DESTINATION MATERNITY CORPORATION (NASDAQ:DEST) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September7, 2017, the Company issued a press release relating to the management changes described in this Form 8-K. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
| Item 5.02 | Financial Statements and Exhibits. |
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Exhibit No. |
Description |
| 10.1 | Separation and Release Agreement dated September7, 2017, between the Company and Anthony M. Romano. |
| 10.2 | Letter Agreement dated September7, 2017, between the Company and Allen Weinstein. |
| 99.1 | Press Release dated September7, 2017. |
Destination Maternity Corp ExhibitEX-10.1 2 d454351dex101.htm EX-10.1 EX-10.1 Exhibit 10.1 EXECUTION VERSION SEPARATION AND RELEASE AGREEMENT THIS SEPARATION AND RELEASE AGREEMENT (this “Release”) is made by and between ANTHONY M. ROMANO (“Employee”) and DESTINATION MATERNITY CORPORATION (the “Company”). WHEREAS,…To view the full exhibit click here
About DESTINATION MATERNITY CORPORATION (NASDAQ:DEST)
Destination Maternity Corporation, formerly Mothers Work, Inc. is a designer and retailer of maternity apparel in the United States. The Company operates a chain of maternity apparel specialty stores. The Company operates through the design, manufacture, and sale of maternity apparel and related accessories segment. It operates approximately 1,815 retail locations, including over 540 stores in the United States, Canada and Puerto Rico, and approximately 1,280 leased departments located within department stores and baby specialty stores throughout the United States, in Puerto Rico and, in England. The Company sells merchandise on the Internet, primarily through its Motherhood.com, APeaInThePod.com and DestinationMaternity.com Websites. The Company also sells its merchandise through its Canadian Website, MotherhoodCanada.ca, through Amazon.com in the United States, and through Websites of certain of its retail partners. DESTINATION MATERNITY CORPORATION (NASDAQ:DEST) Recent Trading Information
DESTINATION MATERNITY CORPORATION (NASDAQ:DEST) closed its last trading session up +0.05 at 1.14 with 224,365 shares trading hands.
