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VNUS > SEC Filings for VNUS > Form 8-K on 24-Mar-2009All Recent SEC Filings

Show all filings for VNUS MEDICAL TECHNOLOGIES INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for VNUS MEDICAL TECHNOLOGIES INC


24-Mar-2009

Change in Directors or Principal Officers, Financial Statements and


Item 5.02(e). Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 18, 2009, the Board of Directors of VNUS Medical Technologies, Inc. (the "Company") approved the amendment and restatement of the Company's Amended and Restated VNUS Severance Plan for Management and Key Employees (the "Amended Severance Plan"). The Amended Severance Plan increases the payments due to the Chief Executive Officer of the Company upon a qualifying termination (i) within the first year following a change of control, from 100% to 200% of base salary and bonus and (ii) between one and two years following a change of control, from 67% to 100% of base salary and bonus.
A copy of the Amended Severance Plan is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.



Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.

Exhibit No. Description

10.1 Amended and Restated VNUS Severance Plan for Management and Key Employees.


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