8-K 1 form8kcharters.htm CURRENT REPORT, ITEM 5.02 form8kcharters.htm
 



 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 
______________
 
FORM 8-K


CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): March 26, 2008
______________
 
 
iPass Inc.
(Exact name of Registrant as specified in its charter)
 
______________
 
 
 
Delaware
 
 
000-50327
 
 
93-1214598
(State or other jurisdiction
 
(Commission
 
(IRS Employer
of incorporation)
 
File Number)
 
Identification No.)
 
 
3800 Bridge Parkway, Redwood Shores, California 94065
(Address of principal executive offices) (Zip Code)
                                                                                                          
 
 (650) 232-4100
(Registrant’s telephone number, including area code)
______________
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 



 
 
 

 

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

On March 26, 2008, the Compensation Committee of the Board of Directors of iPass Inc. increased the variable annual compensation target for John C. Charters, iPass’ Chief Operating Officer, from US$120,000 to US$150,000, effective March 1, 2008.  Actual 2008 bonus will be dependent on iPass performance as against target as set forth in the iPass 2008 Executive Management Bonus Plan.

The description of the iPass 2008 Executive Management Bonus Plan is set forth under Item 5.02 of iPass’ Current Report on Form 8-K, filed with the Securities and Exchange Commission on February 15, 2008, which description is incorporated by reference here.


 
SIGNATURES
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
iPass Inc.
     
 
By:
/s/ Bruce K. Posey
 
   
Name:
Bruce K. Posey
   
Title:
Senior Vice President, General Counsel and Secretary
 
         
 
Dated:  March 26, 2008