UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
Delaware |
000-22427 |
77-0192527 |
---|---|---|
(State or other jurisdiction of | (Commission File Number) | (I.R.S. Employer |
incorporation) | Identification Number) |
Departure of Principal Officer
5.02(b) Carol Talkington Verser, Ph.D. voluntarily resigned her position with Heska Corporation (the Company) as Executive Vice President, Intellectual Property and Business Development, effective December 31, 2006 in connection with the relocation of her spouse's company outside the State of Colorado.
5.02(e) Dr. Verser and the Company entered into a Separation and Release Agreement and Dr. Verser agreed to release the Company and certain related parties, including the Companys officers, directors and employees, from all claims and liabilities under federal and state laws arising prior to the separation date, and to continue to abide by the terms of her Confidentiality Agreement with the Company. As consideration for the release, Dr. Verser will be paid through December 31, 2006 and be paid for all accrued and unused vacation through December 31, 2006 pursuant to Company policy, continue vesting through January 31, 2007 of all stock options and other equity awards isssued to Dr. Verser and remain eligible to receive a payment under the Companys 2006 Management Incentive Plan, when and if such payments are approved by the Compensation Committee.
Additionally, Dr. Verser and the Company have entered into a Consulting Services and Confidentiality Agreement dated January 1, 2007. Dr. Verser will be available to consult with the Company from January 1, 2007 through December 31, 2007, at which time the agreement may be renewed upon mutual written consent.
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.
HESKA CORPORATION |
Dated: January 3, 2007 |
By: /s/Jason A. Napolitano JASON A. NAPOLITANO Executive Vice President and Chief Financial Officer |