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RBN > SEC Filings for RBN > Form 8-K on 9-Apr-2009All Recent SEC Filings

Show all filings for ROBBINS & MYERS INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for ROBBINS & MYERS INC


9-Apr-2009

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 On April 6, 2009, Robbins & Myers, Inc. (the "Company") informed Gary L. Brewer, Vice President of the Company and President of the Company's Process Solutions Group, that his position will be eliminated effective April 9, 2009. The Company and Mr. Brewer entered into a Severance Agreement and Release of Claims, dated April 6, 2009 (the "Severance Agreement"), under which Mr. Brewer: (A) will receive severance pay in the amount of $265,000 (which will be paid in two equal installments), continued health benefits through April 30, 2010 (provided that he is not employed by another employer that provides such benefits to him), and outplacement services, (B) acknowledged that he is bound by the confidentiality and noncompetition provisions in the Executive Officer Change in Control Agreement to which he is a party (the form of which is filed with the SEC as Exhibit 10.15 to the Company's Annual Report on Form 10-K for the fiscal year ended August 31, 2007), and (C) agreed to release all claims against the Company. A copy of the Severance Agreement is filed as Exhibit 10.1 hereto and is incorporated herein by reference.
Mr. Brewer's responsibilities are being assumed by other senior management of the Company.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits - See Index to Exhibits


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