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MarketScreener Homepage  >  Equities  >  Nyse  >  Calix, Inc.    CALX

CALIX, INC.

(CALX)
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CALIX, INC : Change in Directors or Principal Officers (form 8-K)

11/18/2020 | 04:07pm EST

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

(e) Due to unforeseen difficulties from the COVID-19 pandemic, on November 12, 2020, the Compensation Committee of the Board of Directors of Calix, Inc. (the "Company") amended the Letter Agreement dated November 27, 2019 by and between the Company and Michael Weening (the "Letter Agreement"), the Company's Executive Vice President and Chief Operating Officer, to extend the deadline for Mr. Weening to relocate to the general vicinity of the Company's San Jose, California offices, to earn his relocation allowance, from November 27, 2020 to November 27, 2021. Other than the extension of the deadline for Mr. Weening to relocate, the Letter Agreement remains in full force and effect in accordance with its terms. The Letter Agreement was previously filed as Exhibit 10.2 to the Current Report on Form 8-K filed by the Company on December 3, 2019.

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© Edgar Online, source Glimpses

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