EGO empire oil & gas nl

EGO Directors engaged, at a cost of $17,500 Remuneration...

  1. 823 Posts.
    EGO Directors engaged, at a cost of $17,500 Remuneration Strategies Group PTY LTD to provide advice to the Board (Remuneration Committee) to provide general remuneration advice as an input into decision making only. In addition:

    The CEO had his contract changed to extend the notice of termination to six months (from 3 months) with financial penalties attached. This is outside normal industry benchmarks where the three months notice applies which was the case in the CEO's contract. The questions are these:

    When was the Contract amended;
    Who requested the amendment;
    Why was the amendment made, and
    What benefeit is it to the Company?
 
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