Annual Reports

 
Quarterly Reports

 
8-K

  • 8-K (Oct 28, 2014)
  • 8-K (Aug 27, 2014)
  • 8-K (Aug 4, 2014)
  • 8-K (Jun 24, 2014)
  • 8-K (May 20, 2014)
  • 8-K (Apr 30, 2014)

 
Other

Kona Grill 8-K 2006

Documents found in this filing:

  1. 8-K
  2. Ex-10.16
  3. Ex-10.16
Kona Grill, Inc. (Form: 8-K)  

 


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):   September 26, 2006

Kona Grill, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 000-51491 20-0216690
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
7150 E. Camelback Road, Suite 220, Scottsdale, Arizona   85251
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (480) 922-8100

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:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 1.01 Entry into a Material Definitive Agreement.

Employment Agreement

On September 26, 2006, we entered into an Employment Agreement with Marcus E. Jundt to serve as our President and Chief Executive Officer. Under the agreement, Mr. Jundt’s annual base salary will be $300,000 and he will be eligible to receive an annual target incentive bonus of $150,000 based upon the attainment of certain objectives established by the Board of Directors and Mr. Jundt. Mr. Jundt will also be entitled to participate in all benefit plans maintained by the Company from time to time for the benefit of senior executive officers, according to the terms of such plans.

In addition, we granted to Mr. Jundt options to purchase 100,000 shares of the Company’s common stock pursuant to our 2005 Stock Award Plan at an exercise price of $16.40 per share, which was equal to 110% of the closing price per share of the Company’s common stock on September 26, 2006 (the date of grant). The options vest in accordance with the Company’s existing guidelines, with 25% of such options vesting on the grant date, and 25% vesting on each annual anniversary date thereafter.

If Mr. Jundt’s employment is terminated without cause or Mr. Jundt resigns for good reason, he will be entitled to receive (a) his base salary for 18 months, (b) medical and dental benefits for a period of up to 18 months, and (c) a payment equal to 150% of the most recent incentive bonus paid to Mr. Jundt. If Mr. Jundt’s employment is terminated without cause, all unvested stock options shall vest immediately and become exercisable.

The Employment Agreement is attached hereto as Exhibit 10.16.





Item 9.01 Financial Statements and Exhibits.

(a) Financial Statements of Business Acquired.

Not applicable.

(b) Pro Forma Financial Information.

Not applicable.

(c) Exhibits.

Exhibit
Number
10.16 Employment Agreement, dated as of September 26, 2006, between Kona Grill, Inc. and Marcus E. Jundt










SIGNATURES

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.

         
    Kona Grill, Inc.
          
September 28, 2006   By:   Mark S. Robinow
       
        Name: Mark S. Robinow
        Title: Executive Vice President, Chief Financial Officer, and Secretary


Exhibit Index


     
Exhibit No.   Description

 
10.16
  Employment Agreement, dated as of September 26, 2006, between Kona Grill, Inc. and Marcus E. Jundt
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki