DRIV » Topics » Item 5. Other Information

This excerpt taken from the DRIV 10-Q filed Aug 9, 2005.
Item 5. Other Information

 

In August 2005, the Compensation Committee of our Board of Directors approved an amendment and restatement of the employment agreement of our Chief Executive Officer, Joel A. Ronning. A copy of the agreement, as so amended and restated, is attached to this report as an exhibit and is incorporated herein by reference.

 

In addition, an amendment to the option agreements of our directors was also approved to allow acceleration of vesting in the event of a change of control. A form of the amendment is attached hereto as an exhibit and is incorporated herein by reference.

 

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