Annual Remuneration definition
Annual Remuneration means all amounts payable to an Eligible Director by the Corporation in respect of the services provided by the Eligible Director to the Corporation in connection with such Eligible Director’s service on the Board in a fiscal year, including without limitation, (i) the annual base retainer fee for serving as a Director, (ii) the annual retainer fee for serving as a member of a Board committee; (iii) the annual retainer fee for chairing a Board committee which amounts shall, unless otherwise determined by the Board, be payable Quarterly in arrears; and (iv) for the Eligible Director who is the lead Director of the Board, the additional retainer fee for serving such role; provided that “Annual Remuneration” shall not include any amounts received by an Eligible Director as a reimbursement for expenses incurred in attending meetings or any DSUs awarded under Section 21.1.3.
Annual Remuneration means the aggregate annual retainer or fee payable to a Designated Participant;
Annual Remuneration means the Base Salary and Bonus payable to an Eligible Employee by the Company in or in respect of each financial year;
Examples of Annual Remuneration in a sentence
The Annual Remuneration Package is subject to the deduction, or withholding of any amounts on account of, any applicable taxation.
Superannuation contributions will be calculated on your Annual Remuneration Package, including any allocated fringe benefit amounts.
The Annual Remuneration Package provides for salary sacrificing in accordance with the Fringe Benefits Tax Assessment Act 1986 and related Fringe Benefits Taxation rulings of the Australian Taxation Office.
You understand and accept that the respective proportion of the Annual Remuneration Package to be paid to you both is agreed and is set out in Schedule C in the respective agreements.
You will be paid an annual remuneration package of $<insert amount> (Annual Remuneration Package) exclusive of superannuation, as set out in Schedule C.
More Definitions of Annual Remuneration
Annual Remuneration means all amounts ordinarily payable in cash to a Non-Employee Director by the Company in respect of the services provided by the Non-Employee Director to the Company in connection with such Non- Employee Director’s service on the Board in the Company’s fiscal year, including as applicable and without limitation
Annual Remuneration is defined as the anticipated total gross remuneration payable for the Candidate’s services during the first twelve (12) months of an Engagement by the Client.
Annual Remuneration means the payment to the Private partner by the Public partner, calculated and paid in accordance to the terms of settlement and payment specified in the Annex 3 to this Agreement the Terms of settlement and payment; New property means the personal property, needed for the outfitting of the Object, including the furniture, which is installed according to the requirements of the Specifications and the Tender, and/or required for the provision of Services at the Object; Lease agreement means the agreement(s) for the lease of the Land plot(s) concluded for the term of the performance of Works, pursuant to which the authorized state institution transfers to the Private partner to manage and use the Land plot(s) for the purposes of the performance of this Agreement; Object means [indicate the property the creation/acquisition of which is transferred to the Private partner, or transferred to it for reconstruction, renovation, etc.]; Commencement of Object's operation means the date on which the Act, specified in the paragraph 9.3 of this Agreement, was signed by the Public partner and the Private partner, as of which, the Private partner starts to provide the Services and receive the Annual remuneration; Object creation period means a period of time from the starting date when the Agreement came into force in full to the commencement date of Object's operation; Modification means the modification of Works performed and/or Services provided in accordance with the terms specified in the paragraph 17 of this Agreement;
Annual Remuneration means the annual rate of basic salary as designated by the Committee for the purposes of the Plan;
Annual Remuneration means the Base Remuneration for members of Council effective January 1, 2024 and adjusted annually in accordance with Section 2.2 of this By-law.
Annual Remuneration means all amounts ordinarily payable in cash to a Non- Executive Director by the Company in respect of the services provided by the Non-Executive Director to the Company in connection with such Non-Executive Director’s service on the Board in a fiscal year, including without limitation (i) the Annual Retainer; (ii) the fee for serving as a member of a Board committee; and (iii) the fee for chairing a Board committee, which amounts shall, unless otherwise determined by the Board or the Committee, be payable Quarterly in arrears. “Annual Remuneration” shall exclude any meeting fees payable in respect of attendance at individual meetings and amounts received by a Non- Executive Director as a reimbursement for expenses incurred in attending meetings;
Annual Remuneration means all amounts ordinarily payable in cash to a Non-Employee Director by the Corporation in respect of the services provided by the Non-Employee Director to the Corporation in connection with such Non-Employee Director’s service on the Board in an Annual Period, including as applicable and without limitation (i) the Annual Retainer; (ii) the fee for serving as a member of a Board committee; and (iii) the fee for chairing a Board committee. For greater certainty, "Annual Remuneration” shall exclude any meeting fees payable in respect of attendance at individual meetings and amounts received by a Non-Employee Director as a reimbursement for expenses incurred in attending meetings;