Hills Limited
(ASX:HIL) announced on 27 May 2015 the appointment of Mr Grant Logan as Chief Executive Officer with immediate effect. As foreshadowed in that announcement, and in keeping with its continuous disclosure requirements, Hills today releases a summary of the terms and conditions of the new Chief Executive Officer, Mr Grant Logan’s, employment agreement (Agreement).
Term
Mr Logan is employed for an initial term which shall expire on 1 September 2016 (Initial Term). Prior to the expiry of the Initial Term, the parties will negotiate in good faith for a further term. If a further term is not agreed between the parties, the Agreement will cease automatically on 1 September 2016 without either party having to provide notice.
For further information please download PDF attached:
