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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 12 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) OCTOBER 12, 1998
RED ROOF INNS, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
DELAWARE 1-14058 31-1393666
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(STATE OF INCORPORATION) (COMMISSION FILE NUMBER) (I.R.S. EMPLOYER
IDENTIFICATION NUMBER)
4355 DAVIDSON ROAD, HILLIARD, OHIO 43026-2491
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (614) 876-3200
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ITEM 5. OTHER EVENTS
(a) Red Roof Inns, Inc. appoints David L. Rea to the position of Executive
Vice President, Chief Financial Officer, and Treasurer effective
October 6, 1998 (a press release dated October 8, 1998, a copy of which
is attached hereto as Exhibit 99 and incorporated herein by reference).
(b) On October 6, 1998, David N. Chichester, Executive Vice President and
Chief Financial Officer terminated his employment as Executive Vice
President and Chief Financial Officer and resigned from the Board of
Directors of Red Roof Inns, Inc. to pursue other interests. He will
receive severance benefits provided under his employment agreement of
approximately $1 million which will be recognized in the fourth quarter
ended January 2, 1999. The Board vacancy is not being filled at this
time.
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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 thereunto duly authorized.
RED ROOF INNS, INC.
(Registrant)
October 12, 1998 By:/s/ Alan L. Tallis
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Alan L. Tallis
Executive Vice President - Development,
General Counsel and Secretary