form8-k.htm
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
October 8,
2009
Date
of Report (Date of earliest event reported)
EMCORE
CORPORATION
Exact
Name of Registrant as Specified in its Charter
|
New Jersey
|
0-22175
|
22-2746503
|
|
State
of Incorporation
|
Commission
File Number
|
IRS
Employer Identification Number
|
10420 Research Road, SE,
Albuquerque, NM 87123
Address
of principal executive offices, including zip code
(505)
332-5000
Registrant's
telephone number, including area code
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))
|
|
ITEM
5.02
|
Departure
of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain
Officers.
|
On March
6, 2009, the Company reported in the Current report on Form 8-K filed with the
Securities and Exchange Commission that the Compensation Committee of the Board
of Directors of EMCORE Corporation (the “Company”) had approved a temporary
reduction in the annual base salaries of the Company’s Chief Executive Officer,
its Chief Financial Officer and each of the other currently named executive
officers of the Company (collectively, the “Named Executive Officers”). On
September 16, 2009, the Company reported in the Current Report on Form 8-K filed
with the Securities and Exchange Commission that the Compensation Committee of
the Board of Directors of EMCORE Corporation had approved a reduction in the
amount of the temporary decreases in the annual base salaries of the Company’s
Named Executive Officers. On October 8, 2009, the Compensation Committee of the
Board of Directors of the Company, in light of the Company’s improving liquidity
position and business outlook, approved a full restoration of the annual base
salaries of the Named Executive Officers of the Company. Accordingly, effective
December 13, 2009, the annual base salaries of the Named Executive Officers will
be fully restored to prior levels.
In
addition, the Company previously reported in the Current Report on Form 8-K
filed with the Securities and Exchange Commission on March 6, 2009, that the
Compensation Committee of the Board of Directors of the Company had agreed to
temporarily suspend the Company’s Outside Directors Cash Compensation Plan (the
“Plan”). On October 8, 2009, the Compensation Committee of the Board of
Directors, in light of the Company’s improving liquidity position and business
outlook, approved the full reinstatement of the Plan effective as of December 8,
2009.
SIGNATURE
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.
|
|
EMCORE
CORPORATION
|
|
Dated:
October 15,
2009
|
By: /s/ John M.
Markovich
Name:
John M. Markovich
Title: Chief
Financial Officer
|