Variable Remuneration definition

Variable Remuneration means the portion of Remuneration, which is not Fixed Remuneration, i.e. the awarding or amount of which is at the Group’s discretion or is dependent on the occurrence of agreed conditions and shall include discretionary pension benefits.

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Variable Remuneration means the portion of Remuneration, the awarding or amount of which is at the Company’s discretion or is dependent on the occurrence of agreed conditions and shall include discretionary contributions to pension schemes.

Variable Remuneration means all non regular remunerations paid by the employer to the employee, including allowances, complementary bonuses and commissions, as well as tips not controllable by the employer;

Examples of Variable Remuneration in a sentence

• Banco Santander maintains the Banco Santander, S.A. Deferred and Conditional Variable Remuneration Plan (the “Banco Santander Plan”).

• Telix Pharmaceuticals Ltd │A0CAN ▇▇▇ ▇▇▇ ▇▇▇ Short Term Incentive At the discretion of Telix Pharmaceuticals and subject to all relevant terms from your original employment agreement and STVR letters issued to you, your Short-Term Variable Remuneration may be up to 27% of your base salary.

• Variable Remuneration is determined in accordance with rules set by us from time to time and is at our discretion.

• The Company also pays most employees Variable Remuneration, which is a portion of your pay linked to performance.

• If the Client gives approval for the performance of the Additional Services, the Consultant shall not exceed the scope or the cost estimate accepted by the Client for the Variable Remuneration Services without first providing timely written notice to the Client setting out the revised scope and/or cost estimate and a reasonable justification for the increase in scope and/or costs.

More Definitions of Variable Remuneration

Variable Remuneration has the meaning given to it in Article 4.2 (Variable Remuneration). "Variable Remuneration Payment Date" means 30 June of each year to fall after the publication of the Borrower's audited consolidated financial statements for the preceding financial year, up to (and including) the first of those dates to fall after the publication of the Borrower's audited consolidated financial statements for the year ended 31 December 2037. "Voluntary Non EIB Prepayment" means a voluntary prepayment by any Group Company (for the avoidance of doubt, prepayment shall include a repurchase, redemption or cancellation where applicable) of a part or the whole of any Non-EIB Financing where: (a) such prepayment is not made within a revolving credit facility (save for the cancellation of the revolving credit facility); or (b) such prepayment is not made out of the proceeds of a loan or other indebtedness having a term at least equal to the unexpired term of the Non-EIB Financing prepaid.

Variable Remuneration means the average of the STI + the stock options offered and accepted for that year calculated according to the Black & Scholes method.

Variable Remuneration means Remuneration, the amount or size of which is not determined in advance.

Variable Remuneration means any remuneration paid to an Employee that is not Fixed Remuneration.

Variable Remuneration means the portion of Remuneration, the awarding or amount of which is at the Company’s discretion or

Variable Remuneration means additional direct cash payments or shares grant or profits distribution or other benefits dependent on performance criteria or, in some cases, other criteria, including but not limited to the achievement of short and long term operational and financial targets as set out from time to time by the Board of Directors.

Variable Remuneration means portion of remuneration which is payable to employees on the basis of evaluation of their performance. This is a combination of Short Term Incentive Plan (STIP) and Long Term Incentive Plan (LTIP) likes ESOP’s and Grants.