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IFF > SEC Filings for IFF > Form 8-K on 19-Oct-2009All Recent SEC Filings

Show all filings for INTERNATIONAL FLAVORS & FRAGRANCES INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for INTERNATIONAL FLAVORS & FRAGRANCES INC


19-Oct-2009

Change in Directors or Principal Officers, Financial State


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) On October 14, 2009, International Flavors & Fragrances Inc. (the "Company") entered into an agreement (the "Separation Agreement") with Robert Amen, the Company's former Chairman of the Board of Directors and Chief Executive Officer, in connection with his previously announced separation from the Company and his resignation as a director and officer of the Company effective as of September 30, 2009 (which press release announcing such retirement was filed as Exhibit 99.1 to the Company's Current Report on Form 8-K on September 14, 2009). The Separation Agreement includes provisions that Mr. Amen will receive severance and other benefits, including pro rata vesting treatment with respect to his outstanding long-term incentive awards and other equity awards, which provisions are consistent with the terms and conditions of the Company's Restated and Amended Executive Separation Policy as amended through and including December 31, 2007 (filed as Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q on July 30, 2008) and Mr. Amen's Employment Agreement dated July 1, 2006 (filed as Exhibit 10.1 to the Company's Current Report on Form 8-K on June 29, 2006). The summary of Mr. Amen's Separation Agreement is qualified in all respects by the terms and conditions of Mr. Amen's Separation Agreement, which is filed as Exhibit 10.1 hereto.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit

10.1 Separation Agreement between International Flavors & Fragrances Inc. and Robert Amen effective as of September 30, 2009.


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