UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On August 1, 2007, Business.vn Incorporated ("Business.vn" or the "Company") entered into a Executive Employment Agreement (the "Agreement") with Sheldon Silverman, the Company's President and Chief Executive Officer, whereby Mr. Silverman shall be entitled to receive cash and shares in consideration for $180,000 annual salary.
ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION.
See Item 1.01 above.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
Exhibit | Description |
10.2 | Executive Employment Agreement by and between Sheldon Silverman and Business.vn Incorporated |
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.
BUSINESS.VN INCORPORATED
Date: August 6, 2007 | /s/ Sheldon Silverman |