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) July 10, 2006 (July 6, 2006) Commission File No. 000-22390 SHARPS COMPLIANCE CORP. (Exact Name Of Registrant As Specified In Its Charter) Delaware 74-2657168 (State Or Other Jurisdiction Of (IRS Employer Incorporation Or Organization) Identification No.) 9350 Kirby Drive, Suite 300 Houston, Texas 77054 (Address Of Principal Executive Offices) Registrant's Telephone Number, Including Area Code) 713-432-0300 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 CFR240.14d-2(b)) |_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) -------------------------------------------------------------------------------- Item 8.01. Other Events On July 6, 2006, the Company executed settlement documents resolving the Attentus Medical Sales, Inc. ("Attentus") and Jason Jodway litigation. In conjunction with the resolution of the matter, the Company entered into a business relationship whereby Attentus will market and sell the Company's Sharps Disposal By Mail Systems(R) on an exclusive basis. The Company, Attentus and Jason Jodway have agreed to dismiss all claims against each other. 2 -------------------------------------------------------------------------------- Item 9.01 Financial Statements and Exhibits. (c) Exhibits -------- 99.1 Press Release dated July 10, 2006 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SHARPS COMPLIANCE CORP. By: /s/ David P. Tusa ------------------------------- Executive Vice President, Chief Financial Officer and Business Development Dated: July 10, 2006 4 --------------------------------------------------------------------------------