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Related Party Transactions
 12 Months Ended
Dec. 31, 2018
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 21. RELATED PARTY TRANSACTIONS

Compensation of Key Management Personnel

The remuneration of key management personnel is as follows:

 

 

 

2018

 

 

2017

 

Salaries and other benefits

 

$

6,732

 

 

$

6,078

 

Equity settled share based compensation

 

 

5,562

 

 

 

3,036

 

Cash settled share based compensation

 

 

722

 

 

 

(3,945

)

 

 

$

13,016

 

 

$

5,169

 

 

Key management personnel are comprised of the directors and executive officers of the Corporation. Certain executive officers have entered into employment agreements with Precision that provide termination benefits of up to 24 months base salary plus up to two times targeted incentive compensation upon dismissal without cause.