"There is no hard evidence to suggest that but I think that some of the key performance indicators in some of the contracts have been financially based, " he said.
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Speaking on a conference call Tuesday, club executives urged investors to avoid focusing on individual quarterly comparisons, which could vary based on the squad's performance and the timing of player contracts.
Last month, Major League Baseball sued Biogenesis, and its operators, accusing them of scheming to provide banned performance-enhancing drugs to players in violation of their contracts.
Schlumberger, for example, will agree to a measure of payment-for-performance in big contracts.
They have already suspended the central contracts of members of the national team and will switch to performance-related terms for future series.
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Has the number of money managers hired by the pension who are entitled to performance fees under their contracts with the pension increased?
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Another scheme is the use of contracts for difference, in essence bets on the bank's performance, which reward employees according to the level of profit made by their business unit.
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The company said a lack of major events during 2013 and uncertainty over some Japanese contracts could also hit its performance in 2013.
The shortage of wrap contracts is causing some managers to hold bigger cash stakes, a drag on performance.
This contract renewal process would continue, with perhaps an increase in the length of additional contracts, not to exceed ten years, as a reward for continued successful performance.
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New and renegotiated contracts these days tilt the balance more toward performance-based fees: often just 1% of revenues and up to 12% of profits (and sometimes only net profits at that).
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