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CEP > SEC Filings for CEP > Form 8-K on 22-Jan-2013All Recent SEC Filings

Show all filings for CONSTELLATION ENERGY PARTNERS LLC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for CONSTELLATION ENERGY PARTNERS LLC


22-Jan-2013

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 January 18, 2013, Constellation Energy Partners LLC (the "Company") notified Lisa J. Mellencamp, the Company's General Counsel and Corporate Secretary, that it was exercising its right to terminate her employment without cause effective immediately pursuant to Section 3.2(d) of her Amended and Restated Employment Agreement. This termination is part of the Company's previously announced effort to reduce general and administrative overhead expenses. Ms. Mellencamp is eligible for a severance payment pursuant to Section 5.2 of her employment agreement. The Company would like to thank Ms. Mellencamp for her service to the Company.

In the first quarter of 2013, the Company expects to incur a one-time expense of approximately $0.8 million associated with Ms. Mellencamp's termination.


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