Open Text Corporation (NASDAQ:OTEX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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Open Text Corporation (NASDAQ:OTEX) 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

Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers
On June 1, 2017, the Company entered into Amendment No. 3 to the
employment agreement with Mr. Mark J. Barrenechea, Chief
Executive Officer and Chief Technology Officer of the Company,
amending the employment agreement originally dated October 30,
2012, as amended. Mr. Barrenecheas employment with the Company
has been extended for an additional three-year period. A copy of
Amendment No. 3 between Mr. Barrenechea and the Company is
attached as an exhibit to this Current Report on Form 8-K.
Item 9.01
Financial Statements and Exhibits
(d)
Exhibits>
Exhibit
No.
Description
10.1
Amendment No. 3 to the Employment Agreement between
Mark J. Barrenechea and the Company dated June 1, 2017
(amending the Employment Agreement between Mark J.
Barrenechea and the Company dated October 30, 2012, as
amended).


About Open Text Corporation (NASDAQ:OTEX)

Open Text Corporation provides a platform and suite of software products and services that assist organizations in finding, utilizing, and sharing business information from any device. The Company designs, develops, markets and sells Enterprise Information Management (EIM) software and solutions. Its EIM offerings include Enterprise Content Management (ECM), Business Process Management (BPM), Customer Experience Management (CEM), Business Network, Discovery and Analytics. Its software and services allow organizations to manage the information that flows into, out of, and throughout the enterprise as part of daily operations. Its solutions incorporate collaborative and mobile technologies and are delivered for on-premises deployment, as well as through cloud, hybrid and managed hosted services models. In addition, the Company provides solutions that facilitate the exchange of information and transactions that occur between supply chain participants.