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[June 30, 2014]
GRANDPARENTS.COM, INC. FILES (8-K) Disclosing Change in Directors or Principal Officers, Other Events
(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 25, 2014, the Retirement Agreement between Grandparents.com, Inc. (the "Company") and Joseph Bernstein, the Company's former Co-Chief Executive Officer, Chief Financial Officer, Treasurer and a director, became effective.
Accordingly, Mr. Bernstein's resignation from all management positions and as a director of the Company became effective as of such date. Please refer to the Company's Current Report on Form 8-K dated June 9, 2014 and filed with the Securities and Exchange Commission on June 13, 2014 for a description of the terms and conditions of the Retirement Agreement.
Item 8.01 Other Events.
On June 30, 2014, the Company announced by press release that Mr. Bernstein retired from all management positions and as a director of the Company. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1.
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