Las Vegas Sands 8-K 2008
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) March 25, 2008
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):
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.02 Termination of a Material Definitive Agreement.
On March 25, 2008, Robert P. Rozek resigned from his position as Senior Vice President and Chief Financial Officer of Las Vegas Sands Corp. (“LVSC”) and its wholly-owned subsidiary, Las Vegas Sands, LLC (collectively, the “Company”), effective May 23, 2008.
Mr. Rozek and the Company are party to an employment agreement, dated as of June 1, 2006. The employment agreement was effective as of June 8, 2006 and expires on December 31, 2009, with automatic one-year extension rights unless any party gives notice of his or its intention not to extend the employment agreement at least 120 days prior to the expiration of the initial or any renewal term of the employment agreement. Mr. Rozek’s employment agreement is terminated effective May 23, 2008 in connection with his resignation. The principal terms of Mr. Rozek’s employment agreement are described in LVSC’s Current Report on Form 8-K filed on June 7, 2006, which description is incorporated herein by reference. Certain provisions of Mr. Rozek’s employment agreement by their terms survive the termination of the agreement.
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
The information required by this Item relating to the resignation of Mr. Rozek as the Company’s Senior Vice President and Chief Financial Officer is incorporated by reference from Item 1.02.
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.
Dated: March 31, 2008