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Details of the remuneration of the Directors and other key management personnel of the Group, for the current and prior financial years are set out in note 9 of the financial statements. 

## c - serVice aGreements 

all executives are on employment terms consistent with the remuneration framework outlined in this report. each of the agreements has an open term, and the period of notice to be given by the employee is three months. the agreements provide for three months base salary inclusive of any applicable superannuation to be paid in the event of a redundancy. 

## d – details of share-Based compensation 

## options plan 2009 

the Company employee option plan entitles the holder to acquire one share for each option granted by paying the prescribed exercise price to the Company once the option has vested in the holder and the relevant exercise conditions have been met. 

as noted above, the Board do not intend to grant any further options under the existing plan. the number of options previously granted by the Company and thus provided as remuneration to executive Directors and other key management personnel under this plan is set out below.the fair value of the options granted on 18 november 2009 is $0.46 per option. 

all options granted under this plan will vest on the exercise dates above provided the required performance hurdles are achieved and the employee remains employed with the Company at the vesting date. In the event an employee leaves the Company prior to the vesting date the options will lapse. any options that vest under this plan must be exercised no later than 18 november 2014. the total payable per employee on the exercise of one or more options on a particular day is the price per share in the Company paid for by the purchasers of shares in the Ipo, being $a1.70 and $nZ2.1333, regardless of the number exercised on that day. 

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1. Bryan Moore was General Manager, Information Services until his resignation on 10 September 2010, consequently 44,949 options granted to him under this plan have lapsed. 

2. Matthew Spencer was General Manager, Retail until his resignation on 6 January 2012, consequently 118,624 options granted to him under this plan have now lapsed. 

