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Quotes & Info
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| HTCO > SEC Filings for HTCO > Form 8-K on 28-Sep-2012 | All Recent SEC Filings |
28-Sep-2012
Change in Directors or Principal Officers, Financial Statements and Exhibits
On September 26, 2012, Walter A. Prahl, a Corporate Vice President of HickoryTech and the Company's President of Business and Wholesale Solutions, announced his retirement in association with some organizational changes within the company. Mr. Prahl will retire on December 31, 2012. The Company entered into a Severance and General Release Agreement with Mr. Prahl which includes a one-year non-competition provision, a confidentiality provision and other matters. Under the agreement, HickoryTech will provide Mr. Prahl with a cash payment equivalent to one year of base salary, made in a series of four payments. The agreement and cash payment are subject to a statutory 15 day rescission provision and require an additional release of claims to be signed as of December 31, 2012. Mr. Prahl will assist with an orderly transition of his responsibilities over the next few months.
(c) Exhibits.
99.1 Press Release, dated September 28, 2012, issued by Hickory Tech Corporation
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