-----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, MbZ+DGTPA02sk5Y05SEJhF/SkM1Bc+CKCA5cTFHAKhse9z7qs1Dym+5yoZijpk+a YAx4gYmrUy4N5XANpX8YnA== 0001104659-10-004828.txt : 20100204 0001104659-10-004828.hdr.sgml : 20100204 20100204094028 ACCESSION NUMBER: 0001104659-10-004828 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100201 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20100204 DATE AS OF CHANGE: 20100204 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Optelecom-NKF, Inc. CENTRAL INDEX KEY: 0000275858 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 521010850 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-08828 FILM NUMBER: 10572662 BUSINESS ADDRESS: STREET 1: 12920 CLOVERLEAF CENTER DR. CITY: GERMANTOWN STATE: MD ZIP: 20874 BUSINESS PHONE: 3014442200 MAIL ADDRESS: STREET 1: 12920 CLOVERLEAF CENTER DR. CITY: GERMANTOWN STATE: MD ZIP: 20874 FORMER COMPANY: FORMER CONFORMED NAME: OPTELECOM INC DATE OF NAME CHANGE: 19920703 8-K 1 a10-3081_18k.htm 8-K

 

 

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):  February 1, 2010

 

OPTELECOM-NKF, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

0-8828

 

52-1010850

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

12920 Cloverleaf Center Drive, Germantown, Maryland  20874

(Address of principal executive offices)  (ZIP Code)

 

Registrant’s telephone number, including area code:  (301) 444-2200

 

 

(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))

 

 

 


 

Section 5 – Corporate Governance and Management

 

Item 5.02.                Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.

 

Departure of Named Executive Officer

 

On February 1, 2010, Optelecom-NKF, Inc. (the “Company”) announced that it was restructuring its sales team and that in connection with this restructuring, Roland Hooghiemstra, Vice President of Sales and Marketing of the Company, is leaving the Company effective April 30, 2010.  The Company has entered in an agreement with Mr. Hooghiemstra regarding the termination of his employment agreement pursuant to which Mr. Hooghiemstra will receive a severance payment of EUR 137,124 upon the termination of his employment.  Additionally, pursuant to this termination agreement, Mr. Hooghiemstra has agreed not to engage in certain competitive activities until August 1, 2010 or to contact clients of the Company prior to February 1, 2011 and has released the Company from any claims under his employment agreement.

 

In connection with the restructuring of the sales team, Fabien Haubert has been promoted to Senior Sales Director — Europe, Middle East and Africa, and Chuck Queri has been promoted to Senior Sales Director — Americas.

 

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SIGNATURES

 

 

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

 

 

OPTELECOM-NKF, INC.

 

 

 

 

 

 

By:

/s/ David Patterson

 

 

David Patterson

 

 

Chief Executive Officer

 

 

Date:

February 4, 2010

 

 

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