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VASCO DATA SECURITY INTERNATIONAL INC FILES (8-K) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits(Edgar Glimpses Via Acquire Media NewsEdge) ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers. On April 23, 2014, VASCO Data Security International, Inc. ("VASCO") and T. Kendall Hunt (the "Employee"), VASCO's Chairman of the Board and Chief Executive Officer, entered into the First Amendment to Amended and Restated Employment Agreement (the "First Amendment"), which extends the term of the Amended and Restated Employment Agreement effective January 1, 2011 (the "Employment Agreement"), between VASCO and the Employee, to January 1, 2015. In all other respects, the Employment Agreement shall remain unmodified and in full force and effect. The full text of the First Amendment is attached as Exhibit 10.1 to this report and is hereby incorporated by reference. ITEM 9.01 Financial Statements and Exhibits (d) Exhibits. The following Exhibits are furnished herewith: Exhibit Number Description 10.1 First Amendment to Amended and Restated Employment Agreement, dated April 23, 2014. -------------------------------------------------------------------------------- [ Back To TMCnet.com's Homepage ] |