REDACTED 2 - IC Petrojam Investigation - Recruitment and Parties October 18, 2019 final

Page 138 of 486 Petrojam Limited Integrity Commission October 2019 Total Monthly Compensation - $1,081,423.00 In addition to the abovementioned compensation received by Mrs. Ramharrack upon her employment to Petrojam Limited, the DI observed that other benefits were also granted to her. Based upon the terms of her employment contract as well as the contents of her personnel files she received a savings plan, medical insurance, group life insurance plan, pension plan, rebate on products produced by the company, gasoline, subsidized meals from the canteen, a motor vehicle loan and productivity incentives . Of note, all benefits are offered to Petrojam Limited employees upon the successful completion of their probation period. As it regards productivity incentives, the Productivity Incentive Policy of Petrojam Limited, which was made effective October 2006, defines such an incentive as: “…a taxable cash award to employees who have participated in the Company’s achievement of its budgeted profit target. There is no incentive when the profit threshold (75% of budgeted profit) is not achieved. Profit: The profit target is a budgeted at the beginning of the fiscal year. ” 31 Further, the Productivity Incentive policy states, inter alia , that: “The employee’s overall rating is determined by adding i) 60% of the Team or Department Score – (60% of 62 = 37.2) ii) 40% of the individual Appraisal Score, computed as a percentage – (3.38/5 x 100 x .40 = 27.0) 31 Clause 3.1 and 3.2 of the Productivity Incentive Policy of Petrojam Limited which was made effective October 2006.