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EX-10.1 - EXHIBIT 10.1 - Vishay Precision Group, Inc.vpg-20151229x8kxex101.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):      
December 23, 2015

Vishay Precision Group, Inc.
(Exact Name of Registrant as Specified in Charter)
Delaware
1-34679
27-0986328
(State or Other Jurisdiction of
(Commission File Number)
(I.R.S. Employer Identification
Incorporation or Organization)
 
Number)

3 Great Valley Parkway, Suite 150
 
Malvern, PA
19355
(Address of Principal Executive Offices)
(Zip Code)

(484) 321-5300
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
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:
[   ]      
Written communications pursuant to Rule 425 under the Securities Act
 
     
[   ]      
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
 
     
[   ]      
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
 
     
[   ]      
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act











Item 5.02    Departure of Directors or Certain Officers; Compensatory Arrangements of Certain Officers.

On December 23, 2015, Vishay Precision Group, Inc. (“VPG” or the “Company”) entered into an amended and restated employment agreement (the “Amended Employment Agreement”) with Thomas Kieffer, pursuant to which, effective January 1, 2016, Mr. Kieffer will cease to be an executive officer of the Company and will assume the role of Chief Engineer, Resistive Foil Technology. Pursuant to the Amended Employment Agreement, Mr. Kieffer will receive an annual base salary and a guaranteed bonus payable in 2016.

The foregoing description is qualified in its entirety by reference to the Amended Employment Agreement, which is incorporated by reference herein and a copy of which is filed with this Current Report on Form 8-K as Exhibit 10.1.


 
Item 9.01 Financial Statements and Exhibits.
Exhibit No.
     
Description
10.1
 
Amended and Restated Employment Agreement, dated December 23, 2015, by and among the Company and Thomas Kieffer.






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.
 
Vishay Precision Group, Inc.
 
 
Date: December 29, 2015
By:  
/s/ William M. Clancy
 
 
Name: William M. Clancy
 
 
Title:    Executive Vice President and Chief
 
 
Financial Officer





EXHIBIT INDEX
Exhibit No.
     
Description
10.1
 
Amended and Restated Employment Agreement, dated December 23, 2015, by and among the Company and Thomas Kieffer.