Delaware
(State
or other jurisdiction
of
incorporation)
|
0-52006
(Commission
File
Number)
|
98-0221142
(IRS Employer
Identification #)
|
Plaza
America Tower I
11700
Plaza America Drive, Suite 1010
Reston,
Virginia
(Address
of Principal Executive Offices)
|
20190
(Zip
Code)
|
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))
|
Item 1.01
|
Entry
into a Material Definitive
Agreement
|
Item 1.02
|
Termination
of a Material Definitive
Agreement
|
Item 5.02
|
Departure
of Director or Certain Officers; Election of Directors; Appointment
of
Certain Officers; Compensation Arrangements of Certain
Officers.
|
Executive
Officer
|
Title
|
2008
Base
Salary(1)
|
2007
Cash
Bonus
|
|||
J.
Timothy Bryan
|
Chief
Executive Officer
(principal
executive officer)
|
$597,740
|
$0(2)
|
|||
Michael
P. Corkery
|
Executive
Vice President, Chief Financial Officer (principal financial
officer)
|
$327,438
|
$0(2)
|
|||
Dennis
Schmitt
|
Sr.
Vice President - Finance (principal accounting officer)
|
$243,878
|
$46,675
|
|||
David
Bagley
|
Sr.
Vice President, Corporate Development
|
$288,708
|
$90,000
|
Item
9.01
|
Financial
Statements and Exhibits.
|
Exhibit
No.
|
Description
|
10.1
|
Separation
Agreement dated as of March 4, 2008 by and between ICO Global
Communications (Holdings) Limited and Donna P.
Alderman.
|
ICO
GLOBAL COMMUNICATIONS
(HOLDINGS)
LIMITED (Registrant)
|
|
By:
/s/ John L. Flynn
|
|
March
6, 2008
|
John
L. Flynn
Executive
Vice President, General Counsel
and
Corporate Secretary
|