-----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, M2tKSKINL4mpYV18nlo31DUbIodSwaWbv7NLzXgXw9iivoFDNPDpbvseQgNGrAUp U99pbOTvatb60/Kc/9t9Ug== 0000909567-04-001720.txt : 20041209 0000909567-04-001720.hdr.sgml : 20041209 20041209093059 ACCESSION NUMBER: 0000909567-04-001720 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041206 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20041209 DATE AS OF CHANGE: 20041209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VITRAN CORP INC CENTRAL INDEX KEY: 0000946823 STANDARD INDUSTRIAL CLASSIFICATION: ARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO [4731] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26256 FILM NUMBER: 041192108 BUSINESS ADDRESS: STREET 1: 185 THE WEST MALL STREET 2: SUITE 701 CITY: TORONTO STATE: A6 ZIP: M9C 5L5 BUSINESS PHONE: 416-596-7664 MAIL ADDRESS: STREET 1: 185 THE WEST MALL STREET 2: SUITE 701 CITY: TORONTO STATE: A6 ZIP: M9C 5L5 8-K 1 t14917e8vk.htm 8-K e8vk
 



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)
December 6, 2004

Vitran Corporation Inc.


(Exact name of registrant as specified in its charter)
         
CANADA

(State or other jurisdiction of
incorporation)
  000-26256

(Commission File Number)
  Not applicable

(IRS Employer Identification No.)
     
185 The West Mall, Suite 701, Toronto, Ontario, Canada

(Address of principal executive offices)
  M9C 5L5

(Zip code)

416-596-7664


(Registrant’s telephone number, including area code)



 


 

Item 5.02 (c)(2) Departure of Directors or Principal Officers; Election of Directors: Appointment of Principals officers

Attached hereto as Exhibit 99.1, is the description of material terms regarding the employment agreement between Sean Washchuk, Vice President of Finance and Chief Financial Officer of Vitran Corporation and Vitran Corporation Inc, in its entirety by reference herein.


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, thereunto duly authorized.
         
  VITRAN CORPORATION INC.
 
 
  By:   /s/ Sean P. Washchuk    
    Name:   Sean P. Washchuk   
Date: December 6, 2004    Title:   Vice President Finance and Chief Financial Officer   
 


EXHIBIT INDEX

     
Exhibit
  Description of Exhibit
99.1
  Description of material terms regarding the employment agreement between Sean Washchuk Vice President of Finance and Chief Financial Officer and Vitran Corporation Inc — dated November 25, 2004

 

EX-99.1 2 t14917exv99w1.htm EX-99.1 exv99w1
 

November 25, 2004

Sean Washchuk
Vitran Corporation Inc.
185 The West Mall, Suite 701
Toronto, ON
M9C 5L5

Dear Sean:

Re: Offer of Employment

Further to our various discussions I am pleased to offer you the position of Vice President Finance & Chief Financial Officer of Vitran Corporation Inc. effective September 20, 2004.

I am confident that you will continue to be a very productive member of the Vitran Team that will more than meet the challenges inherent in continuing the growth and development of Vitran Corporation Inc. I trust that the compensation package outlined below together with periodic reviews will provide an appropriate reward for your contribution.

Your compensation package would consist of the following elements:

     
Base Salary:
  $175,000 per annum to be reviewed annually after the fiscal year results are settled and would be effective January 1.
 
   
Annual Bonus Potential:
  The bonus potential, starting with the 2004 fiscal year, will be 50% of your annual salary and will be based upon personal and company performance pro rated over the three remaining months of the year. The first nine months will be at the agreed-to rate of your prior position of Corporate Controller.
 
   
Benefits:
  Vitran Corporation Inc. will provide and pay for health benefits consistent with the Vitran Corporate Executive Package.
 
   
Car Allowance:
  Vitran Corporation Inc. will provide a car allowance in the amount of $990.00 per month, to be reviewed annually.
 
   
Car Insurance:
  Vitran Corporation Inc. will cover your car insurance through its fleet insurance program.
 
   
Wellness:
  Vitran Corporation Inc. will reimburse you for your monthly gym membership fees and for an annual executive medical analysis.

 


 

Representation from Sean Washchuk

  1.   That to the best of your knowledge you are in good health and do not have any medical condition(s) that will prevent you from giving your full time and attention to your performance as Vice President Finance & Chief Financial Officer of Vitran Corporation Inc.
 
  2.   That you will devote your full time and attention to the performance of your duties as Vice President Finance & Chief Financial Officer of Vitran Corporation and not engage in any other business activity outside of Vitran without the express written consent of the Chief Executive Officer of Vitran Corporation.
 
  3.   That in the event that you decide to leave the employ of Vitran you agree to provide a minimum of 3 weeks notice.
 
  4.   In the event your employment ceases with Vitran Corporation Inc. you agree not to disclose, take benefit from, or use any confidential information of Vitran Corporation Inc. and its subsidiaries.

I trust that the above terms and conditions of employment are acceptable to you and accurately reflect our discussions. If this is the case, would you please sign the acceptance by November 26, 2004 and return an executed copy to me. We are excited about your promotion.

Sincerely,

/s/ Rick Gaetz

Rick E. Gaetz
President &
     Chief Executive Officer

I hereby accept the offer of employment as Vice President Finance & Chief Financial Officer of Vitran Corporation under the terms and conditions outlined in this letter including my representation.

       
/s/ Sean Washchuk   November 26, 2004  

 
 
 
 
Sean Washchuk   Date  

 

-----END PRIVACY-ENHANCED MESSAGE-----