Crown Castle International 8-K 2008
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 10, 2008
Crown Castle International Corp.
(Exact Name of Registrant as Specified in its Charter)
1220 Augusta Drive
Houston, TX 77057
(Address of Principal Executive Office)
Registrants telephone number, including area code: (713) 570-3000
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):
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
(e) The Company entered into an amendment to its severance agreement with W. Benjamin Moreland, reflecting that Mr. Morelands position has changed to President and Chief Executive Officer effective as of July 1, 2008. The amendment makes no other changes to the terms of Mr. Morelands severance agreement.
The Company entered into a severance agreement with Jay A. Brown, the Companys Senior Vice President, Chief Financial Officer and Treasurer. The terms and provisions of the severance agreement are described in VII. Executive Compensation Potential Payments Upon Termination of Employment on pages 48 and 49 of the Companys Definitive Proxy Statement filed with the Securities and Exchange Commission on April 8, 2008, which description is incorporated herein by reference (Mr. Browns agreement is in the Companys form of severance agreement for officers other than Messrs. Kelly, Moreland and Hawk, with a defined annual bonus of 65% of his base salary). Such description is qualified in its entirety by reference to the severance agreement entered into with Mr. Brown, a copy of which is filed herewith as Exhibit 10.1 and incorporated herein by reference.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.