In todays release re the upcoming AGM one of the items they are...

In todays release re the upcoming AGM one of the items they are putting forward are 1,500,000 options at no cost to Michael Earle.
Now i have no problem in options which are to be converted to fully paid shares as a performance right but what i do object to is that they are asking the shareholders to approve this at the AGM yet they have given no indication what Michael Earle has to achieve to receive this freebie?
Surely it is not too much of an ask that he be awarded these options on the proviso that the share price reaches a certain level?
Unless they come clean and tell the shareholders what he has to achieve to receive this bonus I for one will be voting against it!!!