-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LPhViGnbYOQ4yFRC4n7LN3uNZwoYkb7EPnGo1qzdJeaKDzVnGMeXHkSVHVzBEl/P JYnqqdC5b13Wtr4B/tk3Qg== 0000895345-07-000581.txt : 20071106 0000895345-07-000581.hdr.sgml : 20071106 20071106112633 ACCESSION NUMBER: 0000895345-07-000581 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20071101 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20071106 DATE AS OF CHANGE: 20071106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: METTLER TOLEDO INTERNATIONAL INC/ CENTRAL INDEX KEY: 0001037646 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826] IRS NUMBER: 133668641 STATE OF INCORPORATION: DE FISCAL YEAR END: 0208 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13595 FILM NUMBER: 071216519 BUSINESS ADDRESS: STREET 1: IM LANGACHER P O BOX MT-100 STREET 2: CH 8606 GREIFENSEE CITY: SWITZERLAND STATE: V8 ZIP: 10022 BUSINESS PHONE: 2126445900 MAIL ADDRESS: STREET 1: IM LANGACHER STREET 2: P O BOX MT 100 CH 8606 GREIFENSEE CITY: SWITZERLAND STATE: V8 ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: METTLER TOLEDO INTERNATIONAL INC DATE OF NAME CHANGE: 19971117 FORMER COMPANY: FORMER CONFORMED NAME: MT INVESTORS INC DATE OF NAME CHANGE: 19970411 8-K 1 tp8k3_mettler.htm FORM 8-K tp8k3_mettler.htm
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):  November 1, 2007

 
Mettler-Toledo International Inc.
 
(Exact name of registrant as specified in its charter)
 


Delaware
(State of incorporation)
File No. 001-13595
(Commission File Number)
13-3668641
(IRS Employer Identification No.)

Im Langacher, P.O. Box MT-100
CH 8606 Greifensee, Switzerland
and
1900 Polaris Parkway
Columbus, OH 43240
_______________________________________________
(Address of principal executive offices) (zip code)
 
Registrant’s telephone number, including area code:
+41-44-944-22-11 and 1-614-438-4511
 

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))
 
 

 
 
 Item 5.02.     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
On November 1, 2007, the Board of Directors of Mettler-Toledo International Inc. approved Mettler-Toledo’s 2007 Share Purchase Plan, under which employees of Mettler-Toledo may purchase shares of Mettler-Toledo using all or a portion of the bonus payable under the POBS Plus Incentive System for Members of the Group Management of METTLER TOLEDO.

Participation in, and issuance of shares under, the Share Purchase Plan will be subject to the approval of the Compensation Committee of the Board.  The issue price for shares under the Plan will be equal to the New York Stock Exchange closing price on the date of issuance.  All shares issued pursuant to the Plan will be restricted for a period of five years from the date of issuance, during which time they may not be sold, assigned, transferred or otherwise disposed of, nor may they be pledged or otherwise hypothecated.

The foregoing description of the Plan is qualified by reference to the full text of the Plan, which is attached to this report as Exhibit 10.1.

Item 9.01.     Financial Statements and Exhibits.

(d)   Exhibits

        10.1  
Mettler-Toledo International Inc. 2007 Share Purchase Plan, dated November 1, 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.
 
 
METTLER-TOLEDO INTERNATIONAL INC.
 
 
       
Dated:  November 6, 2007 
By:
/s/ James Bellerjeau  
    James Bellerjeau  
    General Counsel  
       
       


Exhibit Index

Exhibit No.             Description

10.1  
        Mettler-Toledo International Inc. 2007 Share Purchase Plan, dated November 1, 2007
 
 
EX-10.1 2 tpexh10_1.htm SHARE PURCHASE PLAN tpexh10_1.htm
 
 
Exhibit 10.1
 
Mettler-Toledo International Inc.
2007 Share Purchase Plan
(November 1, 2007)

1.  Purpose of the Plan.  This Share Purchase Plan sets out the conditions under which certain employees of Mettler-Toledo International Inc. (MTII) may purchase shares of MTII using the bonus payable under the POBS Plus Incentive System for Members of the Group Management of METTLER TOLEDO (POBS Plus Bonus Plan).

2.  Administration.  The Share Purchase Plan will be administered by the Compensation Committee of the Board of Directors of MTII.  The Compensation Committee has full power and authority to establish such rules and regulations as it may deem appropriate for the administration and operation of the Share Purchase Plan.  The Compensation Committee may make determinations and interpretations relating to the Share Purchase Plan in its sole discretion, and its decisions shall be binding upon all participants.

3.  Participants.  Employees who participate in the POBS Plus Bonus Plan shall be eligible to participate in the Share Purchase Plan, subject to Compensation Committee approval.

4.  Annual Election.  Each year participants shall send a written election to the Corporate Secretary within two weeks following the announcement of MTII’s full-year financial results, specifying what amount of their POBS Plus bonus they are requesting be used to purchase MTII shares pursuant to this Share Purchase Plan.  The purchase of shares pursuant to each such election shall be subject to the prior approval of the Compensation Committee.

5.  Share Issuance.  Shares approved for issuance by the Compensation Committee will be issued on the date that the POBS Plus bonus would otherwise have been paid to the participant.  The issue price for the shares shall be equal to the NYSE closing price of the date of issuance.  No fractional shares will be issued.

6.  Restrictions on Shares.  All shares issued pursuant to this Share Purchase Plan shall be restricted for a period of five years from the date of issuance, during which time they may not be sold, assigned, transferred or otherwise disposed of, nor may they be pledged or otherwise hypothecated.  This restriction shall apply notwithstanding the earlier termination of a participant’s employment with MTII, other than termination due to death or disability.  During the restricted period, shares will be held in book-entry form in an account maintained by or on behalf of MTII on behalf of each participant.  Participants will have all of the rights of a stockholder with respect to such shares, including the right to vote the shares and to receive all dividends or other distributions paid or made with respect thereto.

7.  No Right to Continued Employment.  This Share Purchase Plan does not confer upon any participant any right to continued employment, and nothing in this Share Purchase Plan shall interfere with or limit in any way MTII’s right to terminate a participant’s employment.

8.  Taxation.  Income taxes, including capital gains taxes, if any, due upon the issuance or sale of shares are the obligation of each participant.  Social security contributions due upon the issuance of shares are shared equally between MTII and the participant.  Each participant agrees to pay to MTII, prior to any share issuance, the federal, state and local income taxes and other amounts as may be required by law to be withheld by MTII.

9.  Amendment and Termination.  The Board of Directors of MTII may at any time in its sole discretion terminate this Share Purchase Plan or make such amendments or modifications as it deems advisable.

10.  Applicable Law; Disputes.  The validity, interpretation, construction and performance of this Share Purchase Plan shall be subject to and governed by Swiss law, without giving effect to the conflicts of laws principles thereof.  Any dispute or disagreement which may arise under, or as a result of, or in any way relate to, the interpretation, construction or application of this Share Purchase Plan shall be determined by the Compensation Committee.
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