Examples of Shareholder Compact in a sentence
The performance of these plants is therefore critical for electricity supply planning and security.Medium plant performance projection is assumed for the IRP Update as it is in line with Eskom’s Shareholder Compact of 2017 and Corporate Plan targets.
If necessary, the Shareholder Compact should be amended to clarify the role of the Shareholder Representative in relation to the Administration of the Broadcaster, and the Board.
The Directors’ Report is based on the objectives and key performance measures and indicators set out in the Shareholder Compact and the Corporate Plan.
An annual agreement document as per TR 29.2 between the shareholder Minister and the SOC on the agreed key performancemeasure and targets to be attained by the SOC.Source of dataConsultation with SOCs, previous Shareholder Compact and SIS.Method of calculation or assessmentSimple Count.Means of verificationApproved Shareholder Compacts by Minister.AssumptionsTimely agreement of KPA and KPI with all stakeholders and negotiations process are not delayed.
The objectives are formally endorsed annually by the general meeting of shareholders, the board and management.The Shareholder Compact, a formal agreement between the Board and the shareholder representative, serves to document government’s policy and strategic objectives as well as key performance measures and indicators to be attained by the Bank.88 The Corporate Plan, annexed to the Shareholder Compact, elaborates upon agreed objectives, performance indicators and quantitative targets.
The targets to be achieved by PACOFS in any financial year are determined in the Shareholder Compact.
The Protocol requires the Board to submit to the Minister, as shareholder representative, a budget (defined), Corporate Plan (defined) and borrowing plans, at least one month before the beginning of a new financial year.91 The Shareholder Compact addresses requirements for regular and extraordinary reporting.
This was essential but only possible because the Shareholder removed the KLO requirement from the Shareholder Compact from 1 April 2013.
It is the joint responsibility of the Shareholder and the Council to ensure that the Shareholder Compact is developed.
The funds are transferred to enable the public entity to fulfill its mandate in terms of the Shareholder Compact and Performance Agreement.