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SCIDEV LTD Board/Management Information 2012

Mar 12, 2012

65761_rns_2012-03-12_268d8ef7-da83-49be-a724-72d7bc423482.pdf

Board/Management Information

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ABN 25 001 150 849

PO Box 1507 North Sydney NSW 2059 Level 3, 2 Elizabeth Plaza North Sydney NSW 2060 Australia

Phone: 02-9954 7888 Fax: 02-8904 0334 Email: [email protected] Website: www.intec.com.au ASX code: INL

13 March 2012

Companies Announcements Office Australian Securities Exchange

Executive Employment Contract for Managing Director

Mr Kieran Rodgers was appointed Managing Director of Intec Ltd (ASX: INL) on 6 February 2012 and has now agreed with the Company the terms of an Executive Employment Contract (the Contract) with effect from 1 March 2012. The key terms of the Contract are as follows:

  • Term: Three (3) years;

  • Annual salary: $215,000;

  • Termination Compensation: Six (6) months;

  • Notice Period: Six (6) months; and

  • Eligibility to participate in the Intec Option Plan on terms approved by the Board of Directors.

Yours faithfully Intec Ltd

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Robert J Waring Company Secretary

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