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			8-K CY Departure 12b25
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			<a name="_GoBack"></a><font style="display: inline;font-weight:bold;font-size:14pt;">UNITED STATES</font>
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			<font style="display: inline;font-weight:bold;font-size:14pt;">SECURITIES AND EXCHANGE COMMISSION</font>
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			<font style="display: inline;font-weight:bold;">Washington, D.C. 20549</font>
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			<font style="display: inline;font-weight:bold;font-size:18pt;">FORM 8</font><font style="display: inline;font-weight:bold;font-size:18pt;">&#8209;K</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">CURRENT REPORT</font>
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			<font style="display: inline;font-weight:bold;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of </font><font style="display: inline;font-weight:bold;text-transform:uppercase;">1934</font>
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			<font style="display: inline;">Date of report (Date of earliest event reported):</font><font style="display: inline;"> &nbsp; &nbsp;</font><font style="display: inline;font-weight:bold;">February 6, 2015</font>
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			<font style="display: inline;font-weight:bold;font-size:20pt;text-decoration:underline;">LANDAUER, INC.</font>
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			<font style="display: inline;font-size:10pt;">(Exact Name of Registrant as Specified in Its Charter)</font>
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						<font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">of Incorporation)</font></p>
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						<font style="display: inline;font-weight:bold;text-decoration:underline;">Delaware</font></p>
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						<font style="display: inline;font-size:10pt;">(State or Other Jurisdiction</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">of Incorporation)</font></p>
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						<font style="display: inline;font-weight:bold;text-decoration:underline;">1-9788</font></p>
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						<font style="display: inline;font-size:10pt;">(Commission File Number)</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-weight:bold;text-decoration:underline;">06-1218089</font></p>
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						<font style="display: inline;font-size:10pt;"> (IRS Employer Identification No.)</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;text-decoration:underline;">2 Science Road, Glenwood, Illinois</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;text-decoration:underline;">60425</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-size:12pt;">(Address of Principal Executive Offices)</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;text-decoration:underline;">(708) 755-7000</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-size:12pt;">(Registrant's Telephone Number, Including Area Code)</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;text-decoration:underline;">Not Applicable</font></p>
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						<font style="display: inline;font-family:Times New Roman;font-size:12pt;">(Former Name or Former Address, if Changed Since Last Report)</font></p>
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			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">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 (</font><font style="display: inline;font-style:italic;">see </font><font style="display: inline;">General Instruction A.2. below):</font></font>
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			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;">&#x2610;</font></font><font style="display: inline;font-family:Wingdings;font-family:Wingdings;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font>
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			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;">&#x2610;</font></font><font style="display: inline;font-family:Wingdings;font-family:Wingdings;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font>
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			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;">&#x2610;</font></font><font style="display: inline;font-family:Wingdings;font-family:Wingdings;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font>
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			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;">&#x2610;</font></font><font style="display: inline;font-family:Wingdings;font-family:Wingdings;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font>
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		<p style="margin:0pt 0pt 0pt 71.25pt;text-indent: -71.25pt;font-family:Times New Roman;;font-size: 12pt"><font style="display: inline;font-weight:bold;">Item 5.02.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 35pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;">Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</font>
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			<a name="S36676133"></a><font style="display: inline;color:#000000;">On February 11, 2015, </font><font style="display: inline;">Landauer, Inc. (the &#x201C;Company&#x201D;) announced that </font><font style="display: inline;color:#000000;">Dr. R. Craig Yoder, the Company&#x2019;s Senior Vice President &#x2013; Technology and International Business, stepped down from such position effective as of February 9, 2015 (the &#x201C;Effective Date&#x201D;) and transitioned to the role of </font><font style="display: inline;">Senior Technical Advisor to lead the Company&#x2019;s Technology Advisory Board</font><font style="display: inline;color:#000000;">.</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;">A press release announcing Dr. Yoder&#x2019;s transition is attached as Exhibit 99.1 to this Current Report on Form 8-K.</font>
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			<font style="display: inline;color:#000000;">In connection with his transition, the Company </font><font style="display: inline;">entered into an Amendment (the &#x201C;Amendment&#x201D;) to the Employment Agreement of Dr. R. Craig Yoder, dated as of February 29, 1996, as amended on May 2, 2006 (the &#x201C;Employment Agreement&#x201D;).</font>
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			<font style="display: inline;">Prior to the Amendment, Dr. Yoder served as </font><font style="display: inline;color:#000000;">Senior Vice President &#x2013; Technology and International Business</font><font style="display: inline;"> and his Employment Agreement provided that the employment term would continue indefinitely until terminated pursuant to the terms and conditions of the Employment Agreement. As of the Effective Date, Dr. Yoder </font><font style="display: inline;color:#000000;">transitioned to the role of </font><font style="display: inline;">Senior Technical Advisor to lead the Company&#x2019;s Technology Advisory Board with a reduced work schedule, and resigned from any and all officer, director and manager positions and from any and all committee positions of the Company. In addition, the Company amended the Employment Agreement to provide that Dr. Yoder&#x2019;s employment will automatically terminate effective February 8, 2017, unless earlier terminated pursuant to the terms and conditions of the Employment Agreement (the &#x201C;Employment Term&#x201D;).</font>
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			<font style="display: inline;">During the Employment Term, the Company will pay Dr. Yoder an annual base salary of $280,595 and Dr. Yoder will continue to remain eligible to participate in the Company&#x2019;s employee benefit plans and programs, including the Landauer, Inc. Non-Qualified Excess Plan (the &#x201C;Excess Plan&#x201D;), the Landauer, Inc. 401(k) Plan and the Landauer, Inc. Executive Special Severance Plan (the &#x201C;Special Severance Plan&#x201D;), subject to the terms of such plans and programs. As of the Effective Date, Dr. Yoder will be named a Tier III participant in the Special Severance Plan (as defined in such plan). The Company will continue to make employer contributions on behalf of Dr. Yoder under the Excess Plan at the same rate previously established. Eligibility for severance benefits not governed by the Special Severance Plan will continue to be governed by the terms of Dr. Yoder&#x2019;s Employment Agreement. </font>
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		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">In connection with the Amendment, the Company</font><font style="display: inline;"> also awarded Dr. Yoder 3,127 </font><font style="display: inline;">shares of the Company&#x2019;s common stock with a value of approxim</font><font style="display: inline;">ately $109,000</font><font style="display: inline;"> as of the grant date, subject to vesting based on the satisfaction of performance goals related to his employment. Dr. Yoder will not be eligible to receive any other annual or long-term incentive awa</font><font style="display: inline;">rds during the Employment Term.</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-indent:36pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">In addition, in connection with the Amendment, Dr. Yoder agreed that his noncompetition agreement with the Company would also be amended to provide that in the event of a change in control (as defined in the Landauer Inc. Incentive Compensation Plan), the noncompetition period will end on the one-year anniversary of the last date on which the Company is required to make payments to Dr. Yoder on account of base salary or severance pay, </font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt"><font style="display: inline;">unless, following a change in control, the Company or its successor breaches the terms of the Employment Agreement, in which case the noncompetition period will end on the day immediately following such breach.</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-indent:36pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">The foregoing summary is qualified in its entirety by reference to the </font><font style="display: inline;">Second Amendment to Employment Agreement</font><font style="display: inline;">, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference.</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-indent:36pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 71.25pt;text-indent: -71.25pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Item 8.01.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 35pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;">Other Events.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 71.25pt;line-height:normal;text-indent: -71.25pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">On February 9, 2015, the Company filed a Form 12b-25 with the U.S. Securities and Exchange Commission to announce that it is unable to file, without unreasonable effort or expense, its Quarterly Report on Form 10-Q for the quarter ended December 31, 2014 (the &#x201C;Quarterly Report&#x201D;) within the prescribed time period because the Company needs additional time to complete its accounting and disclosure processes due to the delays with the filing of the Company&#x2019;s Annual Report on Form 10-K, which was filed February 2, 2015.</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-indent:36pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">A copy of the Press Release announcing the filing of the Form 12b-25 is attached as Exhibit 99.2 to this Current Report on Form 8-K.</font>
		</p>
		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 71.25pt;text-indent: -71.25pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Item 9.01.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 35pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;">Financial Statements and Exhibits.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 71.25pt;line-height:normal;text-indent: -71.25pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 71.25pt;text-indent: -35.25pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">(d) Exhibits.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 71.25pt;line-height:normal;text-indent: -71.25pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.22%;margin-left:0pt;">
			<tr>
				<td valign="middle" style="width:20.26%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;line-height:normal;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display: inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:02.88%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:76.86%;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:20.26%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">Exhibit Number</font></p>
				</td>
				<td valign="bottom" style="width:02.88%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:76.86%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">Description</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:20.26%;padding:0pt;">
					<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:02.88%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:76.86%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:20.26%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">10.1</font></p>
				</td>
				<td valign="bottom" style="width:02.88%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:76.86%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;">Second Amendment to Employment Agreement dated February 6, 2015 between the Company and R. Craig Yoder</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:20.26%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">99.1</font></p>
				</td>
				<td valign="bottom" style="width:02.88%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:76.86%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;">Press Release dated February 11, 2015</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:20.26%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">99.2</font></p>
				</td>
				<td valign="bottom" style="width:02.88%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:76.86%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;">Press Release dated February 9, 2015</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 71.25pt;line-height:normal;text-indent: -71.25pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 71.25pt;line-height:normal;text-indent: -71.25pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">SIGNATURE</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">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.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
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				<td valign="top" style="width:48.58%;padding:0pt 0.8pt 0pt 0.8pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="width:51.42%;padding:0pt 0.8pt 0pt 0.8pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">LANDAUER, INC.</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:48.58%;padding:0pt 0.8pt 0pt 0.8pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="width:51.42%;padding:0pt 0.8pt 0pt 0.8pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
			</tr>
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				<td valign="top" style="width:48.58%;padding:0pt 0.8pt 0pt 0.8pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="width:51.42%;padding:0pt 0.8pt 0pt 0.8pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:48.58%;padding:0pt 0.8pt 0pt 0.8pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;">February 11, 2014</font></p>
				</td>
				<td valign="top" style="width:04.58%;padding:0pt 0.8pt 0pt 0.8pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;">By: </font></p>
				</td>
				<td valign="top" style="width:46.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt 0.8pt 0pt 0.8pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;"> /s/ Mark A. Zorko</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:48.58%;padding:0pt 0.8pt 0pt 0.8pt;">
					<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:04.58%;padding:0pt 0.8pt 0pt 0.8pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:46.84%;padding:0pt 0.8pt 0pt 0.8pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;">Mark A. Zorko</font><br /><font style="display: inline;">Interim Chief Financial Officer</font><br /><font style="display: inline;"></font></p>
				</td>
			</tr>
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				<td valign="top" style="width:48.58%;padding:0pt 0.8pt 0pt 0.8pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:04.58%;padding:0pt 0.8pt 0pt 0.8pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:46.84%;padding:0pt 0.8pt 0pt 0.8pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
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			<font style="display: inline;">&nbsp; &nbsp;</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

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{"company-data": {"conformed-name": "LANDAUER INC", "cik": "0000825410", "assigned-sic": "3829", "irs-number": "061218089", "state-of-incorporation": "IL", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-09788", "film-number": "15601274"}, "business-address": {"street1": "2 SCIENCE RD", "city": "GLENWOOD", "state": "IL", "zip": "60425", "phone": "7087557000"}, "mail-address": {"street1": "2 SCIENCE RD", "city": "GLENWOOD", "state": "IL", "zip": "60425"}, "former-company": {"former-conformed-name": "TECH OPS LANDAUER INC", "date-changed": "19910521"}}
8-K CY Departure 12b25
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):
February 6, 2015
LANDAUER, INC.
(Exact Name of Registrant as Specified in Its Charter)
of Incorporation)
Delaware
(State or Other Jurisdiction
of Incorporation)
1-9788
(Commission File Number)
06-1218089
(IRS Employer Identification No.)
2 Science Road, Glenwood, Illinois
60425
(Address of Principal Executive Offices)
(Zip Code)
(708) 755-7000
(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 (
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 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 11, 2015,
Landauer, Inc. (the "Company") announced that
Dr. R. Craig Yoder, the Company's Senior Vice President – Technology and International Business, stepped down from such position effective as of February 9, 2015 (the "Effective Date") and transitioned to the role of
Senior Technical Advisor to lead the Company's Technology Advisory Board
.
A press release announcing Dr. Yoder's transition is attached as Exhibit 99.1 to this Current Report on Form 8-K.
In connection with his transition, the Company
entered into an Amendment (the "Amendment") to the Employment Agreement of Dr. R. Craig Yoder, dated as of February 29, 1996, as amended on May 2, 2006 (the "Employment Agreement").
Prior to the Amendment, Dr. Yoder served as
Senior Vice President – Technology and International Business
and his Employment Agreement provided that the employment term would continue indefinitely until terminated pursuant to the terms and conditions of the Employment Agreement. As of the Effective Date, Dr. Yoder
transitioned to the role of
Senior Technical Advisor to lead the Company's Technology Advisory Board with a reduced work schedule, and resigned from any and all officer, director and manager positions and from any and all committee positions of the Company. In addition, the Company amended the Employment Agreement to provide that Dr. Yoder's employment will automatically terminate effective February 8, 2017, unless earlier terminated pursuant to the terms and conditions of the Employment Agreement (the "Employment Term").
During the Employment Term, the Company will pay Dr. Yoder an annual base salary of $280,595 and Dr. Yoder will continue to remain eligible to participate in the Company's employee benefit plans and programs, including the Landauer, Inc. Non-Qualified Excess Plan (the "Excess Plan"), the Landauer, Inc. 401(k) Plan and the Landauer, Inc. Executive Special Severance Plan (the "Special Severance Plan"), subject to the terms of such plans and programs. As of the Effective Date, Dr. Yoder will be named a Tier III participant in the Special Severance Plan (as defined in such plan). The Company will continue to make employer contributions on behalf of Dr. Yoder under the Excess Plan at the same rate previously established. Eligibility for severance benefits not governed by the Special Severance Plan will continue to be governed by the terms of Dr. Yoder's Employment Agreement.
In connection with the Amendment, the Company
also awarded Dr. Yoder 3,127
shares of the Company's common stock with a value of approxim
ately $109,000
as of the grant date, subject to vesting based on the satisfaction of performance goals related to his employment. Dr. Yoder will not be eligible to receive any other annual or long-term incentive awa
rds during the Employment Term.
In addition, in connection with the Amendment, Dr. Yoder agreed that his noncompetition agreement with the Company would also be amended to provide that in the event of a change in control (as defined in the Landauer Inc. Incentive Compensation Plan), the noncompetition period will end on the one-year anniversary of the last date on which the Company is required to make payments to Dr. Yoder on account of base salary or severance pay,
unless, following a change in control, the Company or its successor breaches the terms of the Employment Agreement, in which case the noncompetition period will end on the day immediately following such breach.
The foregoing summary is qualified in its entirety by reference to the
Second Amendment to Employment Agreement
, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference.
Item 8.01.
Other Events.
On February 9, 2015, the Company filed a Form 12b-25 with the U.S. Securities and Exchange Commission to announce that it is unable to file, without unreasonable effort or expense, its Quarterly Report on Form 10-Q for the quarter ended December 31, 2014 (the "Quarterly Report") within the prescribed time period because the Company needs additional time to complete its accounting and disclosure processes due to the delays with the filing of the Company's Annual Report on Form 10-K, which was filed February 2, 2015.
A copy of the Press Release announcing the filing of the Form 12b-25 is attached as Exhibit 99.2 to this Current Report on Form 8-K.
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number
Description
10.1
Second Amendment to Employment Agreement dated February 6, 2015 between the Company and R. Craig Yoder
99.1
Press Release dated February 11, 2015
99.2
Press Release dated February 9, 2015
SIGNATURE
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.
LANDAUER, INC.
February 11, 2014
By:
/s/ Mark A. Zorko
Mark A. Zorko
Interim Chief Financial Officer