- Annual Review 2006
- Overview
- Chairman's message
- Interview with the chief executive
- Selected financial data
- Features
- Review of operations
- Financial information by business unit
- Summary financial statements
- Australian Corporations Act - summary of ASIC relief
- Independent auditors' statement
- Management overview
- Directors' report
- Remuneration report
- Remuneration committee
- Corporate governance
- Executive remuneration
- Remuneration components
- Short term incentive plan (STIP)
- Long term incentives
- Share Option Plan (SOP)
- Mining Companies Comparative Plan (MCCP)
- New restricted share plan
- Post employment benefits
- United Kingdom
- Australia
- Other pensionable benefits
- Performance and non performance related remuneration
- Share based remuneration not dependent on performance
- Service contracts
- Termination payments
- Shareholding policy
- Remuneration paid in 2006
- Other disclosures
- Remuneration report tables
- Corporate governance
- Audit committee charter
- Shareholder information
- Useful addresses
- Investor calendar
- Publications
Termination payments
Rio Tinto has retained the right to pay executives in lieu of notice. Given the wide variety of possible circumstances leading to early termination, the executives' service contracts do not provide explicitly for compensation, but in the event of early termination, it is the Group's policy to act fairly in all circumstances and the duty to mitigate would be taken into account. Compensation would not provide unmerited reward for poor performance.
There were no termination payments made in 2006.
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