CDW CORPORATION (NASDAQ:CDW) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
On March8, 2019, CDW Corporation (the Company) entered into amended and restated Compensation Protection Agreements with each of Christine A. Leahy (as previously modified to reflect the specific terms set forth in Ms.Leahys Amended and Restated Compensation Protection Agreement dated January1, 2019), Jill M. Billhorn, Mark C. Chong, Elizabeth H. Connelly, Christina M. Corley, Douglas E. Eckrote, Collin B. Kebo, Robert F. Kirby, Frederick J. Kulevich, Christina V. Rother, Jonathan J. Stevens and Matthew A. Troka (each, an Executive Officer), effective as of January1, 2020. Under each Compensation Protection Agreement, the Executive Officer is entitled to severance benefits upon a qualifying termination of employment with the Company and its subsidiaries.
The sole purpose of amending and restating such Compensation Protection Agreements was to extend the expiration date of each such agreement by three years from January1, 2020 to January1, 2023.
The foregoing is only a summary of the material terms of the Compensation Protection Agreements, as amended and restated, and does not purport to be complete, and is qualified in its entirety by reference to Ms.Leahys Compensation Protection Agreement and the form of the other Executive Officers Compensation Protection Agreements, as amended and restated, copies of which are filed as Exhibits 10.1 and 10.2 hereto and incorporated by reference herein.
(d) Exhibits
Form of Compensation Protection Agreement (effective on and after January1, 2020). |
2
CDW Corp Exhibit
EX-10.1 2 d720186dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 COMPENSATION PROTECTION AGREEMENT THIS COMPENSATION PROTECTION AGREEMENT (the Agreement) is entered into effective as of January 1,…
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About CDW CORPORATION (NASDAQ:CDW)
CDW Corporation (CDW) provides integrated information technology (IT) solutions. The Company’s segments include Corporate, Public and Other. The Corporate segment consists of private sector business customers. The Corporate segment is divided into a medium/large business customer channel, serving customers with approximately 100 employees and a small business customer channel, serving customers with over 100 employees. The Public segment consists of government agencies and education and healthcare institutions. The Other segment includes CDW Advanced Services, Canada and Kelway. The CDW Advanced Services business consists of customized engineering services delivered by technology specialists and engineers, and managed services that include infrastructure as a service offering. Its array of offerings ranges from discrete hardware and software products to integrated IT solutions, such as mobility, security, data center optimization, cloud computing, virtualization and collaboration.