Nordson 8-K 2010
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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:
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) As previously announced, Edward P. Campbell resigned as President and Chief Officer of Nordson Corporation (the "Company") on January 16, 2010 and retired from the Company effective January 31, 2010. In connection with Mr. Campbell’s retirement, the Company entered into a Transition Period Services Agreement (the "Services Agreement") on February 1, 2010. Pursuant to the Services Agreement, Mr. Campbell will continue to serve as a director and Chairman of the Board of the Company until the Company’s annual meeting of shareholders on February 16, 2010 and will be retained by the Company to provide transition services at the request of the Company through March 31, 2010. The Company has agreed to pay Mr. Campbell $100,000 for his continued service to the Company through March 31, 2010. The Services Agreement contains standard provisions relating to confidential information, intellectual property and conflicts of interest.
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.