UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-KCURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
February 21, 2013
THE JONES GROUP INC.
|
Pennsylvania (State or Other Jurisdiction of Incorporation) |
1-10746 (Commission File Number) |
06-0935166 (IRS Employer Identification No.) |
| 1411 Broadway New York, New York 10018 (Address of principal executive offices) |
||
| (212) 642-3860
(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:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] 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 Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 21, 2013, The Jones Group Inc. (the "Company") and Richard Dickson, the Company's President and Chief Executive Officer - Branded Businesses, entered into an amendment of Mr. Dickson's employment agreement to extend the term of the agreement until December 31, 2015. Except for the term extension, the terms of Mr. Dickson's employment agreement remain unchanged.
The foregoing description of the amendment to Mr. Dickson's employment agreement is qualified in its entirety by reference to the amendment, which is filed as Exhibit 10.1 hereto and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
| Exhibit No. | Description |
| 10.1 | Amendment No. 2 to Employment Agreement dated as of February 21, 2013 between The Jones Group Inc. and Richard Dickson.+ |
____________________
| + | Management contract or compensatory plan or arrangement. |
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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.
| THE JONES GROUP INC. (Registrant) By: /s/ Ira M. Dansky |
Date: February 21, 2013
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Exhibit Index
| Exhibit No. | Description |
| 10.1 | Amendment No. 2 to Employment Agreement dated as of February 21, 2013 between The Jones Group Inc. and Richard Dickson.+ |
____________________
| + | Management contract or compensatory plan or arrangement. |
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EXHIBIT 10.1
THE JONES GROUP INC.
1411 BROADWAY, NEW YORK, NEW YORK 10018
February 21, 2013
Mr. Richard Dickson
16651 Cumbre Verde Court
Pacific Palisades, CA 90272
Re: Amendment No. 2 to Employment Agreement
Dear Mr. Dickson:
Reference is made to your Employment Agreement dated as of January 31, 2010, as amended by Amendment No. 1 dated February 8, 2011 (the "Employment Agreement"), by and between you and The Jones Group Inc. (the "Company"). All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in the Employment Agreement.
This will confirm our agreement that, effective as of the date hereof, the terms and conditions of the Employment Agreement are hereby amended as follows:
1. Section 2 of the Employment Agreement is hereby deleted in its entirety and replaced with the following Section 2:
"The Company shall employ the Executive for the period commencing as of February 8, 2010 (the "Effective Date") and ending as of December 31, 2015, as renewed in accordance with the following sentence (the "Term"). The Company may extend the Term on materially similar terms for an additional twelve months by giving written notice of such extension to the Executive no later than June 30, 2015. For avoidance of doubt, if this Agreement shall be so extended, the "Term" shall mean the period commencing February 8, 2010 and ending on December 31, 2016."
2. Except as otherwise set forth in this Amendment No. 2 to Employment Agreement, the Employment Agreement is ratified and confirmed in all respects and remains in full force and effect.
Mr. Richard Dickson
February 21, 2013
Page 2
Please acknowledge your agreement with the foregoing by signing the enclosed copy of this letter agreement and returning it to the Company.
| Very truly yours,
THE JONES GROUP INC. By: /s/ Wesley R. Card |
Agreed to in all respects:
/s/ Richard Dickson
Richard Dickson
cc: Katten Muchin Rosenman LLP
575 Madison Avenue
New York, NY 10022
Attention: Steven Eckhaus, Esq.