NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS NOTE 8 – KEY MANAGEMENT PERSONNEL COMPENSATION continued  b) Key Management Personnel Compensation The total cash remuneration paid to Key Management Personnel (“KMP”) of the Group during the year is as  follows: Year ended 31 December  2014  US$ 2013  US$ Short term wages and benefits  2,001,893  1,864,751  Equity settled-options based  payments  1,207,989  625,161  Post-employment benefit  56,882  55,416  3,266,764  2,545,328  c) Options Granted as Compensation d) Restricted Share Units Granted as Compensation No options were granted as compensation during each of the years ended 31 December 2014 and 2013 to  KMP from the Sundance Energy Employee Stock Option Plan. Options generally vest in five equal tranches of  20% on the grant date and each of the four subsequent anniversaries of the grant date.  RSUs awarded as compensation were 1,451,917 ($1.4 million fair value) and 623,251 ($0.6 million fair value)  during the years ended 31 December 2014 and 2013, respectively, to KMP from the Sundance Energy Long  Term Incentive Plan. RSUs generally vest in four equal tranches of 25% on the grant date and each of the three  subsequent anniversaries of the grant date.  2014 2013  Year ended 31 December  US$ US$ Cash remuneration of the auditor for:  Auditing or review of the financial report  428,888  90,941  Professional services related to filing of various Forms with the  US Securities and Exchange Commission 244,754  430,055  Non-audit services related to Texon acquisition  -  76,708  Taxation services provided by the practice of auditor  68,815 47,783  Total remuneration of the auditor  742,457 645,487  NOTE 9 – AUDITORS’ REMUNERATION  - 78 - 