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) | December 28, 2005 |
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Host America Corporation |
|
(Exact name of registrant as specified in its charter) |
Colorado | | 0-16196 | | 06-1168423 |
| | | | |
(State or other jurisdiction
of incorporation) | | (Commission File
Number) | | (IRS Employer
Identification No.) |
Two Broadway
Hamden, Connecticut | | 06518 |
| | |
(Address of principal executive offices) | | (Zip Code) |
Registrant's telephone number, including area code | (203) 248-4100 |
| |
|
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 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-14(c) under the Exchange Act (17 CFR 240.13e-4(c))
Section 8 – Other Events
Item 8.01 Other Events
On December 28, 2005, Geoff Ramsey, a former executive officer of Host America Corporation (the “Company”), submitted a demand for arbitration with the American Arbitration Association related to the termination of Mr. Ramsey’s employment with the Company. Mr. Ramsey asserts that the Company did not have cause under his employment agreement to terminate his employment, and is seeking damages of $2.5 million. The parties are currently in the process of selecting arbitrators, and the Company’s answer to the demand for arbitration is due January 9, 2006.
In addition, Anne Ramsey, former human resources director and corporate secretary, and Debra Ramsey, former administrative secretary, have made a demand for arbitration, asking for $2.0 million in damages. The Company has declined their demand on the ground that there are no binding employment agreements with Anne and Debra Ramsey and no agreement to arbitrate.
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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.
| | HOST AMERICA CORPORATION |
| | |
| | |
Dated: January 3, 2006 | | By: /s/ David Murphy |
| | David Murphy |
| | Chief Financial Officer |
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