Delaware | 000-21057 | 86-0712225 | ||
(State or other jurisdiction | (Commission | (I.R.S. Employer | ||
of incorporation) | File Number) | Identification No.) | ||
1870 Crown Drive | 75234 | |||
Dallas, Texas | (Zip Code) | |||
(Address of principal executive | ||||
offices) |
(a) | On July 5, 2006, Dynamex Inc. (the Company) and James H. Wicker III, President, Dynamex U.S., entered into a General Release and Severance Agreement (the Agreement) in connection with Mr. Wickers resignation described under Item 5.02 below. Pursuant to the Agreement, Mr. Wicker is entitled to total severance pay of $200,000, payable in twelve equal monthly installments beginning July 28, 2006. The terms of the Agreement have been agreed between the parties in full and final settlement of the termination of his employment and any claims related to it. A copy of the Agreement is attached hereto as Exhibit 10.1. |
(b) | On July 5, 2006, James H. Wicker III resigned from Dynamex Inc. and the position of President, Dynamex U.S. to pursue other opportunities. |
10.1 | A General Release and Severance Agreement between Dynamex Inc. and James H. Wicker III, President, Dynamex U.S. in connection with his resignation from Dynamex Inc. |
DYNAMEX INC. | ||||||
Dated: July 11, 2006
|
By: | /s/ Ray E. Schmitz | ||||
Ray E. Schmitz | ||||||
Vice President and | ||||||
Chief Financial Officer |