New Relic, Inc. (NYSE:NEWR) 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 December 6, 2017, New Relic, Inc. (the “Company”) entered into letter agreements (the “Extension Agreements”) with each of its named executive officers extending the term of each named executive officer’s Change in Control and Severance Agreements to December 31, 2020. The terms of the Change in Control and Severance Agreements, a form of which was previously filed with the Securities and Exchange Commission as Exhibit 10.12 to the Company’s Amendment No. 1 to Registration Statement on Form S-1 on December 1, 2014, otherwise remain unchanged.
The foregoing description of the Extension Agreements is not intended to be complete and is qualified in its entirety by reference to the full text of the form of Extension Agreements, which will be filed as an exhibits to the Company’s Quarterly Report on Form 10-Q for the quarter ended December 31, 2017.
About New Relic, Inc. (NYSE:NEWR)
New Relic, Inc. (New Relic) is a provider of enterprise software. The Company’s cloud-based platform and range of products enable organizations to collect, store and analyze software data in real time. The Company’s New Relic Software Analytics Cloud consists of an integrated suite of products, a data database and an open platform. New Relic offers an integrated suite of products, namely, New Relic APM, for application performance management; New Relic Mobile, for mobile application performance management; New Relic Servers, for server monitoring for cloud and data centers; New Relic Browser, for end user experience monitoring and performance monitoring; New Relic Synthetics, for software testing through simulated usage; New Relic Plugins, plugins to extend its functionality into other applications; New Relic Alerts, for policy management and delivering alerts across entire suite of products, and New Relic Insights, for real-time big data analytics for business managers.