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Quotes & Info
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| ANCI > SEC Filings for ANCI > Form 8-K on 6-Aug-2009 | All Recent SEC Filings |
6-Aug-2009
Change in Directors or Principal Officers
On August 2, 2009, Kurt Fullmer notified American CareSource Holdings, Inc. (the "Company") of his resignation as the Company's Vice President of Client Development effective July 31, 2009.
The Company has made an offer to enter into a Release and Acknowledgement Agreement (the "Agreement") with Kurt Fullmer in connection with his resignation. The Agreement provides for, among other things, cash payments by the Company to Mr. Fullmer of an aggregate of approximately $112,500 over the next six months. The Agreement also provides that restricted stock units exercisable for 8,761 shares of common stock that Mr. Fullmer had previously received as a bonus for 2008 vest immediately, that options to purchase 17,500 shares that Mr. Fullmer had previously received will vest through September 24, 2009 as compensation for consulting services to be rendered through such time, and that all other unvested options and grants shall expire. The Company's offer remains outstanding through August 21, 2009.
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