eGain CORPORATION (NASDAQ:EGAN) 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.
(e)Compensatory Arrangement of Certain Officers.
This Form8‑K/A is filed as an amendment (“Amendment No.1”) to the Current Report on Form8‑K filed by eGain Corporation (the “Company”) on September25, 2017. This Amendment No.1 is being filed to add information regarding the salary increase of an executive officer, as set forth below, which was inadvertently omitted in the original filing.
On September19, 2017 the Board of Directors of the Company approved an increase in the annual salary of Ashutosh Roy, the Company’s Chief Executive Officer, from $24.00 to $250,000.00 annually, with effect from September1, 2017.
About eGain CORPORATION (NASDAQ:EGAN)
eGain Corporation (eGain) provides cloud-based and on-site customer engagement software solutions. The Company optimizes service processes across the Web, social and phone channels. The Company’s solutions help business to consumer (B2C) businesses to operationalize digital customer engagement strategies. The Company is engaged in the development, license, implementation and support of customer service infrastructure software solutions. The Company offers eGain solution, which is designed for B2C businesses to do business with their customers. The Company offers eGain OpenCEH, which is an engagement hub platform. The eGain suite includes Mobile applications; Social applications; Web applications; Desktop applications; Management applications and analytics; Messaging applications; eGain OpenCEH, and eGain Connectors. It provides analytics capability to various contact centers for intra-day resource measurement and management, managing operational agility, and agent productivity.
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