Ann: Pro-rata Non-Renounceable Entitlement, page-78

Alex is getting

$10,000 once off 2,000,000 shares retention bonus @ $0.005 per share
$270,000 per year in cash
$108,000 per year minimum Short Term Incentive in cash or shares or combination PAID ANNUALLY
$162,000 per year minimum Long Term Incentives in cash or shares or combination PAID ANNUALLY

$550,000 year 1
$540,000 ongoing minimum fsince the hurdles to get this money will likely be baked in at least for the first three years

Therefore a pay schedule for a CEO of medium sized profitable miner