8-KMaterial AgreementsExhibits & Filings

EDISON INTERNATIONAL 8-K Report, Material Agreement (Oct 4, 2005)

Filed October 4, 2005For Securities:EIX

Summary

This 8-K filing from Edison International (EIX) on October 4, 2005, reports on a material definitive agreement entered into on September 28, 2005. The agreement is an engagement letter with Bryant C. Danner, the former Executive Vice President and General Counsel, who retired on June 30, 2005. Mr. Danner will now provide legal services to Edison International and its subsidiaries specifically related to environmental matters. This arrangement is significant as it highlights the company's ongoing need for specialized legal expertise, particularly in the complex area of environmental law, even after a key executive's retirement. Investors may view this as a strategic move to retain crucial knowledge and experience in-house, albeit on a contractual basis, to navigate potential liabilities and regulatory challenges. The hourly billing rate of $300 for Mr. Danner's services is also a detail worth noting.

Key Highlights

  • 1Edison International has entered into a new agreement with former Executive Vice President and General Counsel, Bryant C. Danner.
  • 2The agreement is for Mr. Danner to provide legal services related to environmental matters affecting the company and its subsidiaries.
  • 3Mr. Danner retired from his executive position on June 30, 2005.
  • 4The engagement commenced with an agreement dated September 28, 2005.
  • 5Mr. Danner will be compensated at an hourly rate of $300 for his legal services.
  • 6This engagement suggests a continued focus on managing environmental legal issues.

Frequently Asked Questions

The main purpose of this 8-K filing is to disclose a material definitive agreement between Edison International and its former Executive Vice President and General Counsel, Bryant C. Danner, for him to provide legal services related to environmental matters.

Edison International is engaging Mr. Danner, its former General Counsel, to leverage his specialized knowledge and experience in handling environmental legal matters, indicating the company's ongoing need for expertise in this complex area.

Mr. Danner will be compensated at an hourly billing rate of $300 for the legal services he provides to Edison International and its subsidiaries.

While the filing doesn't specify new issues, the engagement of specialized counsel for environmental matters suggests the company is proactively managing existing or potential environmental legal challenges and regulatory compliance.