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RPXC > SEC Filings for RPXC > Form 8-K on 13-Mar-2013All Recent SEC Filings

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Form 8-K for RPX CORP


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 Compensatory Arrangements of Certain Officers On March 7, 2012, Adam Spiegel, Chief Financial Officer, Senior Vice President, Finance and Treasurer of RPX Corporation, a Delaware corporation (the "Company"), entered into a separation agreement and general release of claims with the Company. Mr. Spiegel will continue to be employed by and provide transition services to the Company through May 1, 2013, during which time he will continue to receive his regular salary and remain eligible for the Company's standard benefits generally available to other employees of the Company. The Company will also pay Mr. Spiegel, as severance, an amount in cash of $157,500 that is equivalent to six months of his base salary. In addition, the Company will pay up to six months of premiums on behalf of Mr. Spiegel to extend his health, dental and vision insurance under COBRA. The Company will accelerate the vesting of 103,292 unvested stock options and 781 unvested restricted stock units under Mr. Spiegel's previous awards, as well as extend the period he has to exercise a portion of the stock options for an additional nine months. Receipt of these benefits is contingent upon the effectiveness of Mr. Spiegel's general release of claims. Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit No.   Description
              Separation Agreement between RPX Corporation and Adam Spiegel dated
10.1          March 7, 2013

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