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IDT > SEC Filings for IDT > Form 8-K/A on 27-Dec-2013All Recent SEC Filings

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Form 8-K/A for IDT CORP


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.

(e) On a Form 8-K filed with the Securities and Exchange Commission on November 29, 2013 (the "Original 8-K"), IDT Corporation (the "Registrant" or the "Company") announced that the Compensation Committee of the Company's Board of Directors had approved a compensatory arrangement with Howard Jonas that will be effective January 1, 2014. The Original 8-K briefly described the compensatory arrangement. On December 20, 2013, the company and Mr. Jonas entered into an employment agreement (the "Agreement") memorializing the compensatory arrangement.

A copy of the Agreement is attached hereto as Exhibit 10.01 and is incorporated by reference herein as if set forth in full. The description of the terms and conditions of the compensatory arrangement set forth in the Original 8-K is qualified in its entirety by reference to such exhibit.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.    Document
10.01          Third Amended and Restated Employment Agreement, dated December 20, 2013,
               between the Registrant and Howard S. Jonas.

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