" 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...
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- ASX - By Stock
- AUL
- Ann: Section 708 Notice and Appendix 3B
Ann: Section 708 Notice and Appendix 3B , page-14
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