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ELSIGHT LIMITED — Remuneration Information 2021
Mar 30, 2021
64836_rns_2021-03-30_2f7188a4-1cc1-45d1-94f9-c1bf7946cea6.pdf
Remuneration Information
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31 March 2021
ASX Announcement
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CEO Remuneration – Update
Further to the announcement of the appointment of the CEO, Yoav Amitai on 7 Oct 2020, Elsight advises that the CEO’s remuneration has now been finalised and provides the following details of the material terms:
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----- Start of picture text ----- Mr. Yoav Amitai – Key Terms and Conditions of Employment AgreementCommencement Date 1 November 2020Term UndefinedFixed Remuneration 237,000 AUD (600,000 Nis) per yearShort Term Incentives 75,000 AUD based on performanceLong Term Incentives NoneTermination and Notice Prior notice of termination of 104 days----- End of picture text -----
Authorised for release by the Board of Directors of Elsight Limited.
-ENDS-
For more information, please contact
Corporate & Business Enquiries
Media & PR Enquiries
Howard Digby, Rod North , Managing Director, Elsight Limited Bourse Communications Pty Ltd T: + 61 434 987 750, T: (03) 9510 8309, M: 0408 670 706, E : [email protected] E: [email protected]
About Elsight
Elsight delivers Absolute Connection with 24/7 Confidence. Our proprietary bonding technology incorporates both software and hardware elements to deliver extremely reliable, secure, high bandwidth, real-time connectivity - even in the most challenging areas for stationary, portable, or actively mobile situational requirements. For more information, visit www.elsight.com
Elsight Limited ACN 616 435 753
T: +61 8 8689 9997 | A: C/- Mertons, Level 7, 330 Collins Street, Melbourne VIC 3000