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Quotes & Info
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| KFRC > SEC Filings for KFRC > Form 8-K on 8-Oct-2009 | All Recent SEC Filings |
8-Oct-2009
Change in Directors or Principal Officers, Financial Statements and Exhibits
(e) On October 2, 2009, Kforce Inc. ("Kforce") entered into an employment agreement with Randy Marmon (the "Agreement"). Pursuant to the Agreement, Mr. Marmon shall perform the duties of Chief Customer Development Officer and will be entitled to an annual base salary of at least $300,000. Mr. Marmon's Agreement extends for a rolling period of two years, unless the agreement is earlier terminated by Mr. Marmon with or without good reason, by Kforce with or without cause, or Mr. Marmon's employment is terminated by reason of voluntary retirement, death or disability. Mr. Marmon's Agreement provides for certain severance benefits upon the occurrence of specific events as described in the Agreement. Mr. Marmon is also entitled under his agreement to participate in Kforce's Supplemental Executive Retirement Plan and certain retirement health benefits.
The summary of the Agreement, above, is qualified in its entirety by the terms of the individual Agreement which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference.
(d) Exhibits.
Exhibit
Number Description
10.1 Employment Agreement, dated as of October 2, 2009, between Kforce Inc.
and Randy Marmon
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