'Dr. Wu' pid='57749' datel Wrote:
'ArtM72' pid='57746' datel Wrote:[quote='Tusker' pid='57742' dateline='1431032879']
Perhaps you found this one of interest also.
Payments upon termination of employment and upon change of control of InterOil: (Estamate 2014)
Total Incremental Obligation $
37,015,000 USD
Yep... that's two comma's
Page 32 see notes also.
If the 37,015,000 USD on change of control is reasonably correct then is it accurate to suggest Hession's real payday is on sale of the company and not long term corporate profitability or finding large volumes of hydrocarbons?
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YES, YES, YES... You are correct Sir. Mama Hession raised no dummy. He knows IOC is the creamy center of an Oreo cookie squished between two bad arss wafers...
How do you eat an Oreo? Even my daughter knows that...
BTW, The same goes for his mgmt team, which receives RSUs for achieving goals related to advancing the LNG project. Do you think if IOC is bought out, that those RSUs don't vest immediately? Its all about the insurance policy in a change of control situation.
It's a good thing there is more than 1 Oreo in a package. PRL15 is the first out. Is the eater a nibbler or a piggy-wiggy?
Nabisco can always bake a few.
"InterOil Won’t Exclude Takeover Offers"