Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
On
The Company plans to notify the NYSE of its intent to cure the deficiency and
return to compliance with the NYSE continued listing requirements. In addition,
the Company intends to monitor the closing share price of its common stock and
consider available options if its common stock does not trade at a level likely
to result in the Company regaining compliance with the Minimum Share Price
Requirement by
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) Compensatory Arrangements of Certain Officers.
2020 Voluntary Temporary Base Salary Reductions
On
The foregoing summary of the Amendments is not a complete description of the terms of such amendments and is qualified by reference to the full text of such amendments, which are attached hereto as Exhibit 10.1, 10.2, 10.3 and 10.4 and incorporated by reference herein.
Item 8.01. Other Events.
On
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Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit No. Description Amendment No. 2 to Amended and Restated Executive Employment 10.1 Agreement betweenARC Document Solutions, Inc. andKumarakulasingam Suriyakumar 10.2 Amendment No. 4 to Amended and Restated Executive Employment Agreement betweenARC Document Solutions, Inc. andJorge Avalos Amendment No. 3 to Amended and Restated Executive Employment 10.3 Agreement betweenARC Document Solutions, Inc. andDilantha Wijesuriya 10.4 Amendment No. 3 to Amended and Restated Executive Employment Agreement betweenARC Document Solutions, Inc. andRahul Roy 99.1ARC Document Solutions, Inc. Press Release, datedApril 10, 2020
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