SO WE ARE PAYING KR $215,000 PA ......Well the good news is A he didnt back out at the last minute.
B Inl say they have enough of our money to pay him for a 3 years & 6 months termination if required .
c Inl say we wont go broke for the next 3 years
Amazing what you can pull from such detailed announcements
All good news really ... LOL
???
Mr Kieran Rodgers was appointed Managing Director of Intec Ltd (ASX: INL) on 6 February 2012 and has now agreed with the Company the terms of an Executive Employment Contract (the Contract) with effect from 1 March 2012. The key terms of the Contract are as follows: • Term: Three (3) years; • Annual salary: $215,000; • Termination Compensation: Six (6) months; • Notice Period: Six (6) months; and • Eligibility to participate in the Intec Option Plan on terms approved by the Board of Directors.
SDV Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
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