Bonuses22 Oct 2020 09:39
Its all public information.
7. Caesars agrees to implement retention arrangements for the executive directors of
William Hill on the following terms. Subject to and conditional on completion of the
Acquisition and William Hill being delisted from the London Stock Exchange, Caesars
shall pay each individual who is an executive director of William Hill as at the date of this
Agreement cash amounts as follows:
(A) a payment equal to 100 per cent. of his base annual salary (less any legally
required deductions), payable within 30 days of the Effective Date or, if later, the
day following the date on which William Hill is de-listed from the London Stock
Exchange; and
(B) provided that the relevant individual has discharged his duties satisfactorily to the
payment date (as determined by the members of the Remuneration Committee
of William Hill, as constituted before the Effective Date, acting reasonably), a
payment equal to 100 per cent. of his base annual salary (less any legally
required deductions), payable within 30 days of the earlier of (i) completion of the
sale by the Caesars Group of all or substantially all of William Hill’s non-US
business; and (ii) six months following the Effective Date