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) December 22, 2010
| 001-13577 | 59-3074176 |
| (Commission File Number) | (IRS Employer Identification No.) |
3280 Peachtree Road, NE, Suite 1000, Atlanta, Georgia 30305
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 (seeGeneral Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|_| Soliciting 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) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
On December 22, 2010, upon the recommendation of our compensation committee, our board of directors adopted a form of director stock deferral agreement pursuant to which each director can elect to defer the equity component of his compensation for Board service. The adoption of the director stock deferral agreement does not increase the amount of or otherwise change the equity compensation granted to our non-employee directors each year. The foregoing description of the agreement is qualified in its entirety by the full text of the form of the director stock deferral agreement, which is filed herewith as Exhibit 10.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit | Form of Director Stock Deferral Agreement |
| 10.1 |
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.
| PREMIERE GLOBAL SERVICES, INC. |
| Date: | December 22, 2010 | By: | /s/ Scott Askins Leonard |
| Scott Askins Leonard | |||
| Senior Vice President – Legal, | |||
| General Counsel and Secretary | |||
EXHIBIT INDEX
| Exhibit | Form of Director Stock Deferral Agreement |
| 10.1 |