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EX-10.1 - EXHIBIT 10.1 - RYU APPAREL INC.ex10_1.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):  October 18, 2012


Respect Your Universe, Inc.
(Exact name of registrant as specified in its charter)
 
 
NEVADA
   333-166171
   20-0641026
 
 
(State or other jurisdiction
      of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
 


 
 
5940 S. Rainbow Blvd
Las Vegas, Nevada
89118
 
 
(Address of principal executive
offices)
(Zip Code)
 
 
 

Registrant's telephone number, including area code:  (888) 445-6183



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
 
Appointment of Kofi Brown as Chief Marketing Officer

On October 18, 2012, the Board of Directors appointed Kofi Brown as our Chief Marketing Officer.

We have entered into an at-will employment offer letter with Mr. Brown effective October 18, 2012. Mr. Brown will receive an annual base salary of $175,000.  He will also receive $19,000 reimbursement for household moving expenses, and additional benefits and compensation in such form and to such extent as provided to other employees.
 
A copy of Mr. Brown’s employment offer letter is filed as Exhibit 10.1 hereto.
 
 ITEM 9.01          FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits

10.1           Employment Offer Letter between Company and Kofi Brown dated October 18, 2012.



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.

Respect Your Universe, Inc.
 
Dated:
October 23, 2012
   
By:
/s/ Kristian Andresen
 
Kristian Andresen
 
Corporate Secretary