Common use of REMUNERATION AND OTHER BENEFITS Clause in Contracts

REMUNERATION AND OTHER BENEFITS. 4.1 The basic remuneration of the Member of the Supervisory Board for performance of the office is CZK 100,000 per month / CZK 280.000 for the Chairman of the Supervisory Board and is due monthly in the calendar month following the month in which the Member of the Supervisory Board became entitled to it on the Company’s regular pay day and should be paid by bank transfer to the bank account provided by the Member of the Supervisory Board. In addition to the basic remuneration the Member of the Supervisory Board is entitled to a yearly bonus under the conditions set out by the General Meeting, where the determining criterion for granting an annual bonus is the participation of a member of the Supervisory Board in a meeting of the Supervisory Board. The amount of this remuneration corresponds to up to twelve times the amount of the basic monthly remuneration of the Chairman of the Supervisory Board / six times the amount of the basic monthly remuneration of a member of the Supervisory Board. The annual evaluation of the remuneration will be carried out once a year, no later than 30 June of the following year, by the General Meeting of the Company. The annual remuneration is due monthly in the month following the month in which the annual bonus was approved by the General Meeting, together with the basic remuneration paid under the conditions of this Article 4.1. The extra bonus up to twelve times the amount of the basic monthly remuneration may also be granted to a member of the Supervisory Board by the General Meeting. 4.2 The Company will also provide the Member of the Supervisory Board with the following: (a) a mobile telephone to perform the office and for private purposes under the conditions stipulated by the internal regulations of the Company. The Member of the Supervisory Board is obliged to reimburse the Company for costs related exclusively to the use of the Company's mobile phone for private purposes plus the relevant amount of value added tax; (b) a laptop computer to perform the office; 4.3 Justified costs for travel and accommodation and other justified costs incurred by the Member of the Supervisory Board during the performance of [his/her] office will be reimbursed to the Member of the Supervisory Board in accordance with the internal regulations of the Company. For the purpose of reimbursing these costs, the place of performance of the office is to be understood to be the registered office of the Company. 4.4 The Company with the consent of the Member of the Supervisory Board will provide to [him/her]: (a) liability insurance for damage caused in connection with the performance of the office of a Member of the Supervisory Board (so-called D&O insurance); (b) accident insurance for the risks of death as a result of an accident, permanent consequences of an accident and permanent disability as a result of an accident. If the Company provides insurance to a Member of the Supervisory Board, the Company also undertakes to provide this member with compensatory remuneration, which is equal to the amount of the mandatory payments (e.g., taxes, public health insurance premiums, etc.), which a member of the Supervisory Board is obliged to pay or bear due to the fact that the Company pays insurance premiums. 4.5 Any other benefit or performance to which the Member of the Supervisory Board is not entitled under law, this Agreement or the internal regulations of the Company approved by the General Meeting, may be granted to the Member of the Supervisory Board only with the consent of the Company’s General Meeting. 4.6 The entitlement to the payment of the annual bonus and the extra bonus awarded by the General Meeting is terminated if: (a) a member of the Supervisory Board resigns before the due date of the awarded annual bonus or extra bonus; or (b) a member of the Supervisory Board materially breaches this Agreement before the date of payment of the awarded annual bonus or extra bonus or if [he/she] has grossly breached other obligations under applicable law or the contract.

REMUNERATION AND OTHER BENEFITS. 4.1 The basic remuneration In consideration for the performance of his/her duties hereunder, the Executive shall be entitled to receive with effect from the Commencement Date during the term of the Member Employment a salary at the rate of ___ per annum payable by 12 monthly instalments, each such instalment being payable in arrears into an account in the name of the Supervisory Board for performance Executive designated by the Executive to the Company on the last business day of the office is CZK 100,000 per month / CZK 280.000 for the Chairman of the Supervisory Board and is due monthly in the each calendar month following provided that if the month in which the Member of the Supervisory Board became entitled to it on the Company’s regular pay day and should be paid by bank transfer Employment is terminated prior to the bank account provided by end of a calendar month, the Member of the Supervisory Board. In addition to the basic remuneration the Member of the Supervisory Board is Executive shall only be entitled to a yearly bonus under the conditions set out by the General Meeting, where the determining criterion for granting an annual bonus is the participation proportionate part of a member such salary in respect of the Supervisory Board in a meeting period of Employment during the Supervisory Board. The amount of this remuneration corresponds to relevant month up to twelve times the amount date of termination. For the basic monthly remuneration avoidance of doubt, if the Chairman of Executive also serves as a director on the Supervisory Board / six times Board, the amount of Executive shall not be entitled to any additional compensation for his/her director's position; provided, however, that the basic monthly remuneration of a member of the Supervisory Board. The annual evaluation of the remuneration will be carried out once a year, no later than 30 June of the following year, by the General Meeting of the Company. The annual remuneration is due monthly Company may reimburse him/her for any reasonable out-of-pocket expenses incurred in connection with discharging his/her director's duties as provided in the month following the month in which the annual bonus was approved by the General Meeting, together with the basic remuneration paid under the conditions of this Article 4.1. The extra bonus up to twelve times the amount of the basic monthly remuneration may also be granted to a member of the Supervisory Board by the General Meetingrelevant service agreement for such directorship. 4.2 Payment of such salary to the Executive referred to in Clause 4.1 shall be made by the Company. 4.3 The Company will also provide Salary referred to in clause 4.1 shall be subject to review by the Member Board on each anniversary of the Supervisory Board with Commencement Date. 4.4 The Executive shall continue to receive his/her salary during any period of absence on grounds of medical or physical ill-health up to a maximum of 30 days in any period of twelve (12) months or such number of days not more than that prescribed by law (whichever is longer) provided that the following: (a) a mobile telephone to perform the office and for private purposes under the conditions stipulated Executive shall, if required by the internal regulations of the Company. The Member of the Supervisory Board is obliged to reimburse , supply the Company for costs related exclusively to with medical certificates covering the use period of absence and/or undergo at the Company's mobile phone for private purposes plus the relevant amount of value added tax; (b) expense a laptop computer to perform the office; 4.3 Justified costs for travel and accommodation and other justified costs incurred medical examination by a doctor or hospital appointed by the Member Company. 4.5 The payment of tax, duties, social security and like payments arising out of the Supervisory Board during Employment shall be dealt with by the performance of [his/her] office will be reimbursed parties to the Member of the Supervisory Board this Agreement in accordance with the internal regulations of applicable laws and regulations. The Executive undertakes to the Company. For Company promptly to discharge any payments which are payable by him pursuant to the purpose of reimbursing these costs, law as they fall due and to indemnify the place of performance of Company against any liability in respect thereof which may fall upon the office is to be understood to be the registered office of the Company. 4.4 The Company with the consent of the Member of the Supervisory Board will provide to [him/her]: (a) liability insurance for damage caused in connection with the performance of the office of a Member of the Supervisory Board (so-called D&O insurance); (b) accident insurance for the risks of death as a result of an accident, permanent consequences of an accident and permanent disability as a result of an accident. If the Company provides insurance his/her failure to a Member of the Supervisory Board, the Company also undertakes to provide this member with compensatory remuneration, which is equal to the amount of the mandatory payments (e.g., taxes, public health insurance premiums, etcpay.), which a member of the Supervisory Board is obliged to pay or bear due to the fact that the Company pays insurance premiums. 4.5 Any other benefit or performance to which the Member of the Supervisory Board is not entitled under law, this Agreement or the internal regulations of the Company approved by the General Meeting, may be granted to the Member of the Supervisory Board only with the consent of the Company’s General Meeting. 4.6 The entitlement to the payment of the annual bonus and the extra bonus awarded by the General Meeting is terminated if: (a) a member of the Supervisory Board resigns before the due date of the awarded annual bonus or extra bonus; or (b) a member of the Supervisory Board materially breaches this Agreement before the date of payment of the awarded annual bonus or extra bonus or if [he/she] has grossly breached other obligations under applicable law or the contract.

REMUNERATION AND OTHER BENEFITS. 4.1 The basic remuneration In consideration for the performance of his/her duties hereunder, the Executive shall be entitled to receive with effect from the Commencement Date during the term of the Member Employment a salary at the rate of [insert] per annum payable by 12 monthly instalments, each such instalment being payable in arrears into an account in the name of the Supervisory Board for performance Executive designated by the Executive to the Company on the last business day of the office is CZK 100,000 per month / CZK 280.000 for the Chairman of the Supervisory Board and is due monthly in the each calendar month following provided that if the month in which the Member of the Supervisory Board became entitled to it on the Company’s regular pay day and should be paid by bank transfer Employment is terminated prior to the bank account provided by end of a calendar month, the Member of the Supervisory Board. In addition to the basic remuneration the Member of the Supervisory Board is Executive shall only be entitled to a yearly bonus under the conditions set out by the General Meeting, where the determining criterion for granting an annual bonus is the participation proportionate part of a member such salary in respect of the Supervisory Board in a meeting period of Employment during the Supervisory Board. The amount of this remuneration corresponds to relevant month up to twelve times the amount date of termination. For the basic monthly remuneration avoidance of doubt, if the Chairman of Executive also serves as a director on the Supervisory Board / six times Board, the amount of Executive shall not be entitled to any additional compensation for his/her director's position; provided, however, that the basic monthly remuneration of a member of the Supervisory Board. The annual evaluation of the remuneration will be carried out once a year, no later than 30 June of the following year, by the General Meeting of the Company. The annual remuneration is due monthly Company may reimburse him/her for any reasonable out-of-pocket expenses incurred in connection with discharging his/her director's duties as provided in the month following the month in which the annual bonus was approved by the General Meeting, together with the basic remuneration paid under the conditions of this Article 4.1. The extra bonus up to twelve times the amount of the basic monthly remuneration may also be granted to a member of the Supervisory Board by the General Meetingrelevant service agreement for such directorship. 4.2 Payment of such salary to the Executive referred to in Clause 4.1 shall be made by the Company. 4.3 The Company will also provide Salary referred to in clause 4.1 shall be subject to review by the Member Board on each anniversary of the Supervisory Board with Commencement Date. 4.4 The Executive shall continue to receive his/her salary during any period of absence on grounds of medical or physical ill-health up to a maximum of 30 days in any period of twelve (12) months or such number of days not more than that prescribed by law (whichever is longer) provided that the following: (a) a mobile telephone to perform the office and for private purposes under the conditions stipulated Executive shall, if required by the internal regulations of the Company. The Member of the Supervisory Board is obliged to reimburse , supply the Company for costs related exclusively to with medical certificates covering the use period of absence and/or undergo at the Company's mobile phone for private purposes plus the relevant amount of value added tax; (b) expense a laptop computer to perform the office; 4.3 Justified costs for travel and accommodation and other justified costs incurred medical examination by a doctor or hospital appointed by the Member Company. 4.5 The payment of tax, duties, social security and like payments arising out of the Supervisory Board during Employment shall be dealt with by the performance of [his/her] office will be reimbursed parties to the Member of the Supervisory Board this Agreement in accordance with the internal regulations of applicable laws and regulations. The Executive undertakes to the Company. For Company promptly to discharge any payments which are payable by him pursuant to the purpose of reimbursing these costs, law as they fall due and to indemnify the place of performance of Company against any liability in respect thereof which may fall upon the office is to be understood to be the registered office of the Company. 4.4 The Company with the consent of the Member of the Supervisory Board will provide to [him/her]: (a) liability insurance for damage caused in connection with the performance of the office of a Member of the Supervisory Board (so-called D&O insurance); (b) accident insurance for the risks of death as a result of an accident, permanent consequences of an accident and permanent disability as a result of an accident. If the Company provides insurance his/her failure to a Member of the Supervisory Board, the Company also undertakes to provide this member with compensatory remuneration, which is equal to the amount of the mandatory payments (e.g., taxes, public health insurance premiums, etcpay.), which a member of the Supervisory Board is obliged to pay or bear due to the fact that the Company pays insurance premiums. 4.5 Any other benefit or performance to which the Member of the Supervisory Board is not entitled under law, this Agreement or the internal regulations of the Company approved by the General Meeting, may be granted to the Member of the Supervisory Board only with the consent of the Company’s General Meeting. 4.6 The entitlement to the payment of the annual bonus and the extra bonus awarded by the General Meeting is terminated if: (a) a member of the Supervisory Board resigns before the due date of the awarded annual bonus or extra bonus; or (b) a member of the Supervisory Board materially breaches this Agreement before the date of payment of the awarded annual bonus or extra bonus or if [he/she] has grossly breached other obligations under applicable law or the contract.

REMUNERATION AND OTHER BENEFITS. 4.1 The basic remuneration In consideration for the performance of his duties hereunder and subject to the provisions of Clause 4.4, the Executive shall be entitled to receive with effect from the Commencement Date during the term of the Member Employment a salary at the rate of [*] Canadian dollars per annum (including any sum payable to the Executive as directors' fees from any company in the Group, any tax and duties payable by the Executive pursuant to the applicable laws) payable by 12 monthly instalments, each such instalment being payable in arrears into a bank account in the name of the Supervisory Board for performance Executive designated by the Executive to the Company on the last business day of the office is CZK 100,000 per month / CZK 280.000 for the Chairman of the Supervisory Board and is due monthly in the each calendar month following provided that if the month in which the Member of the Supervisory Board became entitled to it on the Company’s regular pay day and should be paid by bank transfer Employment is terminated prior to the bank account provided by end of a calendar month, the Member of the Supervisory Board. In addition to the basic remuneration the Member of the Supervisory Board is Executive shall only be entitled to a yearly bonus under the conditions set out by the General Meeting, where the determining criterion for granting an annual bonus is the participation proportionate part of a member such salary in respect of the Supervisory Board in a meeting period of Employment during the Supervisory Board. The amount of this remuneration corresponds to relevant month up to twelve times the amount date of the basic monthly remuneration of the Chairman of the Supervisory Board / six times the amount of the basic monthly remuneration of a member of the Supervisory Board. The annual evaluation of the remuneration will be carried out once a year, no later than 30 June of the following year, by the General Meeting of the Company. The annual remuneration is due monthly in the month following the month in which the annual bonus was approved by the General Meeting, together with the basic remuneration paid under the conditions of this Article 4.1. The extra bonus up to twelve times the amount of the basic monthly remuneration may also be granted to a member of the Supervisory Board by the General Meetingtermination. 4.2 The Company will also provide Payment of such salary to the Member of the Supervisory Board with the following: (a) a mobile telephone Executive referred to perform the office and for private purposes under the conditions stipulated in Clause 4.1 shall be made by the internal regulations Company. 4.3 The salary referred in Clause 4.1 shall be subject to review by the Compensation Committee on November 30th of each calendar year from 2006 onwards. 4.4 The Executive shall continue to receive his salary during any period of absence on grounds of medical or physical ill-health up to a maximum of 90 days in any period of twelve (12) months or such number of days not more than that prescribed by law (whichever is longer) provided that the Executive shall, if required by the Company. The Member of the Supervisory Board is obliged to reimburse , supply the Company for costs related exclusively to with medical certificates covering the use period of absence and/or undergo at the Company's mobile phone for private purposes plus the relevant amount of value added tax; (b) expense a laptop computer to perform the office; 4.3 Justified costs for travel and accommodation and other justified costs incurred medical examination by a Executive appointed by the Member Company. 4.5 The payment of tax, duties, social security and like payments arising out of the Supervisory Board during Employment shall be dealt with by the performance of [his/her] office will be reimbursed to the Member of the Supervisory Board parties in accordance with the internal regulations of applicable laws and regulations. The Executive undertakes to the Company. For Company promptly to discharge any payments which shall be paid by him pursuant to the purpose of reimbursing these costs, applicable laws as they fall due and to indemnify the place of performance of Company against any liability in respect thereof which may fall upon the office is to be understood to be the registered office of the Company. 4.4 The Company with the consent of the Member of the Supervisory Board will provide to [him/her]: (a) liability insurance for damage caused in connection with the performance of the office of a Member of the Supervisory Board (so-called D&O insurance); (b) accident insurance for the risks of death as a result of an accident, permanent consequences of an accident and permanent disability as a result of an accident. If the Company provides insurance his failure to a Member of the Supervisory Board, the Company also undertakes to provide this member with compensatory remuneration, which is equal to the amount of the mandatory payments (e.g., taxes, public health insurance premiums, etc.), which a member of the Supervisory Board is obliged to pay or bear due to the fact that the Company pays insurance premiums. 4.5 Any other benefit or performance to which the Member of the Supervisory Board is not entitled under law, this Agreement or the internal regulations of the Company approved by the General Meeting, may be granted to the Member of the Supervisory Board only with the consent of the Company’s General Meetingpay. 4.6 The entitlement Executive shall be entitled to bonus as approved by the payment Compensation Committee. 4.7 The Company shall provide the Executive, his spouse and children benefits to health, medical and accidental insurance policies which will be taken out by the Company in accordance with its human resources policy and subject to approval by the Compensation Committee. The Company will reimburse the Executive, his spouse and children reasonable medical and emergency expenses before such policies are taken out. 4.8 The Company shall provide the Executive reasonable housing or housing allowance in accordance with its human resources policy and subject to approval by the Compensation Committee. 4.9 The Company shall provide each of the annual bonus Executive, his spouse and children two (2) return business class airfares between Canada and the extra bonus awarded by the General Meeting is terminated if: (a) People's Republic of China in a member of the Supervisory Board resigns before the due date of the awarded annual bonus or extra bonus; or (b) a member of the Supervisory Board materially breaches this Agreement before the date of payment of the awarded annual bonus or extra bonus or if [he/she] has grossly breached other obligations under applicable law or the contractyear.