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CCNI > SEC Filings for CCNI > Form 8-K on 30-May-2013All Recent SEC Filings

Show all filings for COMMAND CENTER, INC. | Request a Trial to NEW EDGAR Online Pro



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.

(b) Resignation of Officer. As previously disclosed in Form 8-K filed on May 20, 2013, Dan Jackson resigned as Command Center, Inc.'s (the "Company") Chief Financial Officer and as an employee on May 17, 2013.

The Company and Mr. Jackson entered into an Agreement, effective May 28, 2013 (the "Agreement"), under which: (i) the Company will continue to pay Mr. Jackson his regular compensation through August 16, 2013; (ii) the Company will pay Mr. Jackson his accrued bonus for the third quarter of 2013, subject to any withholding requirements; (iii) the exercise date of vested stock options is confirmed and any unvested stock options expired as of the effective date of the Agreement; (iv) Mr. Jackson released the Company from all employment-related claims; and, (v) additional provisions are included which are customary for agreements of this type, including nondisparagement, non-disclosure and cooperation provisions, as well as a mutual release of claims.

The description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement with Mr. Jackson, which is included with this Form 8-K as Exhibit 99.1, and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d)        Exhibits

99.1  Agreement for Settlement and Release of Claims, between
      Command Center, Inc. and Dan Jackson

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