UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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)
March 2, 2006
C&D Technologies, Inc.
(Exact name of registrant as specified in its charter)
Delaware 1-9389 13-3314599
- --------------- ------------------- ----------------
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
1400 Union Meeting Road,
Blue Bell, Pennsylvania 19422
- ---------------------------------------- ----------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (215) 619-2700
N/A
-------------------------------------------------------------------------------
(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)
[ ] 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))
2
Item 1.02. Termination of a Material Definitive Agreement
On March 2, 2006, C&D provided to Charles Giesige thirty (30) days notice of
termination of employment as Vice President and General Manager - Standby Power
& Motive Power Divisions of C&D Technologies, Inc. Mr. Giesige's last day of
employment with C&D will be April 1, 2006, at the conclusion of the thirty (30)
day notice period provided for under his executive employment agreement dated
February 1, 2006.
Mr. Giesige will be paid severance equivalent to his base salary at the rate in
effect on the date of termination. Upon termination of his employment, Mr.
Giesige will be bound by certain non-competition and non-solicitation
obligations and will be required to execute a Release.
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.
C&D TECHNOLOGIES, INC.
By:/s/ Ian J. Harvie
----------------------------------------
Ian J. Harvie - Vice President and Chief
Financial Officer
Date: March 8, 2006