Variable Remuneration means the portion of Remuneration, which is not Fixed Remuneration, i.e. the awarding or amount of which is at the Group’s discretion or is dependent on the occurrence of agreed conditions and shall include discretionary pension benefits.
Variable Remuneration means the portion of Remuneration, the awarding or amount of which is at the Company’s discretion or is dependent on the occurrence of agreed conditions and shall include discretionary contributions to pension schemes.
Variable Remuneration means all the components of a Risk Taker’s remuneration not classified as fixed remuneration;
Examples of Variable Remuneration in a sentence
In light of this, there should not be a significant dependency on Variable Remuneration.
The criteria for determining the Variable Remuneration shall be consistent with the objective of long-term sustainable performance.
Prior to vesting, there is only an entitlement to an accurate determination of the respective part of the Variable Remuneration.
The Variable Remuneration is aligned with the rules of the Policy and is not guaranteed.
The Variable Remuneration must not limit the Company’s ability to sustainably maintain or recover an appropriate capital base.
More Definitions of Variable Remuneration
Variable Remuneration means all non regular remunerations paid by the employer to the employee, including allowances, complementary bonuses and commissions, as well as tips not controllable by the employer;
Variable Remuneration has the meaning given to it in Article 4.2 (Variable Remuneration). "Variable Remuneration Payment Date" means 30 June of each year to fall after the publication of the Borrower's audited consolidated financial statements for the preceding financial year, up to (and including) the first of those dates to fall after the publication of the Borrower's audited consolidated financial statements for the year ended 31 December 2037. "Voluntary Non EIB Prepayment" means a voluntary prepayment by any Group Company (for the avoidance of doubt, prepayment shall include a repurchase, redemption or cancellation where applicable) of a part or the whole of any Non-EIB Financing where: (a) such prepayment is not made within a revolving credit facility (save for the cancellation of the revolving credit facility); or (b) such prepayment is not made out of the proceeds of a loan or other indebtedness having a term at least equal to the unexpired term of the Non-EIB Financing prepaid.
Variable Remuneration means Remuneration, the amount or size of which is not determined in advance.
Variable Remuneration means any remuneration paid to an Employee that is not Fixed Remuneration.
Variable Remuneration means the average of the STI + the stock options offered and accepted for that year calculated according to the Black & Scholes method.
Variable Remuneration means the portion of Remuneration, the awarding or amount of which is at the Company’s discretion or
Variable Remuneration. The parties will agree on a plan for variable remuneration on or before February 1, 2001 that is reasonably consistent with plans utilized for employees of the Corporation's parent company with similar positions or responsibilities. On the date of this Agreement, Employee will be granted 30,000 stock options under the Stock Option Plan of EXFO Electro-Optical Engineering Inc.