Incentive Arrangements. With respect to any Person, any (a) earn-out agreements, (b) stock appreciation rights, (c) “phantom” stock plans, (d) employment agreements, (e) non-competition agreements and (f) incentive and bonus plans entered into by such Person for the benefit of, and in order to retain, executives, officers or employees of Persons or businesses.
Incentive Arrangements. (a) You may be eligible to participate in incentive arrangements offered by the Company from time to time.
Incentive Arrangements i. Rate Development Standards This section provides documentation of the incentive payment structure in the MMC program.
Incentive Arrangements i. Rate Development Standards This section provides documentation of the incentive payment structure in the MyCare program.
Incentive Arrangements. During the Employment Term, Executive shall be entitled to participate in the MIP established by the Company’s MIP Unit Member and all other incentive, equity-based and deferred compensation plans, practices, policies and programs established by CenterPoint or the Company (other than the Retention Equity Compensation Plan under the Company’s Retention and Incentive Equity Compensation Program (the “Equity Compensation Program”)) for the general benefit of similarly-situated executive and managerial employees.
Incentive Arrangements. Employee incentive plans
Incentive Arrangements. Xxxxxx believes that the ongoing incentivisation of senior management of the TClarke Group is very important to its future success. However, Regent has not entered into, has not had discussions on proposals to enter into, any form of incentivisation arrangements with members of TClarke’s management and will not do so prior to the Scheme becoming Effective. Regent intends to put in place incentive arrangements for certain members of the TClarke management team following the Effective Date. Headquarters, locations, fixed assets Regent has no intention of closing any of TClarke’s existing offices. Regent has no intentions to redeploy the fixed assets of TClarke at this time. Trading Facilities TClarke Shares are currently admitted to trading on the Main Market of the London Stock Exchange. As set out in paragraph 14, an application will be made to the London Stock Exchange to cancel the admission to trading of the TClarke Shares on the Main Market on or shortly after the Effective Date. Regent intends to re- register TClarke as a private company after the Effective Date. Intentions for the Future of Regent There will be no changes to Regent’s employees and management, including no material changes in the conditions or balance of skills and functions of Regent Acquisitions Limited. There will be no changes to Regent’s strategic plans (other than as set out in paragraph 5 above). There will be no likely repercussions on employment, places of business and headquarters / headquarter functions.
Incentive Arrangements. Each year, at our discretion, we may invite you to take part in our incentive arrangements. Participation in any incentive plan and the terms of your participation are not part of your employment contract. If we invite you to participate in any one year, it does not mean you are entitled to participate in future years. We may amend, replace or withdraw incentive arrangements at any time but we will tell you if we do so. Details of the awards you may receive are shown in the schedule. 8 Car allowance/Company car We will pay you an allowance instead of providing you with a company car. The amount is shown in the schedule. We do not count this allowance when we calculate your pension. We may choose to provide you with a car. If we do, we will send you a list of the type of car you can have. You may use the car for private journeys. Back to Contents
Incentive Arrangements. The Executive shall be eligible to participate in the Randgold Resources Limited Co-Investment Plan and the Randgold Resources Limited Restricted Share Scheme (the “Share Plans”) subject to the Rules of the Share Plans as amended from time to time and of any long term incentive plan or plans which in the future replace the Co-Investment Plan and/or the Restricted Share Scheme. It is noted that under the terms of the Share Plans, as apply at the date of this Agreement, where a participant is a “good leaver”, or there is a Specified Event (as defined under the Share Plans), a participant shall be entitled to an award based on the extent to which the relevant performance condition(s) is or are satisfied as at the relevant date and pro-rated for that period of time which has elapsed since the beginning of the applicable performance period up to the date of the relevant event in accordance with rule 9.2 of the Co-Investment Plan and rule 8.2 of the Restricted Share Scheme. Any entitlement under the Share Plans shall not be pensionable. The Board and the Chief Executive Officer shall consult with the Executive with respect to the establishment of the applicable performance targets.
Incentive Arrangements. (i) Annual bonus plan You will be entitled to participate in an annual bonus plan. This will provide for the ability to earn an annual bonus of up to 75% of your basic earnings in the financial year 2006/2007. We will give you details of how the annual bonus plan works which you will also be able to access on our intranet. The level of payment will normally be based on achieving corporate targets and/or personal objectives. Your first participation in the annual bonus plan relating to this appointment will be for the 2006/07 financial year. You will be able to participate in an annual bonus plan in subsequent years. We will tell you the measures and targets on which the plan is based from year to year. We may change how the scheme works. If we do we will tell you. We do not count the value of awards made under this plan when we calculate your pensionable earnings.
