REMUNERATION AND BENEFITS. 3.1 Manitoba shall pay to Employee as remuneration for her services, within the Executive Assistant to the Minister (EXM) classification, a basic annual salary of $58,271 payable in equal bi-weekly installments of $2,233.73, at the accepted regular Manitoba Civil Service pay periods, pro-rated where necessary for any shorter period.
3.2 Manitoba shall make:
(a) all deductions required in respect of Income Tax, Canada Pension Plan, Employment Insurance; and
(b) any other deductions required to be made from payments to Employee, whether in accordance with any applicable laws or statutes, or otherwise; and
(c) any deductions requested by Employee and agreed to by Manitoba.
3.3 The remuneration to Employee shall be adjusted at such times as salary adjustments are made in the salary range of excluded employees in the employ of Manitoba.
3.4 Employee shall be considered as an employee for purposes of The Civil Service Superannuation Act.
3.5 Employee is entitled to participate fully in the group benefit programs that have been or may be established for the employees of Manitoba including its programs relating to group insurance, long-term disability, and health benefits programs, comparable to those provided to civil servants. Employee will be eligible to participate in the group benefit programs after the waiting periods established by Manitoba. The waiting periods commence on the effective date as per section 1.1.
3.6 Employee, with the approval of Manitoba, is eligible to receive other benefits normally granted to employees employed by Manitoba.
REMUNERATION AND BENEFITS. 3.1 Manitoba shall pay to Employee as remuneration for her services, within the Senior Officer 3 (SF3) classification, a basic annual salary of $95,171 payable in equal bi-weekly installments of $3,648.20, at the accepted regular Manitoba Civil Service pay periods, pro-rated where necessary for any shorter period.
3.2 Manitoba shall make:
(a) all deductions required in respect of Income Tax, Canada Pension Plan, Employment Insurance; and
(b) any other deductions required to be made from payments to Employee, whether in accordance with any applicable laws or statutes, or otherwise; and
(c) any deductions requested by Employee and agreed to by Manitoba.
3.3 The remuneration to Employee shall be adjusted at such times as salary adjustments are made in the salary range of excluded employees in the employ of Manitoba.
3.4 Employee shall be considered as an employee for purposes of The Civil Service Superannuation Act.
3.5 Employee is entitled to participate fully in the group benefit programs that have been or may be established for the employees of Manitoba including its programs relating to group insurance, long-term disability, and health benefits programs, comparable to those provided to civil servants. Employee will be eligible to participate in the group benefit programs after the waiting periods established by Manitoba. The waiting periods commence on the effective date as per section 1.1.
3.6 Employee, with the approval of Manitoba, is eligible to receive other benefits normally granted to employees employed by Manitoba.
REMUNERATION AND BENEFITS. Subject to the Company’s policies and practices, during the Term, the Executive shall be entitled to the following remuneration and benefits (on a cumulative basis):
REMUNERATION AND BENEFITS. 3.1 Manitoba shall pay to Employee as remuneration for his services, within the Executive Assistant to the Minister classification, a basic annual salary of $67,558 payable in equal bi-weekly installments of $2,589.70, at the accepted regular Manitoba Civil Service pay periods, pro-rated where necessary for any shorter period.
3.2 Manitoba shall make:
(a) all deductions required in respect of Income Tax, Canada Pension Plan, Employment Insurance; and
(b) any other deductions required to be made from payments to Employee, whether in accordance with any applicable laws or statutes, or otherwise; and
(c) any deductions requested by Employee and agreed to by Manitoba.
3.3 The remuneration to Employee shall be adjusted at such times as salary adjustments are made in the salary range of excluded employees in the employ of Manitoba.
3.4 Employee shall be considered as an employee for purposes of The Civil Service Superannuation Act.
3.5 Employee is entitled to participate fully in the group benefit programs that have been or may be established for the employees of Manitoba including its programs relating to group insurance, long-term disability, and health benefits programs, comparable to those provided to civil servants. Employee will be eligible to participate in the group benefit programs after the waiting periods established by Manitoba. The waiting periods commence on the effective date as per section 1.1.
3.6 Employee, with the approval of Manitoba, is eligible to receive other benefits normally granted to employees employed by Manitoba.
REMUNERATION AND BENEFITS. 4.1 The remuneration of the Executive will be reviewed annually by the Company and communicated to the Executive in writing and paid in accordance with the Unilever Group’s payroll practice, as amended from time to time.
4.2 The Executive will not be entitled to receive any fees or other remuneration additional to the agreed remuneration by virtue of, or in respect of, any directorships that may be held from time to time of any Unilever Group company.
4.3 Any remuneration arising from a directorship of an organisation outside the Unilever Group shall be treated in accordance with the prevailing Company policy.
4.4 Details of the Executive’s pension entitlement shall be notified to him separately in writing by the Company.
4.5 The Company shall reimburse the Executive, against production of receipts, for all reasonable travelling, hotel, entertainment and other out-of-pocket expenses which he may from time to time incur in the proper execution of his duties hereunder and pursuant to any Company policy in force from time to time.
REMUNERATION AND BENEFITS. 5.1 The Corporation shall pay to the Executive an annual salary (“Base Salary”) of USD$150,000 equivalent, adjusted for exchange rate differences on January 1, April 1, July 1 and October 1 annually less statutory deductions, payable in accordance with the Corporation’s usual payroll practices. The Base Salary will be reviewed on an annual basis, and may, in the sole discretion of the Board of Directors, be increased. The Board of Directors may not reduce the Executive’s Base Salary (after taking into account any increase in Base Salary) without the Executive’s consent unless the Corporation reduces the annual base salary of all members of the Corporation’s senior management team on a substantially equivalent basis. Effective as of the date of any increase in the Executive’s Base Salary, Base Salary as so increased shall be considered the new Base Salary for purposes of this Agreement.
5.2 The Executive shall also be eligible:
(a) for each full Fiscal Year during the Executive’s term of employment, to earn an annual cash bonus (the “Annual Bonus”) in accordance with the terms hereof and the terms of any annual cash bonus incentive plan maintained for the Corporation’s key executive officers, as may be amended from time to time (the “Cash Bonus Plan”). Except as provided in Article 6 herein, the Executive will not be eligible to receive an Annual Bonus for a Fiscal Year unless the Executive remains in continuous employment with the Corporation through the date on which the Annual Bonus is paid. Under the current terms of the Cash Bonus Plan, during the first quarter of each Fiscal Year, the Compensation Committee, in consultation with the Board of Directors, shall establish threshold, target and maximum performance goals for such Fiscal Year in accordance with the terms of the Cash Bonus Plan. If the target performance goals for a Fiscal Year are attained then the Annual Bonus for such Fiscal Year shall be not less than 20% of the Executive’s Base Salary for such Fiscal Year and if the maximum performance goals for a fiscal year are attained, the Annual Bonus for such fiscal year shall be equal to 100% of the Executive’s Base Salary for such fiscal year, unless the Compensation Committee (with approval from the Board of Directors) determines extraordinary circumstances justify a larger Annual Bonus. At the conclusion of the Fiscal Year the Compensation Committee will review the Executive’s performance relative to the threshold, target and maximum performanc...
REMUNERATION AND BENEFITS. (a) In return for performing the Services, the Employee will be paid an annual base salary of CAD $146,260.00 (the “Base Salary”), less statutory deductions, which will be paid to the Employee semi-monthly by direct deposit. The Base Salary may be increased subject to performance and/or merit review and, if increased, will thereafter be the Base Salary under this Agreement. Global and the Related Entities will consult on any performance or merit related increases.
(b) The Employee will be entitled to participate in all insurance and other benefit plans or programs in effect for similar employees in accordance with the rules and agreements governing such plans or programs so long as such plans and programs are in effect. Such employee insurance and other benefit plans may be amended, deleted or added to from time to time.
(c) The Employee will be entitled to twenty (20) days’ paid vacation each calendar year. This entitlement will be pro-rated for partial years of service. Vacation is to be scheduled in accordance with business needs and as Global may agree. The Employee may carry forward a maximum of five (5) vacation days to the following year. Any unused vacation entitlement in excess of five (5) days will be forfeited.
(d) Upon submitting appropriate vouchers, bills, receipts or other documents, the Employee will be reimbursed for all reasonable out-of-pocket expenses incurred in the performance of the Services and in accordance with the applicable policies and procedures as amended from time to time.
(e) As it relates to the performance of the Services and regardless of the number of Related Entities to whom the Employee performs the Services, the Employee is not entitled to any payment, benefit, perquisite, allowance or entitlement that is duplicative of those set out in this Agreement.
(f) The Employee agrees that each Related Entity to whom he performs the Services is responsible on a pro-rata basis (i.e. according to the percentage of time that the Employee has devoted to the business and affairs of each Related Entity) for the Base Salary and other compensation owed to the Employee pursuant to this Agreement. This includes any payments owed to the Employee pursuant to Article 6 below.
REMUNERATION AND BENEFITS. (A) Hub shall pay the Executive the Basic Compensation in such payment periods as are established from time to time by Hub for its employees, subject to deduction and remittance to the appropriate governmental authority of all applicable taxes and other amounts.
(B) The Executive shall be entitled to and Hub shall provide the Benefits.
(C) Hub shall reimburse the Executive for reasonable travel and other business expenses incurred by the Executive in performing the Services, in accordance with approved budgets.
(D) The Executive shall be entitled to the Vacation, to be scheduled at the mutual convenience of the parties.
REMUNERATION AND BENEFITS a. The annual base salary (“Annual Base Salary”) payable to the Executive for his services hereunder for each year of the term of this Agreement shall be determined by the CEO upon recommendation by the Compensation Committee and set out in a separate document, subject to the provisions of Section 7, and exclusive of bonuses, benefits and other compensation as provided for herein. The Annual Base Salary payable to the Executive pursuant to the provisions of this section 5 shall be payable in such manner as other payments are made by the Corporation to senior executives or in such other manner as may be mutually agreed upon, less, in any case, all applicable deductions or withholdings as required by law. The Annual Base Salary shall be in accordance with Schedule “A” subject to the provisions of Section 7.
b. The Corporation shall provide the Executive with employee benefits comparable to those provided by the Corporation from time to time to other senior executives of the Corporation. Benefits to be enjoyed by the Executive during the term of this Agreement shall be in accordance with Schedule “B”, as amended from time to time, and shall include reimbursement of any properly incurred expenses as provided for in Section 10 hereof.
c. The Executive will be eligible to participate in the “Long-Term Incentive Program” (LTIP) upon the July 1st immediately following accepting employment with the corporation. The value of the LTIP is determined at the beginning of the LTIP term in relation to the Executive’s on-target-earnings. (OTE = Executive’s annual base salary + variable compensation at target). This value target will be used for the three-year term of the incentive plan.
REMUNERATION AND BENEFITS. (a) The Company will pay the Executive an annual salary of $325,000 (US funds), less required deductions (the “Base Salary”). The Base Salary will be payable semi-monthly.
(b) The Base Salary will be reviewed on an annual basis. This review will not result in a decrease in the Base Salary nor will it necessarily result in an increase to the Base Salary.
(c) The Executive will be eligible for an annual cash bonus of up to 35 percent of the Base Salary, if the Chief Executive Officer and the Board of Directors in their discretion determine that the Executive has achieved the performance objectives agreed to between the Executive and the Chief Executive Officer. Any bonus payable during the first year of the Executive’s employment will be pro-rated.
(d) The Company will facilitate the Executive’s enrolment in the Company’s US insurance benefits plans, as amended from time to time. In all cases, eligibility to participate in the plans and to receive benefits under the plans will be subject to the terms and requirements of the plans themselves and/or the insurance provider. The Company is not responsible for the payment of benefits in any circumstance. Further, the Company reserves the right to change any of the insurance benefit plans or providers, however, if the Company is unable to maintain similar coverage as to the insurance benefits plans or the providers, then the Executive will be provided with compensation to assist in securing his own coverage, such compensation to be determined by the Company.
(e) The Executive will be eligible for participation in the Company’s share incentive plan, subject to the terms of the plan.
(f) The Company will reimburse the Executive for all reasonable expenses actually and properly incurred by the Executive in connection with the performance of his duties. The Executive will provide the Company with receipts supporting his claims for reimbursement.
