Ann: Manuka Silver Project - Mining Commenced, page-17

Many years ago when I worked in a scrap metal yard the boss gave me a Maserati, he said it was a "long term incentive performance right", I asked him why, he said that it was for me to do a better job over a long period of time, I asked him Maserati's gobble up fuel at a great rate, he said that as part of the bonus the company will pay for all running costs.
The reason for this diatribe is because I've just read a company's AGM where one of the directors was voted to receive a "long term incentive performance right"
What's with all this crap about directors giving themselves this incentive be it in cash, shares or options?
I know that employees are sometimes given shares as bonuses but this is for work already done and to keep the employees happy.
One company I have shares in stated at their AGM that there was no intention of giving directors bonuses not even first class flights to wherever, that last bit was a tongue in cheek one.