GuerdonNews® Special Edition

18 March 2009

Dear [FIRSTNAME],

Welcome to a special edition of GuerdonNews®

New executive termination payment laws announced

Today Treasurer, Wayne Swan, and Minister for Superannuation and Corporate Law, Senator Nick Sherry, announced limitations on termination payments paid to company executives.

The government has responded to criticism of excessive golden handshakes in companies where directors and executives have received large termination payments where the company has performed poorly.

This special edition of GuerdonNews® outlines possible implications.

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The information, analysis and opinion in this e-mail and attachments are intended to be for informational purposes only. Analyses are based on information taken from public documents or private surveys, and we do not represent to its accuracy. Guerdon Associates assumes no liability for the use or interpretation of information contained herein. This publication is provided 'as is' without warranty of any kind, either expressed or implied, including, but not limited to, the implied warranties of marketability, fitness for a particular purpose, or non-infringement of third party rights.

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  Copyright © 2009 Guerdon Associates

ISSN 1834-8300

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