Appendix N: Contents of Directors' Letter of Appointment

Appendix M	Table of contents	Appendix O

Terms of appointment

• Time commitment envisaged.
• Powers and duties of directors.
• Any special duties or arrangements attaching to the position.
• Circumstances in which an office of director becomes vacant.
• Expectations regarding involvement with committee work.
• Remuneration and expenses.
• Superannuation arrangements.
• Requirement to disclose directors' interests and any matters which affect the director's independence.
• Fellow directors.
• Trading policy governing dealings in securities (including any share qualifications) and related financial instruments by directors, including notification requirements.
• Induction training and continuing education arrangements.
• Access to independent professional advice.
• Indemnity and insurance arrangements.
• Confidentiality and rights of access to corporate information.
• A copy of the constitution.

Appendix M	Table of contents	Appendix O