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): January 3, 2005
ARI NETWORK SERVICES, INC.
(Exact name of registrant as specified in its charter)
Wisconsin | 0-19608 | 39-1388360 |
(State or other jurisdiction | (Commission | (IRS Employer |
11425 West Lake Park Drive, Suite 900 | 53224 | |
(Address of principal executive offices) | (Zip Code) | |
Registrants telephone number, including area code: (414) 973-4300
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:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Securities 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 a Material Definitive Agreement.
On January 3, 2005, ARI Network Services, Inc. (the Company) entered into a Consulting Agreement with Ascent Partners, Inc. Mr. Ted Feierstein, a director of the Company, is the managing director of Ascent Partners and will perform the consulting services. The engagement relates to the Companys proposed marketing services offering for its dealer customers. The Consulting Agreement will remain in effect until terminated by either party upon thirty days prior written notice.
As compensation for such services, Ascent Partners will receive an hourly fee of $300 and reimbursement for all reasonable travel and other pre-approved out-of-pocket expenses incurred in the performance of its duties. In addition, the Company will pay one-time modeling expenses of approximately $5,000.
The Consulting Agreement is attached hereto as Exhibit 10.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
Exhibit No. | Description |
10.1 | Consulting Agreement between ARI Network Services, Inc. and Ascent Partners, Inc. dated as of January 3, 2005 |
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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.
Dated: January 3, 2005 | ARI NETWORK SERVICES, INC. |
By: /s/ Brian E. Dearing | |
Brian E. Dearing Chairman and Chief Executive Officer |
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EXHIBIT INDEX
Exhibit No. | Description |
10.1 | Consulting Agreement between ARI Network Services, Inc. and Ascent Partners, Inc. dated as of January 3, 2005 |