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.
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 the components of a Risk Taker’s remuneration not classified as fixed remuneration;

Examples of Variable Remuneration in a sentence

  • Telix Pharmaceuticals Ltd │A0CAN 000 000 000 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.


More Definitions of Variable Remuneration

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;
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 any remuneration paid to an Employee that is not Fixed Remuneration.
Variable Remuneration means Remuneration, the amount or size of which is not determined in advance.
Variable Remuneration means all Risk Taker’s remuneration components which are not components of the Fixed Remuneration; 33) „Employment in the Bank” shall mean employment relation or civil law relationship connected with provision of work or services to the Bank; 34) „Employment in the Subsidiary” shall mean employment relation or civil law relationship connected with provision of work or services to the Subsidiary; 35) „OGMS” shall mean Ordinary General Meeting of Bank Millennium Shareholders
Variable Remuneration means a component of the total remuneration in the form of premium, bonus, discretionary pension benefits and other non-monetary payments or benefits based on the criteria for assessment of the performance.
Variable Remuneration means remuneration which is not fixed.". In Article 2, item (6) is amended to read: