DE | 76-0447780 | |
(State or Other Jurisdiction of | (I.R.S. Employer | |
Incorporation or Organization) | Identification No.) |
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act(17CFR240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c))
Items to be Included in this Report
On February 8, 2005, the Company also amended its 1997 Non-Employee Director Plan (the "Director Plan"). The amendment, which became effective upon the approval of the Company's stockholders thereof, (i) increases the number of shares of Commmon Stock that are available for issuance under the Director Plan by 75,000, to a total of 150,000; (ii) enables members of the Company's board of directors to receive shares of Common Stock for their additional director's fees; and (iii) gives the Company's board of directors the flexibility to pay in the future a part of the director's fees in shares of Common Stock.
The Key Employee Plan is designed to provide certain full-time key employees of the Company, and the Director Plan is designed to provide the Company's non-employee directors, with additional incentives to promote the success of the Company's business.
OYO GEOSPACE CORPORATION | ||||||||
Date: February 09, 2005. | By: | /s/ Thomas T. McEntire | ||||||
Thomas T. McEntire | ||||||||
Chief Financial Officer | ||||||||