Delaware
|
01-32665
|
20-3265614
|
(State
or other jurisdiction of
incorporation
or organization)
|
(Commission
File
Number)
|
(IRS
Employer
Identification
No.)
|
Item
5.02
|
Departure
of Directors or Certain Officers; Election of
Directors;
|
(e)
|
On
February 25, 2008, the registrant and H. Dean Jones II entered into a
Separation Agreement and General Release (the “Agreement”) in conjunction
with Mr. Jones’ previously announced retirement and his resignation as
president of the registrant and a director of Boardwalk GP, LLC, the
general partner of Boardwalk GP, LP, which is the registrant’s general
partner. The registrant has agreed to pay Mr. Jones a lump sum
of $2,250,000 as consideration for his covenants, waivers and releases set
forth in the Agreement. In addition, Mr. Jones will provide
consulting services to the registrant for a period of one year following
the effective date of his retirement on March 1, 2008, for which the
registrant will pay him $20,833 per
month.
|
|
Chief
Financial Officer
|