0001407739-14-000108.txt : 20141208 0001407739-14-000108.hdr.sgml : 20141208 20141208163420 ACCESSION NUMBER: 0001407739-14-000108 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20141202 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20141208 DATE AS OF CHANGE: 20141208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DUPONT FABROS TECHNOLOGY, INC. CENTRAL INDEX KEY: 0001407739 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 208718331 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33748 FILM NUMBER: 141272878 BUSINESS ADDRESS: STREET 1: 1212 NEW YORK AVENUE, NW, SUITE 900 CITY: WASHINGTON STATE: DC ZIP: 20005 BUSINESS PHONE: 202-728-0044 MAIL ADDRESS: STREET 1: 1212 NEW YORK AVENUE, NW, SUITE 900 CITY: WASHINGTON STATE: DC ZIP: 20005 8-K 1 a8-kofficercomp12x2x14.htm 8-K 8-K Officer Comp 12-2-14


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
December 2, 2014
Date of Report (Date of Earliest Event Reported)
 
DUPONT FABROS TECHNOLOGY, INC.
(Exact Name of Registrant as Specified in Its Charter)
 
Maryland
(State or Other Jurisdiction
of Incorporation)
001-33748
(Commission File Number)
20 - 8718331
(I.R.S. Employer
Identification No.)
 
1212 New York Avenue, N.W., Suite 900
Washington, D.C. 20005
(Address of Principal Executive Offices) (Zip Code)
(202) 728-0044
(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 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 l4a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule l4d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule l3e-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.
(e)
First Amendment to Third Amended and Restated Employment Agreement of President and Chief Executive Officer
On December 2, 2014 (the “Effective Date”), DuPont Fabros Technology, Inc. (the “Company”) and one of its subsidiaries, DF Property Management LLC, entered into a first amendment (the “Amendment”) to the third amended and restated employment agreement (the “Original Agreement”) with Hossein Fateh, President and Chief Executive Officer of the Company. The Amendment extends for one year the term of the Original Agreement, which now will expire on December 2, 2015, with no provision for renewal.
Other than as described above, the terms of the Original Agreement have not been changed by the Amendment.
Adjustments to Annual Base Salary of Chief Financial Officer
On December 2, 2014, the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of the Company increased the annual base salary of Jeffrey H. Foster, the Company’s Executive Vice President and Chief Financial Officer by 15%, to $391,000.

Item 9.01.    Financial Statements and Exhibits.
(d)    Exhibits.
10.1
First Amendment to Third Amended and Restated Employment Agreement, dated December 2, 2014, by and among DuPont Fabros Technology, Inc., DF Property Management LLC and Hossein Fateh






SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
DUPONT FABROS TECHNOLOGY, INC.
 
 
December 8, 2014
/s/ Richard A. Montfort, Jr.
 
Richard A. Montfort, Jr.
 
 
 
Executive Vice President, General Counsel and Secretary






EXHIBIT INDEX
 
Exhibit No.
  
Description
 
 
10.1
  
First Amendment to Third Amended and Restated Employment Agreement, dated December 2, 2014, by and among DuPont Fabros Technology, Inc., DF Property Management LLC and Hossein Fateh.




EX-10.1 2 exhibit101-firstamendmentt.htm EXHIBIT 10.1 Exhibit 10.1 - First Amendment to Third Amended and Restated Employment Agreement


Exhibit 10.1

HOSSEIN FATEH
FIRST AMENDMENT
TO
THIRD AMENDED AND RESTATED EMPLOYMENT AGREEMENT

THIS FIRST AMENDMENT TO THIRD AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”) is dated as of December 2, 2014 (the “Effective Date”), by and between DuPont Fabros Technology, Inc., a Maryland corporation (the “Company”), DF Property Management LLC, a Delaware limited liability company (the “LLC”), and Hossein Fateh (the “Executive”).
WHEREAS, the Company and the Executive have previously entered into a Third Amended and Restated Employment Agreement dated as of February 5, 2013 (the “Original Agreement”) pursuant to which the Executive serves as the President and Chief Executive Officer of the Company;
WHEREAS, the term of the Original Agreement expired on December 1, 2014;
WHEREAS, the Company, the LLC and the Executive now desire to amend the terms of the Original Agreement to extend the term of the Original Agreement for one (1) year.
Accordingly, the parties hereto agree as follows:
1.    Section 1 of the Original Agreement is hereby amended and restated to read as follows:
Term. The Company and the LLC shall continue to employ the Executive, and the Executive hereby accepts such continued employment for a term under this Agreement that shall commence on the Effective Date and end on December 1, 2015, unless sooner terminated in accordance with the provisions of Section 4 or Section 5 (the period during which the Executive is employed hereunder being hereinafter referred to as the “Term”).
2.    Unless specifically modified herein, all other terms and conditions of the Original Agreement shall remain in effect.





IN WITNESS WHEREOF, the parties hereto have signed their names as of the day and year first above written.
DUPONT FABROS TECHNOLOGY, INC.

By:      /s/ Richard A. Montfort, Jr.            
Name:    Richard A. Montfort, Jr.
Title:
Executive Vice President, General Counsel and Secretary

DF PROPERTY MANAGEMENT LLC

By:
DuPont Fabros Technology, L.P.,
its Managing Member

By:
DuPont Fabros Technology, Inc.,
its General Partner

By:     /s/ Richard A. Montfort, Jr.        
Name:    Richard A. Montfort, Jr.
Title:
Executive Vice President, General Counsel and Secretary


/s/ Hossein Fateh            
Name: Hossein Fateh