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Entry into a Material Definitive Agreement

ITEM5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers.

On November20, 2015, VASCO Data Security International, Inc. (VASCO) and T. Kendall Hunt (the Employee), VASCOs Chairman of the Board and Chief Executive Officer, entered into the Third Amendment to Amended and Restated Employment Agreement (the Third Amendment), which extends the term of the Amended and Restated Employment Agreement effective January1, 2011 (the Employment Agreement)...