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ELLI > SEC Filings for ELLI > Form 8-K on 2-Jul-2014All Recent SEC Filings

Show all filings for ELLIE MAE INC

Form 8-K for ELLIE MAE INC


Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Certain Officers; Compensatory Arrangements
of Certain Officers.
On June 30, 2014, Ms. Elisa Lee resigned from her position as Executive Vice President and General Counsel of Ellie Mae, Inc. (the "Company"). Ms. Lee's resignation will be effective September 2, 2014. In connection with her resignation, Ms. Lee and the Company entered into a Separation and Release Agreement (the "Agreement"). Under the terms of the Agreement, Ms. Lee will be entitled to a payment in the aggregate of $137,500, less applicable federal and state withholdings. In addition, the Company will pay Ms. Lee's COBRA benefit premiums for the lesser of six months or until Ms. Lee is no longer eligible for COBRA benefits. In exchange, Ms. Lee has agreed to a customary release of any and all claims against the Company.

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