Attached files
| file | filename |
|---|---|
| EX-99.1 - EARNINGS RELEASE 3/31/2010 - CITIZENS FIRST CORP | exh99141510.htm |
| EX-10.1 - EMPLOYMENT AGREEMENT STEVE MARCUM - CITIZENS FIRST CORP | exh10141510.htm |
|
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) 4/15/2010
|
CITIZENS FIRST
CORPORATION
|
|
(Exact
name of registrant as specified in its
charter)
|
|
Kentucky
333-67435
61-0912615
|
||
|
(State
or other jurisdiction
of
incorporation)
|
(Commission
File
Number)
|
(IRS
Employer
Identification
No.)
|
|
1065
Ashley Street, Bowling Green,
Kentucky 42103
|
|
|
(Address
of principal executive offices)
|
(Zip
Code)
|
Registrant's
telephone number, including area code (270)
393-0700
|
Not
Applicable
|
||
|
|
||
|
(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 obligations of the registrant under any
of the following provisions (see General Instruction A.2.
below):
|
||
|
[ ]
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))
|
||
1
ITEM 2.02. RESULTS OF
OPERATION AND FINANCIAL CONDITION.
On April
15, 2010, Citizens First Corporation issued a press release, a copy of which is
attached hereto as Exhibit 99.1 and incorporated herein by
reference. The press release announced the Company’s operating
results for the quarter ended March 31, 2010.
The
information in this Item 2.02 in this Form 8-K and the Exhibit 99.1 attached
hereto shall not be deemed filed for purposes of Section 18 of the Securities
and Exchange Act of 1934, nor shall it be deemed incorporated by reference in
any filing under the Securities Act of 1933, except as shall be expressly set
forth by specific reference in such filing.
Item 5.02
Departure of Directors or Principal Officers; Election of Directors; Appointment
of Principal Officers; Compensatory Arrangement of Principal
Officers.
On April
15, 2010, the Company and Steve Marcum entered into an employment agreement
effective as of April 15, 2010. The
employment agreement provides for Mr. Marcum's employment as Executive Vice
President and Chief Financial Officer, is for a term of three years and
will be automatically renewed for successive one year terms unless either
party gives 60 days notice to the other of its intent not to renew. The
agreement provides for payment to Mr. Marcum of an annual salary of $152,500,
four week’s vacation annually and participation in all employee benefit programs
as are offered by the Company to its other executive officers. The
agreement may be terminated by the Company for cause (as defined in the
agreement). In the event the agreement is terminated with cause, Mr. Marcum
shall not be entitled to any further compensation following written notice of
termination. Mr. Marcum may voluntarily terminate his employment upon
60 days notice. In the event the agreement is terminated by Mr. Marcum, the
Company will be obligated to pay Mr. Marcum the value of accrued fringe benefits
through the date of termination. In the event of Mr. Marcum’s
termination of the agreement, he will be prohibited for six months from (i)
rendering any services to any banking institutions in Warren, Barren, Hart, and
Simpson Counties in Kentucky and any county contiguous to Warren County, (ii)
offering employment to any other person who was an employee or agent of the
Company at any time during the last twelve months of Mr. Marcum's employment, or
(ii) contact any existing or prospective customer of the Company for the purpose
of soliciting, offering or doing any type of business or services similar
in nature to the business of the Company.
The foregoing description is qualified
by reference in its entirety to the employment agreement, a copy of which is
filed herewith as Exhibit 10.1 and incorporated in this Item 5.02 by
reference.
|
ITEM
7.01. REGULATION FD DISCLOSURE.
|
|
See
“Item 2.02. Results of Operations and Financial Condition” which is
incorporated by reference in this Item 7.01.
|
|
ITEM
9.01. FINANCIAL STATEMENTS AND EXHIBITS.
|
|
10.1
Employment Agreement of Steve Marcum dated April 15, 2010
99.1Press
Release dated April 15, 2010
|
2
|
|
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.
|
CITIZENS
FIRST CORPORATION
|
|
(Registrant)
|
|
By: /s/
M. Todd Kanipe
M. Todd Kanipe
|
|
President
and Chief Executive Officer
|
|
Date:
April 15, 2010
|
3
|
EXHIBIT
INDEX
|
|
10.1Employment
Agreement of Steve Marcum April 15, 2010
|
|
99.1Press
Release dated April 15, 2010
|
4