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As Of Filer Filing For·On·As Docs:Size Issuer Agent 12/10/08 Yahoo Inc 8-K:5 12/10/08 1:17K Bowne - Palo Alto/FA |
Document/Exhibit Description Pages Size 1: 8-K Current Report HTML 19K
e8vk |
Delaware | 000-28018 | 77-0398689 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
701 First Avenue | ||
Sunnyvale, California | 94089 | |
(Address of principal executive offices) | (Zip 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: |
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
o | 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. |
1) | The period during which the termination of an eligible employee would trigger eligibility for severance benefits is decreased from two years following a “Change in Control” (as defined in the applicable Amended Severance Plan) to one year. | ||
2) | The circumstances permitting an eligible employee to terminate employment for “Good Reason” (as defined in the applicable Amended Severance Plan) following a Change in Control have been amended. | ||
3) | The Board of Directors in place prior to a Change in Control is given the ability, subject to certain limitations, to terminate or amend the Amended Severance Plans during a Potential Change in Control Period (as defined in the applicable Amended Severance Plan) as part of any Board of Directors approved transaction that would constitute a Change in Control. | ||
4) | Any dispute between an employee and the Company concerning an application for benefits based upon a claimed material diminution in the employee’s duties and responsibilities will be subject to binding arbitration. | ||
5) | Neither the election of a new Board of Directors that is made up of a majority of members who were not members of the Board of Directors prior to the election nor a sale of the Company’s search business would constitute a Change in Control. |
YAHOO! INC. | ||||||
(Registrant) | ||||||
By: | /s/ Michael J. Callahan
|
|||||
Name: | Michael J. Callahan | |||||
Title: | Executive Vice President, General Counsel and Secretary |
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Date:
December 10, 2008 |
This ‘8-K’ Filing | Date | Other Filings | ||
---|---|---|---|---|
Filed on / For Period End: | 12/10/08 | |||
2/27/08 | 10-K, S-8 | |||
2/19/08 | 425, 8-K | |||
2/12/08 | 425, 8-K | |||
List all Filings |