Report & Accounts - JLT

Remuneration ReportRemuneration Report36Other share schemesApart from the LTIP 2004, the Group operates variousother share option and incentive schemes for employeesbased in the UK and certain overseas jurisdictions.The Sharesave schemes have a three or five year vestingperiod and options are subject to a maximum discount of20% to the market value at the date of award.The schemes operate in the UK and certain overseasjurisdictions and are open to all employees (includingexecutive directors) in those jurisdictions.In the UK the Group operates All Employee Share Plans(open to all employees including executive directors) underthe rules established by the Finance Act 2000.Discretionary grants of market value share options aremade to employees (excluding executive directors) underthe executive share option scheme which has a three yearvesting period.The Performance Share Plan 2004 is generally used as amechanism for the delivery of deferred bonus paymentsand incentive plans for senior executives within the Group(excluding executive directors). The awards consist ofoptions to purchase shares in the Company, normally for anil consideration, and are exercisable up to ten years fromdate of grant subject to their vesting periods andperformance conditions (which may vary in respect ofparticular awards).The Jardine Lloyd Thompson Restricted Share Schemewas used as the vehicle for a number of plans, includingthe Long Term Incentive Plan, in which the executivedirectors have existing awards. However, this scheme is inrun off and no new awards have been made under thisscheme since September 2003.Jardine Lloyd Thompson Group plc Annual Report & Accounts 2005Remuneration*The table below analyses the salary, benefits and bonus elements of remuneration for the directors who held officeduring the year ended 31st December 2005.Performance Pension Pensionrelated Other Total Total allowance allowanceSalary bonus benefits 2005 2004 2005 2004Director Notes £’000 £’000 £’000 £’000 £’000 £’000 £’000K A Carter 600 450 16 1,066 291 - -D J Burke 2,9,10 362 521 16 899 - 73 -C Chouraqui 7 12 - - 12 35 - -A D J B Collins 9 350 282 46 678 532 - -M P Hammond 4 321 250 15 586 - - -J P Hastings-Bass 250 200 57 507 412 - -A J Hobson 5 26 - - 26 45 - -G M T Howe 1 47 - - 47 47 - -C A Keljik 6 6 - - 6 - - -S L Keswick 35 - - 35 35 - -C G R Leach 40 - 7 47 46 - -E J Lloyd 7 100 50 20 170 416 - -N R MacAndrew 8 23 - - 23 - - -R A Scott 35 - - 35 35 - -T R Sermon 7 13 - - 13 40 - -G W Stuart-Clarke 2 275 230 29 534 438 55 50V Y A C Wade 275 250 23 548 350 - -Total 2,770 2,233 229 5,232 2,722 128 50*This table has been audited by PricewaterhouseCoopers LLP.#The 2004 comparatives exclude the emoluments of a former director who did not hold office in 2005.This totalled £1,197,000 of which £91,000 was pension allowance.# #