If he resigns during the retention period, he will be expected to repay the gross amount received, which includes the tax portion, up to the exit date/termination date of the agreement; • The notice period of three months will be enforceable if he resigns or if his service is terminated by Telkom for any reason other than those outlined in the agreement; and that • A malus and clawback clause was included." It reiterates that "the board remains of the opinion that the right decision was taken to retain Maseko's service for two years. He remains in an advisory capacity from 1 January 2022 until 30 June 2022 to assist with completing selected strategic matters." Because he remains in an advisory capacity, he technically remains in the employ of Telkom. The remco's response does not address the shareholder concern about the retention payment being in cash, not equity. Read: Executive pay and undeserved wealth