NLX 0.00% 6.4¢ nylex limited

re: even ferret calls it a dog A bit over the top eh?ASX...

  1. 10,372 Posts.
    lightbulb Created with Sketch. 4
    re: even ferret calls it a dog A bit over the top eh?

    ASX ANNOUNCMENT

    Conditions Relevant – Appointment of Executive

    Chairman The company details below the following conditions relevant to the appointment of Mr Peter George as Executive Chairman as confirmed by a letter of appointment dated 23 February 2006.
    1. Term of Employment – Three years terminating on 31 January 2009 subject to termination by either party on six months notice, (extended to 12 months in the event of a change of control), three months notice of termination on illness, or immediate termination in the event of breach of specified obligations.
    2. Remuneration – Total remuneration will comprise the following: a) $500,000 salary per annum; b) superannuation contributions (currently 9% of ordinary time earnings).
    3. Annual Leave and Sick Leave – 20 days annual leave after each 12 months of employment and 10 days sick leave.

    For Further Information: Anthony Serong General Counsel & Company Secretary (613) 9533 9333
 
watchlist Created with Sketch. Add NLX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.