KIRKLAND'S, INC.

(KIRK)
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KIRKLAND'S, INC : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

12/21/2021 | 04:23pm EDT

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 20, 2021, Kirkland's, Inc. (the "Company") entered into an Amendment No. 1 to the Employment Agreement with Mike Holland, the Company's Chief Technology Officer (the "Amendment"), pursuant to which the Company will pay Mr. Holland a $125,000 relocation bonus (the "Relocation Bonus"). Mr. Holland will repay the Relocation Bonus in its entirety if he voluntarily resigns or is terminated with cause within twenty-four months of the date of the Amendment. The preceding description of the Amendment is a summary of its material terms, does not purport to be complete, and is qualified in its entirety by reference to both the Amendment and the Employment Agreement, copies of which are being filed as Exhibits 10.1 and 10.2 to this Current Report on Form 8-K and are incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

The following exhibits are furnished as part of this Report:



Exhibit
Number     Description

  10.1       Employment Agreement, effective January 11, 2021, by and between
           Michael A. Holland and Kirkland's, Inc.

  10.2       Amendment No. 1 to the Employment Agreement, effective December 20,
           2021, by and between Michael A. Holland and Kirkland's, Inc.

104        Cover Page Interactive Data File (embedded within the Inline XBRL
           document)





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