(State
or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification No.)
i4205 River Green Parkway
iDuluth,
iGeorgiai30096
(Address of principal executive offices, including Zip Code)
i770i813-9200
(Registrant’s telephone number, including area code)
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:
i☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
i☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
i☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
i☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of
the Act
Title of Class
Trading Symbol
Name of exchange on which registered
iCommon stock
iAGCO
iNew
York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company i☐
If an emerging growth company,
indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 1.01.
Entry
Into a Material Definitive Agreement.
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 14, 2020, the Company entered into an amended and restated Employment and Severance Agreement with Eric P. Hansotia, who the Company previously announced will succeed Martin H. Richenhagen as Chairman of the Board, President and Chief Executive Officer of the Company
effective January 1, 2021. The Agreement provides for a base salary of $1,150,000 per year and participation in the Company’s incentive compensation and supplemental executive retirement plans, fringe benefits (including limited corporate-provided aircraft use), and customary health and life insurance and similar benefits. The Agreement also contains restrictive covenants and confidentiality obligations and termination benefits.
A conformed copy of the Agreement is attached hereto as Exhibit 10.1, and is incorporated herein by this reference.
Cover
Page Interactive Data File - the cover page from this Current Report on Form 8-K is formatted in Inline XBRL.
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.