Remuneration Model definition

Remuneration Model means the remuneration model provided by the Buyer and initialled for identification purposes by the Buyer and the LLP Sellers’ Representative as at the date of this Agreement;
Sample 1Sample 2

Examples of Remuneration Model in a sentence

  • The Remuneration Model notes both the ‘ordinary’ salary, which is inclusive of annual leave loading and the ‘market equivalent taxable’ salary value excluding packaging and fringe benefit tax for each level/step within each grade.

  • In 2015, the Finance Department and the Internal Audit Department took part in various training programmes, including: Refresher course on Spanish GAAP-IFRS, Certification in Information Security Management (CISM), Tax Accounting: corporate income tax and VAT, Analysis and Measurement of Investment Projects, Risk of Criminal Liability, Remuneration Model, Regulatory Development, among others.

  • The objective of the exercise is to assess competitive pay levels and to enable pay for performance approach driven through the bespoke Variable Remuneration Model, which was approved by the Governance Nomination and Remuneration Committee (GNRC) and by GIB KSA’s Board of Directors.

  • Connect Network will decide after current context has been taken into account, at what percentile of the market rate as outlined in the Connect Network Remuneration Model, employees will be remunerated.

  • Schedule A sets out the Remuneration Model noting both ’ordinary’ and ‘market’ value of salaries.

  • Schedule B sets out the Remuneration Model noting both ‘ordinary’ and ‘market’ value of salaries, from 2 July 2004.

  • Schedule B sets out the Remuneration Model noting both ’ordinary’ and ‘market’ value of salaries.

  • Driveway intersections at County Highways shall conform to the details attached hereto (See Appendix C).

  • Furthermore, any future undetermined remuneration model that modifies, changes or cancels the existing remuneration methodologies approved in current regulation (besides risk relating to the new Remuneration Model defined in Royal Decree 1048/2013) might require a change in the basis of calculation, methodology or drivers for the Distribution Business' remuneration level that could impact on the expected remuneration values and expected performance of the Distribution Business.

  • A voluntary Experimental Remuneration Model (RRE) for GPs involving 500 doctors was also launched in 1998.

Related to Remuneration Model

  • Remuneration means any money or its equivalent given or passed to any person for services rendered by him and includes perquisites as defined under the Income-tax Act, 1961;

  • Remuneration Committee means the remuneration committee of the Company;

  • Remuneration Report means the remuneration report which forms part of the Directors’ Report of the Company for the financial year ended 30 June 2020 and which is set out in the 2020 Annual Report.

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Incentive Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Basic Compensation means Salary and Benefits.

  • Annual income means all amounts, monetary or not, which:

  • Earnable compensation means the full rate of the

  • Target Bonus means Executive’s annual (or annualized, as applicable) target bonus in effect immediately prior to Executive’s Qualifying Termination or, if Executive’s Qualifying Termination occurs during the Change in Control Period and the amount is greater, Executive’s annual (or annualized, if applicable) target bonus in effect immediately prior to the Change in Control.

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • TIP is the Tax Indemnity Payment, before the deduction of applicable federal, state and local withholding taxes;

  • Bonus means the bonus described in the Section 2.3.

  • Density bonus means a floor area ratio bonus over the otherwise maximum allowable density permitted under the applicable zoning ordinance and land use elements of the general plan of a city, including a charter city, city and county, or county of:

  • Annual Salary means the salary given under this Part.

  • Performance Indicator means a measure of HSP performance for which a Performance Target is set; technical specifications of specific Performance Indicators can be found in the MSAA Indicator Technical Specifications document;

  • Salary as defined in Section 3.1(a).

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Requisition Compensation includes all compensation or other moneys payable by reason of any act or event such as is referred to in paragraph (b) of the definition of “Total Loss”;

  • Performance Indicators means the indicators for Project monitoring and evaluation set forth in the Operational Manual.

  • Scope of Services or “Scope of Work” means the work to be performed by the Proposer or Consultant as described in Section 2.0 of this RFP, as amended thereto.

  • Design Criteria Professional means a firm who holds a current certificate of registration under Chapter 481 of the Florida Statutes, to practice architecture or landscape architecture, or a firm who holds a current certificate as a registered engineer under Chapter 471 of the Florida Statutes, to practice engineering, and who is employed by or under contract to the District to provide professional architect services, landscape architect services, or engineering services in connection with the preparation of the Design Criteria Package.

  • Base Pay means the Executive’s annual base salary from the Company at the rate in effect immediately prior to a Change in Control or at the time Notice of Termination is given, whichever is greater. Base Pay includes only regular cash salary (plus the amount of any automobile allowance paid to the Executive or any automobile lease payments made by the Company on behalf of the Executive) and is determined before any reduction for deferrals pursuant to any nonqualified deferred compensation plan or arrangement, qualified cash or deferred arrangement or cafeteria plan.

  • Cash Bonus means an award of a bonus payable in cash pursuant to Section 10 hereof.