Bonuses

Bonuses guidance:

This Precedent is a sample bonus schedule, to be inserted as a schedule to an employment contract or director’s service agreement, providing for entitlement to an annual...

Precedents

Bonuses can be a very effective tool to motivate and retain employees while allowing businesses to control wage costs. In certain sectors and industries (eg the financial...

Practice Note

[TO BE TYPED ON COMPANY HEADED PAPER] [insert date] [insert name of employee] [insert address] Dear [insert name] The [insert name of company] Bonus Scheme I am delighted...

Precedents

1 Bonus—example 1 1.1 You [will OR may, at the sole and absolute discretion of the Employer] be entitled to receive a bonus [each year ][calculated by reference to...

Precedents

1 If, at any time in the [three] years following the payment of a bonus to you, the [Board OR Remuneration Committee] determines in its absolute discretion that any of...

Precedents

Employers frequently grant equity awards and cash bonuses to incentivise key employees. The first part of this Practice Note focuses on key considerations with awards...

Practice Note

Introduction Partnerships of all sizes often struggle to devise a remuneration structure for their partners that is fair, rewards the 'right' behaviours and encourages...

Practice Note

[insert name of company who granted the award pursuant to the long term incentive plan (LTIP)] (Company) [insert name of LTIP] (Plan) NameNumber of Shares by reference to...

Precedents

The use of malus and clawback The concept of withholding or even recovering value from executives if a material adverse event occurs following the award of...

Practice Note

Produced in partnership with Sam Whitaker of Shearman & Sterling LLP This Agreement is made on [date] between the following parties: Parties 1 [name of employer] [Limited...

Precedents
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