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

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
TRLG > SEC Filings for TRLG > Form 8-K on 1-Mar-2013All Recent SEC Filings

Show all filings for TRUE RELIGION APPAREL INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for TRUE RELIGION APPAREL INC


1-Mar-2013

Other Events


Item 8.01 Other Events.

Jeffrey Lubell, Chairman of the Board, Chief Executive Officer and Creative Director of the True Religion Apparel, Inc. (the "Company") and the Company are parties to an Employment Agreement, dated January 4, 2006, as amended (the "Employment Agreement").

On February 26, 2013 the Company informed Mr. Lubell that it had determined not to extend the term of the Employment Agreement at the time of its scheduled termination on June 30, 2013.

In October 2012, we announced our Board of Directors had formed a Special Committee comprised of its non-management directors to explore and evaluate potential strategic alternatives available to the Company. In light of this continuing review, the Company believes that it would not be appropriate to renew the Employment Agreement for an additional three-year period at this time. The Company further informed Mr. Lubell that it would like the opportunity to explore an alternative arrangement with him.

Notwithstanding the determination not to renew the existing Employment Agreement, Mr. Lubell continues as Chairman of the Board, Chief Executive Officer and Creative Director of the Company.

The Special Committee's review of strategic alternatives available to the Company is ongoing. No decision has been made to engage in a transaction or transactions, and there can be no assurance that any transaction or any other strategic alternative will occur or, if undertaken, the terms or timing thereof.


  Add TRLG to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for TRLG - 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.