Document
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 and Exchange Act of 1934
Date of Report: December 12, 2017
(Date of earliest event reported)
AGILYSYS, INC.
(Exact name of registrant as specified in its charter)
|
| | | | |
| | | | |
Ohio | | 000-5734 | | 34-0907152 |
|
(State or other jurisdiction | | (Commission File Number) | | (IRS Employer Identification No.) |
of incorporation) | | | | |
|
| | |
| | |
1000 Windward Concourse, Suite 250, Alpharetta, Georgia | | 30005 |
|
(Address of principal executive offices) | | (ZIP Code) |
Registrant’s telephone number, including area code: (770) 810-7800
N/A
(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 October 16, 2017, Jimmie Walker, Jr.’s employment as Senior Vice President, Global Revenue, of Agilysys, Inc., through its wholly-owned operating subsidiary Agilysys NV, LLC (the “Company”), was terminated. On December 12, 2017, the Company and Mr. Walker entered into a separation agreement (the “Separation Agreement”). Pursuant to the terms of the Separation Agreement, Mr. Walker will receive a severance payments totaling $200,000.
Mr. Walker will be subject to non-competition and non-solicitation provisions set forth in the Separation Agreement for a period of nine months from his separation of employment. The Separation Agreement also includes a customary release of claims by Mr. Walker in favor of the Company.
The description of the Separation Agreement contained herein does not purport to be complete and is qualified in its entirety by reference to the full text of the Separation Agreement, which was filed as Exhibit 10.1 hereto and is incorporated herein by reference.
| |
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
The following items are filed as exhibits to this current report on Form 8-K:
Exhibit Number Description of Exhibit
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.
|
| | | | |
| | | | |
| AGILYSYS, INC. | |
| By: | /s/ Kyle C. Badger | |
| | Kyle C. Badger | |
| | Senior Vice President, General Counsel and Secretary
| |
|
Date: December18, 2017