Market Compensation definition
Examples of Market Compensation in a sentence
You cannot claim compensation from the Capital Market Compensation Fund under the Capital Markets & Services Act, 2007 for any losses that you suffer as a result of any wrongdoing or fraud or misuse of moneys by the directors, officers, employees or representatives of the Bank.
You will also be required to enter into a customary agreement memorializing your Back to Market arrangements, including but not limited to repayment obligations for the guaranteed bonuses earned as Back to Market Compensation and restrictive covenants for consultants.
To the extent the effective date of your agreed-upon Back to Market is not January 1, your MIP compensation under Section 5 above, and your Back to Market Compensation under this Section 13, for that fiscal year will be prorated according to such effective date.
For this purpose: "Management" means full-time employees, full-time officers or members of the board of Grupo who hold executive positions of Grupo; and "Market Compensation" means compensation that is within the normal range of compensation for similar executives in the Country.
The following formula defines the token issuance: Tokens = (AR x FMS – WD + I) where AR is the availability rate, FMS is the fair market compensation of the individual, WD is withdrawals, I investments Fair Market Compensation Annual pre-tax fair market compensations are negotiated by the Shareholders among each other (or between the Shareholder and the Contributor) and memorialized in a blockchain-based smart contract.
For the avoidance of doubt, any severance benefits payable to you under the Severance Plans shall not be based on or adjusted by and shall not factor in any Back to Market Compensation.