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): December 29, 2008
SUPERIOR ENERGY SERVICES, INC.
(Exact name of registrant as specified in its charter)
| |
|
|
|
|
| Delaware
|
|
001-34037
|
|
75-2379388 |
| (State or other jurisdiction)
|
|
(Commission File Number)
|
|
(IRS Employer Identification No.) |
| |
|
|
| 601 Poydras St., Suite 2400, New Orleans, Louisiana
|
|
70130 |
| (Address of principal executive offices)
|
|
(Zip Code) |
(504) 587-7374
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligations of the registrant under any of the following provisions:
| o |
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
| o |
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
| 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 5.02. |
|
Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain
Officers. |
| (e) |
|
Amendments to Executive Employment Agreement |
Superior Energy Services, Inc. (the “Company”) entered into an
amendment dated December 29, 2008, to the Amended and Restated
Employment Agreement with Terence E. Hall, its Chairman and Chief
Executive Officer.
Mr. Hall’s
employment agreement was amended to replace the provision providing
for the automatic extension of the employment term for an additional
year on July 15 of each year (to a three-year term) to simply
provide that at all times he will have a three year employment term. In addition, the Company and
Mr. Hall will each have the option during December of each year,
commencing in 2010, to discontinue this arrangement and fix Mr.
Hall’s employment term at three years.
The employment agreement was further amended to comply with the
requirements of Section 409A of the Internal Revenue Code of 1986,
as amended.
A copy of the amendment is included as Exhibit 10.1 to this Current
Report on Form 8-K, incorporated by reference herein, and the
description of the amendment is qualified in its entirety by the
full text of such Exhibit.
Item 9.01. Financial Statements and Exhibits.
| |
(d) |
|
Exhibits. |
| |
| |
10.1 |
|
Amendment No. 2 to Amended and Restated
Employment Agreement dated as of December 29,
2008, between the Company and Terence E. Hall. |