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EX-10.1 - EX-10.1 - Niska Gas Storage Partners LLCa11-1411_1ex10d1.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): January 5, 2011 (January 1, 2011)

 

Niska Gas Storage Partners LLC

(Exact name of registrant as specified in its charter)

 

Delaware

(State or other jurisdiction

of incorporation or organization)

 

001-34733

(Commission

File Number)

 

27-1855740

(IRS Employer

Identification No.)

 

1001 Fannin Street, Suite 2500
Houston, Texas 77002
(Address of principal executive office) (Zip Code)

 

(281) 404-1890
(Registrants’ telephone number, including area code)

 

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 (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.

 

Mr. Vance E. Powers was appointed as Chief Financial Officer of Niska Gas Storage Partners LLC (the “Company”) effective January 1, 2011.  Mr. Powers succeeds Darin T. Olson, who continues as Vice President, Finance. Concurrently with his appointment, Mr. Powers entered into an Offer of Employment with the Company. Pursuant to the Offer of Employment, Mr. Powers will receive a base gross salary of US$220,000.00 per year, vacation pay, benefits and 401K, less applicable statutory deductions.

 

The foregoing description is intended only as a summary of the provisions of the Offer of Employment and is qualified in its entirety by reference to the attached Offer of Employment, which is filed as Exhibit 10.1 to this Form 8-K and is hereby incorporated by reference herein.

 

Item 9.01.  Financial Statements and Exhibits.

 

(d) Exhibits.

 

10.1

 

Offer of Employment effective as of January 1, 2011, by and between Niska Gas Storage and Vance E. Powers.

 

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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 thereunto duly authorized.

 

 

NISKA GAS STORAGE PARTNERS LLC

 

 

 

 

Dated: January 4, 2011

By:

/s/ Jason A. Dubchak

 

 

Name:

Jason A. Dubchak

 

 

Title:

Vice President, General Counsel and

 

 

 

Corporate Secretary

 

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EXHIBIT INDEX

 

Exhibit No.

 

Exhibit

10.1

 

Offer of Employment effective as of January 1, 2011, by and between Niska Gas Storage and Vance E. Powers.

 

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