Attached files
file | filename |
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EX-99.1 - ARBINET Corp | v193263_ex99-1.htm |
EX-10.1 - ARBINET Corp | v193263_ex10-1.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): August 11, 2010
ARBINET
CORPORATION
(Exact
Name of Registrant as Specified in Charter)
Delaware
|
0-51063
|
13-3930916
|
||
(State
or Other Jurisdiction
of
Incorporation)
|
(Commission
File
Number)
|
(IRS
Employer
Identification
No.)
|
||
460
Herndon Parkway, Suite 150
Herndon, Virginia
20170
|
20170
|
|||
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
Registrant’s
telephone number, including area code: 703-456-4100
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 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 2.02
|
Results of Operations and
Financial Condition.
|
On August
11, 2010, Arbinet Corporation (the “Company”) issued a press release announcing
its financial results for the second quarter ended June 30, 2010. A
copy of the press release is being furnished as part of this Current Report on
Form 8-K as Exhibit 99.1 and is incorporated herein by reference. The
information set forth in the press release shall not be deemed to be “filed” for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), or otherwise subject to the liability of that section, and
shall not be incorporated by reference into any registration statement or other
document filed under the Securities Act of 1933, as amended, or the Exchange
Act, except as shall be expressly set forth by specific reference in such
filing.
Item 5.02
|
Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain
Officers.
|
(e) Amendment to Employment
Agreement with Gary G. Brandt
On August
9, 2010, the Company entered into the First Amendment (the “Brandt Amendment”)
to the Employment Agreement (the “Employment Agreement”) between Arbinet and
Gary G. Brandt, Arbinet’s Chief Financial Officer. The Employment Agreement
provided, among other things, that until the earlier of September 1, 2010 or Mr.
Brandt’s relocation to the Herndon, Virginia area, Mr. Brandt was entitled to
reimbursement by the Company for up to $5,500 per month of his reasonable and
documented out-of-pocket expenses incurred for living expenses in the Herndon,
Virginia area and travel to and from his residence in
Connecticut. The Brandt Amendment has amended the foregoing
provisions of the Employment Agreement to provide, among other things, that
until the earlier of January 1, 2011 or Mr. Brandt’s relocation to the Herndon,
Virginia area, Mr. Brandt is entitled to reimbursement by the Company for up to
$5,500 per month of his reasonable and documented out-of-pocket expenses
incurred for living expenses in the Herndon, Virginia area and travel to and
from his residence in Connecticut.
The
foregoing summary of the Brandt Amendment does not purport to be complete and is
qualified in its entirety by reference to the Brandt Amendment, a copy of which
is attached hereto as Exhibit 10.1 and incorporated by reference into this Item
5.02.
Item
9.01
|
Financial
Statements and Exhibits.
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(d) Exhibits
Exhibit
Number
|
Description
|
|
10.1*
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First
Amendment, dated as of August 9, 2010, to the Employment Agreement by and
between Arbinet Corporation and Gary G. Brandt.
|
|
99.1**
|
Press
release dated August 11, 2010.
|
___________________________________
*
|
Filed
herewith
|
**
|
Furnished
herewith
|
SIGNATURE
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.
Arbinet
Corporation
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||
By:
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/s/
Christie A. Hill
|
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Name:
|
Christie
A. Hill
|
|
Title:
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General
Counsel and Secretary
|
Date: August
11, 2010
EXHIBIT
INDEX
Exhibit
Number
|
Description
|
|
10.1*
|
First
Amendment, dated as of August 9, 2010, to the Employment Agreement by and
between Arbinet Corporation and Gary G. Brandt.
|
|
99.1**
|
Press
release dated August 11, 2010.
|
_________________________________
*
|
Filed
herewith
|
**
|
Furnished
herewith
|