IOMEGA CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Delaware (State or Other Jurisdiction of Incorporation) |
1-12333 (Commission File Number) |
86-0385884 (IRS Employer Identification No.) |
10955 Vista Sorrento Parkway, San Diego, CA (Address of Principal Executive Offices) |
92130 (Zip Code) |
(858)
314-7000
(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
obligations 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))
On July 18, 2005, the Compensation Committee of the Board of Directors of Iomega Corporation amended the employment agreement with Anna Aguirre, Vice President, Human Resources and Facilities, to provide that Iomega Corporation would pay Ms. Aguirre an additional three months of base salary in severance (for a total of nine months of base salary) if her employment is terminated other than for cause.
On July 18, 2005, the Compensation Committee also authorized the establishment of a severance arrangement for Ulrike Tegtmeier, Vice President, Managing Director for EMEA &Asia Pacific. Under this arrangement, Iomega Corporation would pay Ms. Tegtmeier severance pay equal to nine months of base salary if her employment is terminated other than for cause.
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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 thereunto duly authorized.
Date: July 22, 2005 |
IOMEGA CORPORATION (Registrant) By: /s/ Thomas D. Kampfer Thomas D. Kampfer Executive Vice President, Business Solutions, General Counsel and Secretary |
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