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 – November 9, 2007
(Date of Earliest Event Reported)
CINCINNATI BELL INC.
(Exact name of registrant as specified in its charter)
Commission File No. 1-13696
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| Ohio
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31-1056105 |
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| (State of Incorporation)
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(I.R.S. Employer
Identification No.) |
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| 221 East Fourth Street, Cincinnati, Ohio
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45202 |
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(Address of principal
executive offices)
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(Zip Code) |
Registrant’s telephone number, including area code: (513) 397-9900
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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Solicitation material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
TABLE OF CONTENTS
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| Item 5.02 |
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Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers. |
On November 9, 2007, Cincinnati Bell Inc. entered into Amendment No. 1 to Employment
Agreement (the “Amendment”) with Rodney D. Dir, Cincinnati Bell Inc.’s Chief
Operating Officer. The Amendment amends the provisions of the Employment Agreement
between Cincinnati Bell Inc. and Mr. Dir dated as of July 26, 2005, a copy of which
can be found as Exhibit 10.3 to the Current Report on Form 8-K filed by Cincinnati
Bell Inc. on July 29, 2005. The Amendment extends the duration of the
noncompetition, non-solicitation and non-interference covenants imposed on Mr. Dir
in the event of the cessation of Mr. Dir’s employment with Cincinnati Bell Inc. from
one year to two years and provides for the payment of his bonus for the current year
through October 31, 2007. A copy of the Amendment is attached hereto as Exhibit
10.1.
Cincinnati Bell announced in September 2007 that Mr. Dir intended to resign from his
position at Cincinnati Bell. Mr. Dir’s resignation was effective October 31, 2007.
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| Item 9.01 |
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Financial Statements and Exhibits. |
(d) Exhibit:
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10.1 |
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Amendment No. 1 to Employment Agreement dated
as of November 9, 2007, between Cincinnati Bell Inc. and
Rodney D. Dir. |