Malus definition

Malus means the reduction of elements of an individual’s remuneration in accordance with rule 4 as the Committee considers appropriate;

Malus means the reduction or forfeiture of an Award prior to its Vesting in accordance with Rule 13 (Malus and Clawback) in such manner and for such amounts as the Committee determines to be appropriate;

Malus means the discretion conferred on the Compensation Committee to decide that the Vesting of an Award granted under this Plan or any other benefit conferred under this Plan or any other incentive plan is to be reduced, cancelled or subject to further conditions in the manner provided for in Rule 8;

Examples of Malus in a sentence

• This standard applies to apples of varieties (cultivars) grown from Malus domestica Borkh., to be supplied fresh to the consumer, apples for industrial processing being excluded.

• Between 70% and 100% 25%Between 101% and 125% 55%Between 126% and 150% 90%Between 151% and 175% 120%Between 176 and 200 150%Over 200% Cover to be reviewedNote:1 High Claim loading (Malus) will be applicable to the Premium at renewal of the Policy depending on the incurred claims Ratio for the entire Group Insured.2 Incurred claim would mean claims paid plus claims outstanding in respect of the entire group insured under the policy during the relevant period.

• Polarisation by reflection, Brewster’s law, Double refraction, Positive and negative crystal , Nieol Prism, Law of Malus, Elliptical and Circular Polarisation, Quarter and half wave Plates, Production of Polarised light, analysis of light.

• Malus and clawback provisions apply to both the cash bonus and the LTI if, in the opinion of the Board of Directors, a malus or clawback event has occurred.

• Nevertheless, in a variety of fruits, such as apples (Malus domestica), pears (Pyrus communis), grapes (Vitis vinifera), mangos (Mangifera indica) and melons (Cucumis melon), a periderm, in the form of russeted areas or reticulation, is formed as a response to skin failure (6, 30, 69, 83, 166) (Figure 3i,j).

More Definitions of Malus

Malus means an optional surcharge to the infrastructure access charges to be paid by railway undertakings for each noisy train.

Malus means the reduction and/or cancellation of unpaid, unvested or unsettled Incentive Remuneration when a Trigger Event is discovered, and the Board seeks to fulfill its fiduciary duty to shareholders by invoking its discretion to reduce and/or cancel the Incentive Remuneration;

Malus means arrangement that permits the AIFM to prevent vesting of all or part of the amount of a deferred remuneration award in relation to risk outcomes or performances of the AIFM as a whole, the business unit, the AIF and, where possible the staff member. Malus is a form of ex-post risk adjustment.

Malus means the reduction of Storage Customer’s payment obligation to pay the full Storage fee, in case the firm Storage Capacities contracted by the Storage Customer are restricted or suspended as further specified in § 13 (3) and (4).

Malus means the reduction and/or cancellation of unpaid, unvested or unsettled Remuneration benefits when a Trigger Event is discovered, and the Board seeks to fulfill its fiduciary duty to shareholders by invoking its discretion to reduce and/or cancel the benefits. “Clawback” means the recovery of settled and or paid remuneration benefits after a Trigger Event being discovered, and the Board seeks to fulfill its fiduciary duty to shareholders by invoking its discretion to recover settled or paid benefits.

Malus means the reduction, (in part or in full) of a Participant’s Award due to the discovery of a Trigger Event before the Vesting Date;

Malus means a contractual clause under which an employee agrees that a credit institution is not obliged to pay out or vest a part of the deferred unpaid variable remuneration or the whole of the deferred unpaid variable remuneration if risk outcomes lead to a downturn in performance or subdued financial performance.