COMMANDER RESOURCES LTD.  (An Exploration Stage Company)  Notes to Financial Statements  For the Years Ended December 31, 2012 and 2011  (Expressed in Canadian dollars)  15. Related Party Transactions (continued)  (b) Compensation of key management personnel  The remuneration, including share-based payments, of directors and other members of key management personnel  during the years ended December 31, 2012 and 2011 were as follows:  Key management personnel were not paid post-employment benefits, termination benefits or other long-term  benefits during the years ended December 31, 2012 and 2011.  The Company shares the cost of the office premises with several companies based on the proportion of the area  occupied. The lease of the office premises was signed by one of the companies and that company invoices other  companies. Certain of the companies are related by virtue of directors in common. The approximate annual minimum lease commitments are as follows:  Accounting $ 30,500 $ 72,000 Consulting 68,900 115,500 Geological consulting 6,300 112,110 Salaries and benefits 405,363 404,627 Share-based payments 83,038 283,752 $ 594,101 $ 987,989 2012 2011 16. Commitments  Lease Total 2013 51,501 $ 2014 52,973 2015 35,315 Total 139,789 $ - 32 - 