Examples of Material Risk Taker in a sentence
Any employee who is designated as a Material Risk Taker under any relevant regulatory regime understands and accepts that any deferred compensation provided pursuant to this Agreement or other deferred compensation plan may be subject to the applicable malus and clawback provisions under the applicable regulatory regime.
Any event that constitutes Cause [(including, for the avoidance of doubt, “Serious Misconduct” as defined in the Material Risk Taker Appendix)] has occurred before the applicable Delivery Date for RSUs or the applicable Transferability Date for Shares at Risk.
Additionally, Executive's role has been identified as a Material Risk Taker (“MRT”) under the European Banking Authority ("EBA") rules and, therefore, will be subject to the EBA rules so long as they shall apply.
All other terms of this Award Agreement, including the forfeiture and repayment events in Paragraphs 9 and 10 [and the U.K. Material Risk Taker Appendix], continue to apply.
Any event that constitutes Cause [(including, for the avoidance of doubt, “Serious Misconduct” as defined in the U.K. Material Risk Taker Appendix)] has occurred before the [applicable] Settlement Date.
An Approved Person is an employee whose appointment would require prior regulatory approval because of the significance of the role within the Bank; and an employee is considered a Material Risk Taker if they head up significant business lines, and any individuals within their control have a material impact on the Bank's risk profile.
All compensation matters, and overall compliance with regulatory requirements, are overseen by the Nomination and Remuneration Committee of the Board (NRC).The Bank’s remuneration policy, in particular, considers the role of each employee; and has set guidance depending on whether an employee is a Material Risk Taker and/or an Approved Person in business line, control or support functions.
All other terms of this Award Agreement, including the forfeiture and repayment events in Paragraphs 9 and 10 [and the Material Risk Taker Appendix], continue to apply.
Also the pay-out of deferred 2015-2017 variable compensation to Material Risk Taker and the performance and allocation of the variable compensation 2018 for MRT were discussed and approved.
Any event that constitutes Cause [(including, for the avoidance of doubt, “Serious Misconduct” as defined in the Material Risk Taker Appendix)] has occurred before the applicable Delivery Date [for RSUs or the applicable Transferability Date for Shares at Risk].