26. Key management

Key management includes directors (executive and non-executive) and the executive management team. The compensation paid or payable to key management for employee services is presented below:

	2021		2020
	$		$

Salaries and short-term employee benefits	5,369		5,776
Share-based compensation	6,775		6,665
Cost recoveries from associates	(144	)	(300	)
	12,000		12,141

Key management employees are subject to employment agreements which provide for payments on termination of employment without cause or following a change of control providing for payments of between once to twice base salary and bonus and certain vesting acceleration clauses on restricted and deferred share units and share options.