Examples of Risk Takers in a sentence
Awards granted to Material Risk Takers (“MRTs”) are subject to a six or twelve month holding period (“Holding Period”) during which the shares cannot be sold, charged, pledged, mortgaged or otherwise encumbered.
In order to ensure that the Remuneration parameters of Risk Takers in Control Units and the business units they monitor are not predominantly synchronized, the performance criteria and the weighting is different.
Meetings were held amongst the departments of Compliance, Human Resources and Risk Management for the purpose of conducting an analysis of the personnel that falls under the definition of Material Risk Takers (“MRTs”), prior of presenting the final list to the Risk and Remuneration Committees.
Clawback provisions will apply only to awards made to individuals classified as Material Risk Takers at the time of award.
The parameters and indicators which a Risk Takers I can affect to a limited extent include, among other things, extraordinary costs and revenue (e.g. one-off transactions).