DETAILED ACCOUNT OF VARIOUS SCHEMES. 
33 
“ The nominal amount of the Partnership Certificates to be distributed 
amongst all the persons specified in this sub-clause (herein called 1 the 
Management Class ’) shall not exceed in the whole one-fourth of the total 
nominal amount of the Partnership Certificates for the time being 
authorised to be issued. 
“ (c.) The Salesman Glass.—An employee who is a Manager of a Selling 
Branch, a Head Traveller, Head Salesman, Assistant Traveller, Assistant 
Salesman, Advertising Manager, Head Inspector, or Superintendent of 
the ‘ door to door ’ selling, demonstrating, or other like advertising force, 
may receive Partnership Certificates for a nominal amount determined 
by the scale and within the limits of the following Table: — 
Maximum 
Nominal Amount 
Table II. of Partnership 
Certificates. 
£ 
Where annual salary is £750 or upwards ... ... 3,000 
Where annual salary is less than £750 and not less 
than £500 2,000 
Where annual salary is less than £500 and not less 
than £300 1,200 
Where annual salary is less than £300 and not less 
than £200 ... ... ... ... ... 800 
Where annual salary is less than £200 and not less 
than £100 400 
Where annual salary is less than £100 ... ... 200 
“ The nominal amount of the Partnership Certificates to be distributed 
amongst all the employees specified in this sub-clause (herein called ‘ the 
Salesman Class’) shall not exceed in the whole one-fourth of the total 
nominal amount of the Partnership Certificates for the time being 
authorised to be issued. 
“ (d.) The Staff Glass.—Any employee, being a member of the Staff and 
not included under any of the foregoing Classes, may receive Partnership 
Certificates for a nominal amount determined by the Scale and subject 
to the limits of the following Table: — 
Table III. 
Where annual salary is £200 or upwards 
Where annual salary is less than £200 and not less 
than £100 
Where annual salary is less than £100 
Maximum. 
Nominal Amount 
of Partnership 
Certificates. 
£ 
800 
400 . 
200 
“ The nominal amount of the Partnership Certificates to be distributed 
amongst all the employees specified in this sub-clause (herein called the 
Staff Class ’) shall not exceed in the whole one-fourth of the total nominal 
amount of the Partnership Certificates for the time being authorised to be 
issued. Provided that the Holder of the Majority Shares of the Company 
shall, if he so think fit, be entitled to cause Partnership Certificates to 
be issued to any of the persons specified in this Clause in excess of the 
■maximum nominal amounts above set forth. 
“ No person shall be qualified for the time being to receive Partnership 
Certificates under more than one Class. 
“8. A director or employee may only receive Partnership Certificates, 
if and so far as the Trustees shall be in a position to issue same to him, 
having regard to the limits of the total nominal amount of Partnership 
Certificates wdiich may be issued under the Scheme, and to the limits 
imposed by the last preceding clause as to the maximum nominal amount 
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