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Pastimes : PracticeXpert, Inc. :PXPT PREVIOUSLY BOILER ROOM
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To: dkgross who wrote (68)5/16/2006 9:04:07 AM
From: StockDung   of 79
 
Form 8-K for PRACTICEXPERT INC

--------------------------------------------------------------------------------

11-May-2006

Change in Directors or Principal Officers, Regulation FD Disclosure

Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
Effective May 8, 2006, Joseph Simone resigned from the Company's Board of Directors. Mr. Simone has served as a director of the Company since April 24, 2003. There was no dispute between Mr. Simone and the Company on any matter relating to the Company's operations, policies or practices that led to his resignation. The company is seeking a replacement for Mr. Simone.

The Company has previously reported on Form 8-K filed on March 16, 2006, the appointment of Michael Manahan as Chief Executive Officer effective March 13, 2006. Effective April 23, 2006, Amendment 3 to the Compensation and Employment Agreement by and between Michael Manahan and the Company changed Mr. Manahan's salary to $85,000 per annum for the duration of the Agreement. A copy of the Amendment to the Employment Agreement between Mr. Manahan and the company is attached to this report on Form 8-K as Exhibits 99.1.

Item 7. Regulation FD Disclosure.
(c) Exhibits. The following materials are filed as exhibits to this report on Form 8-K:

99.1 Employment Agreement dated April 23, 2006.

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