" Mr Kraemer will be paid a base salary of $242,000 ( including Board Fees) plus statutory superannuation of 9%. Mr Kraemer will also be entitled to performance relate d remuneration as follows; an 8% rise in base salar y if the price of Mantle shares trade above 20 cents per share on the ASX (on a 10 day VWAP basis) by 30 June 2013, 4 se parate bonus payments of up to $40,000 each should he meet a cha llenging set of KPI’s during calendar year 2013, an immediate grant of 3 million options to acquire Mantle shares (ASX: MNMOA) subject to shareholder approval, and a further grant of 3 million options on or about January 2014 with a s trike price and vesting criteria to be agreed in du e course. "...
Doesn't take long to read announcements...
MNM Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held