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| HLTH > SEC Filings for HLTH > Form 8-K on 14-Jul-2009 | All Recent SEC Filings |
14-Jul-2009
Entry into a Material Definitive Agreement, Change in Directors or Principal Officers
To the extent required by Item 1.01 of Form 8-K, Item 5.02 of this Current Report is incorporated by reference in this Item 1.01.
HLTH Corporation, WebMD Health Corp. (the capital stock of which is
approximately 83.3% owned by HLTH) and Martin J. Wygod have entered into an
amendment, dated as of July 9, 2009 (the "Letter Amendment"), to the Employment
Agreement, dated August 3, 2005 (as amended through July 9, 2009, the
"Employment Agreement"), between HLTH and Mr. Wygod. Mr. Wygod currently serves
as both Chairman of the Board and Acting Chief Executive Officer of HLTH and as
Chairman of the Board of WebMD and is an executive officer of both HLTH and
WebMD. The Letter Amendment provides, among other things, that Mr. Wygod will
serve as Chairman of the Board of WebMD following consummation of the proposed
merger of HLTH and WebMD and will remain an executive officer of WebMD. A copy
of the Letter Amendment is filed as Exhibit 10.1 to this Current Report and is
incorporated by reference in this Item 5.02 in its entirety. In addition,
pursuant to General Instruction B.3 of Form 8-K, we are incorporating by
reference the descriptions of the Employment Agreement and the Letter Amendment
contained in the Registration Statement on Form S-4 filed by WebMD on July 10,
2009 under the captions "The Merger - Interests of Certain Persons in the Merger
- Employment Arrangements - Martin J. Wygod" and "HLTH Executive Compensation -
Employment Agreements with the HLTH Named Executive Officers - Martin J. Wygod."
Additional Information About the Proposed Merger of HLTH and WebMD and Where to
Find It:
In connection with the proposed merger of HLTH and WebMD, HLTH and WebMD have
filed, with the SEC, a preliminary proxy statement/prospectus as part of a
registration statement regarding the proposed merger. Investors and security
holders are urged to read the preliminary proxy statement/prospectus because it
contains important information about HLTH and WebMD and the proposed
transaction. Investors and security holders may obtain a free copy of the
preliminary proxy statement/prospectus at www.sec.gov or www.hlth.com or
www.wbmd.com and may obtain a free copy of the definitive proxy
statement/prospectus at the same Web sites when it is filed. Investors and
security holders are urged to read the definitive proxy statement/prospectus and
other relevant material before making any voting or investment decisions with
respect to the merger.
Participants in the Merger:
HLTH, WebMD, their directors and certain of their executive officers may be
considered participants in the solicitation of proxies in connection with the
proposed transaction. Information about the directors and executive officers of
HLTH and WebMD and their respective interests in the proposed transactions has
been set forth or incorporated by reference in the preliminary proxy
statement/prospectus that HLTH and WebMD have filed with the SEC in connection
with the proposed transaction.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits. The following exhibit is filed herewith:
Exhibit
Number Description
10.1 Letter Amendment, dated as of July 9, 2009, among HLTH Corporation, WebMD
Health Corp. and Martin J. Wygod
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