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: May 30, 1996 ---------------------- AUDIO COMMUNICATIONS NETWORK, INC. - --------------------------------------- (Exact name of Registrant as Specified in its Charter) Florida 0-7762 59-0690530 - ------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation File Number) Identification No.) 1000 LEGION PLACE Ste. 1515 ORLANDO FL 32801 - ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (407) 649-8877 ---------------------------- AMENDMENT TO THE DEFERRED COMPENSATION AGREEMENT DATED JANUARY 5, 1983 ---------------------------------------------------------------------- Section I titled Benefits Upon Retirement shall be amended to read as follows: BENEFITS If the Employee's service with the Company is terminated on UPON or after June 1, 1991, (herein called "Retirement Date"), the RETIREMENT Company will pay to the Employee the sum of $50,000 payable - --------- on the first day of the month following termination. IN WITNESS WHEREOF the Parties hereto have signed this Amendment on May 30, 1996. AUDIO COMMUNICATIONS NETWORK, INC. By /s/ A. J. Schell ----------------------------------- Its President (CORPORATE SEAL) Attest: /s/ Doris K. Krummenacker ----------------------------------- Its Secretary Witnesses: /s/ Mary Flemmings /s/ Doris K. Krummenacker - ------------------------------- ----------------------------------- /s/ Phyllis J. DeVries - ------------------------------- As to Doris K. Krummenacker