UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): July 29, 2005
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ANADIGICS, INC.
(Exact name of registrant as specified in its charter)
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Delaware | 0-25662 | 22-2582106 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
141 Mt. Bethel Road, Warren, New Jersey 07059
(Address of principal executive offices)
Registrant’s telephone number, including area code: (908) 668-5000
Not Applicable
(Former name or former address, if changed since last report)
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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)
[ ] 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 July 29, 2005, upon the recommendation of the Compensation & HR Committee of ANADIGICS, Inc. (the “Company”), the Company’s Board of Directors approved an increase in the fee payable to the Chairperson of the Company’s ad hoc Strategic Planning Committee from $25,000 per year to $25,000 per quarter given the demanding nature, responsibilities and time commitment attendant to such position. The Chairperson’s quarterly fee of $25,000 will take effect beginning in the Company’s third fiscal quarter of 2005 and will continue until the cessation of the Strategy Planning Committee.
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.
Date: August 1, 2005
ANADIGICS, Inc.
(Registrant)
By: /s/ Thomas Shields
Name: Thomas Shields
Title: Senior Vice President and Chief Financial Officer
