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ROG > SEC Filings for ROG > Form 8-K on 26-Jun-2014All Recent SEC Filings

Show all filings for ROGERS CORP

Form 8-K for ROGERS 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) Approval of Deferred Compensation Plan

On June 24, 2014, Rogers Corporation adopted the Rogers Corporation Deferred Compensation Plan (the "Plan"), which is attached to this Form 8-K as Exhibit 10.1 and is incorporated by reference. The following summary of this settlement agreement does not purport to be complete and is subject to and qualified in its entirety by reference to Exhibit 10.1.

The Plan allows a select group of management and highly compensated employees to defer up to 50% of salary and 100% of their bonus. The Plan also permits Rogers Corporation to make discretionary company contributions on such terms and conditions as it deems appropriate from time to time. Deferred amounts will be adjusted based on the rate of return of one or more investment funds designated by participating employees from a group of approved funds. Participating employees are permitted to designate when deferred amounts will be paid consistent with the rules applicable to nonqualified deferred compensation plans under Section 409A of the Internal Revenue Code. Deferred amounts will continue for all purposes to be a part of the general funds of Rogers Corporation and the participants will be general creditors of Rogers Corporation with respect to amounts payable under the Plan.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number Document Description

10.1 Rogers Corporation Deferred Compensation Plan

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