Group Remuneration Committee definition

Group Remuneration Committee or “Remuneration Committee” means the Remuneration Committee of the board of directors of the Company or any other duly authorised committee or other body of persons to whom the Group Remuneration Committee delegates some or all of its functions or, where a discretion is to be exercised
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Group Remuneration Committee means the committee of directors of the Company or of Companies within the Group which considers and determines the remuneration payable to executives employed by companies within the group;
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Group Remuneration Committee means the Remuneration Committee of the board of directors of the Company or any other duly authorised committee or other body of persons to whom the Group Remuneration Committee delegates some or all of its functions or, where a discretion is to be exercised under rule 10, those people who were the Group Remuneration Committee immediately before the event by virtue of which that rule applies or will apply;
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Examples of Group Remuneration Committee in a sentence

  • Should the Executive not fully meet all the targets set in terms of the key performance indicators as agreed, he shall be entitled to such lesser bonus as determined by the Group Remuneration Committee.

  • If such an inconsistency arises, the Group Remuneration Committee (“RemCo”), acting reasonably and in good faith, may adjust the terms of any Award or may discontinue payment of the Award.

  • The RBS Group Remuneration Committee (“the Committee”) may review unpaid installments of the Cash Buyout in the light of the performance of the Company, any member of the Company’s group and any business area or team, and your conduct, capability or performance.

  • Executive shall be entitled to such increases in Executive’s Base Salary as may be determined from time to time in the sole discretion of the RBS Group Remuneration Committee.

  • Executive shall be entitled to such increases in Executive’s Pension Amount as reflect any increases to Executive’s Base Salary as may be determined from time to time in the sole discretion of the RBSG Group Remuneration Committee.

  • Specifically, the Group has complied with the provisions of the Combined Code throughout financial year 2005/2006 except in relation to membership of the Group Remuneration Committee.


More Definitions of Group Remuneration Committee

Group Remuneration Committee. : means the Group's remuneration committee.
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Group Remuneration Committee. : means the committee set up at Group level. This Committee is composed of members who do not exercise executive functions within the Company or the Group and of whom at least the majority of the members are Group and of which at least the majority of the members are independent. Its Chairman is non-executive and independent.
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