Myer Holdings 2015 AGM on Friday 20 November 2015 features a resolution relating to the long term incentive grants for new MD/CEO Richard Umbers. The New Myer transformation strategy is highlighted as the rationale for breaking the grant into the Initial Award and the Additional Award. I take a look at this grant in this note (VIEW LINK) As for Bernie Brookes' termination payment: this was noted on 1 September 2015 when the company released its FY2015 results. (VIEW LINK) Shareholders approved a termination benefits resolution at the 2014 AGM...which is why I advise paying attention to when these appear on AGM agenda, particularly if they relate to a named executive director, and not just a termination benefits scheme (although these resolutions also warrant attention).