Attached files
| file | filename |
|---|---|
| EX-10.1 - AGREEMENT AND RELEASE - LENCO MOBILE INC. | lenco_8k-ex1001.htm |
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 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): February 26, 2010
Lenco
Mobile Inc.
(Exact
Name of Registrant as Specified in Charter)
|
Delaware
|
000-53830
|
75-3111137
|
|
(State
or Other Jurisdiction
of
Incorporation)
|
(Commission
File Number)
|
(IRS
Employer
Identification
No.)
|
|
345
Chapala Street, Santa Barbara, California
|
93101
|
|
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
Registrant's
Telephone Number, Including Area Code: (805) 308-9199
(Former
Name or Former Address, if Changed Since Last Report)
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 (see General Instruction A.2. below):
o Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
Item 5.02.
|
Departure
of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain
Officers.
|
On February 26, 2010, Darin Heisterkamp
resigned as the president of our subsidiary, Lenco Mobile USA Inc. In
connection with Mr. Heisterkamp’s resignation, Lenco Mobile USA Inc. entered
into a separation agreement and general release with Mr.
Heisterkamp. Under the separation agreement and general release, Mr.
Heisterkamp will continue to receive his base salary through April 30,
2010. Our subsidiary, Lenco Mobile USA Inc., also agreed to pay for
Mr. Heisterkamp to continue receiving group health insurance through COBRA
continuation coverage until the earlier of December 31, 2010 or such time as Mr.
Heisterkamp is eligible for coverage under the health insurance plan of another
employer. In exchange, Mr. Heisterkamp has released Lenco Mobile USA
Inc. and its parents, subsidiaries, affiliates, directors, officers and
employees from all claims except for claims for defense and indemnification
relating to any claims brought against Mr. Heisterkamp arising out of his
employment. The separation agreement and general release also
releases Lenco Mobile USA Inc. and Mr. Heisterkamp from all obligations under
the executive employment agreement between Lenco Mobile USA Inc. and Mr.
Heisterkamp.
The
summary description of the separation agreement and general release contained in
this report is qualified by reference to the full copy of the separation
agreement and general release which is attached as Exhibit 10.1 and incorporated
herein by reference.
|
Item 9.01.
(d)
|
Financial
Statements and Exhibits.
Exhibits
|
|
Exhibit
Number
|
Description
|
|
|
10.1
|
Separation
Agreement and General Release by and between Lenco Mobile USA Inc. and
Darin Heisterkamp dated February 26,
2010
|
2
SIGNATURES
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 hereunto duly authorized.
|
Lenco
Mobile Inc.
|
|||
|
Date: March
4, 2010
|
By:
|
/s/ Michael Levinsohn | |
| Michael Levinsohn | |||
| Chief Executive Officer | |||
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