UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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) – October 6, 2008
The First of Long Island Corporation
(Exact Name of Registrant as Specified in Charter)
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New York |
0-12220 |
11-2672906 |
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(State or Other Jurisdiction |
(Commission |
(IRS Employer |
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of Incorporation) |
File Number) |
Identification No.) |
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10 Glen Head Road, Glen Head, New York |
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11545 |
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(Address of Principal Executive Offices) |
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(Zip Code) |
Registrant’s telephone number, including area code - (516) 671-4900
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.02. Termination of a Material Definitive Agreement
Item 5.02. Departure of Executive Officer
On October 6, 2008, the letter employment agreement dated January 1, 2002, as amended, between The First of Long Island Corporation (the “Corporation”) and Mr. Joseph G. Perri, Executive Vice President, was terminated and Mr. Perri will receive the Termination Payment in the amount of $248,125 being equal to 125% of his current Base Annual Salary. The Corporation will provide Mr. Perri with medical and dental insurance coverage at no cost to him for a period of up to eighteen months subsequent to termination of his letter employment agreement.
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 thereunto duly authorized.
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The First of Long Island Corporation |
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(Registrant) |
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Date: October 7, 2008 |
By: /s/ Mark D. Curtis |
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Mark D. Curtis |
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Senior Vice President & Treasurer |
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(principal accounting & financial officer) |
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