RHK 1.92% 79.5¢ red hawk mining limited

Performance rights to the Managing Director. Do I interpret...

  1. gbm
    23 Posts.
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    Performance rights to the Managing Director. Do I interpret correctly the last clause which indicates that if approval of this resolution is not obtained, the Company has agreed that Mr Gordan will be paid a cash amount equivalent to the value of the rights on the day they would have vested, instead of the rights. Does this mean he gets a pay day whichever way the vote goes. Apologies in advance if I've interpreted incorrectly.
 
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