Remuneration Package definition

Remuneration Package means the total of the remuneration package specified in Clause 12.

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Remuneration Package means the remuneration package for a Principal Class Employee or a class of the Principal Class determined in accordance with a Ministerial Order.

Remuneration Package means the remuneration package for a member of the Principal Class or a class of member of the Principal Class determined in accordance with a Ministerial Order.

Examples of Remuneration Package in a sentence

• The Remuneration Package is inclusive of superannuation, unless otherwise specified.

• The benefits and coverage shall be based on the Remuneration Package that the Executive received immediately prior to the date of termination of employment.

• The life assurance cover for the Executive will be an amount equivalent to 4 (four) years' gross annual Remuneration Package of the Executive calculated on the basis of the Remuneration Package payable to the Executive at the date of his death.

• Should the Executive meet all the targets set in terms of the key performance indicators agreed to in respect of a specific bonus cycle he shall be entitled to a bonus of 40 (forty) per cent of his Remuneration Package.

• This agreement sets out the terms of employment of the Director with the Company from 1 March 2004 to take into account the introduction of the Gross Remuneration Package system.

More Definitions of Remuneration Package

Remuneration Package in relation to each year, the aggregate of all amounts payable by the Company to and on behalf of the Executive as is more fully set out in clause 5, and as amended from time to time;

Remuneration Package means the total amount, before the deduction of any tax, of the salary, fees, profit share or equivalent remuneration and all commissions, bonuses, allowances (including company car allowances) and benefits of any kind in respect of the first year of the Engagement. In the event that the Applicant is provided with a company car, the sum of £4,500 shall be added to the Remuneration Package for the purposes of calculation of Fees.

Remuneration Package means the total amount, before the deduction of any tax, of the salary, fees, profit share or equivalent remuneration and all commissions, bonuses,

Remuneration Package means the aggregate gross annual emoluments payable to or receivable by a Candidate pursuant to an Engagement including, joining inducements, guaranteed bonuses, deferred bonuses, indicated bonuses, sign-on monies, profit share, travel allowances, housing allowance, disturbance allowances, mortgage subsidies, company cars and other identifiable financial benefits and (a) where a company car forms part of the Remuneration Package it will be deemed to have a value of £10,000 and (b) where a car allowance is taken as part of the Remuneration Package in lieu of a company car the total value of the allowance will be included in calculating the Remuneration Package (c) for sales positions, calculated at guaranteed salary plus 2/3rds of OTE, and (d) where shares, share options, share warrants or participation in any other share linked employee incentive scheme including shadow share schemes and LTIPs (each an “Option”) forms part of the Remuneration Package they will be deemed to have a value equivalent to (i) 100% of the stated market value of the shares over which the Option exists or to which it is linked (the “Option Shares”) if the Option is guaranteed; or (ii) 2/3rds of the stated market value of the Option Shares if the Option is conditional on certain targets being met; or (iii) 30% of the base salary of the Candidate if no specific value is attributed to the Option Shares, in each case in respect of any Option granted or agreed to be granted within the first 18 months of the Engagement.

Remuneration Package means the remuneration package for an executive officer determined for the time being under the Statutory and Other Offices Remuneration Act 1975.

Remuneration Package means the remuneration package for an executive officer determined in accordance with Schedule 3;

Remuneration Package means the remuneration package as set out in CLAUSE 5.1; and