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): November 6, 2013
AMERICAN ELECTRIC TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
| Florida | 000-24575 | 59-3410234 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
| 6410 Long Drive, Houston, TX | 77087 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code 713-644-8182
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):
| ¨ | 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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 6, 2013, American Electric Technologies, Inc. (the “Company”) entered into a new Employment Agreement with Charles M. Dauber pursuant to which Mr. Dauber will continue to serve as the President and Chief Executive Officer of the Company from January 1, 2014 to December 31, 2015. The agreement was approved by the Compensation Committee of the Board of Directors. The Employment Agreement is filed herewith as Exhibit 10.1 and incorporated by reference herein. A summary of the principal terms of the employment agreement are set forth in Exhibit 99.1 and incorporated by reference herein. The summary of Mr. Dauber’s employment agreement is qualified in its entirety by reference to the agreement set forth in Exhibit 10.1.
Item 9.01 Financial Statements and Exhibits.
| Exhibit |
Exhibit | |
| 10.1 | Employment Agreement dated November 6, 2013 with Charles M. Dauber. | |
| 99.1 | Summary of Charles M. Dauber Employment Agreement for 2014 and 2015. | |
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.
| AMERICAN ELECTRIC TECHNOLOGIES, INC. | ||||||
| Date: November 13, 2013 | By: | /s/ Andrew L. Puhala | ||||
| Andrew L. Puhala | ||||||
| Senior Vice President and Chief Financial Officer (Principal Financial Officer) | ||||||
EXHIBIT INDEX
| Exhibit |
Exhibit | |
| 10.1 | Employment Agreement dated November 6, 2013 with Charles M. Dauber. | |
| 99.1 | Summary of Charles M. Dauber Employment Agreement for 2014 and 2015. | |