Duckwall Alco Stores Inc - Current report filing (8-K)
August 07 2008 - 5:12PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
August 1, 2008
Duckwall-ALCO Stores, Inc.
(Exact name of registrant as specified in its charter)
Kansas
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0-20269
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48-0201080
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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401 Cottage
Abilene, Kansas 67410-2832
(Address of principal executive offices) (Zip Code)
(785) 263-3350
(Registrant's telephone number, including area code)
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 (
see
General Instruction 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 CFR 240.13e-4(c))
Item 5.02.
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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On August 1, 2008, Tony Corradi resigned from his position as Senior Vice President of Information Technology and Supply Chain of Duckwall-ALCO Stores, Inc. (the “Company”). The Company has not yet hired a replacement for Mr. Corradi.
On August 1, 2008, the Company and Mr. Corradi also entered into a Consulting Agreement. The Consulting Agreement provides that the Company shall pay Mr. Corradi on an hourly basis for consulting services that Mr. Corradi shall provide to the Company. Mr. Corradi shall receive no other benefits from the Company, except as set forth in the Consulting Agreement. The Consulting Agreement
shall be in effect until a replacement for Mr. Corradi is appointed. The consulting arrangement between Mr. Corradi and the Company is subject in its entirety to the actual Consulting Agreement, a copy of which is filed under Item 9.01 of this Form 8-K Current Report as Exhibit 99.1 and is incorporated by reference herein.
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99.1
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Consulting Agreement dated August 1, 2008.
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SIGNATURES
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.
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DUCKWALL-ALCO STORES, INC.
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Date: August 1, 2008
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By:
/s/ Larry Zigerelli
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Larry Zigerelli
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President and Chief Executive Officer
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INDEX TO EXHIBITS
99.1
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Consulting Agreement dated August 1, 2008.
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