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): December 6,
2010
Vertical
Computer Systems, Inc.
(Exact
Name of Registrant as Specified in Its Charter)
Delaware
(State or
Other Jurisdiction of Incorporation)
000-28685
|
65-0393635
|
|
(Commission
File Number)
|
(I.R.S.
Employer Identification No.)
|
101
West Renner Road, Suite 300
Richardson,
Texas
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75082
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(Address
of Principal Executive Offices)
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(Zip
Code)
|
(972)
437-5200
(Registrant’s
Telephone Number, Including Area Code)
N/A
(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:
o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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|
|
o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
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o
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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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o
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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 PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF
PRINCIPAL OFFICERS
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On
December 6, 2010, Vertical Computer Systems, Inc. (the “Company”) appointed
Freddy Holder as its principal accounting officer. Mr. Holder will
also serve as the Chief Financial Officer of the Company and its
subsidiaries.
There are
no family relationships between Mr. Holder and any employee of the Company or
any of its subsidiaries.
Mr.
Holder has over 23 years experience spanning all aspects of finance and
accounting. He started his career with the accounting firm of Ernst
& Young and has worked for both large and small multi-national public and
private companies in the software, retail and services
industries. Most recently, Mr. Holder was Director of Consulting for
Sirius Solutions, LLLP, where he was responsible for the finance and accounting
practice of the company’s North Texas region. Prior to that, he
served as the Managing Director and International Controller for FedEx Office,
where he directed all international finance operations and financial control
management of eight countries outside the United States. Mr. Holder
also served as Director of Accounting for Software Spectrum, where he was
responsible for all North American accounting operations and worldwide financial
reporting for this Fortune 1,000 publicly held software
reseller. Previous experience also includes the position of Corporate
Controller for US Data Corporation, a publicly held software development
company. Mr. Holder has held a CPA license in the state of Texas
since 1989 and received his degree from the University of Texas at
Dallas.
In
connection with Mr. Holder’s appointment, the Company agreed to issue 600,000
restricted shares of common stock pursuant to a restricted stock agreement that
provides for such shares to vest in equal annual installments over a period of
three years.
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.
VERTICAL
COMPUTER SYSTEMS, INC.
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|||
Dated: December
14, 2010
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By:
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/s/ Richard Wade | |
Richard Wade | |||
President and Chief Executive Officer | |||