-----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, WqHctxVPPuf1oZkxCJ0qm/OD/Jip8Nl7Um5LpYOnllpVwMjQGqrM4hJaAYVhJh0E lfqHyViGxsyMALADcrpF1A== 0000950103-07-002248.txt : 20070910 0000950103-07-002248.hdr.sgml : 20070910 20070910170516 ACCESSION NUMBER: 0000950103-07-002248 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070907 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20070910 DATE AS OF CHANGE: 20070910 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LIMITED BRANDS INC CENTRAL INDEX KEY: 0000701985 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-WOMEN'S CLOTHING STORES [5621] IRS NUMBER: 311029810 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08344 FILM NUMBER: 071109293 BUSINESS ADDRESS: STREET 1: THREE LIMITED PKWY STREET 2: P O BOX 16000 CITY: COLUMBUS STATE: OH ZIP: 43216 BUSINESS PHONE: 6144157000 MAIL ADDRESS: STREET 1: THREE LIMITED PARKWAY STREET 2: P.O. BOX 16000 CITY: COLUMBUS STATE: OH ZIP: 43216 FORMER COMPANY: FORMER CONFORMED NAME: LIMITED INC DATE OF NAME CHANGE: 19920703 8-K 1 dp06866_8k.htm
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):  September 7, 2007
 
 
Limited Brands, Inc.
  
 
(Exact Name of Registrant
as Specified in Its Charter)
  
 
 
Delaware
  
 
(State or Other Jurisdiction of Incorporation)
  
 
1-8344
  
31-1029810
(Commission File Number)
  
(IRS Employer Identification No.)
 
Three Limited Parkway
Columbus, OH
  
 
43230
(Address of Principal Executive Offices)
  
(Zip Code)
 
 
(614) 415-7000
  
(Registrant’s Telephone Number, Including Area Code)
 
 
Not Applicable
  
(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):
 
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.
 
(b)
 Leonard A. Schlesinger resigned from the board of directors of Limited Brands, Inc. (the “Company”) and as Vice Chairman and Chief Operating Officer of the Company effective September 7, 2007.  Mr. Schlesinger’s resignation as an associate of the Company is effective November 2, 2007.  The press release dated July 30, 2007, announcing Mr. Schlesinger’s intention to resign was attached as Exhibit 10.1 to the Company’s current report on Form 8-K filed with the Commission on July 31, 2007.
     
(e)
 The resignations described above are set forth in a separation agreement between the Company and Mr. Schlesinger, a copy of which will be filed as an exhibit to the Company’s quarterly report on Form 10-Q for the period ended August 4, 2007.  Such agreement includes the following material provisions:
     
 
·
Following his termination of employment with the Company on November 2, 2007, Mr. Schlesinger will continue to receive his current bi-weekly base salary for a period of two years;
     
 
·
Mr. Schlesinger will continue to receive medical and dental benefits under Company’s plans until the earlier of May 2, 2009 or the day that he is entitled to receive similar benefits from another employer.  The Company also agreed to make a premium payment on a life insurance policy covering Mr. Schlesinger, together with certain tax-equalization payments;
     
 
·
Mr. Schlesinger will receive all benefits under the Company’s deferred compensation plans and under his employment agreement as to which he is vested as of November 2, 2007, and will receive his incentive compensation payments, if any, for the fall 2007 season in March 2008, and for the spring 2008 season in September 2008.  Subject to Mr. Schlesinger’s compliance with his non-competition covenant, he will vest in all stock option and restricted stock grants scheduled to vest through April 1, 2008;
     
 
·
The Company will purchase Mr. Schlesinger’s home in New Albany, Ohio and provide relocation benefits to him, in each case under the Company’s relocation policy;
     
 
·
Mr. Schlesinger agreed to a general release of the Company and its affiliates, directors, officers and employees, and not to disparage the Company or its employees; and
     
 
·
Mr. Schlesinger also agreed not to compete, directly or indirectly, with the Company or solicit any of the Company’s employees or affiliates, in each case through April 1, 2009.
 

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.
 
 
LIMITED BRANDS, INC.  
       
       
 
By:
/s/ Douglas L. Williams
  
 
Name:
Douglas L. Williams
  
Date:  September 10, 2007
Title:
Senior Vice President and General Counsel
  
 
 
 
 
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