Document:

Service Contract between Mayne Group and Paul Binfield dated October 2003.

 EXHIBIT 19 
  

Private & Confidential 
  
 2 October 2003 
  
 Mr Paul Binfield 
 Deputy Chief Financial Officer 
 Mayne Group Limited 
 390 St Kilda Road 
 MELBOURNE VIC 3004 
  
 Dear Paul, 
  
 It is with pleasure that I offer you appointment to the position of Chief Financial Officer, under the following terms and conditions. You will report to the Group
Managing Director & CEO, Mayne and you will be located in Melbourne. 
  
 Employer 
  
 Your contract of employment is with Mayne Group
Limited ABN 56 004 073 410 (Mayne). As an employee of Mayne, you may be required to provide services to any company in the Mayne Group, and all entities which are subsidiaries of Mayne. 
  
 Contract Terms 
  
 This contract shall take effect from 1 September 2003 and will supersede in its entirety your current employment contract and arrangements, which shall be deemed to have
terminated by mutual consent as from 31 August 2003. However, for the purposes of service-related benefits of employment, your service with Mayne will be regarded as continuous from the 17 November 1999, the date you initially commenced employment
with the Group or a related company. 
  
 Duties 
  
 Your specific duties and responsibilities in this position are as set out in the attached
position description. You may, however, be required to undertake other duties and responsibilities from time to time in addition to or as variations of the duties and responsibilities of the position. As a consequence, or for other reasons, your
reporting responsibility and/or position title may also be altered from time to time. In this event, your remuneration and other benefits under this contract will not be altered without your consent, except to the extent that this contract permits.

  
 Remuneration 
  
 Your remuneration will be made up of a total employment cost (TEC) at the rate of
$400,000p.a., inclusive of salary, Superannuation and benefits you may wish to charge to the TEC. 
  

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 Your remuneration will next be reviewed in June 2004, with any increase, which may arise from the review, being effective
on 1 July 2004. Thereafter your remuneration will be reviewed annually in June, with any increase which may arise to be effective 1 July. The review and operative dates may be altered by Mayne from time to time. 
  
 Senior Executive Short Term Incentive Plan 
  
 You will be eligible to participate in the Mayne Group Senior Executive Short Term Incentive
Plan (SESTIP), pursuant to which an award of an amount equal to a proportion of your fixed annual remuneration determined by the Board may be made to you where specified performance conditions are satisfied. 
  
 The Plan is designed to provide both a short term and a medium term incentive to senior
executives. The short term incentive will be satisfied by payment of part of any amount awarded to you in cash. The medium term incentive is provided in the form of Mayne Shares purchased through a nominated percentage of the amount awarded.

  
 Under separate correspondence you will receive an invitation to participate in
the SESTIP which will include the Rules of the SESTIP, the maximum amount that may be awarded to you, the performance criteria against which the incentive award will be assessed and the rights and obligations applicable to the allocation of shares.

  
 Participation in the SESTIP will be subject to your acceptance of the terms
set out in the invitation. 
  
 Superannuation 
  
 You will be required to remain a member of the Mayne Group Superannuation Fund. 

 
 Salary for Superannuation will be at the rate of 92% of TEC, and full details of the range
of Superannuation entitlements are supplied in the Member’s Booklet, which is already in your possession. 
  
 The benefits provided in the Superannuation Fund and the contributions made by Mayne meet the Superannuation Guarantee requirements. 
  
 Re-assignment 
  
 Mayne has a policy in which it reserves the right to reassign employees geographically from time to time. Such reassignment will occur after consultation and agreement
with you, particularly as to your career development and your own circumstances. 
  
 Termination of Employment 
  
 You may resign from your employment
and terminate this contract by giving to Mayne no less than six (6) months’ notice in writing. If you do so, Mayne is not obliged to provide you with duties during the notice period. Mayne reserves the right to require you to serve the notice
period on an active or passive basis. 
  

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 Similarly, Mayne may, at any time, terminate your employment by giving no less than six (6) months’ notice in
writing or payment in lieu. Payment in lieu of notice will be at the rate equivalent to your TEC for the period of notice. 
  
 In the case of serious misconduct (including disclosure of confidential information or other serious or continuing breaches of this contract) Mayne may terminate your
employment without notice. In this case you will receive only accrued but un-taken leave entitlements. 
  
 Retrenchment 
  
 If your employment is
terminated on the grounds of redundancy, retrenchment benefits payable to you will accord with the terms of the retrenchment policy applicable to Mayne staff at that time, except that, the payment in respect of notice will be not less than the
notice period provided above. 
  
 Mayne Group Policies 
  
 You will be required to comply with Mayne Group policies and procedures generally, as
established and varied from time to time. 
  
 Confidentiality 

 
 It is agreed that, without limiting any express or implied obligation of confidentiality
upon you under any statute (including the corporation law) you undertake that you will not divulge to any person or use any trade secrets or confidential information concerning the business, financial arrangements or any further information, which
is not publicly available, except with the written authority of the undersigned. 
  
 Restriction on Activities 
  
 It is agreed that you will not
during your employment with Mayne or within six months after cessation, either on your own account or jointly with any other person, or company, solicit interfere with or endeavor to entice away from Mayne or its subsidiaries any employee or
customer of the Group. 
  
 Applicable Law 
  
 This contract of employment will be governed by the law of the State of Victoria.

  
 Schedule of Benefits 
  
 The employment benefits applicable to you in this position are recorded in the attached
schedule. 
  
 Date of Effect 
  
 This contract takes effect on the 1 September 2003. 
  

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 Attachments 
  
 The enclosed attachments to this letter form part of the terms and conditions of your contract of employment. 
  
 Acceptance 
  
 To signify your acceptance of this offer of employment under the conditions outlined above, please sign, date, and return the duplicate of
this letter to me. 
  
 Yours sincerely,

  
 STUART JAMES 
 Group Managing Director & CEO 
  
 Att:    Schedule of Benefits 
  TEC Schedule 
  Position Description 
  
 I acknowledge having received and read this letter and each of its attachments, and I accept the offer of employment on the terms set out in this letter.

  

	  

	Paul Binfield
	
	Date:     /     /     

  

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 SCHEDULE OF BENEFITS 
  

	 Name:
	    	Paul Binfield
		
	 Position:
	    	Chief Financial Officer
		
	 Date:
	    	1 September 2003

  

  
 These benefits apply subject to the variations contained in the covering letter. Full details of the benefits and conditions are available
from Group General Manager, Personnel. 
  
 Annual Leave 
  
 Annual leave will continue to accrue at the rate of 4 weeks (20 working days) per annum.
Leave loading is included in the TEC package. 
  
 Sick Leave 
  
 Sick leave credit will continue to accrue at the rate of 10 days on the anniversary of each
complete year of service to a maximum of 52 weeks credit. Discretion will apply to the payment for sick leave beyond available credits. 
  
 Long Service Leave 
  
 Long service leave of 13 weeks becomes due after 15 years continuous service. Thereafter, long service leave accrues a rate of 4 and 1/3 weeks for each 5 years service. 
  
 Where the provisions of State legislation exceeds the above, the State legislation shall
apply. 
  
 Other Leave 
  
 Provisions with respect to other leave will be in accordance with the guidelines issued to
Mayne staff from time to time. 
  
 Contact and Entertainment Expenses

  
 Contact and entertainment expenses which are business related and of
benefit to the company will be reimbursed through the process of claim and approval by the Group Managing Director & CEO, Mayne. 
  
 Class of Air Travel 
  
 Domestic and International air travel on company business shall be business class. 
  
 * * * * * * 
  

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 TOTAL EMPLOYMENT COST (TEC) 
 SCHEDULE 
  
 PAUL BINFIELD 
  
 Effective: 1 September 2003 

 

	 Previous TEC

	    	 Revised TEC

	 Salary & Benefits
	  	$	266,880	    	Salary & Benefits	  	$	355,840
	 Superannuation
 (12%* of $276,000#)
	  	$	33,120	    	 Superannuation
 (12%* of
$368,000#)
	  	$	44,160
	 TEC
	  	$	300,000	    	TEC	  	$	400,000

  

	 Senior Executive Short Term Incentive Plan (SESTIP)

	 Maximum
	  	 100% of TEC
	  	$	400,000

	*	Superannuation benefit factor of 12% 

	#	Salary for Superannuation is $368,000 (92% of TEC) 

  

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                                                         [Letterhead of Telstra]

       Office of the Chairman

       Level 41
       242 Exhibition Street         T 03 9634 7122
       Melbourne VIC 3000            F 03 9632 3341
       Australia
       Locked Bag 4990
       Melbourne VIC 8100

27 August 2003

Dr Ziggy Switkowski
Level 40, 242 Exhibition Street
Melbourne Vic 3000

Dear Ziggy,

On behalf of the Board of the Telstra Corporation, (the Board), I am very
pleased to confirm the offer to you of the following revised terms of employment
in the role of Chief Executive Officer of Telstra Corporation Limited
('Telstra').

1    ENGAGEMENT

     1.1    This agreement will commence on l September 2003, and continue until
            31 December 2007, an extension of 3 years and 10 months on your
            current contract, unless terminated earlier in accordance with this
            agreement. This agreement replaces your current contract.

     1.2    You shall exercise the powers consistent with the office of Chief
            Executive Officer as may be assigned to or vested to you by the
            Board from time to time.

     1.3    You will report directly to the Board and must provide prompt and
            full information of your conduct of the business and affairs of
            Telstra to the Board and conform and comply at all times with the
            reasonable directions given to you by the Board.

     1.4    A close and constructive relationship with the Chairman of the Board
            will continue to be critical to your success in this role. The
            Chairman will be your principal point of contact and referral
            between Board meetings.

     1.5    You will comply with Company policy.

2    PERFORMANCE

     2.1    You are required to perform your role in a proper and efficient
            manner. You will be expected to devote your time, attention and
            energy to the performance of your duties and achieving your
            accountabilities and to use your best endeavours to promote and
            enhance the interests of the Telstra Group, in a manner that is
            consistent with the Telstra Values.

     2.2    Except with the written consent of the Chairman of the Board, you
            must not undertake, be employed in connection with or have any
            interest in any other business or profession during your employment
            under this Agreement, other than by way of holding any shares or
            other securities which are publicly listed or in a private family
            company or otherwise available to the general public by way of
            investment

                                                     Telstra Corporation Limited
                                                     ABN 33 051 775 556

<PAGE>

3    REMUNERATION

     The Remuneration Summary (Attachment l) annexed to this Agreement details
     your remuneration package. No other remuneration arrangements exist outside
     this framework unless explicitly approved by the Board. The attached
     summary provides your remuneration from 1 September 2003. This will be
     reviewed from October each subsequent year. The performance of the company,
     and your own performance, will influence these reviews.

4    LEAVE

     4.1    You will accrue annual leave and long service leave in accordance
            with Telstra policy, which can be taken at a time agreed between you
            and the Board. The relevant date for the purposes of long service
            leave will be your original commencement date of l September 1997.

     4.2    Sick leave will be by agreement with the Board.

5    TERMINATION OF YOUR EMPLOYMENT

     5.1    Your employment may be terminated by either party giving not less
            than six (6) months written notice to the other party.

     5.2    If the Board terminates your employment on notice, you may be
            required to remain in Telstra's service for all or part of the
            notice period; be paid at your Fixed Remuneration rate in lieu of
            notice; or be paid at your Fixed Remuneration rate for the notice
            period but not required to attend for work during the notice period.
            This will be determined through negotiation between you and the
            Board.

     5.3    The Board may terminate your employment if you commit any act of
            serious misconduct, which includes breach of Telstra Policy. In the
            event of such termination you will be entitled only to Fixed
            Remuneration to the date of termination, which shall be immediate.

     5.4    If the Board terminates your employment for any reason other than
            serious misconduct, you will receive, in addition to any payment in
            lieu of notice, a termination payment which is the lesser of:

            (a)   Your Fixed Remuneration for the period through to completion
                  of this contract; and

            (b)   Twelve (12) months Fixed Remuneration.

            You acknowledge and agree that in part this payment is to
            compensate you for the restraint agreed to in Clause 6.

     5.5    The Board notes that these termination arrangements are consistent
            with and no more favourable than those currently in place for your
            senior leadership team.

6    FUTURE EMPLOYMENT

     If your employment with Telstra ceases for any reason you must not (without
     the prior written consent of Telstra) be employed by, or provide services
     as an agent, independent contractor or in any other capacity to, any
     telecommunications business or any business of a like or similar nature to
     that conducted by Telstra, whether in Australia or overseas, for the
     minimum period of notice specified in clause 5.1 of the Agreement (whether
     or not a payment is made in lieu of this period). This period will commence
     from the date that the notice period commences or the payment in lieu of
     notice is made. Each element of this restraint operates to the extent to

<PAGE>

     which it is deemed reasonable by any court. Part of the remuneration and
     benefits, including, but not limited to, the notice and termination
     payments set out in clause 5, provided to you by Telstra is specifically
     referable to this obligation and your agreement to this term is an
     acknowledgment that this term is reasonable and goes no further than is
     necessary to protect the interests and Confidential Information of Telstra
     and its Related Bodies Corporate.

7    BENEFITS

     You will continue to be provided with telecommunications and related
     products, services and equipment for business, personal and domestic use.
     In addition, Telstra will pay for the travel and accommodation of your
     spouse in accordance with normal Telstra policy when she travels with you
     on Company business.

8    INDEMNITY

     As you are appointed to positions of statutory responsibility and
     accountability in companies formed or acquired by Telstra, the Telstra
     Directors' and Officer Liability Policy will apply.

9    ENTIRE AGREEMENT

     This agreement is made under the laws of Victoria. Please indicate your
     acceptance of the terms and conditions outlined in this letter by signing
     the duplicate copy where indicated on each page and returning it to me as
     soon as possible

     This document together with any Attachments records the agreement between
     us. No previous negotiations, understandings, contracts, agreements,
     representations, warranties, memoranda or commitments will affect the terms
     and conditions of your employment by Telstra.

     I and the Board look forward to working closely with you over the next four
     years.

     Yours sincerely

     /s/ Robert C Mansfield
     Robert C Mansfield AO
     Chairman

     I confirm acceptance of the terms and conditions set out in this letter.

     /s/ Ziggy Switkowski                                27-8-03
     ---------------------------------    --------------------------------------
     Ziggy Switkowski                                     Date

<PAGE>

                                                                    Attachment 1
                                  REMUNERATION

Remuneration Framework
Your remuneration is comprised of the following elements:

Fixed Remuneration is the annual cash component of your remuneration which
includes salary, superannuation, benefits and any fringe benefit tax incurred by
Telstra in providing your remuneration package. From 1 September 2003 this will
be $1,455,000 and it will be reviewed annually from October each year.

Annual Manager Incentive Payment is an "at risk" element of your Remuneration
and is to be paid through participation in Telstra's Manager Incentive Plan (as
amended or replaced from time to time). This will be calculated at 75% of your
Fixed Remuneration if targets are achieved. The actual payment you will receive
may differ to this depending on your performance and that of the Company. You
can achieve up to 2 times the "on target" payment (ie, 150% of Fixed
Remuneration) if pre-defined stretch objectives are achieved. This will require
significant over performance by the Company and you personally.

Total Remuneration is the aggregate amount of your Fixed Remuneration and the
Annual Manager Incentive Payment.

Deferred Remuneration is paid to you in the form of Deferred Shares which are
held in trust for a period of three years, or until you cease employment (other
than for summarily dismissal), whichever is the earlier. On allocation these
shares will have a value equal to 50% of your Total Remuneration. If you cease
employment on the completion of this contract, these Deferred Shares will vest
to you without any adjustment to the numbers allocated. If you cease employment
with Telstra under clause 5.2 prior to the completion of this contract, your
allocations will be adjusted in accordance with Telstra policy.

Long Term Incentive Plan is delivered through participation in the Company Long
Term Incentive Plan in the form of Performance Share Rights. These will be
allocated at 50% of your Total Remuneration for achieving the target hurdle. To
vest, the relevant hurdle must be achieved between the 3/rd/ and 5/th/
anniversary of allocation. Up to an additional 50% of Performance Rights may
vest for superior performance above the target hurdle. If you cease employment
on completion of this contract, you will have the opportunity to retain the full
allocations of the performance share rights made prior to you ceasing
employment, or alternatively, you may elect to have them lapse. If you cease
employment with Telstra under clause 5.2 prior to the completion of this
contract, your allocations will be adjusted in accordance with Telstra policy.

Total Package is the aggregate of your Total Remuneration, Deferred Remuneration
and the Long Term Incentive Plan.

Annual Review of Remuneration
Telstra reviews the remuneration arrangements each year and will take into
account relevant factors including performance and prevailing market conditions
in establishing your remuneration level. This review will be effective from 1
October each year. Any change to your remuneration level will be reflected in a
new Remuneration Summary.

Other Benefits
You will be provided with telecommunications and related products and service in
accordance with clause 7 of this agreement. Where these are for personal use the
value of these items will be identified, and where applicable fringe benefit tax
paid. These values will be reported as part of your remuneration in the annual
report.

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