Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
BOBE > SEC Filings for BOBE > Form 8-K/A on 18-Oct-2013All Recent SEC Filings

Show all filings for BOB EVANS FARMS INC

Form 8-K/A for BOB EVANS FARMS INC


18-Oct-2013

Change in Directors or Principal Officers, Financial Statements and Exhibit


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

Effective on August 16, 2013, the position of chief risk and compliance officer was eliminated. Richard B. Green, who held the position, resigned as a named executive officer of Bob Evans Farms, Inc. ("Company") at such time. Mr. Green has and will continue to assist in the transition of key functional areas until January 31, 2014, at which time his employment with the Company shall terminate.

The Company and Mr. Green have entered into a Severance Agreement and General Release dated October 16, 2013 ("Agreement"), a copy of which is filed herewith as Exhibit 10.1 and incorporated by reference. The following is a summary of the terms of the Agreement; the complete Agreement is attached to this Form 8-K/A and should be referenced for more information.

In consideration of Mr. Green's release of all claims he may have against the Company, if any, and for his covenants in the Agreement including, without limitation, covenants to maintain Company information as confidential; to cooperate in the defense of any claim against the Company; his agreement to complete certain critical transitional functions through his separation date; his agreement to not compete with identified businesses and not solicit employees for a period of one year following his separation date; and to not disparage the Company, the Company will provide Mr. Green with a lump sum payment of $813,915.00, less appropriate deductions and tax withholding amounts, consistent with the terms of the Agreement. Per the terms of the Agreement, Mr. Green will also be eligible to receive a pro-rata bonus for fiscal 2014 under the terms of the appropriate bonus plan, less appropriate deductions and tax withholding amounts. Mr. Green will also be entitled to any accrued and vested rights he has in any outstanding equity awards (including options), and in the Company's benefit plans.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

10.1 Severance Agreement and General Release dated October 16, 2013, between Richard B. Green and BEF Management, Inc. *

* Compensation Arrangement or Plan


  Add BOBE to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for BOBE - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.