Annual Remuneration means all amounts payable to an Eligible Director by the Company in respect of the services provided by the Eligible Director to the Company 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; and (iii) the annual retainer fee for chairing a Board committee but, for greater certainty, excluding any meeting fees payable in respect of attendance at individual meetings or any amounts received by an Eligible Director as a reimbursement for expenses incurred in attending meetings, which amounts shall, unless otherwise determined by the Board or the Committee, be payable Quarterly in arrears;
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
Each year, the Remuneration Committee proposes to the Board of Directors the Annual Remuneration Policy Report, as part of the Annual Report of the Company, which is submitted to the shareholders’ Annual General Meeting for approval.
Annual Remuneration refers to the Annual Compensation payable to the employees.
Annual Remuneration Payment Date(s): Not applicable.57.Participation Remuneration Amount:Not applicable.
The maximum annual amount payable under the Short Term Incentive is 50% of the Fixed Annual Remuneration.
Remuneration Reports / Statements4.13 The Committee shall prepare, for submission to the Board, the Annual Remuneration Policy Report, which will comprise part of or be attached to the Annual Report of the Company.
More Definitions of Annual Remuneration
Annual Remuneration means the higher of:
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 (for a 12 month period, or pro-rata for any shorter period) an Employee’s:
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 means the annual rate of regular remuneration as designated by the Committee for the purposes of the Plan;
Annual Remuneration means all amounts payable to an Eligible Director by the Company in respect of the services provided by the Eligible Director to the Company 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, (iv) any fees for attending meetings of the Board or Board committees, but, for greater certainty, excluding amounts received by an Eligible Director as a reimbursement for expenses incurred in attending meetings;
Annual Remuneration the gross annual remuneration (including directors’ fees) paid or payable by the Company and/or any Subsidiary to an Eligible Person; the “Auditors” the auditors for the time being of the Company;