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): August 17, 2006
Ibis Technology Corporation
(Exact name of registrant as specified in its charter)
Massachusetts |
| 0-23150 |
| 04-2987600 |
(State or other jurisdiction |
| (Commission |
| (IRS Employer |
of incorporation) |
| File Number) |
| Identification No.) |
32 Cherry Hill Drive, Danvers, Massachusetts 01923
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (978) 777-4247
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 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 August 17, 2006, the Company’s Board of Directors approved a one-year extension of Martin Reid’s employment agreement. Other terms and conditions of the existing agreement are unchanged.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
o
The following Exhibits are filed as part of this report:
| Exhibit No. |
| Description | |
|
| Exhibit 10.1. |
| Extension of Employment Agreement. |
2
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.
| IBIS TECHNOLOGY CORPORATION | |
|
|
|
Date: August 21, 2006 |
| /s/ William J. Schmidt |
|
| William J. Schmidt Chief Financial Officer |
3
Exhibit |
|
|
Number |
| Description |
10.1 |
| Extension of Employment Agreement |
4