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  1. #1
    HBF
    HBF is offline
    I Am Rocking Now

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    ABF/051 retired
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    Default YRC WORLDWIDE INC - Form 8-K

    Form 8-K for YRC WORLDWIDE INC

    6-Jan-2009

    Change in Directors or Principal Officers, Other Events, Financial Statements a
    Summary of YRC WORLDWIDE INC - Yahoo! Finance

  2. #2
    Resistance is futile.

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    YRC-Roadway
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    Default Re: YRC WORLDWIDE INC - Form 8-K

    Under the Executive Severance Agreement, the executive is eligible (among other things) for an annual bonus payment if he is terminated from employment without "Cause" or he resigns for "good reason" within two years following a "Change of Control", in each case as defined or described in the Executive Severance Agreement. The Executive Severance Agreement was amended and restated to provide for the payment to the executive (at the time the bonus is paid to all other similarly situated executives) of an annual bonus on the basis of actual achievement of predetermined performance criteria
    Looks like they are fixing a way that they get there money when they get axed.

  3. #3
    Resistance is futile.

    Join Date
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    YRC-Roadway
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    Default Re: YRC WORLDWIDE INC - Form 8-K

    10.2 Amendment to Employment Agreement, dated as of January 25, 2006, by and
    between YRC Worldwide Inc. and William D. Zollars.
    Hummmmmmmm

  4. #4
    Getting In The Groove Now.

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    Default Re: YRC WORLDWIDE INC - Form 8-K

    That Zollars is a snake!

  5. #5
    Getting In The Groove Now.

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    JC25
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    YRC
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    Default Re: YRC WORLDWIDE INC - Form 8-K

    Why would they sew a golden parachute for themselves, when in a business sense they're doing everything rite ? I wonder if the shareholders are getting restless or maybe theres a buyer out there.

  6. #6
    LOAD AND PARK CHARLIE
    Guest

    Default Re: YRC WORLDWIDE INC - Form 8-K

    Guys I hope you are paying attention to this. Your cut will surely pay that bonus. I WISH YOU GUYS LUCK MAN, YOUR GOING TO NEED IT.

 

 

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