Form 8-K

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 3, 2004

 

 

DIGITAL INSIGHT CORPORATION

(Exact name of Registrant as specified in its charter)

 

 

Delaware   0-27459   77-0493142

(State or other jurisdiction of

incorporation or organization)

   (Commission File Number)  

(I.R.S. Employer

Identification No.)

 

26025 Mureau Road, Calabasas, California 91302

(Address of principal executive offices, including zip code)

 

(818) 871-0000

(Registrant’s telephone number, including area code)

 

 

(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):

 

¨ Written communications pursuant to Rule 425 under the 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-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

ITEM 1.01. ENTRY INTO MATERIAL DEFINITIVE AGREEMENT

 

Digital Insight Corporation (the “Company”) and Jeffrey Stiefler, the Company’s chairman, president and chief executive officer, are parties to an Employment Agreement dated August 5, 2003. On December 2, 2004, the parties amended the Agreement to fix the minimum annual incentive bonus to be equal to 80% of his annual base salary, with a maximum bonus opportunity of 100% of annual base salary, based upon the achievement of performance objectives established by the Company’s board of directors or its compensation committee. A copy of the amendment is attached as an exhibit to this report.

 

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

 

  (c) Exhibits.

 

  10.1 Employment Agreement Amendment One by and between the registrant and Jeffrey Stiefler dated December 2, 2004.

 

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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.

 

Date: December 3, 2004

  

DIGITAL INSIGHT CORPORATION

   

By:

  

/s/ Jeffrey Stiefler

       

Jeffrey Stiefler

       

Chairman, Chief Executive Officer & President

 

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