-----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,
Uxanxaj/nan23pKWlEXJpSPZLxpR49Xdc4TqP/4E1sIr9eXUYmFO+twxV6K9Irsm
r0Nb9jiDct90k06gaKBXfQ==
0000709804-10-000007.txt : 20100210
0000709804-10-000007.hdr.sgml : 20100210
20100210160754
ACCESSION NUMBER: 0000709804-10-000007
CONFORMED SUBMISSION TYPE: 8-K/A
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20091117
ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE: 20100210
DATE AS OF CHANGE: 20100210
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: ADAPTEC INC
CENTRAL INDEX KEY: 0000709804
STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576]
IRS NUMBER: 942748530
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
FILING VALUES:
FORM TYPE: 8-K/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-15071
FILM NUMBER: 10588007
BUSINESS ADDRESS:
STREET 1: 691 S MILPITAS BLVD
STREET 2: M/S25
CITY: MILPITAS
STATE: CA
ZIP: 95035
BUSINESS PHONE: 4089458600
MAIL ADDRESS:
STREET 1: 691 SOUTH MILPITAS BLVD
STREET 2: M/S25
CITY: MILPITAS
STATE: CA
ZIP: 95035
8-K/A
1
body8k.htm
8-K/A
February 10, 2010 8K/A DOC
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
November 17, 2009
![](logo.jpg)
Adaptec, Inc.
(Exact name of registrant as specified in its charter)
Delaware
|
0-15071
|
94-2748530
|
(State of other jurisdiction of incorporation)
|
(Commission File Number)
|
(I.R.S. Employer Identification Number)
|
691 S. Milpitas Blvd.
Milpitas, California 95035
(Address of principal executive offices including zip code)
(408) 945-8600
(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:
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))
Explanatory Note
On November 20, 2009, Adaptec, Inc. (the "Company") filed a Current Report on Form 8-K for events
that occurred on November 17, 2009
(the "Initial Form 8-K") reporting, in part, on the departure of John Noellert, the Company's former Vice President of
Worldwide Sales. This Amendment No. 1 to the Initial Form 8-K ("Form 8-K/A") amends and supplements the Initial
Form 8-K to update the disclosure relating to Mr. Noellert's severance arrangement.
Except as
described in this Form 8-K/A, the Company has not modified or updated other disclosures contained in the Initial Form 8-K.
Accordingly, this Form 8-K/A should be read in conjunction with the Initial Form 8-K.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
Departure of Named Executive Officer
On
November 17, 2009, the Company informed John Noellert, then the Company's Vice President of
Worldwide Sales, that his position will be terminated, effective November 20, 2009. In connection with his termination, the Company
and Mr. Noellert agreed upon the following severance arrangements in consideration of Mr. Noellert signing a general release in favor
of the Company (the "Noellert Separation Agreement"): (1) a lump-sum severance
payment equal to twelve months of his target annual earnings, less applicable taxes and withholdings; (2) a lump-sum payment
equal to $12,000; (3) reimbursement of COBRA benefit payments until November 30, 2010; (4) outplacement services valued at
up to $5,000 and (5) reimbursement of $6,539 for legal fees incurred in connection with the review of the Noellert Separation
Agreement. The Noellert Separation Agreement was signed by Mr. Noellert on February 4, 2010; however, Mr. Noellert may
revoke his acceptance within seven calendar days of signing it.
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Adaptec, Inc.
|
|
By: /s/ MARY L. DOTZ
Mary L. Dotz
Chief Financial Officer
|
|
February 10, 2010
3
GRAPHIC
3
logo.jpg
LOGO
begin 644 logo.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@`'0"0`P$1``(1`0,1`?_$`)```0$!`0$!`0``````
M``````D("@<&!0L!``,!`0`````````````````!`@,$$```!0(#"`$"!`,%
M"0`````"`P0%!@$'$0@)`!(3%!46%Q@*(2(C)"49,28:43)$-B=!8:&Q0F)%
M-U@1``("`@(!!`,``P$````````!$0(A`S$2(D%A@3)1<1.AL4,$_]H`#`,!
M``(1`Q$`/P#9)G0U#,H>G_#V^89I;PLEO^O44TB,13IUTDN#-3D=*(WC:5%OH'%W]G+BLT5O:-I3K5;I/F
M!02\E&L!_')"2,L`:@J$P6-<#'JR:TM=34DQA^6)I=.SJC;W-CS3Q5$J.`2<
M^O5GF-8UMX1"I02A:1&;@R![$072N(N71GCPI]`UV6/1C_CL_`^V77,Q87-I
M;!GO+ERNE%+MVW>QG)TTCBJZIX4;BEW.<97UL4EIGB-OZ'B!XZ!P3IEA-!AJ
M,NE!!K4(::RQH]Y0M:XZJ,@024HAE$CK@&M:4V4Y]CH59U0EY0;R\G&M)DNSK6WO]
M>:"*[CVOLYEG0LBV[%U+]1EBMO"&@3ZF<5J9`B=Z2Q[Z@Y)D3=0P\F@`B#S2
M8`=\U06"K,+4M5P^6&)=+Y;>G]#IFICMN[2YC[QQI"M,2'S]DCL0A[&X%%&"
M!5?'FF;RQGDZ]$8$-!%U5HF\8Z5_NTI]=C!:TW&*T_\`53R;:E$>>7#+?/U8
MYC%4I"V:VBGC8&)W4B2)2;1.0ZKHV8K6IW:/FJJT*HYM:I>WA-$$L9P#14!L
M$6K:OV*^OI?JSN6:UTIO3?JX<;M=:^&)`K)#+Y2MY1O24-,"2D1IBBP'+G5V
M<5(PDI$20H]8K/$$LDL8Q4#4$DWA-R27E/IZ8>%1%A6`0'"#AO%@K7"A@T6F[7H6C8//=935DE
MC+-,G5Y%Z5ZM^T)CY?9:<&A@-T(`:L6A2%R5VC)SD?1=&$QYM%!;[&CGD)ZT
MLI"IJ0&I8JW5I(RO2U7DPXU/O!KGZMSW#`:82DH,H"]Z.&<>+?/-,VSY.I1JU^X_&L9H2Y`<@^
MF;K6IS`B`H0H9*])3SBQ4P,*+$&O\=A<#VKM=(/31>TVAZOV;RZ
M9V8&YTU!!((T!N]?B6(',L^YMSY7.I$K2MC,GD3J0XT;5/=M+:6G@<@.
MA]'A9$4[:*2RN92)M)ZT%M"N<^2;V]"F9G>)$\RM>2XRZ#('U[-->I`K7.B@"AQ4"
M$``S!!+I]H<*?389>MNU,\R6E\GP8BL\%AS08;X,@]A1@K6F.`@OES!!KA_"
MOUV+$Z/K\CPQ+XRF03,;D2LM-[>5N39O,+X$BED9K<.6VWC\
MB6#DD%DA[FUJ8JO>W`SCIV_D5))(_P`N:"H0AJW'!G_6ZMG*`$^/-F(S%&2+\O5YC,P8!(RUH0!,,:E
MZ@NM=T0=U(TVI6IV1QF[UHX3?[Y"ER[&W+0K7.W=WM3V46\F[H)M:97,%U?(K@%I].Z%Y==,O
M*8Q/=OLO[\5,,XUVFM9*'R3NUQKA/#UX^A8I.]OBM4XNJ"'M\(6&(TAAE4Y1
MIB<804&06*@V+5-K.ULL^;<#*?H^:8%BLLT:U!+5Y@,U^:S-)9!'?"1EV+G-MNK?W99UT4;[H&L".X3W:-[7HD4TMQED+F3]I2DYCAQ2)&@$;0?)B6+*@W:G#V;,]*
M23LQO,M7Q9M/:/9=(S'V\RG@+:S'QT-47)!G@BN83*5="Q<
M@B%H+KA=H&_2VXTDALMN!:,]>46]PVX4=:8`YM28Z51`\]K9:R4*-TIOH^Q]I=E#"[M"@P@YP;*T4$8E'A&`?,HJC6RG5\B09Q]:^Z>JW
MI6YOX8]93&ZUC39DC+8_W-N^QW05/\0/E\DOQ#6Z*1*-Q)RAB%T(62.CIGE=R)9E7[+JIR\PXRZ6:2#V_)7W!!/#[A
MAC+-98F82E`8"(1&C8P-4C.JV$5J%0)2I3*?J&A6`F_K\DZJ];NO.!+K;Z>$
MQU$/C&Y6XM:)$4Z7TLG+[L7DM2PF'DI:S12UW=N\QRN`$+%)I25(X2B,/!]4
M`C1!*$YI4H#!`+&,83E$.W3+77$M=<#V83LG:DX7%K<6P81')@'$C)&([C)8P:7UUOY
M5Y.):Z5V)G?7/L\WHN';$VRTNNKERRRSYRM2LD094Y05-)K3M+HR,CP^`9X^
M!2]A8CTQRPJB0GE5!HB*[PBJBJ/D>KZ1[E)_PIGOKFUC
M&H%="//K78FR*R3R:$RV4)52=1>F]<@;G-F3+8T:L`4>^,42ZVL<(*HL-31I0J!FF&'8MZ
MK3XN$RA-+J\=PM3#.!&K7V_TJ-+6+V.8)4CE-[I^ARA&.15I;7IG`2ZC.7,5
MR@&F":H5BJL&F"F(/W!-^Q-UU6;.?V5U\K'39N2_P`NANH?
M:&*.DIAS3;ULM;F*01M&H6.L'319P>C0@,5]JB0/1S6YJBP[C8)*C-
M,K0HT8RS_8:;I>+.(9:OENW;M;ETC]MKQ986N]UX(;%D,9CMW&VY]8"=].O,7K*ZMN>Y.
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MU5]?8)Z4^+/6O^8?'GA;IGC?_,SQW-V]T;]._P`U\]S/#_Q?$Q^['9"0NW>A)^S>I]9_/]-[>X7);WV/&8,AGRN.C?N)6\[?Y/H/I=:?H?(8Q/I+EV\3^R/C_`+D[*[%CW`Z9WW^F
M]$[HYK@_3NM\47.=U>"?Y'ZMS&]S?/?C<3>XWW
M8['[@TK_`%CQF!UYS7/
M?J&.'&^NP0YG/)4R_D>16=3Y7IO*J.H<_P`'D>1X(^;YSF/P.5X&]Q-_[-S'
M'Z8[`C+W?[^E+\P/'E[T;\E]5'W!V/W/VUU?CUYGK7AO_3CFN8QYCF/KO8\3
M_;L&B_KZ=H'SRC>HGA..>D7@SP+B/H'KYVAV'SG!(YO?[-_(]=W.'S?,?G=[
*#C?=L$.9SR?_V3\_
`
end
-----END PRIVACY-ENHANCED MESSAGE-----