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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 31, 2010
Symantec Corporation
(Exact Name of Registrant as Specified in Charter)
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Delaware
(State or Other Jurisdiction of
Incorporation)
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000-17781
(Commission
File Number)
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77-0181864
(IRS Employer
Identification No.) |
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350 Ellis Street, Mountain View, CA
(Address of Principal Executive Offices)
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94043
(Zip Code) |
Registrants Telephone Number, Including Area Code (650) 527-8000
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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment
of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) Effective August 31, 2010, Symantec Corporation (the Company) entered into a Separation and
Release Agreement (the Agreement) with Gregory Hughes to provide for the terms of his separation
from the Company. The Company previously reported Mr. Hughes departure from the Company in a
Current Report on Form 8-K filed with the Securities and Exchange Commission on July 7, 2010.
Pursuant to the terms of the Agreement, the Company will pay to Mr. Hughes a cash severance payment
totaling $209,422.98. In addition, the Company has agreed to provide continued group health plan
coverage through COBRA for up to 12 months at the Companys
expense. Pursuant to the Agreement, Mr. Hughes provided Symantec and its affiliates with a general liability release. The foregoing description
of the Agreement is qualified in its entirety by reference to the Agreement, a copy of which is
filed as Exhibit 10.01 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
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Exhibit Number |
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Exhibit Title or Description |
10.01
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Separation and Release Agreement, effective August 31, 2010, between Symantec Corporation
and Gregory Hughes. |
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.
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Symantec Corporation
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Date: September 7, 2010 |
By: |
/s/ Scott C. Taylor
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Scott C. Taylor |
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Executive Vice President, General Counsel and Secretary |
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Exhibit Index
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Exhibit Number |
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Exhibit Title or Description |
10.01
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Separation and Release Agreement, effective August 31, 2010, between Symantec Corporation
and Gregory Hughes. |