Summary
This 8-K filing by Freeport-McMoRan Inc. (FCX) reports on the renewal of several supplemental consulting agreements. Specifically, FM Services Company, a subsidiary of FCX, has extended consulting arrangements with J. Bennett Johnston, Jr., Kissinger Associates, Inc./Kent Associates Inc., and Gabrielle K. McDonald. These renewals are for an additional one-year period, commencing January 1, 2009, and concluding on December 31, 2009. Importantly, all terms and conditions of the original consulting agreements remain unchanged for each party.
Key Highlights
- 1Renewal of supplemental consulting agreement with J. Bennett Johnston, Jr., a director of FCX, for one year (Jan 1, 2009 - Dec 31, 2009).
- 2Renewal of supplemental consulting agreements with Kissinger Associates, Inc. and Kent Associates Inc. for one year (Jan 1, 2009 - Dec 31, 2009).
- 3Renewal of supplemental consulting agreement with Gabrielle K. McDonald, a director of FCX, for one year (Jan 1, 2009 - Dec 31, 2009).
- 4The renewals do not alter the existing terms and conditions of the original consulting agreements.
- 5The agreements are with FM Services Company, a wholly owned subsidiary of FCX.
- 6The filing indicates a continued engagement with key advisors or consultants, some of whom are also directors of the company.