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CMXI > SEC Filings for CMXI > Form 8-K on 15-Mar-2013All Recent SEC Filings

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

Form 8-K for CYTOMEDIX INC


15-Mar-2013

Entry into a Material Definitive Agreement, Change in Directors or Principal Office


Item 1.01. Entry into a Material Definitive Agreement

The information set forth under Item 5.02 in this Form 8-K is incorporated herein by reference.



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

On March 12, 2013, the Board of Directors of Cytomedix, Inc., a Delaware corporation (the "Company"), following the review and recommendation of the Compensation Committee of the Board, adopted the following changes to the compensation of the following named executives of the Company (the salary increases will go in effect as of April 1, 2013, subject to the Company's payroll practices) and approved amendments to respective Letters of Employment for Messrs. Rosendale, Field and Maslan as follows:

Martin Rosendale (Chief Executive Officer, director) - to approve an increase in his base annual salary to $385,000, and (ii) in recognition of his services to the Company in 2012, grant a $91,000 cash bonus,

Edward L. Field (Chief Operating Officer) - to approve an increase in his base annual salary to $290,000, and (ii) in recognition of his services to the Company in 2012, grant a $57,180 cash bonus.

Andrew S. Maslan (Chief Financial Officer) - in recognition of his services to the Company in 2012, to grant a $52,500 cash bonus.

Item 9.01 Exhibits

None.

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