This excerpt taken from the SJM 8-K filed Jul 8, 2009.
The J. M. Smucker Company
(Exact Name of Registrant as Specified in Charter)
Registrants telephone number, including area code: (330) 682-3000
(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:
TABLE OF CONTENTS
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On July 7, 2009, The J. M. Smucker Company (the Company) entered into a consulting agreement (the Agreement) with Donald D. Hurrle, Sr., who retired as the Companys Vice President, Sales, Grocery Market, effective June 30, 2009. Under this Agreement, Mr. Hurrle will provide consulting services relating to the Companys growth and development in the grocery sales area, along with general business integration matters. The Agreement is effective July 7, 2009, and provides for a term of one year, unless earlier terminated in accordance with its terms. Under the terms of the Agreement, Mr. Hurrle will receive a consulting fee of $100,000.
Item 9.01 Financial Statements and Exhibits
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.
Date: July 7, 2009