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): November 9, 2007 (November 5,
2007)
INX Inc.
(Exact name of registrant as specified
in its charter)
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| Delaware |
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1-31949 |
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76-0515249 |
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Commission file number |
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(I.R.S. Employer Identification No.) |
6401 Southwest
Freeway
Houston, Texas 77074
(Address of Registrant’s principal
executive offices)
(713) 795-2000
(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:
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Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c)) |
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| Item 5.02 |
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Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers |
On November 5,
2007, the Compensation Committee of INX Inc. revised the compensation
arrangement of Mark Wilhelm, Vice President of Sales, as follows:
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Effective November 16, 2007, Mr. Wilhelm’s annual salary was
adjusted from $160,000 to $170,000. |
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Effective November 5, 2007, 15,000 shares of restricted common
stock were issued to Mr. Wilhelm under the 2000 Stock Incentive Plan,
with 5,000 shares vesting on each of November 5, 2008;
November 5, 2009; and November 5, 2010. There was no specific
triggering event. |
On November 5,
2007, the Compensation Committee of INX Inc. revised the compensation
arrangement of Paul Klotz, Vice President of Operations, as follows:
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Effective November 16, 2007, Mr. Klotz’s annual salary was
adjusted from $170,000 to $175,000. |
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Effective November 5, 2007, 22,500 shares of restricted common
stock were issued to Mr. Klotz under the 2000 Stock Incentive Plan,
with 7,500 shares vesting on each of November 5, 2008;
November 5, 2009; and November 5, 2010. There was no specific
triggering event. |
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.
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| Date: November 9, 2007 |
INX Inc. |
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By: |
/s/
Brian Fontana |
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Brian Fontana |
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Chief Financial Officer |
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