Business Context and Reporting Period
Company: Open Text Corporation
Filing Type: Form 8-K (Current Report)
Report Date: January 2, 2012
Event: Entry into a Material Definitive Agreement (Consulting Agreement)
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses solely on a specific corporate agreement and does not contain financial performance data.
Material Changes
On January 2, 2012, the Company entered into a consulting agreement with Mr. John Shackleton. Key terms include:
- Role: Independent contractor providing advisory services on an as-requested basis.
- Duration: Six months, ending June 30, 2012.
- Details: Full agreement terms are contained in Exhibit 99.1.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items beyond the execution of the consulting agreement.
Investor Verification Checklist
- Review Exhibit 99.1 for specific compensation terms and scope of services for Mr. Shackleton.
- Confirm if this engagement impacts any existing executive compensation plans or related party transaction policies.
- Verify the strategic rationale for engaging an independent contractor for advisory services at this time.