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 28, 2009
ZIX CORPORATION
(Exact name of Registrant as specified in its charter)
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| TEXAS
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0-17995
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75-2216818 |
| (State of incorporation
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(Commission file number)
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(I.R.S. employer identification |
| or organization)
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number) |
2711 North Haskell Avenue
Suite 2200, LB 36
Dallas, Texas 75204-2960
(Address of principal executive offices) (Zip code)
Registrant’s telephone number, including area code: (214) 370-2000
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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting 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))
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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. |
(b)
On May 28, 2009, Zix Corporation (the “Company”) provided written notification to Mr. Ronald
A. Woessner, the Company’s Senior Vice President, General Counsel and Secretary, of the termination
of his employment. Pursuant to and in accordance with Mr. Woessner’s pre-existing Amended and
Restated Severance Agreement, dated as of December 18, 2008, he is entitled to a 90-day paid leave
of absence, following which his employment will terminate. Provided Mr. Woessner complies with his
obligations under the Amended and Restated Severance Agreement (including, but not limited to,
providing the Company with a release of claims), he will be entitled to receive a lump sum
severance payment of $337,500, representing 18 months of his base salary, within 60 days after the
conclusion of his leave of absence.
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