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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): May 16, 2006
STRATEX NETWORKS, INC.
(Exact name of Registrant as Specified in Charter)
Delaware 0-15895 77-0016028
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(State or Other Jurisdiction (Commission File (IRS Employer
of Incorporation) Number) Identification No.)
120 Rose Orchard Way, San Jose, CA 95134
(Address of principal executive offices)
Registrant's telephone number, including area code: (408) 943-0777
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:
[ ] 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))
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ITEM 5.03 AMENDMENTS IN ARTICLES OF INCORPORATION OR BYLAWS, CHANGE
IN FISCAL YEAR
The Board of Directors of the Corporation, effective May 18, 2006
approved an amendment to the Company's Bylaws regarding retirement of Directors.
The Board of Directors by a duly adopted resolution amended the Corporation's
Bylaws to allow for continued service on the Board past the mandatory retirement
age of 75 for additional one year term(s), as determined by the Board, not to
exceed two years in the aggregate. Such appointments beyond the age of 75 will
be (i) based on specific corporate needs or (ii) in recognition of meritorious
service. The previous version of the Company's Bylaws provided for a mandatory
retirement age of 75 with unlimited potential reappointments thereafter pursuant
to Board of Directors resolutions. The amended bylaws are attached as Exhibit
99.1.
The information in this Form 8-K and the attached Exhibits shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934, nor shall it be deemed incorporated by reference in any filing under the
Securities Act of 1933, except as shall be expressly set forth by specific
reference in such filing.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
Exhibit No. Description
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99.1 Amended and Restated Bylaws
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
STRATEX NETWORKS, INC.
Date: May 19, 2006
By: /s/ Juan Otero
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Juan Otero
General Counsel and
Assistant Secretary