-----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, MYCr7Nz4LJmNP/GrwQ0wuljlslctynu5faJ52JSJvarRxbkosG2te0jD5HQub+lj EN+PsnZYrZkHRC0iLJxD9g== 0001181431-09-041675.txt : 20090828 0001181431-09-041675.hdr.sgml : 20090828 20090828154642 ACCESSION NUMBER: 0001181431-09-041675 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090825 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090828 DATE AS OF CHANGE: 20090828 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HCC INSURANCE HOLDINGS INC/DE/ CENTRAL INDEX KEY: 0000888919 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 760336636 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13790 FILM NUMBER: 091043283 BUSINESS ADDRESS: STREET 1: 13403 NORTHWEST FRWY CITY: HOUSTON STATE: TX ZIP: 77040-6094 BUSINESS PHONE: 7136907300 MAIL ADDRESS: STREET 1: 13403 NORTHWEST FREEWAY CITY: HOUSTON STATE: TX ZIP: 77040 8-K 1 rrd251807.htm AMENDED EMPLOYMENT AGREEMENT Prepared By R.R. Donnelley Financial -- Form 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):  08/25/2009
 
HCC Insurance Holdings, Inc.
(Exact name of registrant as specified in its charter)
 
Commission File Number:  001-13790
 
Delaware
  
76-0336636
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
13403 Northwest Freeway
Houston, Texas 77040
(Address of principal executive offices, including zip code)
 
713-690-7300
(Registrant’s telephone number, including area code)
 
(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 August 25, 2009, we amended the employment agreement of Craig J. Kelbel to be effective September 1, 2009. The amendment extended the term of Mr. Kelbel's employment agreement through December 31, 2013. It also provided that Mr. Kelbel would transfer a country club membership in the Houston, Texas, area he owns to the Company and would be provided a company-owned golf club membership in the Atlanta, Georgia, area, where he is based. All other terms of the employment agreement remained the same.
 
 
Item 9.01.    Financial Statements and Exhibits
 
Exhibit No.                Description
10.1                First Amendment to Employment Agreement of Craig J. Kelbel effective as of
                   September 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.
 
           
HCC Insurance Holdings, Inc.
 
 
Date: August 28, 2009
     
By:
 
/s/    Randy D. Rinicella
               
Randy D. Rinicella
               
Senior Vice President & General Counsel
 
 

 

EXHIBIT INDEX
 
Exhibit No.
  
Description
EX-10.1
  
First Amendment to Employment Agreement of Craig J. Kelbel effective as of September 1, 2009.
EX-10.1 2 rrd251807_29520.htm FIRST AMENDMENT TO EMPLOYMENT AGREEMENT OF CRAIG J. KELBEL EFFECTIVE AS OF SEPTEMBER 1, 2009. Exhibit 10

Exhibit 10.1

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT

This First Amendment (the "First Amendment") to that certain Employment Agreement (the "Agreement") dated effective as of March 1, 2007 by and between HCC Insurance Holdings, Inc. ("HCC") and Craig J. Kelbel ("Executive") is entered into effective as of September 1, 2009. Capitalized terms used herein and not otherwise defined shall have the meaning set forth in the Agreement.

In consideration of the covenants and agreements of the parties set forth below and other good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

  1. The Term of the Agreement set forth in Section 1 of the Agreement shall be extended to December 31, 2013.

  2. Section 3(g) shall be deleted in its entirety and replaced with the following:

    3. "(g) Country Club Dues. Executive shall be entitled to the use of a corporate membership (to be owned by the Company) at one country club to be agreed by the CEO. Monthly dues for such memberships shall be paid by the Company, and the initial membership costs associated with such membership shall not exceed $100,000. For the avoidance of doubt, upon Executive's obtaining a new country club membership in Atlanta, Georgia, the membership in Lochinvar Country Club in Houston, Texas, that is currently used by Executive shall revert to HCC. Executive agrees to take all actions reasonably requested by HCC or required by the club to vest ownership of such membership in HCC."

  3. All other provisions of the Agreement remain in full force and effect and are not altered by this Amendment.

[signature page follows]

 

 

IN WITNESS WHEREOF, the parties have executed this First Amendment to be effective as of September 1, 2009.

EXECUTIVE:

 

 

/s/ Craig J. Kelbel

Craig J. Kelbel

 

Date: 8/24/2009

COMPANY:

HCC Insurance Holdings, Inc.

 

By: /s/ John N. Molbeck, Jr.

John N. Molbeck, Jr.,

President & Chief Executive Officer

Date: 8/25/2009

 

 

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