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
| Date of report (Date of earliest event reported): July 6, 2007 | ||
Limited Brands, Inc. | ||
(Exact Name of Registrant as Specified in Its Charter) | ||
Delaware | ||
| (State or Other Jurisdiction of Incorporation) | ||
1-8344 | 31-1029810 | |
| (Commission File Number) | (IRS Employer Identification No.) | |
Three Limited Parkway Columbus, OH | 43230 | |
| (Address of Principal Executive Offices) | (Zip Code) | |
(614) 415-7000 | ||
| (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))
Section 5 – Corporate Governance and Management
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
| (b) | In connection with the sale by Limited Brands, Inc. (“Limited Brands”) of 75% of the ownership interest in Express Holding, LLC (the “Company”) to Express Investment Corp. (the “Transaction”), the Company assumed the employment agreement between Limited Brands and Mr. Jay Margolis and Mr. Margolis ceased to be an employee of Limited Brands. In connection with such consummation and termination, Limited Brands will pay retention payments to Mr. Margolis of approximately $1,675,800. The Company will be responsible for any payments due Mr. Margolis under his employment agreement. |
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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.
LIMITED BRANDS, INC.
By: /s/ Douglas L. Williams
Name: Douglas L. Williams
Date: July 11, 2007 Title: Senior Vice President and General Counsel
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