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

On August 25, 2012, the board of directors (the "Board") of Vringo, Inc. (the "Company") approved, at the recommendation of the Compensation Committee of the Board, an increase in the base salary of Ellen Cohl, the Company's Chief Financial Officer, under her current employment agreement with the Company, dated October 20, 2012, to a gross monthly base salary of NIS 50,000 per month, or an aggregate of NIS 600,000 per year (approximately $149,500 per year as of August 28, 2012), effective August 10, 2012. In addition, the Board approved the acceleration of certain of Ms. Cohl's unvested stock option grants with exercise prices between $0.01 and $5.50 which will become fully vested immediately.