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 30, 2007
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TD Banknorth Inc.
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(Exact name of registrant as specified in its charter)
Delaware 000-51179 01-0437984
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
P.O. Box 9540, Two Portland Square, Portland, Maine 04112-9540
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (207) 761-8500
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Not Applicable
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(Former name, former address and former fiscal year, 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))
Item 5.04 Temporary Suspension of Trading Under Registrant's Employee Benefit
Plans.
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This Form 8-K is being filed to comply with the requirement that notice
of a blackout period under the TD Banknorth Inc. 401(k) Plan (the "Plan") be
given to TD Banknorth's directors and executive officers and also be furnished
to the Securities and Exchange Commission under cover of a Form 8-K. During
the blackout period, participants in the Plan will be unable to direct or
diversify investments in their Plan accounts, obtain loans from the Plan or
obtain distributions from the Plan, to the extent their account is invested
in the TD Banknorth Common Stock Fund. The purpose of the blackout period is
to terminate the TD Banknorth Common Stock Fund as an available investment
option in the Plan as a result of the pending acquisition by The Toronto-
Dominion Bank ("TD") of all of the outstanding common stock of TD Banknorth
that it does not currently own pursuant to the merger of a wholly-owned
subsidiary of TD with and into TD Banknorth, which is currently expected to
close on or about April 20, 2007, subject to shareholder and regulatory
approval.
TD Banknorth is notifying its directors and executive officers of trading
restrictions in securities of TD Banknorth during the blackout period. The
blackout period will begin on April 13, 2007 and continue through completion
of the merger. The notice sent to directors and executive officers of TD
Banknorth on March 30, 2007 is included as Exhibit 99 hereto.
Item 9.01 Financial Statements and Exhibits
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(a) Not applicable.
(b) Not applicable.
(c) The following exhibits are included with this Report:
Exhibit No. Description
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99 Notice sent to directors and executive officers of TD
Banknorth on March 30, 2007
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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 thereunto duly authorized.
TD BANKNORTH INC.
By: /s/ Peter J. Verrill
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Name: Peter J. Verrill
Title: Vice Chair and Chief Operating Officer
Date: March 30, 2007
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