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INWK > SEC Filings for INWK > Form 8-K on 26-Feb-2013All Recent SEC Filings

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Form 8-K for INNERWORKINGS INC


26-Feb-2013

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.

(e) Amendment to Employment Agreements. On February 22, 2013, InnerWorkings, Inc., a Delaware corporation, and each of Eric D. Belcher, Chief Executive Officer and President, and John D. Eisel, Chief Operating Officer entered into an amendment to each executive's respective employment agreement. The amendments eliminated the "modified single trigger" severance provisions from the employment agreements, which provisions had (i) required the executive to continue employment for nine (9) months following a change in control with a limited ability to terminate his employment for "good reason" during such period and (ii) provided that the executive's resignation for any reason following the aforementioned nine (9) month period after a change in control constituted "good reason" entitling the executive to severance benefits. The foregoing description of the amendments is qualified in its entirety by reference to the full text of the amendments filed as Exhibits 10.1 and 10.2 hereto, which are incorporated by reference herein.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

Exhibit No.   Description
10.1          Amendment to Employment Agreement, dated February 22, 2013, by and
              between Eric D. Belcher and InnerWorkings, Inc.

10.2          Amendment to Employment Agreement, dated February 22, 2013, by and
              between John D. Eisel and InnerWorkings, Inc.

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