Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 21, 2009, BearingPoint, Inc. (the "Company"), BearingPoint
Australia Pty Limited ("BearingPoint Australia"), a wholly owned subsidiary of
the Company, and David R. Hunter, the Company's Chief Operating Officer, entered
into a Release Agreement whereby Mr. Hunter was terminated as the Chief
Operating Officer of the Company and as an employee of BearingPoint Australia,
effective as of August 21, 2009. Pursuant to the Release Agreement, BearingPoint
Australia will pay Mr. Hunter regular wages through August 31, 2009 and an
amount equal to AU$300,000 on or before August 31, 2009 in exchange for the
release of potential claims against the Company and its affiliates. The Company
believes that this termination is consistent with the Company's plans regarding
the liquidation of its business in connection with its bankruptcy proceedings.