BONUS SCHEME. The Executive will be entitled to participate in any contractual bonus scheme or schemes established from time to time by the Company for executives of equivalent status to the Executive, subject always to the rules of those schemes. The Executive may from time to time receive a bonus payment up to an annual maximum of 60% of the Executive’s basic salary as set out in clause 5.1 above based on achievement of objectives to be agreed between the Executive and the Company from time to time. The payment and amount of any payment (within the 60% of basic salary threshold) is at the Company’s absolute discretion. A payment at any particular time will not create any entitlement to or expectation of any future payment or the amount of any future payment. Save in the case of any accrued bonus under any bonus scheme in which the Executive is participating, the Executive will not be entitled to receive any such bonus payment if, at the date the bonus payment under the bonus scheme would ordinarily be made, he is not employed by the Company or if the Executive has served notice to terminate his employment without Good Reason (as defined above).
BONUS SCHEME. The Employee will participate in the management bonus scheme and share option scheme, to be established for the Company.
BONUS SCHEME. The Executive will be entitled to participate in any contractual bonus scheme or schemes established from time to time by the Company, the Listed Company or any other Group Company for executives of equivalent status to the Executive, subject always to the rules of those schemes. Any agreement which shall contractually determine the terms pursuant to which the Executive shall be entitled to bonus payments out of the profits of the Company in accordance with the provisions of Law 4111/2013, art. 43 para.5 shall be hereafter referred to as the “Bonus Scheme Agreement”.
BONUS SCHEME. The Company operates a non-contractual scheme of up to 40% of base salary, against clearly defined objectives. This scheme is reviewed and may change on an annual basis including the discontinuation subject to company profits.
BONUS SCHEME. Subject to the terms, conditions and rules of any applicable bonus plan in force from time to time and the successful achievement by you and by the Company of any targets, budgets or objectives determined by the Compensation Committee of the Parent for each year, you shall be eligible for a discretionary bonus of up to 30% of your basic annual salary at the applicable time. Whether each target or objective has been successfully completed, whether to pay any bonus and, if so, the amount of any bonus are matters within the discretion of the Compensation Committee of the Parent. You agree that the terms, conditions and rules applicable to the bonus plan may be varied from time to time in the absolute discretion of the Company and you acknowledge that the targets and objectives are likely to vary from year to year. The fact that a bonus is paid in one year is no guarantee that bonuses will be paid in subsequent years. As the bonus is intended to incentivise you to remain in the employment of the Company, the payment of any bonus is conditional on your being in the employment of the Company on the day the bonus is due for payment. All bonuses shall be subject to deductions for income tax, employee's national insurance contributions and any other withholdings required by applicable law.
BONUS SCHEME. Permanent employees have the opportunity of receiving the bonus payment subject to the achievement of the targets contained in Appendix C.
BONUS SCHEME. 7.1 In consideration for the Executive agreeing to take up employment under the terms set out in this Agreement the Company agrees to pay to the Executive the sum of £35,000 subject to deductions for tax and National Insurance in the usual way. This payment will be made within 15 days of the commencement of the Executive’s employment under this Agreement but the net amount after deduction of payroll and other taxes shall be repayable in full to the Company if the Executive gives notice to terminate his employment or his employment has terminated within 12 months of the commencement of his employment. The Company reserves the right to deduct this sum from any payment owing to the Executive upon termination of his employment. The parties agree that this sum referred to in clause 7.1 will be recoverable by the Company as a debt.
BONUS SCHEME. All New and Existing Clients of the Company can request to receive the Bonus equal up to 100% of their Eligible Deposits if the following conditions are met:
BONUS SCHEME. 3.9.1 The Company is offering a bonus incentive scheme to employees covered by this agreement. If the Company’s financial performance for the nominated calendar year surpasses the budget forecast for that nominated calendar year, the following amounts will be payable to employees covered by this agreement; Calendar Year Amount 2008 1% of gross annual salary in January 2009 2009 1.25% of gross annual salary in January 2010 4 Part 4 HOURS OF WORK, OVERTIME
BONUS SCHEME. 27.1. You are invited to participate in a bonus scheme at the discretion of the Company. Details of the scheme will be advised to you. This bonus scheme does not form part of your Total Fixed Remuneration. Any payment or benefit under this bonus scheme does not form part of your salary for the purposes of calculating payment in lieu of notice or any other entitlements.
