Delaware | 1-32669 | 20-2868245 | ||
(State of Incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
123 Robert S. Kerr Avenue | ||
Oklahoma City, Oklahoma | 73102 | |
(Address of principal executive offices) | (Zip Code) |
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01
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Entry into a Material Definitive Agreement | |
Effective January 10, 2008, The compensation committee of the board of directors of Tronox Incorporated (the Company) approved and the Company executed the First Amendment to the Tronox Incorporated 2005 Long Term Incentive Plan (the Amendment). The Amendment adds Article XV, Forfeiture of Awards, to the plan. The new provision provides the compensation committee with the discretion to cancel awards and require participants in the plan to forfeit awards made under the plan. It also provides the compensation committee with the discretion to require participants to repay any gains made on such awards. The compensation committee can cancel awards and require repayment of gains in the event of (i) misconduct by a participant or (ii) a restatement of the Companys financial statements resulting from errors, omissions or fraud. | ||
The Amendment is attached hereto as Exhibit 10.1 | ||
Item 5.02
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Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers | |
Tronox Incorporated has named Michael J. Foster vice president, general counsel and secretary on January 10, 2008. | ||
A copy of the press release announcing Mr. Fosters appointment is attached hereto as Exhibit 99.1. | ||
Item 9.01
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Financial Statements and Exhibits | |
(d) Exhibits | ||
10.1 First Amendment to the Tronox Incorporated 2005 Long Term Incentive Plan | ||
99.1 Press Release Dated January 10, 2008 |
TRONOX INCORPORATED |
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By: | /s/ Michael J. Foster | |||
Michael J. Foster | ||||
Vice President, General Counsel and Secretary | ||||