Tailored Brands,Inc. (NYSE:TLRD) 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 June21, 2018, Tailored Brands,Inc. (the “Company”) entered into a (i)Second Amended and Restated Employment Agreement (the “Ewert Employment Agreement”) with Douglas S. Ewert, Chief Executive Officer of the Company, and (ii)Amended and Restated Employment Agreement with Bruce K. Thorn, President and Chief Operating Officer of the Company (the “Thorn Employment Agreement” and, together with the Ewert Employment Agreement, the “Employment Agreements”), which clarify when the provisions of the Employment Agreements govern in the event of a conflict with equity award agreements and makes additional non-substantive updates. A copy of each of the Employment Agreements is filed herewith as Exhibit10.1 and 10.2, respectively, and incorporated herein by reference. For a complete description of the material terms of the Employment Agreements, see the Company’s proxy statement on Schedule 14A relating to the 2018 Annual Meeting of Shareholders of the Company filed with the Commission on May10, 2018.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are included in this Form8-K:
Number |
Description |
10.1 |
Second Amended and Restated Employment Agreement dated June21, 2018, by and between Tailored Brands,Inc., Tailored Shared Services, LLC, and Douglas S. Ewert. |
10.2 |
Amended and Restated Employment Agreement dated June21, 2018, by and between Tailored Brands,Inc., Tailored Shared Services, LLC, and Bruce K. Thorn. |