a(e) The Board of Directors may remove any Senior Corporate Officer at any time, notwithstanding any employment or service contract between the Company and such Senior Corporate Officer but without prejudice to the Senior Corporate Officer’s compensation for termination (if any). (e) 理事也许去除...
aAlthough executive directors may be removed in the same way as any other director, the company may have to pay damages if the removal is in breach of an executive director’s contract of employment (s 167(5)). 虽然也许去除执行董事,以与其他主任,公司也许必须支付损伤相似的方式,如果撤除在一...
When calculating the effective interest rate, the Group estimates cash flows considering all contractual terms of the financial instrument (for example, prepayment, call and similar options) but does not consider future credit losses. The calculation includes all fees paid or received between parties ...
DIRECTORS' CONTRACTUAL BENEFITS Since the end of the previous financial year, no director has received or become entitled to receive benefits by reason of a contract made by the Bank or a related corporation with the director or with a firm of which he is a member or with a company in ...
Where a provision is expected to be reimbursed, for example under an insurance contract, the reimbursement is recognised as a separate asset only when it is virtually certain that reimbursement will be received. Employee entitlements to annual leave and long-service leave are recognised when they ...
The Board of Directors composition shows a balanced mix of experience with, for example, six members having aerospace industry skills, six having geopolitical skills, nine having finance skills, four having information or data management skills, four having manufacturing and production skills and five ...
, they cannot completely eliminate the liability for a breach of the duty of loyalty, like intentional misconduct or purposely violating the law. Corporate Directors – both as a group and as separate individuals – and Officers can be sued for actions they take during...
For example, say a performer notices when he or she is doing his tax returns that he or she had forgotten to submit a hotel bill to an employer he or she was employed with during the year. If the contract clearly states that all living expenses would be covered (the IRS will review ...
Vanke set several development goals in green building to further promote green building design: for example, the logistics business will reduce the life cycle carbon intensity of buildings through building energy efficiency and renewable energy use to build a zero-carbon intelligent logistics benchmark ...
An example might be the CEO's selection of a college roommate as an "independent" director or the private equity partner's nomination of a CEO when that CEO depends upon the partner for future CEO assignments or Board roles. In other research papers she found evidence to suggest that less ...