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This excerpt taken from the ELN 6-K filed Mar 30, 2009. Annual
Cash Incentive Bonus
We operate a cash bonus plan to which all employees, including
executive directors, are eligible to participate if and when we
achieve our strategic and operating goals. Bonuses are not
pensionable. The cash bonus plan operates on a calendar year
basis. We measure our performance against a broad series of
financial, operational and scientific objectives and
measurements and set annual metrics relating to them. A bonus
target, expressed as a percentage of basic salary, is set for
all employees. Payment will be made based on a combination of
individual, team, group and company performance. In January
2009, after the LDCC determined the Company’s bonus and
equity pools for 2008, Mr. Martin requested that the board
should not grant him either a cash bonus or equity in respect of
the Company’s performance for 2008. Notwithstanding the
board’s very positive assessment of Mr. Martin’s
performance for the year, it agreed to this request. As a result
the approved bonus and equity pools were allocated only to other
employees of the Company.
This excerpt taken from the ELN 20-F filed Feb 26, 2009. Annual
Cash Incentive Bonus
We operate a cash bonus plan to which all employees, including
executive directors, are eligible to participate if and when we
achieve our strategic and operating goals. Bonuses are not
pensionable. The cash bonus plan operates on a calendar year
basis. We measure our performance against a broad series of
financial, operational and scientific objectives and
measurements and set annual metrics relating to them. A bonus
target, expressed as a percentage of basic salary, is set for
all employees. Payment will be made based on a combination of
individual, team, group and company performance. In January
2009, after the LDCC determined the Company’s bonus and
equity pools for 2008, Mr. Martin requested that the board
should not grant him either a cash bonus or equity in respect of
the Company’s performance for 2008. Notwithstanding the
board’s very positive assessment of Mr. Martin’s
performance for the year, it agreed to this request. As a result
the approved bonus and equity pools were allocated only to other
employees of the Company.
This excerpt taken from the ELN 6-K filed Mar 31, 2008. Annual
Cash Incentive Bonus
Annual cash incentive bonuses, which are not pensionable, are
paid to executive directors based on the recommendation of the
committee. Bonus determination is not based on specific
financial or operational targets, but on individual and company
performance.
This excerpt taken from the ELN 20-F filed Feb 28, 2008. Annual
Cash Incentive Bonus
Annual cash incentive bonuses, which are not pensionable, are
paid to executive directors based on the recommendation of the
committee. Bonus determination is not based on specific
financial or operational targets, but on individual and company
performance.
This excerpt taken from the ELN 6-K filed Mar 30, 2007. Annual
Cash Incentive Bonus
An annual cash incentive bonus, which is not pensionable, is
paid to executive directors based on the recommendation of the
committee. Bonus determination is not based on specific
financial or operational targets, but on individual and company
performance.
This excerpt taken from the ELN 20-F filed Feb 28, 2007. Annual
Cash Incentive Bonus
An annual cash incentive bonus, which is not pensionable, is
paid to executive directors based on the recommendation of the
committee. Bonus determination is not based on specific
financial or operational targets, but on individual and company
performance.
This excerpt taken from the ELN 6-K filed Mar 31, 2006. Annual Cash Incentive Bonus
An annual cash incentive bonus, which is not pensionable, is
paid on the recommendation of the committee to executive
directors. Bonus determination is not based on specific
financial or operational targets, but on individual and company
performance.
This excerpt taken from the ELN 20-F filed Mar 30, 2006. Annual
Cash Incentive Bonus
An annual cash incentive bonus, which is not pensionable, is
paid on the recommendation of the committee to executive
directors. Bonus determination is not based on specific
financial or operational targets, but on individual and company
performance.
This excerpt taken from the ELN 6-K filed Apr 11, 2005. Annual Cash Incentive Bonus An annual cash incentive bonus, which is not pensionable, is paid on the recommendation of the committee to executive directors. Bonus determination is not based on specific financial or operational targets, but on individual and company performance. | EXCERPTS ON THIS PAGE:
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