129
[general form for profit-sharing scheme :
CASH BONUS.
(9.) Proviso in Event of Damage.—If an employee ceases to be in the
service of the firm by reason of any wilful act or default on his part
causing loss or damage to the firm, or is at the time indebted to the firm,
his bonus shall be applied to making good such loss or damage or to
payment of such debt.
(10.) Partnership not conferred.—The employees or any of them will
have neither the rights nor liabilities of partnership; nor are they to
intermeddle or be concerned in the management or the accounts of the
business.
(11.) Alteration of Pules.—Alterations or modifications of these rules,
which experience may suggest as desirable, may from time to time be
made by the firm; but such changes, unless made during some month
of January, are not to take effect until the end of the financial year
current at the time they are made.
(12.) Definitions.—In these rules, words importing the masculine gender
include also females:
“ Firm ” includes the present members of the firm, as also any person
or persons succeeding to the business;
“ Business ” means the business of the firm, whatever changes may
take place in the nature or branches of such business or places where
the same is carried on;
“ Financial year ” means the year from the 1st of January to the 1st
of January;
“ Scheme ” includes all relations between the firm and employees under
these rules.
Dated this day of 1890.
(Signed)
[Form of Request under Rule 4.]
To Messrs.
-18 .
I beg to request you to place my name on the list of profit-sharers,
and I hereby agree to accept tho rules for the time being of the profit-
sharing scheme.
(Signed)
Name (in full)
Address (in full) —
This form should be handed to the firm on or before February 1st.
[Form of Accountant’s Certificate, Rule 3.]
18 .
I have examined the Balance-Sheet and Profit and Loss Account of
Messrs. for the year ending 31st December,
1890, and also the Wages Inst for January, 1890, and certify that under
the rules of the “ Profit-sharing Scheme,” the bonus permits of a dis
tribution of weeks’ wages for each participant, and that there
remains an undivided balance equivalent to about days’ wages to be
carried forward to the credit of the Employees’ Bonus Fund of next
year.
24548
Chartered Accountant.
I