UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K/A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): December 4, 2007
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Ibis Technology Corporation
(Exact name of Registrant as Specified in its Charter)
Massachusetts 000-26824 04-2987600
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
32 Cherry Hill Drive
Danvers, Massachusetts 01923
(Address of Principal Executive Offices)
(978) 777-4247
(Registrant's telephone number, including area code)
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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))
This Form 8-K/A amends and restates the initial 8-K filed by Ibis Technology
Corporation ("the Company") on December 10, 2007 for the purposes of correcting
the date of the action by the Board of Directors.
Item 5.02. Departure of Directors or Certain Officers; Election of Director;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On December 4, 2007, the Company's Board of Directors appointed Martin Reid
as President and Chief Executive Officer and approved a one-year extension of
his employment agreement to December 31, 2008. Other terms and conditions of the
existing agreement are unchanged.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
Exhibit No. Description
10.1 Extension of Employment Agreement, dated December 4,
2007
99.1 Press Release issued by Ibis Technology Corporation on
December 7, 2007
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.
IBIS TECHNOLOGY CORPORATION
Date: December 18, 2007
By: /s/ William J. Schmidt
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Name: William J. Schmidt
Title: Chief Financial Officer
EXHIBIT INDEX
Exhibit No. Description
10.1 Extension of Employment Agreement, dated December 4,
2007
99.1 Press Release issued by Ibis Technology Corporation on
December 7, 2007