TMCnet News
BIRNER DENTAL MANAGEMENT SERVICES INC FILES (8-K) Disclosing Change in Directors or Principal Officers(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Birner Dental Management Services, Inc. announced the resignation of Mark A. Birner, President and a director, effective July 17, 2014. Pursuant to an agreement with the Company effective July 17, 2014, (i) Mr. Birner will receive ten months of base salary totaling approximately $283,000 payable in accordance with regular payroll practices and (ii) under certain circumstances set forth in the agreement, the Company will pay Mr. Birner's COBRA payments and will continue to pay for Mr. Birner's Company-procured life insurance policy for up to ten months. |