Delaware | 74-1871327 |
(State or Other Jurisdiction of | (I.R.S. Employer |
Incorporation) | Identification No.) |
[ ] 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 Material Agreement.
On March 15, 2006, a payment of $11,250.00 was made to Alexander Davern, one of the Company’s four most highly compensated executive officers, in connection with Mr. Davern’s participation in the Company’s Annual Incentive Program (“AIP”). This payment was in addition to the payment to Mr. Davern made on February 3, 2006, which was disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on February 9, 2006. The AIP was adopted and approved by the Compensation Committee of the Board of Directors on May 10, 2005. The payment disclosed in this Current Report was made upon the satisfaction of a set performance objective in the AIP.
Signature(s)
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: March 21, 2006 | NATIONAL INSTRUMENTS CORPORATION |
By: /s/ James J. Truchard James J. Truchard President |