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This excerpt taken from the ELN 6-K filed Mar 30, 2007. Mr. Donal
Geaney
On 13 June 2005, we agreed to settle an action taken in the
Irish High Court by the late Mr. Donal Geaney, former
Chairman of the Company who resigned on 9 July 2002. The
action related to the agreement for the exercise of share
options granted to Mr. Geaney during his employment with
Elan. The settlement, with no admission of liability on the part
of Elan, was for a sum of €3.5 million
($4.4 million), plus an agreed sum of legal fees.
This excerpt taken from the ELN 20-F filed Feb 28, 2007. Mr. Donal
Geaney
On June 13, 2005, we agreed to settle an action taken in
the Irish High Court by the late Mr. Geaney, former
Chairman of the Company who resigned on July 9, 2002. The
action related to the agreement for the exercise of share
options granted to Mr. Geaney during his employment with
Elan. The settlement, with no admission of liability on the part
of Elan, was for a sum of 3.5 million Euros
($4.4 million), plus an agreed sum of legal fees.
This excerpt taken from the ELN 20-F filed Mar 30, 2006. Donal
Geaney
On June 13, 2005, we agreed to settle an action taken in
the Irish High Court by the late Donal Geaney, former Chairman
of the Company who resigned on July 9, 2002. The
action related to the agreement for the exercise of share
options granted to Mr. Geaney during his employment with
Elan. The settlement, with no admission of liability on the part
of Elan, was for a sum of 3.5 million Euros
($4.4 million), plus an agreed sum of legal fees.
Table of Contents
Elan
Corporation, plc
NOTES TO
THE CONSOLIDATED FINANCIAL
STATEMENTS — (Continued)
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