Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
ACTV > SEC Filings for ACTV > Form 8-K on 26-Dec-2012All Recent SEC Filings

Show all filings for ACTIVE NETWORK INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for ACTIVE NETWORK INC


26-Dec-2012

Change in Directors or Principal Officers, Financial Statements and Exhibits


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

On December 20, 2012, the Compensation Committee of the Board of Directors of The Active Network, Inc. (the "Company") approved an amendment (the "Amendment") to the Retention Agreement, dated April 29, 2011, by and between the Company and Darko Dejanovic (the "Retention Agreement") in connection with Mr. Dejanovic's recent promotion to President of the Company. The Amendment provides that immediately upon a change of control of the Company (as defined in the Retention Agreement), and except with respect to the Performance Based Restricted Stock Units granted to Mr. Dejanovic in 2012, Mr. Dejanovic's unvested stock awards shall automatically be accelerated and vest and/or become exercisable in their entirety. In addition, in the event Mr. Dejanovic's employment is terminated following a change of control of the Company, Mr. Dejanovic's stock awards shall remain exercisable for a period of two (2) years following the date of such termination.

The foregoing description of the Amendment is qualified in its entirety by reference to Amendment No. 2 to the Retention Agreement, dated December 20, 2012, by and between the Company and Mr. Dejanovic which is filed as Exhibit 10.48 to this Form 8-K.



Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit No.      Description

10.48            Amendment No. 2 to the Retention Agreement, dated December 20,
                 2012, by and between Registrant and Darko Dejanovic.


  Add ACTV to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for ACTV - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2013 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.