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 20, 2005 |
NBOG Bancorporation, Inc. |
| (Exact Name of Registrant as Specified in Its Charter) |
Georgia |
| (State or Other Jurisdiction of Incorporation) |
001-16413 | 58-2554464 |
| (Commission File Number) | (IRS Employer Identification No.) |
807 Dorsey Street, Gainesville, Georgia | 30501 |
| (Address of Principal Executive Offices) | (Zip Code) |
(770) 297-8060 |
| (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 1.01. | Entry into a Material Definitive Agreement. |
On October 20, 2005, the Company entered into a one year employment agreement with Mr. Hendrix to continue service as the Company’s Chief Financial Officer. Under the terms of the agreement, which may be renewed annually by the Board of Directors, Mr. Hendrix is entitled to an annual base salary of $130,000. Mr. Hendrix is also entitled to a payment of $130,000 if Mr. Hendrix’s employment is terminated or he resigns within 90 days following a change of control of the Company during the term of the employment agreement.
SIGNATURES
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 thereunto duly authorized.
| NBOG BANCORPORATION, INC. | |||
| Dated: October 26, 2005 | |||
| By: | /s/ W. Bryan Hendrix | ||
| Name: | W. Bryan Hendrix | ||
| Title: | Chief Financial Officer | ||