Common use of Fixed Reward - TEC Clause in Contracts

Fixed Reward - TEC. Your TEC package on commencement of work in your new position is AUD$500,000 per annum. You must take 65% of TEC as notional salary. The balance, less mandatory superannuation contributions, is a flexible component and can be taken as cash benefit/Cashtec or non-cash benefits or a combination of both.

Appears in 1 contract

Samples: Employment Agreement (Australia & New Zealand Banking Group LTD)

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Fixed Reward - TEC. Your TEC package on commencement of work in your new position is AUD$500,000 $600,000 per annum. You must take 65% of TEC as notional salary. The balance, less mandatory superannuation contributions, is a flexible component and can be taken as cash benefit/Cashtec or non-cash benefits or a combination of both.

Appears in 1 contract

Samples: Employment Agreement (Australia & New Zealand Banking Group LTD)

Fixed Reward - TEC. Your TEC package on commencement of work in your new position is AUD$500,000 $300,000 per annum. You must take 65% of TEC as notional salary. The balance, less mandatory superannuation contributions, is a flexible component and can be taken as cash benefit/Cashtec or non-cash benefits or a combination of both.

Appears in 1 contract

Samples: Employment Agreement (Australia & New Zealand Banking Group LTD)

Fixed Reward - TEC. Your TEC package on commencement of work in your new position is AUD$500,000 per annum. You must take 65% of TEC as a notional salary. The balance, less mandatory superannuation contributions, is a flexible component and can be taken as cash benefit/Cashtec or non-cash benefits or a combination of both.

Appears in 1 contract

Samples: Employment Agreement (Australia & New Zealand Banking Group LTD)

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Fixed Reward - TEC. Your TEC package on commencement of work in your new position is AUD$500,000 AUD600,000 per annum. You must take 65% of TEC as notional salary. The balance, less mandatory superannuation contributions, is a flexible component and can be taken as cash benefit/Cashtec or non-cash benefits or a combination of both.

Appears in 1 contract

Samples: Employment Agreement (Australia & New Zealand Banking Group LTD)

Fixed Reward - TEC. Your TEC package on commencement of work in your new position is AUD$500,000 AUD800,000 per annum. You must take 65% of TEC as notional salary. The balance, less mandatory superannuation contributions, is a flexible component and can be taken as cash benefit/Cashtec or non-cash benefits or a combination of both.

Appears in 1 contract

Samples: Employment Agreement (Australia & New Zealand Banking Group LTD)

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