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TTNP > SEC Filings for TTNP > Form 8-K on 2-Jan-2013All Recent SEC Filings




Entry into a Material Definitive Agreement, Change in Directors or Prin

Item 1.01. Entry into a Material Definitive Agreement.

The information set forth under Item 5.02 of this Current Report on Form 8-K relating to the entry into amendments to the employment agreements of Marc Rubin and Sunil Bhonsle is hereby incorporated in this Item 1.01 by reference.

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

On December 31, 2012, Titan Pharmaceuticals, Inc., a Delaware corporation (the "Company"), entered into one-year extensions (the "Extension Amendments") to the Employment Agreements dated May 16, 2009, as amended, by and between the Company and each of Marc Rubin, the Company's Executive Chairman, and Sunil Bhonsle, the Company's President (the "Employment Agreements").

Copies of the Extension Amendments with Dr. Rubin and Mr. Bhonsle are attached hereto as Exhibits 10.1 and 10.2, respectively, and the description thereof contained in this Current Report on the Form 8-K is qualified in its entirety by reference to such exhibits.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

10.1    Amendment to Employment Agreement dated December 31, 2012 between the
        registrant and Marc Rubin

10.2    Amendment to Employment Agreement dated December 31, 2012 between the
        registrant and Sunil Bhonsle

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