RULES OF MESSRS. THOMAS BUSHILL & SONS. 
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such notice, unless given during some month of September, will not 
take effect until the end of the -financial year current at the time it is 
given. 
(6.,l Method, of Distribution.—The employees’ share of profits accruing 
in each financial year is (subject as after mentioned) to be distributed 
among them in proportion to their respective salaries or wages at the 
commencement of such year, taken for one week, exclusive (1) of pre 
miums, overtime, or other variable allowances; or (2) of loss caused by 
short time. As to employees who are piece-workers, such week’s wages 
in the case of each such worker is to be arrived at (exclusively as afore 
said) by averaging the wages earned by him during the last month of 
the preceding financial year. In making any year’s distribution it shall 
be permissible to the firm to carry forward undivided to the credit of 
the following year’s employees’ share of profits any sum -which, if divided, 
would have given to them less than one week’s wages calculated as afore 
said. 
(7.) Employees’ Deserve Fund.—(a.) If in any year the employees’ 
share of profits should exceed such sum as would, if divided, give a bonus 
to them equivalent to six weeks’ wages (that is, six times the amount 
of the one week mentioned in Rule 6), the surplus above such sum 
shall go to form an employees’ reserve fund. 
(6) This fund will remain in the hands of the firm, bearing interest 
at the rate of 4 per cent, per annum, and may be applied, at the discre 
tion of the firm, in aid of a subsequent year’s distribution. 
(c) If any such year’s surplus should not be so applied within five 
years of its transference to the reserve fund, the same, with interest 
thereon, shall, at the end of such five years, be allotted to the provident 
funds of such of the employees as shall then be in the employ of the firm 
(subject as after mentioned) under the title “ Bonus from Reserve.” 
(d.) No employee shall be entitled to benefit by any “ bonus from 
reserve ” who was not a profit-sharer for the year in which the money 
allotted in reserve bonus was earned. 
(e.) The allotment shall be made in proportion to the respective wages 
or salaries of the employees sharing in the allotment (computed in 
accordance with Rule 6) for the year in which the money allotted was 
earned. 
(/.) It shall be permissible to the firm at their discretion to allot a 
“ bonus from reserve ” at an earlier date than provided for in clause (c) 
of this rule. 
(<7.) The accounts of this fund (whenever any monies stand therein) 
will be audited yearly by a chartered accountant, and submitted (con 
fidentially) to the firm’s cashier for the time being. 
(8.) Treatment of Bonus.—The share of the profits accruing to each 
employee (hereinafter called “ Bonus ”) is to be divided into three equal 
parts; one of these will be paid over to him within two months of the 
end of the financial year, and the other two parts will be credited to 
him in the books of the firm as a provident fund for his benefit. There 
will be delivered to him a pass-book in which the account of his provident 
fund will be entered, and which must be produced when any payment 
from it is demanded. 
(9.) Employees Leaving.—Any employee whose service ends by notice 
given on either side, by illness, or by death, will have a right to bonus 
for the financial year in which his service ends in proportion to the 
portion of the year elapsed to the end of the month preceding the end 
of his service. Any employee leaving under circumstances other than 
before mentioned shall lose such right. Any sum lost to an employee 
under this rule does not accrue to the firm, but goes wholly to increase 
the distribution to the other employees. 
(10.) Proviso in event of Damage or Embezzlement.—If an employee 
ceases to be in the service of the firm upon or by reason of any act or 
default on his part causing loss or damage to the firm, or is at the time 
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