UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

 

FORM 8-K/A

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported) September 11, 2007

 

 

WESTERN SIZZLIN CORPORATION    

(Exact Name of Registrant As Specified In Its Charter)

 

 

Delaware

(State or Other Jurisdiction of Incorporation)

 

 

416 South Jefferson Street, Suite 600

Roanoke, Virginia 24011

(Address of Principal Executive Offices) (Zip Code)

 

 

(540) 345-3195

(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 obligation of the registrant under any of the following provisions (see General Instructions A.2 below):

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 CRF 240.13e-4 (c))

Form 8-K

Item 5.02.         Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 11, 2007, the Company entered into an Employment Agreement with Robyn B. Mabe, its Vice President and Chief Financial Officer.  This agreement provides Mrs. Mabe with an annual base salary of $125,000, eligibility for an annual discretionary performance bonus and severance payments equivalent to one year’s salary in the event of her termination within one year following a change in control of the Company or six months under all other not-for-cause circumstances.  The agreement also contains a restrictive covenant prohibiting Mrs. Mabe from competing with the Company and requiring her to maintain the confidentiality of certain Company information.   This agreement supersedes and replaces the Change in Control Agreement between the Company and Mrs. Mabe dated September 7, 2004.

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SIGNATURE

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.

	WESTERN SIZZLIN CORPORATION
Date: September 13, 2007	By:	/s/ Robyn B. Mabe
		Robyn B. Mabe
		Vice President and Chief Financial Officer

 

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