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SPEX > SEC Filings for SPEX > Form 8-K on 3-Jul-2013All Recent SEC Filings

Show all filings for SPHERIX INC

Form 8-K for SPHERIX INC


3-Jul-2013

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On June 28, 2013, Robert Clayton elected not to extend his employment with Spherix Incorporated (the "Company") and resigned from his position as the Company's Chief Financial Officer, Treasurer and Corporate Secretary and all positions held with the Company's subsidiaries. On March 29, 2013, Mr. Clayton and the Company entered into an Extension Letter, extending Mr. Clayton's employment with the Company until June 30, 2013. Mr. Clayton did not resign due to any disagreement with the Company or its management regarding any matters relating to the Company's operations, policies or practices.

On July 1, 2013, Robert Lodder elected not to extend his employment with the Company and resigned from his position President of the Company as contemplated by the Retention Agreement previously entered with Mr. Lodder on January 22, 2013. Mr. Lodder did not resign due to any disagreement with the Company or its management regarding any matters relating to the Company's operations, policies or practices.


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