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BVSN > SEC Filings for BVSN > Form 8-K on 27-Oct-2009All Recent SEC Filings

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Form 8-K for BROADVISION INC


27-Oct-2009

Change in Directors or Principal Officers, Financial Statements and Exhibits


Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

1. Severance Benefit Plan

On October 21, 2009, the Board of Directors of BroadVision, Inc. (the "Company") approved the amendment of the Company's Severance Benefit Plan (the "Plan"), which was previously approved on March 26, 2007. The amendment alters the benefits accrual and caps on such accrual under the Plan for certain eligible employees of the Company. The description contained in this Item 5.02 of the Plan is qualified in its entirely by reference to the full text of the amended Plan, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description
10.1 BroadVision, Inc. Severance Benefit Plan, as amended


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