Page 147 - Hang Lung Properties 2012 Annual Report

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姚子賢先生由二零一二年十二月十一日起
辭任本公司執行董事。高伯遒先生由二零
一二年十二月十二日起辭任本公司及恒隆
集團有限公司（「恒隆集團」）（其公眾上市控
股公司）執行董事。
遵照本公司組織章程細則第一百零三及一
百零四條規定，殷尚賢先生、何潮輝先生
及陳南祿先生於應屆股東週年大會輪值告
退，惟願參選連任。
董事之服務合約
陳南祿先生與本公司訂立了一項無固定任
期之服務合約，該合約將持續至任何合約
一方預先給予書面通知終止為止。若本公
司於二零一二年七月三十一日或之前終止
該合約，陳先生可獲發一筆不逾一年酬金
之特惠款項。
除以上所披露外，擬於將舉行之股東週年
大會上參選連任之董事概無與本公司、其
控股公司或彼等之任何附屬公司訂立於一
年內倘終止須作出賠償（法定賠償除外）之
服務合約。
董事之合約權益
於年內任何時間或年結日，概無任何本公
司董事在本公司、其控股公司或其任何附
屬公司之任何與本集團業務有關的重要合
約中直接或間接擁有重大權益。
Mr Henry T.Y. Yiu resigned as executive director of the Company
with effect from December 11, 2012. Mr William P.Y. Ko resigned
as executive director of the Company and Hang Lung Group Limited
(“HLGL”) (its publicly listed holding company) with effect from December
12, 2012.
In accordance with articles 103 and 104 of the Company’s articles of
association, Mr S.S. Yin, Mr Dominic C.F. Ho and Mr Philip N.L. Chen
retire from the board by rotation at the forthcoming annual general
meeting and, being eligible, offer themselves for re-election.
DIRECTORS’ SERVICE CONTRACTS
Mr Philip N.L. Chen has entered into a service contract with the
Company without a specific length of service, and which shall continue
until terminated by either party giving prior notice in writing. Mr Chen
would also be entitled to an ex-gratia payment of less than one year’s
emoluments if the contract was terminated by the Company on or
before July 31, 2012.
Save as disclosed above, no director proposed for re-election at the
forthcoming annual general meeting has a service contract with the
Company, its holding company or any of their subsidiaries which is not
determinable within one year without payment of compensation (other
than statutory compensation).
DIRECTORS’ INTERESTS IN CONTRACTS
No contract of significance in relation to the Group’s business to which
the Company, its holding company or any of their subsidiaries was a
party, and in which a director of the Company was materially interested,
whether directly or indirectly, subsisted at any time during the year or
at the end of the year.