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CICN > SEC Filings for CICN > Form 8-K on 14-Nov-2012All Recent SEC Filings

Show all filings for CICERO INC

Form 8-K for CICERO INC


14-Nov-2012

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

On November 9, 2012, the Compensation Committee of the Board of Directors of Cicero Inc. (the "Company") approved an amendment, effective September 1, 2012, to the Company's Employment Agreement with John P. Broderick, the Company's Chief Executive Officer and Chief Financial Officer, under which Mr. Broderick will be entitled to receive 1,500,000 shares of the Company's common stock in the event of the termination, with or without cause, of his employment with the Company or in the event of a change of control (as that term is defined in the Employment Agreement) of the Company.


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