Discretionary bonuses: Employer properly exercised discretion in making bonus payments
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Commerzbank AG v Keen [2007] IRLR 132 CA (0 other reports)
In Commerzbank AG v Keen [2007] IRLR 132 CA the Court of Appeal held that an employer did not act in breach of the implied terms of a contract of employment in awarding to a highly paid employee lower bonuses than those recommended by his manager. Further, the terms of employment contracts are not covered by the provisions of the Unfair Contract Terms Act 1977.
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