Zayo Group Holdings, Inc. (NYSE:ZAYO) 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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Zayo Group Holdings, Inc. (NYSE:ZAYO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Zayo Group Holdings, Inc. (NYSE:ZAYO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 9.01Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On October 23, 2018, Zayo Group, LLC (“ZGL”) entered into an Amended and Restated Employment Agreement (the "New Employment Agreement") with Matt Steinfort, the Chief Financial Officer of ZGL and Zayo Group Holdings, Inc. (“ZGH” and, together with ZGL, the “Company”), to effect certain amendments to his prior employment agreement dated September 11, 2017 (the "Prior Agreement"). The New Agreement amends and restates the prior agreement to eliminate the payment to be made to Mr. Steinfortin the event that, prior to December 31, 2019, Mr. Steinfort is terminated without “cause”, resigns for “good reason”, or the Company undergoes a “change of control” (each term as defined in the Prior Agreement).Except as described above, the New Employment Agreement is substantially the same as the Prior Agreement.

The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the Agreement, a copy of which is filed herewith as Exhibit 10.1 and is incorporated herein by reference.

Item 9.01.

Financial Statements and Exhibits

(a)Exhibits.The following exhibit is filed with this Form 8-K:

Exhibit No.

Description

10.1

Amended and Restated Employment Agreement dated October 23, 2018, by and between Zayo Group, LLC and Matt Steinfort.

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Zayo Group Holdings, Inc.

By:

/s/ Matt Steinfort

Name:

Matt Steinfort

Title:

Chief Financial Officer

DATED:October 23, 2018


ZAYO GROUP LLC Exhibit
EX-10.1 2 ex-10d1.htm EX-10.1 exh_10-1 Exhibit 10.1 AMENDED AND RESTATEDEMPLOYMENT AGREEMENT This Amended and Restated Employment Agreement (the “Agreement”) is entered into as of October 23,…
To view the full exhibit click here

About Zayo Group Holdings, Inc. (NYSE:ZAYO)

Zayo Group Holdings, Inc. is a provider of bandwidth infrastructure in the United States, Canada and Europe. The Company operates in five segments, including Dark Fiber Solutions, Network Connectivity, Colocation and Cloud Infrastructure, Zayo Canada and Other. Its key products include leased dark fiber, fiber to cellular towers and small cell sites, wavelength connections, Ethernet, Internet Protocol (IP) connectivity and cloud services. Its products and services enable high-bandwidth applications, such as cloud-based computing, video, mobile, social media and machine-to-machine connectivity. As of June 30, 2016 the Company owned fiber networks in 300 metro markets, including metro areas, such as New York, Chicago, San Francisco, Paris, and London, as well as smaller metro areas, such as Allentown, Pennsylvania, Fargo, North Dakota, and Spokane, Washington. The Company also provides its network-neutral colocation and interconnection services utilizing its own data centers.