Common Contracts
2 similar Deed of Variation contracts by Lloyds Bank PLC, Lloyds Banking Group PLC
A)The Employer and the Executive entered into a Service Agreement dated 15 March 2019 (the “Agreement”).Deed of Variation • March 11th, 2021 • Lloyds Bank PLC • Commercial banks, nec • England and Wales
(B)Under clause 4.1 of the Agreement the Employer is obliged to pay a contribution of 25% (“the Original Rate”) of the Executive’s annual salary either into the Employer’s Your Tomorrow Pension Scheme (“the Scheme”) for the benefit of the Executive (“the Pension Contribution”), or, if the Executive has chosen to opt out of the Scheme or cap pension contributions to the Scheme, as a non-pensionable cash supplement (“the Pension Supplement”) to the Executive.
A)The Employer and the Executive entered into a Service Agreement dated 15 March 2019 (the “Agreement”).Deed of Variation • February 26th, 2021 • Lloyds Banking Group PLC • Commercial banks, nec • England and Wales
(B)Under clause 4.1 of the Agreement the Employer is obliged to pay a contribution of 25% (“the Original Rate”) of the Executive’s annual salary either into the Employer’s Your Tomorrow Pension Scheme (“the Scheme”) for the benefit of the Executive (“the Pension Contribution”), or, if the Executive has chosen to opt out of the Scheme or cap pension contributions to the Scheme, as a non-pensionable cash supplement (“the Pension Supplement”) to the Executive.
