UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pusuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): January 13, 2006
Joy Global Inc.
(Exact Name of Registrant as Specified in Its Charter)
| Delaware | 1-9299 | 39-1566457 |
(State or Other Jurisdiction
of Incorporation)
| (Commission File Number) | (IRS Employer Identification No.) |
|
| 100 E. Wisconsin Avenue, Suite 2780,
Milwaukee, WI 53202 | | |
| (Address of Principal Executive Offices) | | |
Registrant’s telephone number, including area code:
414-319-8500
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:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Solicitation 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) underthe Exchange Act (17 CFR 240.13e-4(c))
ITEM 1.01 Entry into a Material Definitive Agreement
On January 13, 2006 the Human Resources and Nominating Committee of the registrant´s Board of Directors established average return on equity over the three-year award cycle ending on the last day of Fiscal 2008 as the performance goal applicable to the performance shares granted to the registrant´s executive officers on November 14, 2005 pursuant to the Joy Global Inc. 2003 Stock Incentive Plan. The executive officers receiving grants on such date were John N. Hanson, Donald C. Roof, Michael W. Sutherlin, Mark E. Readinger, Dennis R. Winkleman and John J. Fons.
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 hereunto duly authorized.
| | JOY GLOBAL INC.
|
| Date: January 19, 2006 | By:Donald C. Roof
Donald C. Roof
Executive Vice President,
Chief Financial Officer and
Treasurer |
