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): September 18, 2014
Cole Corporate Income Trust, Inc.
(Exact Name of Registrant as Specified in Its Charter)
| Maryland | 000-54940 | 2-2431980 | ||
| (State or other jurisdiction of incorporation or organization) |
(Commission File Number) | (I.R.S. Employer Identification No.) |
2325 East Camelback Road, Suite 1100, Phoenix, Arizona 85016
(Address of principal executive offices)
(Zip Code)
(602) 778-8700
(Registrant’s telephone number, including area code)
None
(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 1.01 | Entry Into a Material Definitive Agreement |
On September 18, 2014, in connection with his appointment as executive vice president, chief financial officer and treasurer of Cole Corporate Income Trust, Inc. (the “Company”), Brian S. Block entered into an indemnification agreement with the Company, effective September 5, 2014, that obligates the Company to indemnify him to the maximum extent permitted by Maryland law against all judgments, penalties, fines and amounts paid in settlement and all expenses actually and reasonably incurred by Mr. Block or on his behalf in connection with a proceeding. Mr. Block is not entitled to indemnification if it is established that one of the exceptions to indemnification under Maryland law, as set forth in the indemnification agreement, exists.
In addition, the indemnification agreement requires the Company to advance reasonable expenses incurred by or on behalf of Mr. Block within 10 days of the receipt by the Company of a statement from Mr. Block requesting the advance. The indemnification agreement also provides for procedures for the determination of entitlement to indemnification.
The foregoing description of the indemnification agreement is qualified in its entirety by reference to the full text of the form of indemnification agreement which was attached to the Company’s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission as Exhibit 10.1 on September 2, 2014, which is incorporated herein by reference.
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| Item 9.01 | Financial Statements and Exhibits |
| (d) | Exhibits |
| Exhibit No. |
Description | |
| 10.1 | Form of Indemnification Agreement (Incorporated by reference to Exhibit 10.1 to the Company’s Form 8-K (File No. 000-54940), filed on September 2, 2014). | |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: September 19, 2014 | COLE CORPORATE INCOME TRUST, INC. | |||||||
| By: | /s/ Brian S. Block | |||||||
| Name: | Brian S. Block | |||||||
| Title: | Executive Vice President, Principal Financial Officer | |||||||
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Exhibit Index
| Exhibit No. |
Description | |
| 10.1 | Form of Indemnification Agreement (Incorporated by reference to Exhibit 10.1 to the Company’s Form 8-K (File No. 000-54940), filed on September 2, 2014). | |
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