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): May 28, 2002
ClearOne Communications, Inc.
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(Exact Name of Registrant as Specified in its Charter)
UTAH 0-17219 87-0398877
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification Number)
1825 Research Way, Salt Lake City, Utah 84119
(Address of Principal Executive Offices) (Zip Code)
(801) 975-7200
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(Registrant's Telephone Number, Including Area Code)
Gentner Communications Corporation
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(Former Name or Former Address, if Changed Since Last Report)
ITEM 5. OTHER EVENTS.
On May 28, 2002, ClearOne Communications, Inc. (the "Company")
confirmed that E.mergent, Inc. ("E.mergent") revised its employment agreement
with Robin Sheeley, its Chief Technology Officer, effective May 22, 2002. In
August 1999, E.mergent entered into a three-year employment agreement with Mr.
Sheeley as its Chief Technology Officer. The original employment agreement
provided that Mr. Sheeley could terminate his employment as a result of a change
in control. The primary areas of revision include an expansion of the noncompete
provisions from twelve months to thirty-six months; and a new consulting
provision, that allows E.mergent, at its option, to retain Mr. Sheeley as a
consultant for up to two years from the date of termination of Mr. Sheeley's
employment following any change of control. In addition, the revised employment
agreement expressly permits the assignment of the agreement to the Company.
These changes resulted from discussions between the Company and Mr. Sheeley
regarding his future role with the Company. As a result, the Company currently
intends to retain the services of Mr. Sheeley as a consultant with respect to
technology development and marketing following its acquisition of E.mergent.
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.
CLEARONE COMMUNICATIONS, INC.
(The Registrant)
By: Randall J. Wichinski
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Its: Chief Financial Officer
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