This is something you don't seem to see much of anymore LTI based upon how the share price performs.
Good Job Management!
Nice to see you have at least considered the share price, from me its a thumbs up!
((Taken from the announcement))
Long Term Incentive
Upon commencement Mr Lowe will be granted the right to
receive the following shares after the share price of the
Company trades above a 30 day VWAP as per the following
table:
30 Day
VWAP
Right to # of
Shares
Escrow Period
$0.10 3,000,000 2 Years
$0.20 3,000,000 2 Years
$0.30 4,000,000 None
$0.40 5,000,000 None
$0.50 5,000,000 None
Mr Lowe is required to remain an employee of the Company to
be allocated any shares under this provision.
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