Remuneration and Expenses

In respect of your role as B Director, the Nominator shall be entitled to be paid remuneration of £[•] (index linked) together with reasonable additional remuneration for the work associated with any refinancing carried out in pursuance of Article 11 (to be met from any Refinancing Gain) and for any other additional work outwith the performance of your normal duties.

We would be grateful if you could acknowledge receipt of this letter and your acceptance of its terms by signing the docquet that appears at the end of the copy letter attached, and returning it to us.