UNITED STATES 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
July 24, 2006
Date of Report: (Date of earliest event reported)
CA, Inc.
(Exact Name of Registrant as Specified in Charter)
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| Delaware
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1-9247
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13-2857434 |
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| (State or Other Jurisdiction
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(Commission
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(IRS Employer |
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File Number)
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Identification No.) |
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One CA Plaza, Islandia, New York
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11749 |
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(Address of Principal Executive Offices)
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(Zip Code) |
Registrant’s telephone number, including area code: (631) 342-6000
Not Applicable
(Former name or former address, if changed since last report)
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
TABLE OF CONTENTS
Item 1.01 Entry of a Material Definitive Agreement.
On July 24, 2006, CA, Inc. (the “Company”) entered into the Company’s standard form of
Separation Agreement and General Claims Release (the “Separation Agreement”) with Gregory Corgan,
the Company’s former Executive Vice President of Worldwide Sales. The following summary of the
Separation Agreement is qualified in its entirety by reference to the Separation Agreement, which
is attached hereto as Exhibit 10.1 and incorporated herein by reference. Mr. Corgan’s employment
with the Company ended on June 30, 2006.
Pursuant to the Separation Agreement, Mr. Corgan provided the Company with a general release
of claims against the Company, certified that he has complied with his employment and
confidentiality agreement, acknowledged his obligation to continue to preserve the confidentiality
of certain information created or learned during his employment and agreed to make himself
available in connection with matters relating to his employment. In exchange for this general
release, the Company agreed to pay Mr. Corgan the sum of $550,000 (equal to one year’s base salary)
and $12,000 to assist him with medical insurance coverage. The Company also agreed to indemnify
Mr. Corgan with respect to any action, suit or proceeding to which he is made or threatened to be
made a party that arises out of Mr. Corgan’s good faith performance of his job responsibilities
with the Company.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit 10.1
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Separation Agreement and General Claims Release, dated as of July 24, 2006, between
CA, Inc. and Gregory Corgan. |