Item 8.01. Other Events.
On April 30, 2009, the Compensation and Benefits Committee (the "Compensation
Committee") of the Board of Directors of The Western Union Company (the
"Company") determined that, in the event of a change of control, the Company
will no longer provide to new executive officers gross-up payments offsetting
the impact of the excise tax or any associated interest or penalties imposed by
Section 4999 of the Internal Revenue Code of 1986, as amended, on excess
parachute payments.
Add
WU to Portfolio
Set Alert
Email to a
Friend