in off-market bids An offer to a person under an off-market bid must not be
made subject to a condition that requires the person to approve or consent to
a payment or other benefit to an officer of the target or a
related body corporate:
- (a)
- as compensation for loss of; or
- (b)
- as consideration in connection with retirement from;
any office or employment in connection with the management of the target or of
a related body corporate. A purported requirement of this kind is void.