Current Report Filing (8-k)
11 May 2013 - 4:32AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
May 10, 2013
CURTISS-WRIGHT CORPORATION
(Exact Name of
Registrant as Specified in Its Charter)
Delaware |
1-134
|
13-0612970 |
(State or Other
Jurisdiction of
Incorporation) |
(Commission File
Number) |
(IRS Employer
Identification No.)
|
10 Waterview Boulevard
Parsippany, New Jersey
(Address of Principal Executive Offices)
|
|
07054 (Zip Code)
|
|
|
|
Registrant's telephone number, including area
code: (973) 541-3700
--------------
Not applicable
(Former
name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
[ ] |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
[ ] |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
[ ] |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
|
|
[ ] |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
Item 5.02 Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(b) Officer Resignation
On May 6, 2013, Curtiss-Wright Corporation and its subsidiary, Curtiss-Wright
Flow Control Corporation and David Linton, the former President of Curtiss-Wright Flow Control Corporation and Vice-President of
Curtiss-Wright Corporation, executed a Separation and Release Agreement (the “Release Agreement”), in connection with
Mr. Linton's announced resignation from Curtiss-Wright. By mutual agreement, he is stepping down as part of the reorganization
of the operational management structure as announced in October 2012.
The Release Agreement provides that Mr. Linton will receive severance
benefits to which he is entitled under his Key Employee Severance Agreement that he received as direct report to the Curtiss-Wright’s
Chief Executive Officer. Under the terms of the Release Agreement, in addition to any accrued, but unpaid compensation and reimbursement
for any previously incurred business expenses, Mr. Linton will receive 18 months of salary, subsidized health care continuation
coverage under Curtiss-Wright's health care plans for up to 18 months, and one half of his targeted 2013 annual bonus payment.
The Release Agreement becomes effective upon expiration of a seven day statutory waiting period, and Curtiss-Wright's obligations
are conditioned upon compliance with the terms of the Release Agreement and his compliance with the Agreement’s confidentiality,
non-competition, and non-solicitation provisions. Pursuant to the Release Agreement, Mr. Linton agreed to release and discharge
Curtiss-Wright from, among other things, all claims arising out of or related to or based upon his employment with Curtiss-Wright
Corporation or any of its subsidiaries.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
99.1 Press Release dated May 10, 2013
2
SIGNATURE
Pursuant 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.
CURTISS-WRIGHT CORPORATION
By: |
/s/
Glenn E. Tynan |
|
Glenn E. Tynan |
|
|
Vice-President
and Chief Financial Officer |
Date: May 10, 2013
3
EXHIBIT INDEX
Exhibit
Number |
|
Description |
|
|
|
|
|
99.1 |
|
Press Release, dated May 10, 2013 |
|
4
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