Employee Scheme definition

Employee Scheme means any share related employmentincentive scheme or management incentive scheme if the aggregate amount outstanding under such schemes (including the employment or management incentive scheme in question) does not exceed five (5.00) per cent. of the outstanding share capital of the Company;
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Employee Scheme means any share related employment
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Employee Scheme means an employee benefit scheme to be established by the Company for the purpose of offering participation in that scheme to employees of the Company and to employees of the Company's subsidiaries;
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Examples of Employee Scheme in a sentence

  • Contribution to Life Insurance Corporation of India in respect of Employer Employee Scheme is at 15% of Salaries payable at the time of commencement of the scheme.

  • As part of our wellbeing strategy, the council’s One Card Employee Scheme offers access to the council’s leisure and fitness facilities at Medina Leisure Centre, The Heights Leisure Centre and Westridge Tone Zone and squash courts at a reduced rate.

  • The Cabinet noted that the Leader will approve changes proposed to any of the executive delegations as set out in full in the Employee Scheme of Delegations.

  • This is particularly a problem for the large amount of donor funding which is off budget.

  • Without prejudice to condition 16.12, the Employee Scheme shall be aligned with the incentive policy referred to in condition 16.1.

  • Major terms of the Employee Scheme Subscription Agreement are set out below.

  • When formulating the Employee Scheme, the licence holder shall have regard in particular to the considerations described in condition 16.5.

  • The actual expenditure incurred by the company on premium paid under the Employer and Employee Scheme of LIC of India or any employment benefit scheme/superannuation fund scheme/annuity fund scheme framed by an approved Insurance Company in India.

  • Special Resolution number 16, to authorise the Company to provide financial assistance in the form of a capital contribution not exceeding R100 600 per Inzalo Employee Scheme Participant who is an employee of Sasol at the relevant date, who will obtain vested rights in SOL Shares, to the Sasol Khanyisa ESOP Trust, to enable the trustees to subscribe for up to a maximum of 4 902 286 SOL Shares, was approved.

  • That the Licensing and Safety Committee recommends that the Monitoring Officer, who has delegated authority to make minor changes to the Constitution, amends the Employee Scheme of Delegation accordingly.


More Definitions of Employee Scheme

Employee Scheme means a scheme for encouraging or facilitating the holding of Company Securities by or for the benefit of:
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Employee Scheme means a Broad-Based Ownership Scheme in which a group of employees representing more than 90% of the employees of an Enterprise or 90% of the employees in a particular occupational category(ies) (as referred to in form EEA9 the Employment Equity Act) within an Enterprise. Employee Schemes may have the characteristics of Benefits Schemes or Distribution Schemes or hybrids of both;
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Related to Employee Scheme

  • Employee Share Scheme means a scheme established by a company, whether by means of a trust or otherwise, for the purpose of offering 10 participation therein solely to employees and officers of the company or a subsidiary of the company, either—

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Company Employee means any current or former employee, independent contractor or director of the Company or any Company Affiliate.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Company Employee Agreement means any management, employment, severance, change in control, transaction bonus, consulting, repatriation or expatriation agreement or other contract between any Group Company and any current or former employee, director or officer of such Group Company.

  • Service employee, means any person engaged in the performance of this contract other than any person employed in a bona fide executive, administrative, or professional capacity, as these terms are defined in Part 541 of Title 29, Code of Federal Regulations, as revised. It includes all such persons regardless of any contractual relationship that may be alleged to exist between a Contractor or subcontractor and such persons.

  • self-employment route means assistance in pursuing self-employed earner’s employment whilst participating in—

  • Former Employees means Former Parent Group Employees and Former SpinCo Group Employees.

  • Active Employment means you must be actively at work for the Sponsor:

  • Management Employee means an employee in a position having significant responsibilities for formulating district policies or administering district programs. Management positions shall be designated by the public school employer subject to review by the Public Employment Relations Board.

  • Employee Stock Purchase Plan means a plan that grants Purchase Rights intended to be options issued under an “employee stock purchase plan,” as that term is defined in Section 423(b) of the Code.

  • Retained Employees has the meaning set forth in Section 6.6(a).

  • Separated employees means persons who separate from

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • New employee means a Full-Time Employee first employed by the Company in the Project and who is hired on or after the Effective Date of this Agreement.

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Prospective employee means an assessed individual who is anticipated to be hired upon completion of training.

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Business Employee means any employee who is employed by Seller, the Company or any of their respective Affiliates (regardless of whether such employee is inactive due to illness, disability, workers’ compensation or other approved leaves of absence) whose services are primarily related to the Business.

  • Current Employees has the meaning set forth in Section 5.6(a).

  • Public employee means an individual holding a position by appointment or employment in the government of this state, in the government of 1 or more of the political subdivisions of this state, in the public school service, in a public or special district, in the service of an authority, commission, or board, or in any other branch of the public service, subject to the following exceptions:

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Designated Employees means a person occupying any of the following position in the Company: