UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): June 10, 2011
STANDARD PARKING CORPORATION
(Exact name of registrant as specified in its charter)
Delaware | 000-50796 | 16-1171179 | ||
(State or other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
900 N. Michigan Avenue, Suite 1600, Chicago, Illinois |
60611 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrants telephone number, including area code: (312) 274-2000
Not Applicable |
(Former name or former address if changed since last report.) |
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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o 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. |
Item 9.01.
|
Financial Statements and Exhibits. |
10.1
|
Third Amendment to Amended and Restated Employment Agreement between Standard Parking Corporation G. Marc Baumann dated June 10, 2011. |
2
STANDARD PARKING CORPORATION |
||||
Date: June 13, 2011 | By: | /s/ G. MARC BAUMANN | ||
G. Marc Baumann, | ||||
Chief Financial Officer | ||||
3
10.1
|
Third Amendment to Amended and Restated Employment Agreement between Standard Parking Corporation G. Marc Baumann dated June 10, 2011. |
4
1. | The third sentence of Section 2 of the Agreement is hereby amended to read, in its entirety as so amended, as follows: |
2. | Section 3(a) of the Agreement is hereby amended to add a third sentence as follows: At no time during the Employment Period shall the Annual Base Salary be reduced below the Base Salary in effect as of the date hereof (the Base Salary Minimum) unless Executives duties and responsibilities have been reduced at Executives request. |
3. | Second 4(c) of the Agreement is hereby amended to read, in its entirety, as follows: |
4. | Section 4(d)(i) of the Agreement is hereby modified to read, in its entirety as so modified, as follows: |
5. | The second sentence of Section 5(a) of the Agreement is hereby amended to read, in its entirety, as follows: |
2
6. | Section 5(d) of the Agreement is hereby amended by inserting the words (other than for Good Reason) after the words during the Employment Period. |
7. | Sections 5(e), 5(f) and 5(g) of the Agreement, and all references to any such Sections that may appear elsewhere in the Agreement, are hereby deleted in their entirety. |
8. | Section 6(i) of the Agreement is hereby deemed relocated in its entirety as Section 8(h) of the Agreement. |
9. | Except as expressly modified above, all of the remaining terms and provisions of the Agreement are hereby ratified and confirmed in all respects, and shall remain in full force and effect in accordance with their terms. |
COMPANY:
|
EXECUTIVE: |
|
STANDARD PARKING CORPORATION, a Delaware corporation |
/s/ G. MARC BAUMANN G. Marc Baumann |
|
By: /s/ JAMES A. WILHELM James A. Wilhelm President and Chief Executive Officer |
3