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BKD > SEC Filings for BKD > Form 8-K on 18-Dec-2013All Recent SEC Filings

Show all filings for BROOKDALE SENIOR LIVING INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for BROOKDALE SENIOR LIVING INC.


18-Dec-2013

Change in Directors or Principal Officers, Financial Statements and


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

(e) Amendment of Associate Stock Purchase Plan

On December 12, 2013, the Board of Directors of Brookdale Senior Living Inc. (the "Company") approved the First Amendment (the "First Amendment") to the Brookdale Senior Living Inc. Associate Stock Purchase Plan (the "ASPP") to eliminate the "evergreen" provision providing for automatic annual increases in the number of shares of common stock available for issuance under the ASPP after the increase in shares that took effect on January 1, 2013. The ASPP provides eligible employees of the Company and its subsidiaries the opportunity to purchase shares of the Company's common stock on a quarterly basis at a discounted price through accumulated payroll deductions. The purpose of the ASPP is to provide an incentive for eligible employees to become stockholders.

The foregoing description of the First Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the First Amendment filed as Exhibit 10.1 hereto, which is incorporated herein by reference.

A brief description of the material terms of the ASPP is set forth in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on June 11, 2008 (the "2008 Form 8-K") and is incorporated herein by reference. That summary and the foregoing description of the ASPP are qualified in their entirety by reference to the full text of the ASPP, which was filed as Exhibit 10.1 to the 2008 Form 8-K and is incorporated herein by reference.



Item 9.01 Financial Statements and Exhibits.

(d)        Exhibits

10.1       First Amendment to Brookdale Senior Living Inc. Associate Stock
           Purchase Plan, effective as of December 12, 2013


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