Starwood Hotels & Resorts Worldwide, Inc. (Form: 8-K)  

 


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):   November 16, 2005

Starwood Hotels & Resorts Worldwide, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Maryland 1-7959 52-1193298
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
1111 Westchester Avenue, White Plains, New York   10604
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (914) 640-8100

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Starwood Hotels & Resorts
__________________________________________
(Exact name of registrant as specified in its charter)

     
Maryland 1-6828 52-0901263
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
1111 Westchester Avenue, White Plains, New York   10604
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (914) 640-8100

n/a
______________________________________________
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:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange 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))


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Item 1.01 Entry into a Material Definitive Agreement.

On November 16, 2005, Starwood Hotels & Resorts Worldwide, Inc. (the "Corporation") and Robert F. Cotter entered into an employment agreement effective as of March 1, 2005 (the "Agreement"). Pursuant to the Agreement, Mr. Cotter is to serve as Advisor to the CEO of the Corporation from May 1, 2005 through December 31, 2005.

The Agreement provides for semi-monthly payments of $11,539.17, less applicable withholdings and payments with respect to unvested benefits allocated to Mr. Cotter under the Company's 1999 Annual Incentive Plan for Certain Executives (the "Executive Plan").

The Agreement between the Corporation and Mr. Cotter is attached as Exhibit 10.1 hereto and incorporated herein by reference.







Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

10.1 Employment Letter between the Corporation and Mr. Cotter.






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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.

         
    Starwood Hotels & Resorts Worldwide, Inc.
          
November 21, 2005   By:   Kenneth S. Siegel
       
        Name: Kenneth S. Siegel
        Title: Executive Vice President, General Counsel and Secretary
         
    Starwood Hotels & Resorts
          
November 21, 2005   By:   Kenneth S. Siegel
       
        Name: Kenneth S. Siegel
        Title: Vice President, General Counsel and Secretary


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Exhibit Index


     
Exhibit No.   Description

 
10.1
  Employment Letter between the Corporation and Mr. Cotter