During the Appointment Sample Clauses
The "During the Appointment" clause outlines the rights, responsibilities, and expectations of the parties while the appointment or engagement is ongoing. It typically specifies the conduct required, the services to be provided, and any ongoing obligations such as confidentiality, reporting, or compliance with policies. This clause ensures that both parties understand their duties and standards of behavior throughout the duration of the appointment, helping to prevent misunderstandings and maintain a professional relationship.
During the Appointment. 5.1.1 the Company shall pay to the Executive a salary at the rate of (pound)60,000 pounds per annum or at such other rate as may from time to time be agreed between the Company and the Executive;
5.1.2 the salary shall be deemed to accrue evenly from day to day over 365 days in each year and shall be payable in arrears by equal monthly instalments on the last working day of each month into a bank nominated by him and shall be inclusive of any fees and/or remuneration to which the Executive may be entitled by reason of his holding of any office in any Group Company;
5.1.3 the salary shall be reviewed by the Board at its discretion annually with effect from 1st July each year having regard to the individual performance of the Executive and the contribution made by the Company to the profitability of the Group
5.1.4 the Executive shall be entitled to a profit related bonus in the manner set out in Part I of Schedule 1; 5.
During the Appointment the Executive will not improperly use or disclose any confidential information or trade secrets of any former employer or any other person to whom the Executive has an obligation of confidentiality, and will not bring onto the Group’s premises any unpublished documents or any property belonging to a former employer or any other person to whom the Executive has an obligation of confidentiality unless consented to in writing by the former employer or person.
During the Appointment. 2.5.1 the Company has no duty to provide any work to or vest any powers in the Executive who shall have no right to perform any services for the Company or for any Group Company; and
2.5.2 the Company shall be entitled at any time to appoint another person to act jointly with the Executive in any capacity in which he/she may be employed.
During the Appointment. 6.1.1 The Company shall pay to the Executive a salary at a rate of GBP150,000 ("Base Salary") per annum accruing on a daily basis and payable in arrears by equal monthly instalments which shall be inclusive of any fees and/or remuneration to which the Executive may be entitled as a Director of the Company;
6.1.2 The Executive shall be entitled to a bonus at the discretion of the Board.
6.1.3 The Executive shall be entitled to a one-time signing bonus of GBP10,000 payable within thirty days of execution of this agreement; and
6.1.4 The Executive shall be awarded options to purchase 500,000 shares in the capital of the Company on such terms as set out in Schedule 3.
During the Appointment the Company shall so long as the Appointee is legally entitled to drive provide the Appointee with a Car for use by the Appointee in the course of the Appointee's duties.
During the Appointment. 6.1.1 The Company shall pay to the Executive a salary at a rate of GBP100,000 ("Base Salary") per annum accruing on a daily basis and payable in arrears by equal monthly instalments which shall be inclusive of any fees and/or remuneration to which the Executive may be entitled as a Director of the Company, which Base Salary shall be subject to annual review by the Board;
6.1.2 The Executive shall be entitled to a one-time signing bonus of GBP15,000;
6.1.3 The Executive shall be entitled to a bonus at the discretion of the Board; and
6.1.4 The Executive shall be awarded options to purchase 225,000 shares in the capital of the Company on such terms as set out in Schedule 3.
During the Appointment. (a) if requested to do so, You must complete (at the Company’s expense) any Health and Safety training, IT Security training and Compliance training, or any other form of training which we will communicate to You from time to time.
(b) You are not required to complete any training at your own expense; and
(c) You may be entitled to take part in various training courses which we may provide from time to time in-house. Specific details of what courses will be available to you by Human Resources.
During the Appointment. (a) the Company has no duty to provide any work to, or vest any powers in, You and You have no right to perform any services for the Company or for any Group Company; and
(b) the Company is entitled at any time to appoint another person to act jointly with You in any capacity in which You may be employed.
During the Appointment. 5.1.1 the Company shall pay to the Executive a Salary at a rate of £80,000 per annum (or at such higher rate as may from time to time be agreed between the Company and the Executive);
5.1.2 in addition to the Salary outlined in 5.1.1 the Company shall pay to the Executive a bonus (the parameters for which will be agreed in advance for each financial year (those for the year (99/2000 having been set out in Schedule 2));
5.1.3 the Salary shall be deemed to accrue evenly from day to day over 365 days in each year and shall be payable in arrears by equal monthly installments on or around the 25th of each month into a bank account nominated by him and shall be inclusive of any fees and/or remuneration to which the Executive may be entitled as a Director of the Company or any Group Company;
5.1.4 the Salary shall be reviewed annually on 1 May each year by the Board the first such review to take place on 1 May/2000.