Attached files
| file | filename |
|---|---|
| EX-10.1 - MATERIAL CONTRACT - Cleartronic, Inc. | ex10.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
October 12, 2012 (October 5, 2012)
Date of Report (Date of earliest event reported)
CLEARTRONIC, INC.
(Exact name of registrant as specified in its charter)
Florida |
| 333-135585 |
| 65-0958798 |
(State or other jurisdiction of |
| (Commission File Number) |
| (IRS Employer Identification No.) |
incorporation) |
|
|
|
|
8000 North Federal Highway Boca Raton, FL 33487 |
(Address of principal executive offices) |
(561) 939-3300
Registrant’s telephone number, including area 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)) |
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e)
Compensatory Arrangements of Officers
In connection with his agreement to remain a director and Chief Executive Officer of the corporation, Larry Reid entered into a one year Employment Agreement with the corporation effective October 5, 2012. The agreement provides that Mr. Reid will receive a monthly cash fee of $5,000 per month and 3,000,000,000 restricted shares of the corporation’s common stock.
(d) | Exhibits |
Exhibit No. |
|
Exhibit Description |
10.1 |
|
Agreement between Cleartronic, Inc. and Larry Reid dated October 5, 2012 |
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.
| CLEARTRONIC, INC. |
| (Registrant) |
|
|
Date: October 12, 2012 | /s/ Larry M. Reid |
| Name: Larry M. Reid |
| Title: Chief Executive Officer |
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