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X.com was an American online bank founded by Ed Ho, Harris Fricker, Elon Musk, and Christopher Payne in 1999 in Palo Alto, California.In 2000, it merged with competitor Confinity and in 2001, the merged company changed its name to PayPal.
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One common practice is for the bank annually to make bonus awards to main board directors recommended by a board Remuneration Committee and also to declare a total bonus pool, which is then successively divided up and allocated between different departments and staff at each lower level at the discretion of an appropriate committee, director or manager, who will take account of individual ...
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