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
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Date of Report (Date of Earliest Event Reported): | | September 27, 2005 |
Lodgian, Inc.
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(Exact name of registrant as specified in its charter)
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Delaware | 001-14537 | 52-2093696 |
_____________________ (State or other jurisdiction | _____________ (Commission | ______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
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3445 Peachtree Road, NE, Suite 700, Atlanta, Georgia | | 30326 |
_________________________________ (Address of principal executive offices) | | ___________ (Zip Code) |
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Registrant’s telephone number, including area code: | | 404-364-9400 |
Not Applicable
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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:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.02 Termination of a Material Definitive Agreement.
On September 27, 2005, Lodgian, Inc. terminated the Employment Agreement between Lodgian, Inc. (the "Company") and Michael W. Amaral, the Company's former Executive Vice President & Chief Operating Officer. Pursuant to the terms of Mr. Amaral's Employment Agreement with the Company, he is entitled to a severance payment in the amount of his current annual base salary, which is $275,000.
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
Effective September 27, 2005, Michael W. Amaral's employment with Lodgian, Inc. (the "Company") terminated and he is no longer the Executive Vice President & Chief Operating Officer of the Company.
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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| | Lodgian, Inc. |
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September 28, 2005 | | By: | | Daniel E. Ellis
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| | | | Name: Daniel E. Ellis |
| | | | Title: Senior Vice President, General Counsel & Secretary |