Attached files
file | filename |
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EX-10.1 - EX-10.1 - EF Johnson Technologies, Inc. | a10-1573_1ex10d1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
Current Report Pursuant
to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 5, 2010
EF Johnson Technologies, Inc.
(Exact name of registrant as specified in its charter)
DELAWARE |
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0-21681 |
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47-0801192 |
(State or other jurisdiction of incorporation) |
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(Commission File Number) |
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(I.R.S. Employer Identification Number) |
1440 Corporate Drive, Irving, TX 75038
(Address of principal executive offices and zip code)
Registrants telephone number, including area code: (972) 819-0700
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
Item 5.02. Departure Of Directors Or Principal Officers; Election Of Directors; Appointment Of Principal Officers
On January 5, 2010, Mr. Massoud Safavi, who was serving as Chief Operating Officer of EF Johnson Technologies, Inc. (the Company), provided his resignation to the Company effective as of January 5, 2010. Pursuant to the terms of a Separation Agreement between Mr. Safavi and the Company, Mr. Safavi will receive separation pay in the amount of $216,666.66, which amount is equal to eight (8) months base salary. The separation pay will be paid in accordance with the Companys normal payroll procedures over a period of eight (8) months. In the event Mr. Safavi finds full time employment before the end of the eight month period, the Companys obligation to pay the separation pay will cease. In addition, Mr. Safavi will receive health insurance at least equal to the benefits provided to active employees of the Company for twelve months. In accordance with the Age Discrimination in Employment Act, Mr. Safavi has seven (7) days following the date of the Separation Agreement to revoke it. A copy of the Separation Agreement is attached hereto as Exhibit 10.1 and incorporated herein by reference.
Item 9.01 EXHIBITS
(d) The following is a list of the exhibits filed herewith.
Exhibit |
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Description |
10.1 |
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Safavi Separation Agreement, dated January 5, 2010 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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EF Johnson Technologies, Inc. |
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(Registrant) |
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January 11, 2010 |
By: |
/s/ Elaine Flud Rodriguez |
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Sr. Vice President and General Counsel |