Novogen Announces New Executive Service Agreements
March 31 2010 - 8:00AM
Marketwired
Novogen Limited (ASX: NRT) (NASDAQ: NVGN) advises that it has
entered into new executive service agreements with its seven most
senior executives.
The new agreements bring all the Company's executives into full
compliance with the recent amendments to the Corporations Act 2001
(Cth) on termination payments and ASX Listing Rules.
Mr. Philip Johnston, Chairman of Novogen, said the Board
appreciated the cooperation of the executives in accepting reduced
termination benefits which ensure that the contracts are in full
compliance with appropriate regulations.
Novogen Limited is an Australian biotechnology company based in
Sydney, Australia, that is developing a range of oncology
therapeutics from its proprietary flavonoid synthetic chemistry
technology platform. More information on NV-128 and on the Novogen
group of companies can be found at www.novogen.com.
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FOR FURTHER INFORMATION: DAVID SEATON, ACTING CEO, NOVOGEN
LIMITED TEL (02) 9878 0088 http://www.novogen.com CONTACT: David
Sheon 202 547-2880
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