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INOD > SEC Filings for INOD > Form 8-K on 30-Dec-2008All Recent SEC Filings

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Form 8-K for INNODATA ISOGEN INC


30-Dec-2008

Change in Directors or Principal Officers


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

(e) On December 24, 2008 Innodata Isogen, Inc. (the "Company") and Jack Abuhoff (the "Executive") entered into an amended and restated employment agreement (the "Amended Agreement") that amends and restates the employment agreement entered into between the Company and the Executive on April 26, 2006 (the "Original Employment Agreement"). A copy of the Original Employment Agreement is filed as Exhibit 10.1 to a report on Form 8-K that the Company filed on April 27, 2006. The Executive is the Chairman and CEO of the Company.

The amendments were made primarily to comply with Section 409A of the Internal Revenue Code, and with related regulations and guidance. In general, the amendments relate to the timing of payments to the Executive under the Original Employment Agreement, but do not change the amounts payable to the Executive under the Original Employment Agreement.

The foregoing summary description of the Amended Agreement is not intended to be complete and is qualified in its entirety by reference to the complete text of the Amended Agreement that is filed as an exhibit to this Report.

Item 9.01     Financial Statements and Exhibits

(d)       Exhibits

Exhibit No.   Description

10.1          Amended and Restated Employment Agreement dated as of December 24,
              2008 by and between Innodata Isogen, Inc. and Jack S. Abuhoff

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