Attached files
| file | filename |
|---|---|
| EX-10.1 - ABBOTT - CROWN MEDIA HOLDINGS INC | abbott.htm |
| EX-10.2 - STANFORD - CROWN MEDIA HOLDINGS INC | stanford.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
May
11, 2010
Date of
Report (Date of earliest event reported)
CROWN
MEDIA HOLDINGS, INC.
(Exact
name of Registrant as Specified in Charter)
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Delaware
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000-30700
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84-1524410
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||
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(State
or other Jurisdiction of Incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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12700
Ventura Boulevard
Studio
City, California 91604
(Address
of Principal Executive Offices)
(818)
755-2400
Registrant’s
telephone number, including area code
Check
the appropriate box below if the Form 8-K is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following
provisions:
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[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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ITEM
5.02
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DEPARTURE
OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF
CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN
OFFICERS
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On May
11, 2010, Crown Media Holdings, Inc. (the “Company”) amended an employment
agreement it has with William J. Abbott, President and Chief Executive Officer
of the Company. Under the amendment, the term of Mr. Abbott’s
employment has been extended through December 31, 2012. Additionally,
his annual base salary will be increased by 2.5%, to $687,000, effective June 1,
2010, and is subject to increases in the Company’s discretion in June of each
year of the term.
On May
11, 2010, the Company also amended an employment agreement it has with Charles
Stanford, Executive Vice President and General Counsel. Under such
amendment, the term of Mr. Stanford’s employment has been extended through
December 31, 2011 and his annual base salary is subject to increases in the
Company’s discretion in October of each year of the term.
ITEM
9.01 FINANCIAL
STATEMENTS AND EXHIBITS.
A list of
exhibits filed herewith is contained on the Exhibit Index, which immediately
precedes such exhibits and is incorporated herein by reference.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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CROWN
MEDIA HOLDINGS, INC.
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(Registrant)
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Date
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May
13, 2010
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By
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/s/
Charles L. Stanford
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Name:
Charles L. Stanford
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Title:
Executive Vice President and General
Counsel
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EXHIBIT
INDEX
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Exhibit
Number
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Description
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10.1
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Amendment
to Employment Agreement, dated as of May 11, 2010, by and between Crown
Media Holdings, Inc. and William
Abbott.
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10.2
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Amendment
to Employment Agreement, dated as of May 3, 2010, by and between Crown
Media Holdings, Inc. and Charles Stanford.
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