-----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, QrXtgwkYOa7RASTL2JpGySOiMzC0Hdlifjo0MYPBi5nMnZTM7DXQvBHYOlNwbtvM lotvnP3WJtvvi2iFSNv+gw== 0001104659-07-010219.txt : 20070213 0001104659-07-010219.hdr.sgml : 20070213 20070213152153 ACCESSION NUMBER: 0001104659-07-010219 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070213 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20070213 DATE AS OF CHANGE: 20070213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ZALE CORP CENTRAL INDEX KEY: 0000109156 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-JEWELRY STORES [5944] IRS NUMBER: 750675400 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04129 FILM NUMBER: 07609532 BUSINESS ADDRESS: STREET 1: 901 W WALNUT HILL LN STREET 2: MS 6B-3 CITY: IRVING STATE: TX ZIP: 75038 BUSINESS PHONE: 9725804000 MAIL ADDRESS: STREET 1: 901 WEST WALNUT HILL LANE STREET 2: MAIL STOP 6B-3 CITY: IRVING STATE: TX ZIP: 75038-1003 FORMER COMPANY: FORMER CONFORMED NAME: ZALE JEWELRY CO INC DATE OF NAME CHANGE: 19710510 8-K 1 a07-4505_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

 

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

 

Dated February 13, 2007

 

of

 

ZALE CORPORATION

(Exact Name of Registrant as Specified in Charter)

 

Delaware

 

001-04129

 

75-0675400

(State or other jurisdiction

 

(Commission File Number)

 

(IRS Employer

of incorporation)

 

 

 

Identification No.)

 

901 West Walnut Hill Lane

Irving, Texas 75038

(Address of Principal Executive Offices)

 

 

(972) 580-4000

(Registrant’s telephone number, including area code)

 

n/a

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if this 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 Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.

On February 7, 2007, Zale Corporation entered into a Settlement and Release Agreement with Mark R. Lenz.  Under the agreement, for a period of nine months beginning February 1, 2007, Mr. Lenz will continue to receive his base salary as in effect at the time of his termination of employment.  These payments, which will be made in accordance with Zale’s regular payroll schedule, will amount to an aggregate of $207,188.  In addition, through April 30, 2007, Zale will continue to provide Mr. Lenz with medical, dental, and other insurance coverage and the other benefits that he previously received.  Mr. Lenz also will be paid approximately $116,000 in cash, representing his vested benefits under the Zale supplemental employee retirement plan.

Under the agreement, Mr. Lenz agreed to certain non-competition, non-solicitation and confidentiality provisions for a period of time following his termination of employment.

 

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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.

Zale Corporation.

 

(Registrant)

 

 

 

 

 

 

Date: February 13, 2007

By:

/s/ Rodney Carter

 

 

Rodney Carter

 

 

Group Senior Vice President,

 

 

Chief Financial Officer

 

 

(Principal Financial Officer

 

 

of the Registrant)

 

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