|
The
dates on which the Chairman’s and each current
executive director’s initial service agreement
commenced and the current expiry dates are as follows:
| Chairman
and executive directors |
Commencement
date of initial service agreement |
Expiry
date of current service contract |
|
|
|
|
| Sir
Christopher Bland |
1
May 2001 |
a |
| B
Verwaayen |
14
January 2002 |
b |
| P
Danon |
19
November 2001 |
d |
| A
Green |
19
November 2001 |
d |
| I
Livingston |
8
April 2002 |
c |
| Dr
P Reynolds |
19
November 2001 |
d |
|
| a
Sir Christopher Bland entered into a new
service agreement on 19 November 2001, terminable
on 12 months’ notice by either the company
or the director. |
| b
The agreement was terminable during the
first year by the company giving two years’
notice and thereafter by notice of not less than
one year; terminable by the director on six months’
notice ending after the first two years. |
| c
Ian Livingston entered into an initial
service agreement on 8 April 2002 for two years.
The contract is terminable on 12 months’ notice
by the company and six months’ notice by the
director ending at any time after the initial period. |
| d
The initial contract period was for one
year and the contract is terminable by the company
on 12 months’ notice and by the director on
six months’ notice ending after the initial
period. |
| e
Philip Hampton left the company on 30
April 2002. The commencement date of his initial
service agreement was 1 November 2000. The contract
was for an initial period of two years. The contract
was terminable on 12 months’ notice ending
at any time after the initial period by either the
company or the director. |
| |
|
|
The
dates on which current non-executive directors’
contracts of appointment commenced and the current
expirydates are as follows:
|
| Non-executive
director |
Commencement
date of initial contract |
Expiry
date of current contract |
|
|
|
|
| Sir
Anthony Greener |
1
October 2000 |
30
September 2003 a |
| M
van den Bergh |
1
September 2000 |
31
August 2003 a |
| C
Brendish |
1
September 2002 |
31
August 2005 c |
| L
R Hughes |
1
January 2000 |
31
December 2005 b |
| Baroness
Jay |
14
January 2002 |
13
January 2005 c |
| J
Nelson |
14
January 2002 |
13
January 2005 c |
| C
G Symon |
14
January 2002 |
13
January 2005 c |
|
| a
Each director’s contract of appointment
is for an initial period of three years. After that
period the contract will be terminable on
three months’ notice by either the company
or the director. |
| b
Contract extended for a further three
years and is terminable by the company or the director
on three months’ notice. |
| c
Each director’s contract is for an
initial period of three years and is terminable
by the company or the director on three months’
notice. The contract is renewable by mutual agreement. |
| |
There
are no other service agreements or material contracts,
existing or proposed, between the company and the directors.
There are no arrangements or understandings between
any director or executive officer and any other person
pursuant to which any director or executive officer
was selected to serve. There are no family relationships
between the directors.
|
