INNODATA INC. (NASDAQ:INOD) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01.
| Entry into a Material Definitive Agreement. |
Reference is made to Item 5.02 for information on an amendment to
the agreement dated January 1, 2007 between Innodata Inc. f/k/a
Innodata Isogen, Inc. (the Company) and Ashok Mishra (Mr.
Mishra).
| Item 5.02. |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(e)On August 28, 2018 the Company and Mr. Mishra entered into
Amendment No. 1 (the Amendment) to the agreement dated January 1,
2007 between the Company (formerly Innodata Isogen Inc.) and Mr.
Mishra (the Agreement). Mr. Mishra is the Executive Vice
President and Chief Operating Officer of the Company.
The Amendment provides that effective as of August 1, 2018 Mr.
Mishra will be employed by both Innodata Inc. and the Employing
Subsidiary as defined in the Amendment. The Amendment also
reflects tax law requirements under Section 409A of the Internal
Revenue Code in relation to severance payments.
The foregoing summary description of the Amendment is not
intended to be complete and is qualified in its entirety by
reference to the complete text of the Amendment that is filed as
an exhibit to this Report.
| (d) | Exhibits |
| 10.1 |
Amendment Number 1 dated August 24, 2018 to Agreement dated January 1, 2007 between the Company and Mr. Mishra |
INNODATA INC ExhibitEX-10.1 2 tv501863_ex10-1.htm EXHIBIT 10.1 Exhibit 10.1 Amendment Number 1 AMENDMENT NUMBER 1 dated August 24,…To view the full exhibit click here
About INNODATA INC. (NASDAQ:INOD)
Innodata Inc. is a digital services and solutions company. The Company’s technology and services power information products and online retail destinations around the world. Its segments include Content Services (CS), Innodata Advanced Data Solutions (IADS) and Media Intelligence Solutions (MIS). The CS segment provides solutions, such as development of digital content (including e-books), development of digital information products, and operational support of digital information products and systems. IADS operates through two subsidiaries, such as Synodex, which is engaged in the extraction and classification of data from unstructured medical records, and docGenix, which is engaged in the extraction and classification of data from unstructured legal records. The MIS segment operates through its subsidiaries, including MediaMiser, which provides media monitoring and analysis software and professional services, and Bulldog Reporter, which supplies media intelligence news and analysis.
