Remuneration Review Clause Samples

Remuneration Review. Your compensation is subject to compensation restraint legislation, including Part IV.1 of the Broader Public Sector Accountability Act, 2010, SO 2010, c 25 and the Broader Public Sector Executive Compensation Act, 2014, SO 2014, c 13, Sch 1, and related regulations, as amended from time to time (collectively, “Compensation Restraint Laws”). Your compensation may be reviewed during the term of your Appointment, subject to the approval of the Board of Governors and to the extent permitted under Compensation Restraint Laws. If Compensation Restraint Laws are amended during the Appointment, in a way that impacts your then-current compensation, the terms of this Agreement will be reviewed. The University reserves the right to make corresponding amendments to ensure that your compensation package conforms to applicable law and, by entering into this Agreement, you agree that such amendments will not constitute a constructive dismissal of your employment. Where appropriate, the University will seek to negotiate mutually-acceptable adjustments with you.

Remuneration Review. The Company will review the Remuneration Package on an annual basis and the Company may alter the Employee’s total Remuneration Package and its components following that review.

Remuneration Review. Each employee’s remuneration will be reviewed annually using the relevant criteria contained in the Annual Salary Review and Annual Promotions Procedures. Employees are entitled to leave on the following basis:

Remuneration Review. The remuneration of the Chief Executive shall be reviewed on the date 12 months from the Commencement Date and every 12 months thereafter.

Remuneration Review. The remuneration of the Executive shall be reviewed on the date 6 months from the Commencement Date and every 6 months thereafter.

Remuneration Review. Your compensation is subject to compensation restraint legislation, including Part IV.1 of the Broader Public Sector Accountability Act, 2010, SO 2010, c 25 and the Broader Public Sector Executive Compensation Act, 2014, SO 2014, c 13, Sch 1, and related regulations, as amended from time to time (collectively, “Compensation Restraint Laws”). Your compensation may be reviewed during the term of your Appointment, subject to the approval of the Board of Governors and to the extent permitted under Compensation Restraint Laws. In the event that Compensation Restraint Laws are substantially amended during the Appointment, the terms of this Agreement will be reviewed and mutually acceptable adjustments, compliant with amended Compensation Restraint Laws, may be negotiated at that time

Remuneration Review. An annual review of the rates of pay specified in clause 5.1.2 shall take place in July each year under this Agreement and the rates may be increased, subject to the employer’s sole discretion and consideration of such factors as Employee performance, the performance of the business, general economic factors and the Employee’s ability and overall value to the business.

Remuneration Review. Your next remuneration review is expected to be during July 2002. Thereafter your Total Remuneration Package will be reviewed [at least] once in each 12 months of your employment on such a basis as the National, in its absolute discretion, may determine. Your Total Remuneration Package will not be reduced as a consequence of a review.

Remuneration Review. The Remuneration Package is subject to annual review with any changes effected on the date in Item 5 of Schedule 1.