News Focus
News Focus
Post# of 257428
Next 10
Followers 45
Posts 3206
Boards Moderated 0
Alias Born 12/29/2003

Re: zipjet post# 64021

Monday, 07/07/2008 4:44:16 PM

Monday, July 07, 2008 4:44:16 PM

Post# of 257428
Nothing in here seems unreasonable. I just pointed it out, thought it was a strong clue they were in play. Of course I only found it after todays deal :)


In addition on June 27, 2008, the compensation committee approved retention agreements with each of Thomas Silberg, Frank Harmon and Richard Maroun. Under the terms of these retention agreements, such persons would receive a severance payment in event that his employment is terminated for certain reasons within two (2) years following a change of control of the Company, and (i) his base salary is reduced other than as applied to other similarly situated employees, or (ii) he is required to be based outside of 50 miles from Schaumburg, Illinois or Los Angeles, California without his consent, or (iii) his employment is terminated by the Company other than for cause, disability or death.



Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now