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ACHI > SEC Filings for ACHI > Form 8-K on 31-Mar-2014All Recent SEC Filings

Show all filings for ACCRETIVE HEALTH, INC.



Change in Directors or Principal Officers

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

On March 28, 2014, John Staton informed the Company that he is resigning as Senior Vice President, Provider Business Solutions, effective April 11, 2014 (the "Effective Date"), to pursue other interests and opportunities. The Company and Mr. Staton have agreed that in connection with Mr. Staton's resignation, he will be entitled to receive the benefits provided for in his Employment Agreement with the Company, dated as of June 17, 2005, as amended (the "Employment Agreement"), as if his employment was terminated pursuant to clause
(ii) of Section 9(a) of the Employment Agreement. These benefits include the payments provided in Section 9(b) of the Employment Agreement, subject to the terms and conditions therein. The Employment Agreement was filed as Exhibit 10.19 to the Company's Registration Statement on Form S-1 filed with the SEC on September 29, 2009.

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