Common use of Short Term Incentive Clause in Contracts

Short Term Incentive. a) The Executive will be eligible to a discretionary STI), the details are as per Item 6 of the Schedule. b) In exercising its discretion pursuant to clause 10.2(a), the Board will take into account the Executive’s performance in relation to key performance indicators established annually in consultation with the Executive and the Company’s performance. The decision of the Board as to whether, and the extent to which, key performance indicators have been met by the Executive is final and conclusive. c) The Executive will be eligible to receive the STI benefit under this clause and Item 6 of the Schedule in relation to any performance year if, and only if, they are in the employ of the Company for that entire year and have not, prior to the expiry of that year, given or been given notice of termination of your employment. However, should the Executive’s employment cease under clause 26.2 or 26.3 within a performance year, the Executive will be considered for an incentive under this clause on a pro-rata basis for that performance year.

Short Term Incentive. a) The Executive will be eligible to a discretionary STI), the details are as per Item 6 of the Schedule. b) In exercising its discretion pursuant to clause 10.2(a), the Board will take into account the Executive’s performance in relation to key performance indicators established annually in consultation with the Executive and the Company’s performance. The decision of the Board as to whether, and the extent to which, key performance indicators have been met by the Executive is final and conclusive. c) The Executive will be eligible to receive the STI benefit under this clause and Item 6 of the Schedule in relation to any performance year if, and only if, they are in the employ of the Company for that entire year and have not, prior to the expiry of that year, given or been given notice of termination of your employment. However, should the Executive’s employment cease under clause 26.2 or 26.3 within a performance year, the Executive will be considered for an incentive under this clause on a pro-rata basis for that performance year.

Short Term Incentive. a) The Executive will be eligible to a discretionary STI), the details are as per Item 6 of the Schedule. b) In exercising its discretion pursuant to clause 10.2(a), the Board will take into account the Executive’s 's performance in relation to key performance indicators established annually in consultation with the Executive and the Company’s performance. The decision of the Board as to whether, and the extent to which, key performance indicators have been met by the Executive is final and conclusive. c) The Executive will be eligible to receive the STI benefit under this clause and Item 6 of the Schedule in relation to any performance year if, and only if, they are in the employ of the Company for that entire year and have not, prior to the expiry of that year, given or been given notice of termination of your employment. However, should the Executive’s employment cease under clause 26.2 or 26.3 within a performance year, the Executive will be considered for an incentive under this clause on a pro-rata basis for that performance year.