3 August2026
PRIVATEAND CONFIDENTIAL
Mark Bolton
c/o– [Redacted]
Dear Mark,
I am pleasedtoofferyoufull-timeemploymentin the positionofChief MarketingOfficerwith Curragh
QueenslandMining PtyLtd (CQMPL)
(“the Company”)
.
Youremploymentunder the termsofthis letterand the attachedContract ofEmploymentwill starton
01 August2026 unless otherwiseagreed. TheCompanyacknowledgesthat yourservice commenced
on 16 March2026 and willrecognisethat dateforthe purposeofall service-related entitlements.
Attachedtothis letteris yourContract ofEmploymentwhich furtherdetailsthe terms andconditions
ofyour employment.This letter and theattachedContract ofEmploymentwill togetherformyour
terms ofemployment.These supersede all priordiscussions,negotiations,understandingsand
agreements.
Although notformingpart ofyour Contract ofEmployment,it isour intentionthat youwill be invitedto
participatein the Company’sshort-term incentive(STI) and long-term incentive(LTI) programs.
Detailsfor2026 are:
●
Eligibleforthe full2026 STIperformanceperiod(Jan 1 toDec 31). The periodup toand
includingJuly 31 willbe at50% oftotalemploymentcost(TEC) maximum and 25% ofTEC
fortarget andthe remainder ofthe year will beat 75% ofTEC maximum and 37.5%ofTEC
fortarget
●
SubjecttoBoardapproval,it isanticipatedthat youwill be eligibletoparticipatein the 2027
LTIperformanceperiod(Jan 1, 2027, toDec 31,2029) at 75% ofTEC
All employeesofthe Companyare required toadhere toCompanypolicies,proceduresand
guidelinesalthough these do not form a part of your Contract ofEmployment.Youmust ensure that you
are familiar withthe contentsofthe Company’spolicies,proceduresand guidelinesas are current or
updatedfromtime totime.
I lookforward tocontinuing towork with you toensure the successofour operations.
Shouldyouhave any queriesconcerningthis offeror the termsand conditionsofyour employment,
please donot hesitatetocontactme on 0427 584 561.
Toacceptthis offerofemploymentplease return a signedand datedcopyofthis Letter ofOffer,
togetherwith a signedand datedcopyofthe attachedContract ofEmploymentto
by3 August2026.
Yourssincerely
/s/Emma Pollard
Emma Pollard
Chief People andSustainability Officer
Curragh QueenslandMining PtyLtd
Private MailBag
ABN: 55 095450 418BlackwaterQLD 4717
T:
+61 7 4986 9211|
F:
+61 7
49869361
I have read,understand,agree toand acceptall the termsand conditionsthat applytomy
employmentwith theCompanyas outlinedin thisLetter ofOfferand relateddocuments,includingthe
attachedContract ofEmployment.I confirmthat the paymentamountswhich I receive under the
Contract ofEmployment,satisfiesany obligationson the Companytopaytome any entitlementsto
which I mayotherwisebe entitledunder an industrialinstrumentor law.
Signed:/s/Mark BoltonDate:03/08/2026
Mark Bolton
Contract of Employment
This contractofemployment(
“Contract”
) confirmsthe expresscontractualterms andconditionsof
employmentbetween CurraghQueenslandMining PtyLtd (
“the Company”
) andthe employee(
“the
Employee”
or
“you”
).
Commencementand Locationof Employment
Unless agreedotherwise, yourappointmentto thispositionwill commence on 01 August 2026.
Youremploymentwith the Companywill continueuntil terminatedbyeither partyin accordancewith
the terms ofthis Contract.
Yourpositionwill be basedat Brisbane,however youmay berequired bythe Companytowork at
other locations(on a temporaryor permanent basis)toperformthe inherent requirements ofyour
position.The Company mayrequire youtotravel within the state,interstate oroverseastoperform
your duties.
Youmay berequired totransfer toother positionsand locationswith the Companyor the Coronado
GlobalResources Group("CoronadoGroup"),subjecttoappropriateconsultationand notice.
Role and ReportingStructure
The Companywill employyouin the roleofChief MarketingOfficer.The positioncurrently reports
to the ChiefExecutive Officer(Leader). Youwill reportto the Leaderor as otherwisedirected bythe
Company.
Duties
During your employmentyou must:
(a)
during yourworkinghours andat other timesas reasonablynecessary,devoteyour
whole time,attentionand abilitytothe businessofthe Company;
(b)
serve the Company and perform your dutiesdiligently,honestly and faithfully;
(c)
exercise and carry out all dutiesrequired ofyouwithin yourskillsand competence;
(d)
followall lawfuland reasonabledirectionsand instructionsgiven toyoubythe
Company;
(e)
not, without the prior written consent ofthe Company,directly or indirectlyengage in
any other employmentor in anyother activity(whether paidor unpaid)which may
conflictwith your dutiesas anemployee ofthe Company or may adverselyaffectthe
reputationofthe Companyor the CoronadoGroup (andyouwarrant that you are not
under anyobligationor restriction which would interfere or conflictwith your
employmentin this role or yourobligationsand dutiesunder this Contract);
(f)
notifythe Companyimmediatelyifany interest orobligationarises which maybe
inconsistentwith yourobligationstothe Companyor which mayadverselyaffectthe
reputationofthe Company;
(g)
complywith any direction fromthe Company to take all necessary action toremove
any conflict(whether direct orindirect) (and you acknowledgethat in some
circumstancesa seriousconflictmay justifythe terminationofyour employment);
(h)
promotethe interestsand welfare ofthe Company,and notact in anyway which may
harm orprejudicethe reputationand goodwillofthe Companyor the Coronado
Group;and
(i)
as lawfully required by the Company,performwork for any other member or members
ofthe CoronadoGroup.
Youmust performthe dutiesreasonablyassociatedwith yourposition.The Company mayvary your
dutiesand responsibilitiesfromtime totime orassignyouadditionaldutiesand responsibilitiesas
may bedirectedbythe Companyor yourLeader.In particular,youmay berequired toperformany
dutiesin any area ofthe operation,subjecttoyour competenceand any safetyand statutory
requirements.Youmay alsobe requestedtotrain tobecomecompetentin new skillsas requiredby
the Company.
If yourposition,dutiesor reportingstructure change,this Contractwill continuetoapplytoyour
employmentunless you and the Company enter a new written employment contractor vary this
Contract inwriting.
Hours of Work
Yourordinaryhours arein accordancewith the NES,during theCompany'sordinarybusiness
hours, andreasonable additionalhours in accordancewith the Company'soperational
requirements.Becauseofthe nature ofyour position,youacknowledgeand agree thatany
additionalhours thatyouare required towork in excessofyour ordinaryhours perweek are
reasonablesofar asthey are necessaryforthe fulland properperformanceofyour dutiesunder
this Contract.Yourremuneration includescompensationforthis.
The Companymay changeyour hoursofwork,daysofwork orstartingand finishing
times.Yourhours ofwork maybe averagedover a periodofup tosixmonths.
Youacknowledgeand agree thatyouwill complywith any timerecordingrequirements as
notifiedbythe Companyfromtime totime.
TotalEmploymentCost
Youwill be paidon a totalemploymentcost(
TEC
) basis.Yourinitial TEC is $510,000.00 (less
applicabletax) per annum (inclusiveofsuperannuation).
YourTEC ismade upofthe followingcomponents:
(a)
Cash salary:
Yourcash salarywill be theamount remainingafterdeductingfromyour TEC the
amountsforCompanysuperannuation contributionspaidbythe Companyforyour
benefit,and any otherpre-tax deductionsnominated byyou.Yourcash salary,net of
tax and authoriseddeductions,will be paid noless frequentlythan on a monthlybasis
byelectronicfundstransferintobank account/snominatedbyyou.
(b)
Superannuation:
The Companywillmake compulsorysuperannuationguarantee contributions,on your
behalf,up tothe maximumcontributionrequired under the Superannuation
Guarantee(Administration)Act1992 (Cth). Superannuationguaranteecontributions
are includedas partofyour TEC.
By agreementwith the Company,youmay choosetomake additionalvoluntary
contributionstoyour chosenfund.Where superannuation contributionsare received
frommorethanoneemployerduringafinancialyear,itisyourresponsibilityto
monitoryour concessionalcontributionsand manage anycontributioncap
implicationsthat mayarise.
If youdonot nominatea superannuation fund,contributionspayableon yourbehalf
will be directedtoyour stapledfund,and ifyoudonot havea stapledfundtothe
Company'sdefaultsuperannuation fund.A ChoiceofFund formcan bereturned at
any time andfuture contributionswill be madetoyour nominatedfund.
Youconsenttothe provisionofyour personalinformation,includingany health
information,between the Companyand the superannuationfundand their service
providers.This informationis necessarytofacilitatethe provisionofbenefitsin the
courseofyour employmentand forthe management ofthe fund.
YourTEC isin fullrecognitionofthe requirements ofthe role andthe hours ofwork necessaryto
performthe role.Unless otherwisespecifiedin thisContract,your TEC includescompensationforall
entitlements,benefitsor paymentsthat you may be otherwise entitled to, includingunder any
applicableindustrialinstrument orlegislation.This includes,but isnotlimitedto:
●
minimum weekly wages;
●
allowances;
●
overtime;
●
penaltyrates;
●
shiftloadings;
●
annual leave loading;and
●
any other loadingsor penalties.
Accordingly,youwill notbe paidany specialrates or allowancesforworkingparticular timesor under
particularconditionsunless otherwiseagreed inwriting.
The Companyis entitledto apply:
●
any over-industrial instrument payments or other benefitsprovidedforin thisContract,or paid
to
youin excessofminimum statutoryor industrialinstrument entitlements,in satisfactionof
any industrialinstrument entitlementsor other entitlementstowhich you are, or become,
entitled;
●
overpaymentsfor anyentitlement in anypay periodagainst another entitlement orpay period.
Foravoidanceofdoubt,yourannualremunerationshouldnotberegardedasanannualisedwage
arrangementunder anyapplicableindustrialinstrument.
Incentive Arrangements
Youmay beeligibletoparticipatein incentivearrangements offeredbythe Companyor Coronado
Group fromtime to time.Detailsofthese arrangementswill be providedto you separately,and donot
forma part ofthis Contract.
Annual Leave
Youwill be entitledtoannual leave in accordancewith theapplicablelegislation.Currently, fulltime
employeesare entitled to4 weeks annual leave per annum.Youare required toapplyforannual
leave atleast 4 weekspriortoyour firstdayofintendedleave, orsuch shorterperiodas maybe
agreed withyour Leader.Annual leaveapprovedbyyour Leader andtaken duringemploymentwill
be paidbasedon yourusual rate ofpay.
Annual leaveis tobe takenwithin 12 monthsofaccruing.If youdonot takethe leave within this
period,the Companymay directyou to doso upon givingyouone month'snotice(without limitingthe
Company’srightsat law).
On terminationofemployment,youwill be paidforany accruedand untaken annual leave basedon
your usualrate ofpay
.
Long Service Leave
Youare entitled to longservice leave in accordancewith applicablelegislation.
Other Leave
Youareentitledtopersonal/carer’sleave,parentalleave,compassionateleave,communityservice
leave and family and domesticviolence leave in accordance with applicablelegislation.
Public Holidays
PublicHolidayswill be thosedeclaredas publicholidaysin the stateor territoryin which youwork.
Althoughyouare not normallyrequired towork onpublicholidays(and will beentitledtopaidleave),
youmay berequested,and youwill notunreasonably refuse,towork ona publicholidayin order to
performyour dutiesand meet theoperationalrequirements ofthe Company,compensationforwhich
is includedin yourremuneration.
Medical Assessments
The Companymay,fromtime to time atits discretion,require youtoundergoan independentmedical
assessmentbya doctoror otherhealth professional(s)nominatedbythe Company.
Youconsenttothe doctoror health professionalreleasing the resultsofthat assessmenttothe
Company.The Companywill keepthis informationconfidentialand the Companywill onlyuse it to
assessyour abilitytoperformyour dutiesor meet theCompany’swork health andsafetyobligations,
which mayresult in the Companytakingactionincluding,but notlimitedto:
●
requiring youtoreturn to work;
●
requiring youtoleave, orremain away fromwork,fora periodoftime; or
●
ending youremployment.
Theaboverequirementisseparateto,andinadditionto,anyrequirementforahealthormedical
assessmentunder applicablelegislation.
Guarantee of AnnualEarnings
This clause,and the Company’sundertakingin thisclause, onlyappliesifat any timeduring your
employmentyour remunerationpackage(inclusive ofsalary andthe value ofnon-monetarybenefits)
exceedsthe high incomethresholdas definedin the
Fair Work Act2009
(Cth).If yourremuneration
exceedsthe high incomethreshold,forthe purposeofsection330 the
Fair Work Act2009
(Cth), the
Companyundertakesthat itwill payyouyour remuneration packageset outin thisContract ora
variation tothis Contract(inclusive ofsalary andthe value ofnon-monetarybenefits),fora periodof
at least12 months.As aresult, themodernaward youare coveredbywill notapplytoyour
employmentforthe periodduring whichthis undertakingoperates.By enteringintothis Contract,you
acceptthis undertakingand the amountofyour annual remuneration package.
This undertakingwillcontinue untilthe earlierofyour employmentwith the Companyending;you
acceptinga new undertakingfromthe Company;or youand the Companyagreeing torevokethis
undertaking.
This undertakingdoesnot affectthe rightsofeither you orthe Companytoend the employment
relationshipin accordancewith the terminationprovisionsset outin thisContract.
Compliancewith CompanyPolicies and Procedures
DuringyouremploymentyouarerequiredtocomplyatalltimeswithallCoronadoGroup’spolicies
and proceduresas variedor introducedfromtime totime.
It is yourobligationtofamiliariseyourselfwith current policiesand proceduresthat are relevant to
your employmentand tocomplyat all timeswith such policiesand procedures.The Coronado
Group’spoliciesand proceduresoperate independentlyofthis Contractand are notincorporatedinto
this Contractand are notbindingon the CoronadoGroup orthe Company.
The CoronadoGroup reservesthe righttoamend, revoke,introduceor replaceitspoliciesand
proceduresat itsdiscretion
.
Occupational Health and Safety
Youmust complywith all occupationalhealth and safetysystemsand requirementsthat are relevant
toyour work.Youmust attendtoyour worksafely,take all reasonablecare and notifyyour Leader if
youbecomeaware ofany workplacerisks.Youmust notcreate a potentialsafetyrisk toyourselfor
others inthe courseofyour employment.
Privacy
Youconsenttothe Companycollecting,storing,using anddisclosingyour personaland health
informationfor any lawfulpurposerelating toyour employment,and tothe Companytransferringyour
personaland health informationoutsideQueensland and Australiain the courseofitsbusiness
activities.
Youalso consentto the Company disclosingyour personal and health informationto third parties for
any lawfulpurposerelating toyour employment.These personsinclude theAustralian TaxOfficeor
other governmentagencies,relatedentities,superannuationfundtrustees andadministrators,
contractors,bankers, insurers, medical, rehabilitationor occupational practitioners, laboratoryanalysts,
investigators,financialand legaladvisers,potentialpurchasers onsale ofbusiness,law enforcement
bodiesand regulatoryauthorities.
ConfidentialInformation
“
ConfidentialInformation
” meansany informationwhich is confidentialand notin the publicdomain
(unlessin the publicdomainbecause ofa breach ofconfidentiality),including,but notlimitedto:
●
technical informationrelating tothe CoronadoGroup,includingitsoperations,products
and services;
●
all informationconcerningthe CoronadoGroup,itsmethodsofoperating,marketingand
other activities;
●
informationconcerning the CoronadoGroup’s customersor clientsor prospectivecustomers
or clients;
●
personalinformationaboutofficers,employeesor contractorsengagedbythe
CoronadoGroup;
●
the CoronadoGroup’spolicies,procedures,handbooks,manuals and forms;and
●
competitiveand financialinformationconcerningthe CoronadoGroup notin the
publicdomain.
During youremploymentwith the Companyyouwill have accesstoor maybecomeacquaintedwith
ConfidentialInformation.
Youmust not use or discloseConfidentialInformation,except
(a)
for the purposeofand to the extent necessarytoproperlyperformyour duties; or
(b)
where disclosureofspecificConfidentialInformationis requiredtocomplywith
any applicablelaw; or
(c)
the use or disclosureofthe Confidential Informationis agreed by the Company
in writing.
Youmust immediatelynotifythe Companyofany suspectedoractual unauthoriseduse, copyingor
disclosureofConfidentialInformation.
Youagree that upon termination ofyour employmentfor any reason you will returnto the Company all
ofthe ConfidentialInformationthat youhave in yourpossession.
Your obligationsunder this clause continue after your employmentends.
Intellectual property
For the purposeofthis clause:
Work
meansany invention,discovery,design,improvement,formula,process,technique,literary or
artisticwork,or any otheritem in whichIntellectual PropertyRightssubsistor are capableof
subsistingand iswholly orpartlycreated,made ordiscoveredbyyoueither:
(a)
during youremployment(whether or not duringordinaryworkinghours); or
(b)
otherwiseusingthefacilities,resources,time,ConfidentialInformationorany
other opportunityprovidedbythe Company,or the broaderCoronadoGroup.
IntellectualPropertyRights
meansall existingand futurerights,which may beprotectedby
copyright,patent,design,trademark orother registrationor otherformsofprotectionin Australia or
elsewhere.
Moral Rights
includesthe righttobe identifiedas the authorofthe work,the rightnot tohave any
other personidentifiedas the authorofthe work andthe rightofintegrityofauthorship(as definedin
the
CopyrightAct1968
(Cth)).
The Workand all IntellectualPropertyRightsin the Workwill belongabsolutelytothe relevant
companyor companieswithin the CoronadoGroup andyouagree todoall thingsnecessary and
execute anydocumentrequired togiveeffecttothis ownership.
Youmust immediatelyand fullydisclosetothe Companyany Workcreated,contributedto,made or
discoveredbyyouduring youremployment.
Youconsenttoany actor omissionbythe Companyor the CoronadoGroup whichwouldotherwise
infringeor breachany Moral Rightsyoumay have in anyWork madebyyouin the courseof
employment.
Youalsoagree that thisconsentand waiver extendstoany licenseesand successorsin titletothe
Companyor relevantcompanywithin the CoronadoGroup inrespect ofsuch Works, aswell as toany
personswho are authorisedbythe CoronadoGroup orbyitslicensees andsuccessorsin titletodo
actscomprisingthe copyrightofsuch Works.
Youagree toexecuteany further documentnecessaryto give effectto this.If youdonot complywith
such a requestbythe Companywithin 7 days,youauthorise the Company(or any persons
authorisedbythe Company)todoall thingsand executeall documentsnecessary togiveeffectto
that requeston yourbehalf.
For the avoidanceofdoubt,your obligationsunder thisclause continue afteryour employmentends.
Terminationof Employment
Either partymay terminate youremploymentbygivingthe other partythree (3)months'written notice.
In the eventthat theEmployerterminates youremploymentforany reason otherthan the reasonsset
forthin thisclause under subparagraphs(a), (b), (c) and(d), the Employerwill paya termination
paymentequivalent tosix(6) months'TEC.
The Employermay,at itsdiscretion,make a paymentin lieu ofnoticeforall or partofthe notice
periodor require youtowork forall or partofthe noticeperiod.In the event that youend your
employmentwithout givingthe specifiedperiodofnotice,youagree topaythe Employeran amount
equal toyour totalremuneration forthe balance ofthe noticeperiodnot served.Youagree that this
amount isa genuine pre-estimateofthe lossthe CoronadoGroup islikelytosufferbecause ofthe
failure togivethe specifiedperiodofnotice.
The Employermay terminate youremploymentimmediatelywithout noticeor paymentin lieu of
noticeifyou:
a)
engage in anyseriousor willfulmisconductincludingbycommittingany willful,seriousor
persistentbreach ofyour termsand conditionsofemploymentor any Companypolicy,
procedureor guidelineor byseriousnegligencein the performanceofyour duties:
b)
engage in anyother conduct(either at work orotherwise) whichin the reasonableopinionof
the Boardis likelytoaffectadverselythe reputationofthe Companyor the CoronadoGroup
and/orrender youunsuitable foremployment:
c)
are convictedofan offencepunishablebyImprisonment; or
d)
commitany other actthat wouldjustifysummary dismissalat law.
Ifyouremploymentisterminatedforanyoftheabovereasons,theEmployerwillpayyouuptothe
dayoftermination only.
Suspension
Withoutlimitingthe Company’sright toterminate youremploymentwithout noticein the
circumstancesset outabove,the Companymay suspendyoufromdutywith pay,or directyouto
performwork in adifferentposition,at any time during theterm ofyour employment,includingbut not
limitedtoin circumstanceswhere the Company formsthe view thatyour conduct,capacityor
performancemay warrantseriousdisciplinaryaction(includingendingofyour employment).If the
Companysuspendsyoufromduty,it mayappointsomeoneelse toyour roleforthe periodof
suspension.
RetrenchmentBenefits
In additiontothe abovenoticeperiod,ifyour employmentis terminatedbythe Companydue to
redundancy,youwill be entitledtoreceive retrenchment benefitsin accordancewith applicable
legislationas advisedtoyouand amendedfromtime totime.
Directorship
The Companymay requestyoutobecomea directorofthe Companyor any ofitsRelated Bodies
Corporate(as definedbythe
Corporations Act2001
(Cth)) withoutany additionalremuneration and
the benefitsunder this Contractare in part considerationofyouagreeing tobecomea director.
Shouldyouagree tobecomea directorofthe Companyor any ofitsRelated BodiesCorporate,on
terminationofyour employment:
(a)
youmustresignalldirectorshipsheldasaconsequenceoftheemployment,as
directedbythe Company;
(b)
you irrevocablyappointthe CompanySecretary ofthe Company,or any otherperson
nominatedbythe Board,as youragent toexecute anydocumentson yourbehalf;
and
(c)
youacknowledgeandagreethatyouhavenoentitlementtoanycompensation
forlossofoffice.
Youagree toresign asa directorifthe Chairperson orthe Companyrequires youtodo
so.Yourobligationsunder this clausesurvive theend ofyour employmentwith the
Company.
Complianceand approvals
The exerciseof,or compliancewith, any discretion,right or obligationunder this Contractis subjectto
any requiredboard or shareholderapprovals,any necessaryregulatoryconsent(being theconsentof
any entityor governmentalbodythat has statutoryor other powersover corporations)and compliance
with the Company’s(and each Coronado Group company’s)constitution,and all applicablelaws.
This clause has effectregardless ofany other provisionofthis Contract.
Company Property
Upon thecessationofyour employmentyouwill return to theCompanyor an authorisedofficerofthe
Company:
(a)
all originalsand copiesin any form(includingbut notlimitedtocomputerdata) ofall
books,
recordsand documentsrelating toyour duties,functionsand responsibilities
as an employeeofthe Companyor itsbusinessaffairs(includingcustomerlistsand
details);and
(b)
all other thingsbelongingtothe Company(includingbut notlimitedtokeys,security
cardsand passes,corporatecreditcards,mobilephones,copiesofdocumentsand
computerisedinformation).
Yourobligationsunder this clause continue after your employmentwith the Companyends.
Set Off
Immediatelyon your employmentendingor at any other time requested bythe Company,you:
(a)
agree topaytothe Companyall amountsyouowe toit ora related entity(for
example,amountssuch aspersonalexpensesincurred ona Companymobile
telephone,or amountsowingforCompanyfundedstudyassistance)or any amounts
mistakenlypaidtoyousuch asan overpayment;
(b)
authoriseand direct theCompanyto deductor withholdunpaidamountsfrommonies
otherwiseowed toyouduring employmentor upontermination ofemployment;and
(c)
acknowledgethat ifyou fail torepay any moniesowing to theCompany,includingany
amountspaid toyou by mistake,the Companymay demandand enforcethe recovery
ofsuch moniesas a debtimmediatelydue andpayablebyyoutothe Company.
Post-EmploymentRestrictions
‘ConfidentialInformation’
has the meaninggivenin the clauseofthis Contractentitled“Confidential
Information”.
‘CompetitiveBusiness’
meansany businessthat iscompetitivewith or substantiallysimilar tothe
Companyor the CoronadoGroup duringthe periodof6 monthsprecedingthe EndDate orduring the
RestrictedPeriod.
‘End Date’
means the dateon which your employmentwith the CoronadoGroup ends.
‘Entity’
means anindividual,company,partnership,jointventure (whether corporateor incorporate)or
any other body(whether corporateor incorporate).
‘PrescribedPosition’
means:
1
a positionas employee,director,secretary,companyofficer,agent,
contractor,consultantor adviserofany Entity;
2
a partner,shareholderor memberofany Entity;and
3
actingas any ofthe personsreferred toin items1 and 2 ofthis definition.
‘Restricted Area’
means:
1
Any countrywhere the CoronadoGroup hasoperations,includingat the dateof
this Contractthe United StatesofAmerica andAustralia; orfailingthat
2
The United StatesofAmerica andAustralia; orfailingthat
3
Australia; or failingthat
4
Queenslandand New SouthWales; orfailingthat
5
Queensland.
‘Restricted Period’
means:
1
the periodof12 monthsstartingon the EndDate;or failingthat
2
the periodof6 monthsstartingon the EndDate;or failingthat
3
the periodof3 monthsstartingon the EndDate;or failingthat
4
the periodof1 monthsstartingon the EndDate.
Inducing directors,employeesor contractorstoleave the Coronado Group
Youmust not(whether directlyor indirectly)during theRestrictedPeriodand in the RestrictedArea,
encourage,induce orattempttoencourage orinduce anydirector,officer,employeeor contractorof
the CoronadoGroup,with whom youhad workrelated dealingsduring the12 monthsprecedingthe
End Date,or aboutwhom youhave, orhave had, ConfidentialInformationaboutin respectoftheir
engagementwith theCoronadoGroup,toterminate his orher engagement with the entitywithin the
CoronadoGroup whichengagesthem, whetheror notthat personwouldcommita breach ofthat
person’scontractofengagement.
Persuadingthe CoronadoGroup’scustomersor suppliersto cease or reduce business
Youmust not(whether directlyor indirectly)during theRestrictedPeriodand in the RestrictedArea,
solicit,canvassor approachany personor entitywho was:
(a)
a customer,client,agencyor supplierofthe CoronadoGroup withwhom youhad work-
related dealingsduring the12 monthsimmediatelyprecedingthe EndDate orabout
whom youhave, orhave had, ConfidentialInformation;or
(b)
a potentialcustomer,potentialclient,potentialagencyor potentialsupplierofthe
CoronadoGroup withwhom, orin respectofwhom, youhad work-relateddealings
during the12 monthsprecedingthe EndDate oraboutwhom youhave, orhave had,
ConfidentialInformation,
with a view to:
(c)
obtainingthe customor businessofany suchpersonor entityforyour benefitor the benefit
ofany other person;
(d)
persuadingany suchpersonor entitytocease doingbusinesswith the CoronadoGroup;or
(e)
persuadingany suchpersonor entitytoreduce the amountofbusinesswhich the person
or entitywouldnormally do,or otherwisewouldhave done,with the CoronadoGroup.
Competingwith the Coronado Group
Youagree that youwill not(whether directlyor indirectlyand in anypositionincludinga Prescribed
Position),during theRestrictedPeriodand in the RestrictedArea, carry on,be employedby,or
engagedin or otherwiseinterested inanyCompetitiveBusiness:
(a)
forpurposesofperformingdutiesor providingserviceswhich are the same as or
similar tothoseyouprovidedtothe CoronadoGroup atany timewithin the 12
monthsimmediatelypriortothe EndDate; or
(b)
in a positionin which youcan use ConfidentialInformationtogain an advantagefor
a CompetitiveBusinessor causedetriment tothe CoronadoGroup.
Priorityofrestrictions
Youagree that youintend therestrictionsin thisclause (‘Post-EmploymentRestrictions’)tooperate
to
their maximumextent.However,shoulda courtconsiderit necessarytoreduce the extentofa
restriction,the partiesintend thatany reductionshouldbe madetothe RestrictedArea beforeany
reductionsare made tothe RestrictedPeriod.
Consent
The restrictionsin thisclause(‘Post-EmploymentRestrictions’)donotapplyin circumstanceswhere
you have obtainedthe Company’sprior written consent.
Restrictionsreasonable and inclusive
Youagree that:
(c)
youwill obtainConfidentialInformationduring youremployment,the disclosureof
which couldmaterially harm theCoronadoGroup;
(d)
the restrictionsin thisclause (‘Post-EmploymentRestrictions’)are reasonable
and necessaryforthe protectionofthe CoronadoGroup’sConfidential
Informationand goodwill;
(e)
you intendthe restrictionstooperatetothe maximumextent;
(f)
damagesmay beinadequate toprotectthe CoronadoGroup’sinterests andthe
CoronadoGroup isentitledtoseek andobtaininjunctive relief,or any otherremedy,
in any court;
(g)
the restrictionsare separate, distinctand several,sothat the unenforceabilityof
any restrictiondoesnot affectthe enforceabilityofthe other restrictions;
(h)
considerationfor these restraintsis includedin your remuneration; and
(i)
despiteanything inthis clause(‘Post-EmploymentRestrictions’),forthe purposesof
this clause(‘Post-EmploymentRestrictions’),a “substanceover form”approachis
intendedtobe takenas towhether the conductprohibitedbythis clause(‘Post-
EmploymentRestrictions’)occurred inthe RestrictedArea. For example,the provisions
in this clausewill applyif you solicitan employee locatedinsidethe RestrictedArea but
youtake the relevantaction(e.g.make a telephonecall orsend an emailtothat
employee)froma locationoutsidethe RestrictedArea.
Modificationofrestrictions
If the restrictionsin thisclause (‘Post-EmploymentRestrictions’):
(j)
are voidas unreasonableforthe protectionofthe CoronadoGroup’sinterests; and
(k)
wouldbe validifpart ofthe wordingwas deletedor the periodor area was
reduced,the restrictionswill applywith the modificationsnecessary tomake them effective.
Obligationscontinue
Yourobligationsunder thisclause (‘Post-EmploymentRestrictions’)survive theendingofyour
employment.
Entitlementto Work inAustralia
Youwarrant thatyouare legally abletoreside andwork in Australiaand youacknowledgethat your
employmentwith the Companyis conditionaluponyoubeingable tolegallyreside andwork in
Australiaat all times.
Shouldyour entitlementtowork in Australiachange youare required toadvisethe Company
immediately.If youare unable toprovideconfirmationofyour current (andupdated)entitlement to
work in Australiathis offerofemploymentwill be withdrawn oryour employmentwith the Company
will end.
General
(a)
This Contractand the letterofofferstatesall ofthe expressterms ofthe agreement
between the partiesin relation to your employmentand supersede all prior
discussions,negotiations,understandingsand agreementswith respecttoyour
employmentbythe Company.Theseterms may only be modifiedby an agreement in
writing signed bybothparties.
(b)
Any noticetobe givenunder these termsand conditionsmust begivenin writing
and maybe giveneither personallyor byregisteredmail.Any noticeyouare
required toprovidemust be handed to your Leader or mailed addressedto the
Company’smailing address.If the Company is required to provideyou with notice, it
will be either handed toyouor addressedtoyouat yourlast knownplace of
residence.
(c)
In this Contract,a reference to:
(i)
legislationistothatlegislationasamended,re-enactedorreplaced,and
includesany subordinatelegislationissuedunder it;
(ii)
apolicyorotherdocumentistothatpolicyordocumentas
amended,supplemented,replacedor novated;and
(iii)
the“CoronadoGroup”includesa referencetoanymemberofthe Coronado
Group.
(d)
Any provisionofthis Contractwhich is unenforceableor partlyunenforceableis,
where possible,tobe severedtothe extentnecessary tomake thisContract
enforceable,unless thiswouldmaterially changethe intendedeffectofthis
Contract.
(e)
These termsand conditionsand youremploymentreferred toin thisContract willbe
governedbythe laws ofQueensland.
Acceptanceof Contract
By acceptingthis Contract, youareacknowledgingthat:
(a)
youhave notrelied onany representationsregardingyour employmentmade by
the Company(or itsagentsor employees)other than mattersexpresslyset outin
this Contract;
(b)
youhave been givenan opportunitytoobtainadviceconcerningitscontents
and effect;and
(c)
youhave read andunderstandthe contentsofthis Contractand the letterofoffer
and yourobligations.
Signed:/s/Mark BoltonDated:3 August2026
Mark Bolton