Telstra 2016 Annual Report Download - page 75
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Telstra Corporation Limited and controlled entities | 73
Senior Executive Refers to the CEO and those executives who are KMP with authority and responsibility for planning,
directing and controlling the activities of the company and Group, directly or indirectly.
Service Agreement A Senior Executive’s contract of employment.
SSU Structural Separation Undertaking
STI Short Term Incentive
STI Deferral plan Senior Executives are provided with a percentage of their actual STI payment in the form of
Restricted Shares.
Straight-line Vesting Describes the vesting calculation between target and stretch of an LTI plan, where the payout between
two levels is based on equal increments determined by performance.
Total Income Total Telstra income excluding pro t/loss on land and building disposals.
Total Remuneration The sum of all the xed and variable components of remuneration as detailed in table 5.1 for Senior
Executives, and all the remuneration components as detailed in table 5.5 for non-executive Directors.
Remuneration Report | Telstra Annual Report 2016