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EX-10.1 - AMENDMENT TO EMPLOYMENT AGREEMENT, EFFECTIVE MARCH 29, 2017, BETWEEN TSR, INC. A - TSR INCf8k032917ex10i_tsrinc.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):

 

March 29, 2017

 

TSR, Inc.

(Exact name of registrant as specified in charter)

 

Delaware   0-8656   13-2635899
(State or other jurisdiction of
incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

400 Oser Avenue, Suite 150, Hauppauge, NY   11788
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (631) 231-0333

 

 

 

(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 (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))

 

 

 

 

 

 

Section 1 – Registrant’s Business and Operations

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On March 29, 2017, TSR, Inc. (the “Company”) and Christopher Hughes, Senior Vice President of the Company and President of the Company’s wholly-owned subsidiary, TSR Consulting Services, Inc., entered into an amendment to Mr. Hughes’ Employment Agreement with the Company, dated as of March 1, 2012, to extend the term thereof from March 31, 2017 to April 30, 2017. The Employment Agreement had previously been amended to extend the term from February 28, 2017 to March 31, 2017. A copy of the amendment is attached as Exhibit 10.1.

 

Section 9 – Financial Statements and Exhibits

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

10.1 Amendment to Employment Agreement, effective March 29, 2017, between TSR, Inc. and Christopher Hughes.

 

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SIGNATURES

 

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.

 

  TSR, INC.
  (Registrant)
     
  By: /s/ John G. Sharkey
    John G. Sharkey
    Vice President-Finance, Controller and
    Secretary

 

Date: March 30, 2017

 

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EXHIBIT INDEX

 

Exhibit

Number

 

 

Description

10.1   Amendment to Employment Agreement, effective March 29, 2017, between TSR, Inc. and Christopher Hughes.

 

 

 

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