VOLT GROUP LIMITED — Remuneration Information 2009

Jul 19, 2009

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19 July 2009

ENERCOR\ASX042

EXECUTIVE’S REMUNERATION

Further to the Announcement dated 17 July 2009 regarding the appointment of Mr Ross Smith as CEO effective immediately and clarification of the role of Mr Greg Pennefather as Managing Director, Enerji Limited advises the key terms of Mr Smith’s and Mr Pennefather’s Employment Agreement are as follows:

Mr Pennefather

Term	Full-time permanent with no fixed term; and
	Commencement date 7 June 2009
Duties	Mr Pennefather is to perform his duties in accordance with the Board’s
	instructions.
Salary	Base salary of $250,000, plus superannuation per year; and
	Salary will be reviewed each year on the anniversary of employment and
	adjusted by no less than the CPI.
Leave Provisions	4 weeks annual leave, 2 weeks sick leave per year of service and 3 months
	long service leave after 7 years of continuous service.
Termination	Mr Pennefather can give the Company three (3) month’s notice in writing; or
	The Company can give Mr Pennefather twelve (12) months notice in writing
	or by payment of twelve (12) months salary in lieu of such notice.
Performance Bonus	Bonus to be paid in August of each year only should agreed milestone
	achievements/targets are reached and is in employment of the Company at
	30 June of the year to which the bonus relates
Other	The Employment Agreement between Mr Pennefather and the Company
	contains the usual provisions in respect of professional membership,
	professional development, parking, travel, reimbursement of expenditure IT
	and communication resources.

Mr Smith

Dark Dragon Sdn Bhd provides the services of Mr R Smith as CEO under contract and the fee paid to Dark Dragon Sdn Bhd is $272,500 per annum.

Term Full-time permanent with no fixed term; and Commencement date 31 May 2009

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Level 2, Spectrum, 100 Railway Road Subiaco WA 6008 post: PO Box 8281, Subiaco WA 6008 tel: 9367 8133 fax: 9367 8812

ENERJI LIMITED

2 ENERCOR\ASX042

Duties	Mr Smith is to perform his duties in accordance with the Board’s instructions.
Salary	Base salary of $250,000, plus superannuation per year; and
	Salary will be reviewed each year on the anniversary of employment and
	adjusted by no less than the CPI
Leave Provisions	4 weeks annual leave, 2 weeks sick leave per year of service and 3 months
	long service leave after 7 years of continuous service.
Termination	Dark Dragon Sdn Bhd can give the Company three (3) month’s notice in
	writing; or
	The Company can give Dark Dragon Sdn Bhd twelve (12) months notice in
	writing or by payment of twelve (12) months salary in lieu of such notice.
Performance Bonus	Bonus to be paid in August of each year only should agreed milestone
	achievements/targets are reached and is in employment of the Company at
	30 June of the year to which the bonus relates.
Other	The Employment Agreement between Mr Smith and the Company contains
	the usual provisions in respect of professional membership, professional
	development, parking, travel, reimbursement of expenditure IT and
	communication resources.

Greg Pennefather Managing Director