Wellcom_FY11-Financial-Report

The incentive shall be paid by way of either cash or

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Unformatted text preview: g: (1) the overall financial performance of the Group; (2) the financial performance of individual responsibility centres; and (3) performance based on quantative and qualitative measures not connected to individual profit centres. The incentive shall be paid by way of either cash or shares, the method of payment is at the entire discretion of the board. Any incentive payments due shall only be paid following the release of the full year’s results for the Group to the ASX in relation to that financial year. The following management incentives were approved by the board in relation to the year ended 30 June 2010: Year ended 30 June 2010 Remuneration package Performance 1 September criteria 1 2009 Performance criteria 2 Performance criteria 3 Total incentive paid $43,125 $40,000 $40,000 $123,125 $103,500 $40,000 $20,000 $163,500 $146,625 $40,000 $40,000 $20,000 $40,000 $286,625 Key management personnel A.J. Brook * S. Rees L.J. Graham M. Bettridge M. Parker C. Bevan $414,000 $200,000 $240,000 $240,000 $200,000 $200,000 $1,494,000 - * Commenced with the Compa...
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This document was uploaded on 02/06/2014.

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