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UAHC > SEC Filings for UAHC > Form 8-K on 31-Aug-2009All Recent SEC Filings

Show all filings for UNITED AMERICAN HEALTHCARE CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for UNITED AMERICAN HEALTHCARE CORP


31-Aug-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. Resignation of Chief Financial Officer
On August 27, 2009, Stephen D. Harris, the Executive Vice President and Chief Financial Officer of United American Healthcare Corporation (the "Company"), resigned from such positions. Mr. Harris will continue to serve as a director of the Company.
Appointment of Chief Financial Officer
On August 28, 2009, Anita R. Davis was appointed as the Chief Financial Officer of the Company. The Company announced the foregoing in a press release on August 31, 2009, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference. Davis, 38, brings more than 14 years of accounting and finance experience to her role at United American Healthcare. Since 2005, she was the managing member of full-service accounting firm Haynes, Maufus & Davis, PLLC. From 2003 to 2005, she served as controller of a real estate development company. Earlier in her career, Davis held positions in accounting and finance, with a focus on SEC reporting, at a large public accounting firm and a Fortune 500 automotive supplier. Davis holds a bachelor's degree in accounting from Michigan State University and is a Certified Public Accountant.
Employment Agreement
On August 28, 2009, the Company entered into an employment agreement with Ms. Davis in connection with her appointment as Chief Financial Officer. The Agreement is effective until terminated in accordance with its terms. Ms. Davis is entitled to an annual base salary of $140,000 and to participate in the standard benefit package available to all employees. The Agreement may be terminated by the Company at any time (a) for cause, in which conduct is seriously prejudicial to the Company, upon two weeks notice (or compensation in lieu thereof) or (b) without cause, upon six months notice (or compensation in lieu thereof). The Agreement may be terminated by Ms. Davis at any time upon four weeks notice. Following the termination of the Agreement, Ms. Davis will be subject to non-solicitation restrictions (within the state of Michigan) for one year and confidentiality provisions.
The foregoing summary is qualified in its entirety by the Agreement, a copy of which is filed herewith as Exhibit 10.1 and which is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.

Exhibit No.   Description

10.1          Employment Agreement, dated August 28, 2009, by and between the
              Company and Anita R. Davis.

99.1          Press Release dated August 31, 2009.


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