0001010412-11-000541.txt : 20111012 0001010412-11-000541.hdr.sgml : 20111012 20111012133219 ACCESSION NUMBER: 0001010412-11-000541 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20111010 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20111012 DATE AS OF CHANGE: 20111012 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PCS EDVENTURES COM INC CENTRAL INDEX KEY: 0001122020 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 820475383 STATE OF INCORPORATION: ID FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-49990 FILM NUMBER: 111137202 BUSINESS ADDRESS: STREET 1: 345 BOBWHITE COURT STREET 2: #200 CITY: BOISE STATE: ID ZIP: 83706 BUSINESS PHONE: 208-343-3110 MAIL ADDRESS: STREET 1: 345 BOBWHITE COURT STREET 2: #200 CITY: BOISE STATE: ID ZIP: 83706 8-K 1 f8kmaheremploymentagr101011d.htm 8-K CURRENT REPORT DATED OCTOBER 10, 2011 United States Securities and Exchange Commission



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

October 10, 2011

Date of Report

[Date of Earliest Event Reported]

PCS EDVENTURES!.COM, INC.

(Exact name of Registrant as specified in its Charter)


IDAHO

000-49990

82-0475383

(State or Other Jurisdiction of

(Commission File Number)

(I.R.S. Employer Identification No.)

Incorporation)

 

 


345 Bobwhite Court, Suite 200

Boise, Idaho  83706

 (Address of Principal Executive Offices)


(208) 343-3110

(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 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 14-a-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 October 10, 2011, the Company (“we,” “our” or “us” and words of similar import) entered into an Employment Agreement with Anthony A. Maher, effective August 1, 2011, whereby we agreed to pay Mr. Maher $8,000 per month, together with an additional compensation of $2,000 per month in the form of common stock, with all other benefits that the Company customarily provides to other employees, until July 31, 2013.  See Exhibit 10.1 for more information regarding the terms of Mr. Maher’s employment.


Item 9.01 Financial Statements and Exhibit.


(d)

Exhibit No.

Exhibit Description


10.1

Employment Agreement


SIGNATURES


Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.



PCS EDVENTURES!.COM, INC.



Dated:

10/12/2011

 

By:

/s/ Valerie L. Grindle

 

 

 

 

Valerie L. Grindle

 

 

 

 

CEO and director




2


 EX-10 2 employmentagreementmaher8261.htm EMPLOYMENT AGREEMENT EMPLOYMENT  AGREEMENT

EMPLOYMENT  AGREEMENT



THIS EMPLOYMENT AGREEMENT (hereinafter "Agreement"), is made and entered into this 26th day of August, 2011, by and between ANTHONY A. MAHER (“Maher”) and PCS EDVENTURES!.COM, INC., an Idaho corporation (“the Company”).

1.

In consideration of the mutual promises and agreements set forth herein, the Company hereby employs and Maher hereby accepts employment with the Company effective August 1, 2011.

2.

Maher’s employment with the Company shall be full time salaried employment at the rate of $8,000 per month plus additional compensation of $2,000 per month in the form of stock.  Should a change be made in the executive team’s compensation to eliminate the stock benefit in lieu of increased cash compensation, Maher would participate on a pro-rata basis.  Maher shall be eligible for all other benefits that the Company provides to its employees, to include all health, vision, dental and other insurance coverage in accordance with the company plan; and paid time off at the rate prior to the effective date of this Agreement during the period of his employment pursuant to this Agreement.  Maher shall continue to be eligible, as an employee, for participation in the Company’s 2009 Equity Incentive Plan.  

3.

The duration of this Agreement shall be to July 31, 2013, but may be terminated by Maher at his election prior to said date.  This Agreement may be extended by mutual agreement of Maher and the Company for successive one (1) year periods after said date, at such salary and benefits as Maher and the Company may mutually agree.

4.

Maher’s responsibility as an employee of the Company shall be to assist the Company in Business Development, Strategic Planning related thereto, the EB-5


EMPLOYMENT AGREEMENT - 1


Immigration Program, Corporate Finance, and such other responsibilities as the Company may request from time to time.


IN WITNESS WHEREOF, the parties have executed this Employment Agreement to be effective as first above written.

“EMPLOYER”

PCS EDVENTURES!.COM, INC.



Dated: October 10, 2011

By /s/Donald J. Farley

Donald J. Farley

Secretary




“EMPLOYEE”



/s/Anthony A. Maher

ANTHONY A. MAHER






EMPLOYMENT AGREEMENT - 2