇▇▇▇▇▇▇▇'target OLLAGNIER's targets and payout modalities of the Global Annual Bonus payment will be communicated to him within a three-month period following the beginning of the reference period. The annual objectives targets entrusted to ▇▇▇▇▇▇ ▇▇▇▇-▇▇▇▇ OLLAGNIER will be fixed set unilaterally by the Board or any applicable committee thereofCompany. As a guide For information purposes (and, in any event, the relevant Global Annual Bonus Program terms and conditions will always prevail), to be eligible for a Global Annual Bonus Program award for his performance in any given fiscal year in which the Global Annual Bonus Program is available, ▇▇▇▇▇▇ ▇▇▇▇-▇▇▇▇ OLLAGNIER must be employed by the Company or an applicable eligible subsidiary of Accenture plc on August 31 of that fiscal year (the last day of the fiscal year for which the bonus is declaredcalculated). Global Annual Bonus Program awards will be paid out at the end of the calendar year (i.e., after December 1 1PPstPP) once ▇▇▇▇▇▇ -▇▇▇▇▇▇▇▇'OLLAGNIER's performance rating and Accenture plc's performance for the prior fiscal year, as determined by the Board or any applicable committee thereofCompany, are known. There ▇▇▇▇-▇▇▇▇ OLLAGNIER recognizes that there shall be no claim or entitlement for future payment, even if such payment has been received in during several previous performance years.

Appears in 1 contract

Sources: Indefinite Term Employment Contract (Accenture PLC)