Executive Compensation Policy definition
Examples of Executive Compensation Policy in a sentence
Except with respect to the Employee Plans, the Company’s Executive Compensation Policy, and any other agreement specifically referenced herein, this Agreement sets forth the entire agreement between the parties hereto, and fully supersedes any and all prior agreements or understandings between the parties hereto pertaining to the subject matter hereof.
Notwithstanding any other provision of this Agreement, incentive compensation that has been awarded to Executive shall continue to be subject to recoupment pursuant to the terms of the Company’s Executive Compensation Policy.
Unless otherwise noted in your Employment Agreement and/or Executive Compensation Policy Statement, the following rules will apply: • Employees must still be with the company when bonuses are paid to receive the bonus.
Your salary will be payable monthly in arrears on the last day of each month, subject to all statutory deductions and it may be reviewed annually by the Company in accordance with the Group Executive Compensation Policy as agreed by the Company from time to time, although the Company will be under no obligation to increase it.
Notwithstanding any other provision of this Agreement, incentive compensation that has been awarded to Executive shall continue to be subject to recoupment pursuant to the terms of the Company’s Executive Compensation Policy, dated January 27, 2016, as well as the terms of the Executive Officer Incentive-Based Compensation Recovery Policy Acknowledgement and Agreement between the Company and the Executive.
Upon termination from employment with Company, Employee may be eligible for a severance payment in accordance with the terms and conditions of the Executive Compensation Policy dated August 26, 2019 (“Severance Policy”), and any amendments thereto.