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The details of the current share options issued to Mr Kelaher under this plan are as follows: 

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## 6.6 Change of control and cessation of employment 

The Board has determined that, if there is a change of control, any unvested LTIs may vest subject to the approval of the Board. If the Board so determines, any unvested performance rights and share options may become exercisable. 

Except where employment is terminated for serious misconduct, Mr Kelaher may be entitled to receive any LTIs that have vested as at the date of termination. On cessation of employment, unvested LTIs will be dealt with as follows: 

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## 6.7 Remuneration for the year ended 30 June 2013 

The Board, on the advice of the Remuneration Committee has increased the Managing Director’s fixed annual remuneration to $1,122,700 for the financial year commencing 1 July 2012. The Managing Director’s Short Term Incentive (STI) opportunity for the year to 30 June 2013 has also been increased to 90% of base remuneration from $870,000 to $1,010,430. 

The STI opportunity has been approved to increase to 100% of base remuneration for the year ended 30 June 2014. The STI terms will be the same as for the year ended 30 June 2013, with specific performance hurdles relating to: the continuing growth of the business, product development, achievement of management efficiencies, profitability and compliance, risk management and corporate governance. The STI deferral arrangements remain unchanged with two thirds of the STI award to be paid in cash shortly after the performance assessment has been completed at year end, and one third will be used to purchase company shares which will vest in July 2013 after a “look back” review in June 2013. 

Mr Kelaher has been provided with 250,000 performance rights for the year ended 30 June 2013 and will also receive the same for the following financial year. Both series are subject to shareholder approval, the achievement of performance hurdles that will be set out in the notice of annual general meeting for the 2012 Annual General Meeting and are conditional upon Mr Kelaher’s continued employment. 

