ITEM 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 12, 2009, the Board of Directors of Brightpoint, Inc. (the "Company") took action to appoint Anthony W. Boor as Interim President of Brightpoint Europe, Middle East and Africa. Mr. Boor will continue to serve as the Company's Executive Vice President, Chief Financial Officer and Treasurer. In connection with this action, the Company and Michael Koehn Milland ("Milland"), who has served as the President of Europe, Middle East and Africa since June 30, 2008, have begun negotiating a Separation and Release Agreement ("Separation Agreement"), which may include a three-year consulting agreement ("Consulting Agreement"). Mr. Milland has ceased to be one of our named executive officers.
The parties currently anticipate that the Separation Agreement and Consulting Agreement will each take effect on August 1, 2009 and will provide that the Company pay Mr. Milland his current base salary for three years following the termination of his employment, together with additional payments, including reasonable housing, moving and storage expense reimbursement. The parties anticipate that Mr. Milland's earned restricted stock units would continue to vest during the term of the Consulting Agreement. The Company also anticipates that it will grant Mr. Milland approximately 40,000 additional shares of restricted stock that would vest in accordance with the terms of the Consulting Agreement. The parties further anticipate that the Separation Agreement or Consulting Agreement will contain non-compete, non-solicitation and non-disclosure provisions in addition to those that already survive from Mr. Milland's employment agreement with the Company. This description of the proposed terms of the Separation Agreement and Consulting Agreement are qualified in their entirety by the definitive agreements that are ultimately entered into by the parties.

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