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) December 7, 2009

 


 

ASSURED GUARANTY LTD.

(Exact name of registrant as specified in its charter)

 


 

Bermuda

 

001-32141

 

98-0429991

(State or other jurisdiction of
incorporation or organization)

 

(Commission File Number)

 

(I.R.S. Employer Identification No.)

 


 

Assured Guaranty Ltd.

30 Woodbourne Avenue

Hamilton HM 08 Bermuda

(Address of principal executive offices)

 

Registrant’s telephone number, including area code: (441) 279-5700

 

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 (see General Instruction A.2. below):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

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

 

(c)   On December 7, 2009, Michael J. Schozer, the President of Assured Guaranty Corp. (“AGC”), resigned from all positions as officer or director of Assured Guaranty Ltd. and its subsidiaries (collectively “Assured Guaranty”).  As previously announced he will remain an employee of Assured Guaranty through the end of 2009.  In connection with his resignation, Mr. Schozer entered into a letter agreement with AGC addressing separation matters, a copy of which is set forth as Exhibit 10.1 hereto and incorporated herein by reference.

 

Item 9.01                                         Financial Statements and Exhibits.

 

(d)  Exhibits

 

Exhibit

 

 

Number

 

Description

 

 

 

10.1

 

Letter Agreement dated December 7, 2009 between Michael J. Schozer and Assured Guaranty Corp.

 

2



 

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.

 

 

 

ASSURED GUARANTY LTD.

 

 

 

 

 

 

 

By:

/s/ JAMES M. MICHENER

 

 

Name: James M. Michener

 

 

Title:  General Counsel

 

 

 

DATE:  December 8, 2009

 

 

 

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EXHIBIT INDEX

 

Exhibit
Number

 

Description

 

 

 

10.1

 

Letter Agreement dated December 7, 2009 between Michael J. Schozer and Assured Guaranty Corp.

 

4