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 1934
Date of Report (Date of earliest event reported): May 10, 2006
AVP, Inc.
(Exact name of registrant as specified in charter)
Delaware
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(State or other jurisdiction of incorporation)
005-79737 98-0142664
(Commission File Number) (IRS Employer Identification No.)
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6100 Center Drive, Suite 900, Los Angeles, CA 90045
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (310) 426-8000
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):
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|_| 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 1.01 - Entry into a Material Definitive Agreement.
See Item 5.02.
Item 5.02 - Departure of Directors or Principal Officers; Election of Directors,
Appointment of Principal Officers.
On May 10, 2006, Mr. William Chardavoyne was appointed by the Board of
Directors (the "Board") of AVP, Inc. (the "Company") to serve on the Board of
the Company. Mr. Chardavoyne has been appointed to serve as Chairman of the
Board's Audit Committee. Mr. Chardavoyne accepted his appointment as director on
May 10, 2006 pursuant to an offer letter from the Company, dated May 9, 2006, in
which the Company, among other things, outlines his compensation for serving as
a director and a member of a committee of the Board of the Company. There are no
other arrangements or understandings between Mr. Chardavoyne and any other
persons pursuant to which Mr. Chardavoyne was selected as a director. There have
been no other transactions since the beginning of the Company's last fiscal
year, or any currently proposed transaction, or series of similar transactions,
to which the Company was or is to be a party, in which the amount involved
exceeds $60,000 and in which Mr. Chardavoyne had, or will have, a direct or
indirect material interest.
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.
AVP, INC.
By: /s/ Andrew Reif
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Name: Andrew Reif
Title: Chief Operating Officer
Dated: May 12, 2006