LLL 0.00% 50.5¢ leo lithium limited

OK I'll bite again, whilst shaking my head vigorously .. .. .....

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  1. 6,931 Posts.
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    OK I'll bite again, whilst shaking my head vigorously .. .. .. ..

    Some examples for you of what really happens with ASX listed Companies

    Contract Termination Clauses
    Chris Evans ~ Company - 6 months, of which 3 must be paid in lieu, Evans 3 months (Company's election, 3 months FTR in lieu)
    ++ Evans agreed to step down as there was no need for a MD when the Company shifted focus to Gold, paid 4 months FTR
    ++ Fun fact, Cowden was paid an extra $1,000 / day

    Michael Anderson ~ termination by either party 6 months
    ++ by mutual agreement, Anderson left his position immediately ~ paid 6 months in lieu FTR

    Scott Lowe ~ Lowe 3 months, Company 6 months
    ~ 21 July 2023, termination agreement effective 31 August 2023
    + worked 5 weeks of notice period, the remaining was paid in lieu

    The question of have they already tendered their resignations but not officially accepted?
    FOCLMAO = Fell of cjair laughing my a*** off - love it!


    Last edited by fooca: 23/07/24
 
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