-----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, Ua4MkGFs2OdpToqkRMRl8UUaqgRhNMSPK2AKXmCCqU5qqF5YjAoCA/dFuXF+9ady wR2x9p3dXYG/G4+Q6iBN5g== 0001104659-05-013068.txt : 20050328 0001104659-05-013068.hdr.sgml : 20050328 20050328155307 ACCESSION NUMBER: 0001104659-05-013068 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050322 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20050328 DATE AS OF CHANGE: 20050328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VERITAS DGC INC CENTRAL INDEX KEY: 0000028866 STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382] IRS NUMBER: 760343152 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07427 FILM NUMBER: 05706700 BUSINESS ADDRESS: STREET 1: 10300 TOWN PARK DR CITY: HOUSTON STATE: TX ZIP: 77072 BUSINESS PHONE: 7135128300 MAIL ADDRESS: STREET 1: 10300 TOWN PARK DR CITY: HOUSTON STATE: TX ZIP: 77072 FORMER COMPANY: FORMER CONFORMED NAME: DIGICON INC DATE OF NAME CHANGE: 19920703 8-K 1 a05-5829_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):  March 22, 2005

 

 

Veritas DGC Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

Delaware

(State or Other Jurisdiction of Incorporation)

 

1-7427 

 

76-0343152 

(Commission File Number)

 

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

 

 

 

10300 Town Park Drive, Houston, Texas 

 

77072 

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:  (832) 351-8300

 

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):

 

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 1.01.              Entry into a Material Definitive Agreement.

 

Adjustments to Base Salaries of Certain Executive Officers

 

Veritas DGC Inc. (the “Company”) has previously entered into employment agreements with each of its executive officers.  At its regular meeting on March 22, 2005, the Compensation Committee of the Board of Directors of the Company approved increases to the Base Salary, as defined in such employment agreements, of the executive officers shown below.  These increases will be effective April 2, 2005.

 

Name

 

Title

 

Current Base
Salary

 

Base Salary
Effective
4/2/2005

 

Thierry Pilenko

 

Chairman and Chief Executive Officer

 

$

450,000

 

$

475,000

 

 

 

 

 

 

 

 

 

 

 

Stephen J. Ludlow

 

Vice Chairman

 

$

265,020

 

$

280,000

 

 

 

 

 

 

 

 

 

Timothy L. Wells

 

President and Chief Operating Officer

 

$

330,000

 

$

350,000

 

 

 

 

 

 

 

 

 

Larry L. Worden

 

Vice President, General Counsel and Secretary

 

$

225,000

 

$

240,000

 

 

Payment of Attorneys’ Fees

 

At its regular meeting held March 23, 2005, the Board of Directors of the Company approved the payment by the Company of certain attorneys’ fees incurred by Thierry Pilenko and Mark E. Baldwin, Executive Vice President, Chief Financial Officer & Treasurer, in connection with advice rendered to each of them regarding their responsibilities and duties concerning the Company’s pending restatement, in an amount not to exceed $15,000 for each such officer or an aggregate of $30,000.

 

2


 

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.

 

 

 

 

 

VERITAS DGC INC.

 

 

 

 

 

 

 

 

 

 

 

 

Date:

  March 28, 2005

 

 

By:

 

/s/ LARRY L. WORDEN

 

 

 

 

Name:

Larry L. Worden

 

 

 

 

Title:

Vice President, General Counsel and

 

 

 

 

 

Secretary

 

3

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