This excerpt taken from the ICI 20-F filed Apr 1, 2005.
Code of conduct
For the purposes of this letter Group Company shall mean the Company and any of its subsidiaries or holding companies from time to time (and any other subsidiary of any of its holding companies), and holding company and subsidiary shall be as defined in section 736 Companies Act 1985.
This appointment letter constitutes neither a contract for services nor a service contract.
Please confirm your agreement to the above by signing and returning to me the enclosed duplicate of this letter.
I very much look forward to you joining us at the next Board meeting.
/s/ M Herlihy