Attached files
file | filename |
---|---|
EX-10.1 - ICAHN ENTERPRISES L.P. | v207021_ex10-1.htm |
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 31, 2010
ICAHN
ENTERPRISES L.P.
(Exact
Name of Registrant as Specified in Its Charter)
Delaware
|
1-9516
|
13-3398766
|
(State
or Other Jurisdiction of Incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification No.)
|
767
Fifth Avenue, Suite 4700, New York, NY 10153
(Address
of Principal Executive Offices) (Zip Code)
(212)
702-4300
(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:
¨
|
Written
communication pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
¨
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
¨
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
|
¨
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
Section 5
– Corporate Governance and Management
Item
5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On
December 31, 2010, Dominick Ragone (the “Employee”) entered into an employment
agreement (the “Agreement”) with
Icahn Enterprises Holdings L.P. (“Icahn Enterprises Holdings”), the term of
which commences on January 1, 2011. This agreement supersedes and
replaces the employment agreement entered into by the parties hereto dated May
1, 2008.
Pursuant
to the Agreement, Mr. Ragone serves as Chief Financial Officer of Icahn
Enterprises L.P. and Icahn Enterprises Holdings. Mr. Ragone’s employment
period shall continue through December 31, 2011, unless otherwise terminated
earlier pursuant to the terms of the Agreement.
Pursuant
to the Agreement, Mr. Ragone is entitled to (i) a base salary of $425,000 for
the calendar year 2011 (the “Base Salary”), (ii) receive a bonus payment of
$250,000 on June 30, 2011 unless the employment of Employee has terminated
prior to June 30, 2011, and (iii) receive a bonus payment of $425,000 on
December 31, 2011 unless the employment of Employee has terminated effective
prior to December 31, 2011. Mr. Ragone will also be entitled to receive a
special bonus from the Company in the amount of $193,925 on July 1, 2011 (the
“Special Payment Date”), if and only if, Employee is actively employed on a full
time basis by the Company on the Special Payment Date.
The
foregoing description of the Agreement does not purport to be complete and is
qualified in its entirety by reference to the Agreement, which is filed as
Exhibit 10.1 hereto and is incorporated into this Current Report on Form
8-K by reference.
Section
9 - Financial Statements and Exhibits
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
10.1 –
Employment Agreement dated December 31, 2010.
[Remainder
of page intentionally left blank; signature page follows]
SIGNATURE
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.
ICAHN ENTERPRISES
L.P.
|
||
(Registrant)
|
||
By: | Icahn Enterprises G.P. Inc., | |
its general partner | ||
By:
|
/s/
Dominick Ragone
|
|
Dominick
Ragone
|
||
Chief
Financial Officer
|
||
Date: January 3, 2011 |