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 18, 1998 CROWN VANTAGE INC. (Exact name of registrant as specified in its charter) VIRGINIA 1-13868 54-1752384 - ------------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 300 Lakeside Drive, Oakland CA 94612-3592 - ------------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (510) 874-3400 -------------------------------- Not Applicable - ------------------------------------------------------------------------------------ (Former name or former address, if changed since last report) ITEM 5. OTHER EVENTS. On March 18, 1998 Crown Vantage Inc. and Crown Paper Co. entered into an agreement with Fort James Corporation (formerly "James River Corporation of Virginia") relating to Crown Vantage Inc.'s 11.45% Senior-Pay-in-Kind Notes which are held by Fort James Corporation. This agreement is included as exhibit 10.1 to this Form 8-K. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits Exhibit No. Description ----------- --------------------------------------------------- 10.1 Option and Settlement Agreement dated March 18, 1998 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. CROWN VANTAGE INC. /s/ Michael J. Hunter March 25, 1998 ------------------------------------------- Michael J. Hunter Vice President, Chief Accounting Officer EXHIBITS LISTING Exhibit No. Description - -------------------------- ---------------------------------------------------- 10.1 Option and Settlement Agreement dated March 18, 1998