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GLOW > SEC Filings for GLOW > Form 8-K on 13-Sep-2013All Recent SEC Filings

Show all filings for GLOWPOINT, INC.

Form 8-K for GLOWPOINT, INC.


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

On September 13, 2013, Mr. Steven Peri entered into a Separation Agreement (the "Separation Agreement") with Glowpoint, Inc. (the "Company") pursuant to which his employment as the Company's Executive Vice President, General Counsel, and Secretary was terminated effective September 15, 2013.

Mr. Peri served as the Company's Executive Vice President, General Counsel, and Secretary since September 4, 2012. Mr. Peri's departure is not due to a disagreement with the Company on any matter relating to the Company's operations, policies, or practices. Under the terms of the Separation Agreement, Mr. Peri will receive, subject to certain conditions, cash severance payments equal to six months of his current base salary and a payment for his accrued bonus. The Separation Agreement also provides for a release of all claims related in any way to Mr. Peri's employment with the Company, to the fullest extent permitted by law.

The foregoing description of the Separation Agreement is qualified in its entirety by reference to the full text of the agreement, which is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated in this Item 5.02 by reference.

ITEM 9.01 Financial Statements and Exhibits

(d)  Exhibits

Exhibit No.                               Description
    10.1       Separation Agreement between Glowpoint, Inc. and Steven Peri,
               dated as of September 13, 2013.

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