Notice is given that a meeting of the eligible employee creditors of the Company, or a meeting for each of the Companies, (for multiple companies), will be held:
(If multiple companies, see special instructions for meeting times)
Agenda items are:
1. That the eligible employee creditors of the Company agree to the non-inclusion of a provision in the Deed of Company Arrangement, proposed by First Global Capital Partners Pty Ltd, as required by Section 444DA(1) of the Corporations Act 2001, which entitles employee creditors to a priority to at least equal to what they would have been entitled if the property were applied in accordance with sections 556, 560 and 561 of the Act. That is, eligible employee creditors agree to their employee entitlements (with the exception of superannuation and superannuation guarantee surcharge) be excluded from any distribution of the Deed Fund.2. That the eligible employee creditors of the Company agree to the non-inclusion of a provision in the Deed of Company Arrangement, proposed by Avior Asset Management Pty Ltd, as required by Section 444DA(1) of the Corporations Act 2001, which entitles employee creditors to a priority to at least equal to what they would have been entitled if the property were applied in accordance with sections 556, 560 and 561 of the Act. That is, eligible employee creditors agree to their employee entitlements (with the exception of superannuation and superannuation guarantee surcharge) be excluded from any distribution of the Deed Fund.
Eligible employee creditors wishing to attend are advised proofs and proxies are to be submitted to the external administrator by:
Clifford RockeAdministrator
Jimmy TrpcevskiJoint Appointees
