Wellcom_FY11-Financial-Report

denotes one of the five 5 highest paid executives of

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Unformatted text preview: 43,125 2,284,309 Sub-total non-executive directors Total key management personnel compensation ^ Denotes one of the five (5) highest paid executives of the Company, as required by the Corporations Act 2001. # Denotes one of the five (5) highest paid executives of the Group, as required by the Corporations Act 2001. * Paid in UK Sterling and translated at the average exchange rate for the year ended 30 June 2010. ** Commenced with the Company on 1 February 2010. Employment contracts W.W. Sidwell The Chairman and Chief Executive Officer, Mr Sidwell is employed under contract by Wellcom Group Limited. The current employment contract commenced on 1 February 2010 and terminates on 30 June 2013 at which time the Company may chose to commence negotiations to enter into a new contract with Mr Sidwell. • • • Mr Sidwell receives fixed remuneration of $240,000 per annum. Both Mr Sidwell and the Company may terminate this contract by giving 12 months written notice. Where such notice is provided by either Mr Sidwell or the Company, the Company may request Mr Sidwell...
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This document was uploaded on 02/06/2014.

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