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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 Security Exchange Act of 1934
Date of Report (Date of earliest event reported) October 30, 1996
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SMITH TECHNOLOGY CORPORATION
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(Exact name of registrant as specified in its charter)
DELAWARE 0-14992 38-2294876
(State of other jurisdiction of (Commission File (IRS Employer
incorporated organization) Number) identification No.)
Bayview Corporate Center
3501 Jamboree Road, Suite 550
Newport Beach, CA 92660
(address of principal executive offices)
Registrant's telephone number, including area code: (714) 737-7900
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Item 5. Other Events
On October 30, 1996, the Company and its Senior Lenders executed the Fifth
Amendment to the Forbearance Agreement dated June 7, 1996, in connection with
its Loan and Security Agreement, extending the forbearance period to November
30, 1996.
On November 28, 1996, the Company and its Senior Lenders executed the Sixth
Amendment to the Forbearance Agreement dated June 7, 1996 in connection with its
Loan and Security Agreement, extending the forbearance period to December 31,
1996.
Item 7. Financial Statements and Exhibits
c. Exhibits
The following exhibit is filed herewith:
Exhibit No.
10.31 - Fifth Amendment to the Forbearance Agreement.
10.32 - Sixth Amendment to the Forbearance Agreement.
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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.
SMITH TECHNOLOGY CORPORATION
By: /s/ William T. Campbell
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William T. Campbell
Vice President-Finance
January 9, 1997
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