These excerpts taken from the ICI 20-F filed Apr 1, 2005.
Fees
7. You will not be paid any fee in respect of the
Appointment.
8.
You will have no entitlement to any bonus and no entitlement to participate in
any share scheme operated by the Company in respect of the Appointment.
Fees
11. You will be entitled to such
fee (less any necessary statutory deductions) for your services as Non-Executive
Director as the Board may determine from time to time.
12. These fees will be paid in arrears
to a bank account nominated by you in equal monthly instalments.
13. You may elect to receive either
50% or 100% of your annual fees in the form of shares in the Company. Further
details of this arrangement will be provided by the Company Secretariat.