UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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)
October 2, 2008
MEADE INSTRUMENTS CORP.
(Exact Name of Registrant as Specified in Charter)
Delaware |
| 0-22183 |
| 95-2988062 |
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6001 Oak Canyon |
| 92618-5200 |
(949) 451-1450
Registrant’s telephone number, including area code
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
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 (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o 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 Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers. |
On October 2, 2008, Meade Instruments Corp. (the “Company”), advised Mr. Donald W. Finkle, the Company’s Senior Vice President of Operations that the Company was eliminating the position of Senior Vice President of Operations in an effort to further streamline and reduce the Company’s cost structure. As a result, Mr. Finkle’s employment with the Company was being terminated. Mr. Finkle’s last date of employment with the Company will be October 3, 2008. Mr. Finkle will receive one year of salary as severance and certain other benefits in accordance with his existing employment contract and the Executive Severance Agreement dated October 2, 2008, between the Company and Mr. Finkle.
A copy of the Executive Severance Agreement is attached as Exhibit 10.113.
Item 9.01 |
| Financial Statements and Exhibits |
Exhibit No. |
| Exhibit Title or Description |
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10.113 |
| Executive Severance Agreement, dated October 2, 2008, by and between Donald W. Finkle and Meade Instruments Corp. |
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99.1 |
| Press Release, dated October 2, 2008, issued by Meade Instruments Corp. |
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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.
Dated: October 2, 2008 | MEADE INSTRUMENTS CORP. |
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| /s/ Paul E. Ross |
| Paul E. Ross, |
| Senior Vice President - Finance and |
| Chief Financial Officer |
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EXHIBIT INDEX
Exhibit No. |
| Exhibit Title or Description |
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10.113 |
| Executive Severance Agreement, dated October 2, 2008, by and between Donald W. Finkle and Meade Instruments Corp. |
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99.1 |
| Press Release, dated October 2, 2008, issued by Meade Instruments Corp. |