From the ABC news site
a week before Rex announced a trading halt, it issued a statement to the ASX with a new set of conditions entitling Mr Howell to 12 months' notice for his termination period.
Perhaps more importantly, the new provisions allowed that in the event there was a "significant change to his duties or responsibilities, or a change which substantially diminishes his position, the company will immediately terminate his employment and make payment in lieu of 12 months notice".
Im trying to find definitions for golden parachute and insider trading too on a seperate matter but I just cant find any good examples…