-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GJFdS2TV0ZrKqckVNxF66OamxhatlZGuaucdsRDGWuXj+t/x3iUdGbVL/P6cWrr6 aOV8ITGvsBrb91xJfuFZfg== 0000950123-05-000924.txt : 20050131 0000950123-05-000924.hdr.sgml : 20050131 20050131164617 ACCESSION NUMBER: 0000950123-05-000924 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050128 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050131 DATE AS OF CHANGE: 20050131 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TEAM HEALTH INC CENTRAL INDEX KEY: 0001086795 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISC HEALTH & ALLIED SERVICES, NEC [8090] IRS NUMBER: 621562558 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-80337 FILM NUMBER: 05562358 BUSINESS ADDRESS: STREET 1: 1900 WINSTON RD CITY: KNOXVILLE STATE: TN ZIP: 37919 BUSINESS PHONE: 8003422898 MAIL ADDRESS: STREET 1: 1900 WINSTON RD CITY: KNOXVILLE STATE: TN ZIP: 37919 8-K 1 y05280e8vk.txt TEAM HEALTH INC. ================================================================================ 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): January 28, 2005 TEAM HEALTH, INC. (Exact Name of Registrant As Specified In Charter) TENNESSEE 333-80337 62-1562558 (State or Other Jurisdiction (Commission File (IRS Employer of Incorporation) Number) Identification No.) 1900 WINSTON ROAD, KNOXVILLE, TN 37919 (Address of Principal Executive Offices, including Zip Code) (865) 693-1000 (Registrant's telephone number, including area code) 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 (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 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On January 28, 2005 Team Health, Inc. amended the employment agreement between the Company and Gregory S. Roth, President and Chief Operating Officer dated October 4, 2004. The amendment increases the additional consideration paid to Mr. Roth for the execution of the agreement from $50,000 to $100,000 while removing contingent repayment provisions. A copy of amendment is filed as an exhibit to this Form 8-K. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits furnished pursuant to Item 1.01 10.29 Greg S. Roth employment agreement amendment 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. TEAM HEALTH, INC. (Registrant) /s/ Robert J. Abramowski ----------------------------------- Date: January 28, 2005 Robert J. Abramowski Executive Vice President of Finance and Administration 2 EX-10.29 2 y05280exv10w29.txt EMPLOYMENT AGREEMENT AMENDMENT Exhibit 10.29 RESTATED EXHIBIT B - - Reimbursement for reasonable expenses incurred in Employee's three House hunting trips to Knoxville all in accordance with the Company's expense reimbursement policies. (a). - - Packing, Transportation and reasonable Insurance thereon by a Team Health approved mover of household goods (a). - - Reimbursement for up to 45 days of temporary housing payments in Knoxville, TN while Employee simultaneously maintain a residence in Brentwood, TN and up to an additional 45 days of temporary housing once Employee and his family have relocated to Knoxville, TN. This reimbursement is subject to the Company's expense reimbursement policies. - - Employee will be reimbursed for the costs for up to 90 days storage in Knoxville, TN of Employee's household goods. - - Employer will reimburse Employee up to a maximum of fifty thousand ($50,000) dollars for the customary closing costs associated with Employee's sale of his residence in Brentwood, TN, and his purchase of a residence in the Knoxville, TN area, including any costs associated with either residence related to (i) real estate commissions, (ii) interest or points, or (iii) attorneys fees. (a) - - As additional consideration for the execution of this Agreement by Employee and Employees performance in accordance with this Agreement, and in lieu of Employer assuming any risk for the sale of Employee's current residence, Employer agrees to pay Employee One Hundred Thousand ($100,000) dollars as a bonus, one half to be paid within 10 days after the Effective Date and the other half on or before December 31, 2004. This Restated Exhibit B is acknowledged as a replacement to the former Exhibit B to the Employment Agreement between Greg Roth and Team Health, dated as of October 4, 2004. Dated this 28th day of January, 2005. S/ Lynn Massingale S/ Gregory S. Roth Team Health by Lynn Gregory S. Roth Massingale, Chief Executive Officer - ----------------------------- (a) Grossed up for Federal Income Taxes. 3 -----END PRIVACY-ENHANCED MESSAGE-----