Three Percent of Value Created

"‘I don’t want a fixed package, and you can fire me on 24 hours’ notice,’ Bekker told Vosloo. But he added: ‘I want 3 per cent of the long-term value created above inflation.’11"

"‘So, we start on a certain day, and then there is a value, and then we measure it again after five years. And we say, if the value is only that, or only that plus inflation, then you take home nothing,’ went his conversation with Vosloo.16"

"‘The sole benefit to Mr Bekker consists of an offer made on the day before assuming duty, i.e. on 31 March 2008, of an option in terms of the rules of the Naspers Limited Share Trust to acquire 11 687 808 Naspers N ordinary shares, which, as before, equals 3 per cent of the company’s outstanding shares,’ the company announced."