November 19, 2003

Recognition agreement update

Talks were held this afternoon to discuss the latest version of the Recognition agreement. The agreement has now been re-issued with the latest comments incorporated and is now being circulated for comments around the relevant people in both parties.
Also, the latest Pay Statement was discussed and we are now waiting on an update from the Company on some of the comments that they are drafting to be included in this statement.
Talks continue tomorrow on the Redundancy Annex to discuss the principle issues still outstanding and on improving the structure and content of the document itself.

Posted by LDH at November 19, 2003 05:54 PM