UNITED STATES
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 (Date of earliest event reported): April 8, 2005
First Franklin Corporation
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(Exact name of registrant as specified in its charter)
Delaware 0-16362 31-1221029
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
4750 Ashwood Drive, Cincinnati, Ohio 45241
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (513) 469-5352
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(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 (see General Instruction A.2. below):
[ ] 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))
SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS
Item 1.01 Entry into a Material Definitive Agreement.
On April 8, 2005, the Board of Directors of First Franklin Corporation's
wholly-owned subsidiary, The Franklin Savings and Loan Company, approved the
extension of the employment agreements of Thomas H. Siemers, Daniel T. Voelpel,
Gretchen J. Schmidt, Lawrence J. Spitzmueller, John P. Owens and Gregory W.
Meyers for a one-year period. As a result, the term of each of the employment
agreements shall end on the following dates: Mr. Siemers' on October 23, 2008;
Mr. Voelpel and Ms. Schmidt's on March 7, 2008; Messrs. Spitzmueller and Owens'
on December 20, 2008; and Mr. Meyers' on August 15, 2008. The remaining
provisions of the original employment agreements are unchanged and remain in
full force and effect.
Each of the Employment Agreement Extensions is attached hereto as an
exhibit.
SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits.
(a) and (b). Not applicable.
(c) Exhibits.
See Index to Exhibits.
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.
FIRST FRANKLIN CORPORATION
By: /s/ Daniel T. Voelpel
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Daniel T. Voelpel
Vice President and Chief Financial Officer
Date: April 12, 2005
INDEX TO EXHIBITS
Exhibit Number Description
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10.1 Employment Agreement Extension for Thomas H. Siemers
10.2 Employment Agreement Extension for Daniel T. Voelpel
10.3 Employment Agreement Extension for Gretchen J. Schmidt
10.4 Employment Agreement Extension for Lawrence J. Spitzmueller
10.5 Employment Agreement Extension for John P. Owens
10.6 Employment Agreement Extension for Gregory W. Meyers