Remuneration Scheme definition

Remuneration Scheme means the framework of the respective general parameters as applicable for the respective year(s) according to which the Variable Remuneration shall be awarded and paid out.
Sample 1Sample 2Sample 3
Remuneration Scheme means the framework of the respective general parameters as applicable from time to time according to which the Variable Remuneration shall be awarded and paid out.
Sample 1Sample 2Sample 3

Examples of Remuneration Scheme in a sentence

  • Payments made as compensation for forfeited Remuneration in previous service and/or employment relationships shall be in line with the long-term interests of the Company and shall take into account individual performance and the deferral requirements stipulated in the respective Remuneration Scheme as applicable from time to time in case the beneficiary is identified as Risk Taker.

  • The criteria and details are set out in the respective applicable Remuneration Scheme and/or the service agreement.

  • An earlier revision to the salary structure, the Public Ser- vice New Remuneration Scheme, was announced in January 2012 but withdrawn after objections from CUEPACS, a coali- tion of civil service unions, that senior officials benefited more than those at lower ranks.

  • The period for application of malus and clawback arrangements expires two years after the expiration of the deferral period of Variable Remuneration, as defined in the Risk Taker pay-out schedule of the Remuneration Scheme.

  • The Company shall consider performance and risks assumed to determine the Total Amount.Details are stipulated in the respective Remuneration Scheme and the documentation of the determination of the Total Amount of Variable Remuneration.

  • Employees shall be informed about the respective Remuneration system and be provided with the Remuneration Scheme (in case of Risk Takers) as applicable for the respective performance period.

  • Details, in particular the pay-out schedule, are stipulated in the respective Remuneration Scheme and the Terms and Conditions of Instruments each as applicable for the respective year(s).

Related to Remuneration Scheme

  • Remuneration means any money or its equivalent given or passed to any person for services rendered by him and includes perquisites as defined under the Income-tax Act, 1961;

  • Requisition Compensation includes all compensation or other moneys payable by reason of any act or event such as is referred to in paragraph (b) of the definition of “Total Loss”;

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • certification scheme means the ‘Human Services Scheme Part 1 – Common requirements for bodies certifying Human Services’ and ‘Human Services Scheme Part 2 – Additional requirements for bodies certifying Human Services in Queensland’ approved by XXX-ANZ under which bodies accredited by XXX-ANZ can, through Certification Audits, certify and re-certify that an organisation is delivering human services in compliance with the Quality Standards, published on the website at xxx.xxx-anz.com.au or such other website as We may from time to time notify You;

  • Retirement board or "board" means the retirement system's governing board provided for in 2-15-1010.