Attached files
file | filename |
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EX-10 - Neiman Marcus Group LTD LLC | goldamgt.htm |
EX-10 - Neiman Marcus Group LTD LLC | empagtjs.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): July 22, 2010 |
NEIMAN MARCUS, INC. |
(Exact name of registrant as specified in its charter) |
Delaware |
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333-133184-12 |
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20-3509435 |
(State or other jurisdiction |
(Commission File |
(IRS Employer |
One Marcus Square |
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1618 Main Street, Dallas, Texas |
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75201 |
(Address of principal executive offices) |
(Zip Code) |
Registrant's telephone number, included area code: (214) 741-6911 |
Not Applicable . |
(Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8K 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) |
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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 July 22, 2010, Neiman Marcus, Inc. (the "Company") and its wholly-owned subsidiary, The Neiman Marcus Group, Inc. (collectively with the Company, "the Neiman Marcus Group"), entered into new employment agreements with James E. Skinner, Executive Vice President and Chief Financial Officer, and James J. Gold, President and Chief Executive Officer of Bergdorf Goodman, Inc., the terms of which become effective on October 6, 2010. Each of the employment agreements is for a four-year term with automatic extensions of one year unless either party provides three months' written notice of non-renewal. The agreement with Mr. Skinner provides that he will act as Executive Vice President, Chief Operating Officer and Chief Financial Officer of the Neiman Marcus Group for a beginning annual base salary of $700,000 and participation in an annual incentive program with a target bonus opportunity of 75% of annual base salary and a maximum bonus of 150% of annual base salary. In addition, as part of the agreement, the Company will, effective September 30, 2010 and pursuant to the Company's Management Equity Incentive Plan ("Plan"), grant Mr. Skinner a non-qualified stock option with respect to 2,200 shares of Common Stock of the Company with an exercise price equal to the fair market value of the Common Stock at the time of grant. The stock option will expire no later than the seventh anniversary of the grant date. |
Item 9.01 |
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Financial Statements, Pro Forma Financial Information and Exhibits. |
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(d) Exhibits |
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10.1 |
Employment Agreement dated July 22, 2010 by and among Neiman Marcus, Inc., The Neiman Marcus Group, Inc. and James E. Skinner. |
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10.2 |
Employment Agreement dated July 22, 2010 by and among Neiman Marcus, Inc., The Neiman Marcus Group, Inc. and James J. Gold. |
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. |
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NEIMAN MARCUS, INC. |
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(Registrant) |
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Date: July 28, 2010 |
By: |
/s/ Nelson A. Bangs |
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Nelson A. Bangs |
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Senior Vice President |
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INDEX TO EXHIBITS
Exhibit No. |
Description |
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10.1 |
Employment Agreement dated July 22, 2010 by and among Neiman Marcus, Inc., The Neiman Marcus Group, Inc. and James E. Skinner. |
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10.2 |
Employment Agreement dated July 22, 2010 by and among Neiman Marcus, Inc., The Neiman Marcus Group, Inc. and James J. Gold. |