-----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, ERKWynOjjriOjZhkUSFZd7PUGx+GK1oW4gqfq8bwoVU6FA/4tBGbqinFsB+THjFL UJ7w3Xh6do2uzlmtmFkKqg== 0000912057-02-026502.txt : 20020703 0000912057-02-026502.hdr.sgml : 20020703 20020703164939 ACCESSION NUMBER: 0000912057-02-026502 CONFORMED SUBMISSION TYPE: S-8 PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 20020703 EFFECTIVENESS DATE: 20020703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNOVA INC CENTRAL INDEX KEY: 0001044590 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY (NO METALWORKING MACHINERY) [3550] IRS NUMBER: 954647021 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: S-8 SEC ACT: 1933 Act SEC FILE NUMBER: 333-91956 FILM NUMBER: 02696642 BUSINESS ADDRESS: STREET 1: 21900 BURBANK BLVD CITY: WOODLAND HILLS STATE: CA ZIP: 91367-7456 BUSINESS PHONE: 8189923000 MAIL ADDRESS: STREET 1: 21900 BURBANK BLVD CITY: WOODLAND HILLS STATE: CA ZIP: 91367-7456 S-8 1 a2083868zs-8.htm S-8
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Registration No. 333-            



SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933


UNOVA, INC.
(Exact Name of Registrant as Specified in Its Charter)

Delaware 95-4647021
(State or Other Jurisdiction of Incorporation or
Organization)
(I.R.S. Employer Identification Number)

21900 Burbank Boulevard
Woodland Hills, California 91367-7456
(Address of Principal Executive Offices Including Zip Code)


UNOVA, Inc. 2002 Director Stock Option and Fee Plan
(Full Title of the Plan)


Daniel S. Bishop
Senior Vice President, General Counsel and Secretary
UNOVA, Inc.
21900 Burbank Boulevard
Woodland Hills, California 91367-7456
(Name and Address of Agent For Service)

(818) 992-3000
(Telephone Number, Including Area Code, of Agent For Service)


CALCULATION OF REGISTRATION FEE



Title Of Each Class Of Securities To Be Registered   Amount To Be Registered   Proposed Maximum Offering Price Per Unit   Proposed Maximum Aggregate Offering Price   Amount Of Registration Fee

Stock Options   745,000(1)       —(2)

Common Stock, $.01 par value   745,000(3)   $5.965 (4)   $4,443,925   $409

Total               $409

(1)
Represents options granted or to be granted pursuant to the 2002 Director Stock Option and Fee Plan (the "Plan") of UNOVA, Inc. (the "Registrant").

(2)
No registration fee is required pursuant to Rule 457(h)(3).

(3)
Includes shares issuable upon exercise of options granted or available for grant under the Plan, or issuable pursuant to a Share Election under the Plan.

(4)
Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(h) and Rule 457(c) on the basis of the average of the high and low sale prices for the Registrant's Common Stock on the New York Stock Exchange on June 27, 2002.





PART II
INFORMATION REQUIRED IN THE
REGISTRATION STATEMENT

Item 3. Incorporation of Documents by Reference

        The following documents filed with the Securities and Exchange Commission (the "Commission") by UNOVA, Inc., a Delaware corporation, pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange Act"), are incorporated by reference in this registration statement:

    (1)
    The Registrant's Annual Report on Form 10-K for the year ended December 31, 2001, filed on March 27, 2002.

    (2)
    The Registrant's Quarterly Report on Form 10-Q for quarter ended March 31, 2002, filed on May 13, 2002.

    (3)
    The description of the Registrant's common stock contained in the Registrant's Registration Statement on Form 10 filed on August 18, 1997, as subsequently amended.

        All documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part hereof from the date of filing of such documents. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this registration statement to the extent that a statement contained herein or in any other subsequently filed document which also is incorporated or deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this registration statement.

Item 6. Indemnification of Directors and Officers

        Article XII of the Registrant's Certificate of Incorporation, in accordance with Section 145 of the Delaware General Corporation Law ("DGCL"), provides that the Registrant will in accordance with its By-Laws indemnify, to the full extent permitted by the DGCL, its directors and officers, as well as anyone serving at the Registrant's request as a director, officer or employee of another entity. Article XII further permits the Registrant to indemnify other persons as provided in its By-Laws.

        Article VI of the Registrant's By-Laws provides that directors and officers shall be indemnified against expenses (including attorneys' fees), judgments, fines and amounts paid in settlement in connection with specified actions, suits or proceedings, whether civil, criminal, administrative or investigative (other than an action by or in the right of the corporation—a "derivative action") if they acted in good faith and in a manner they reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe their conduct was unlawful. A similar standard of care is applicable in the case of derivative actions, except that indemnification only extends to expenses (including attorneys' fees) incurred in connection with the defense or settlement of such an action. Moreover, the DGCL requires court approval before there can be any indemnification where the person seeking indemnification has been found liable to the corporation.

        Article VI of the Registrant's By-Laws further provides that directors and officers are entitled to be paid by the Registrant the expenses incurred in defending the proceedings specified above in advance of their final disposition, provided that, if the DGCL requires, such payment will only be made upon delivery to the Registrant by the indemnified party of an undertaking to repay all amounts so

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advanced if it is ultimately determined that the person receiving such payments is not entitled to be indemnified.

        Article VI of the Registrant's By-Laws provides that a person indemnified under Article VI of the By-Laws may bring suit against the Registrant if it fails to pay a claim for indemnification within the period of time prescribed in Article VI. The Registrant may defend such a suit by proving that the person indemnified has not met the standard of conduct which makes it permissible under the DGCL to indemnify such person for the amount of the claims.

        Article VI of the Registrant's By-Laws provides that the right to indemnification and the payment of expenses incurred in defending a proceeding in advance of its final disposition conferred in the By-Laws will not be exclusive of any other right which any person may have or acquire under the Registrant's Certificate of Incorporation, By-Laws, or any statute or agreement, or otherwise.

        Article VI of the Registrant's By-Laws provides that the Registrant may maintain insurance, at its expense, to reimburse itself and directors, officers, employees or agents of the Registrant or any person serving at the request of the Registrant as a director, officer, employee or agent of another entity against any expense, liability or loss, whether or not the Registrant would have the power to indemnify such persons against such expense, liability or loss under the provisions of its Certificate of Incorporation or By-Laws or the DGCL.

        Finally, Article VI of the Registrant's By-Laws provides that the Registrant may, to the extent authorized from time to time by its Board of Directors, indemnify and advance expenses to any of its employees or agents to the same extent permitted under Article VI with respect to its directors and officers.

        Article XIII of the Registrant's Certificate of Incorporation eliminates the personal liability of the Registrant's directors to the Registrant or its stockholders for monetary damages for breach of their fiduciary duties as a director, except for liability (i) for any breach of the director's duty of loyalty to the Registrant or its stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) under Section 174 of the DGCL or (iv) for any transaction from which the director derived any improper personal benefit.

        INSOFAR AS INDEMNIFICATION FOR LIABILITIES ARISING UNDER THE SECURITIES ACT MAY BE PERMITTED TO DIRECTORS, OFFICERS OR PERSONS CONTROLLING THE REGISTRANT PURSUANT TO THE FOREGOING PROVISIONS, THE REGISTRANT HAS BEEN INFORMED THAT IN THE OPINION OF THE SEC SUCH INDEMNIFICATION IS AGAINST PUBLIC POLICY AS EXPRESSED IN THE SECURITIES ACT AND IS THEREFORE UNENFORCEABLE.

Item 8. Exhibits

Exhibit
Number

  Description
4.1   UNOVA, Inc. 2002 Director Stock Option and Fee Plan (incorporated by reference from the Registrant's Definitive Proxy Statement on Schedule 14A, dated and filed March 27, 2002).
5.1   Opinion of Snow Becker Krauss P.C.
23.1   Consent of Snow Becker Krauss P.C. (included in Exhibit 5.1 hereto).
23.2   Consent of Deloitte & Touche LLP.
24.1   Powers of attorney of certain directors and officers of the Registrant.

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Item 9. Undertakings

(a)    The undersigned Registrant hereby undertakes:

            (1)  To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

              (i)    To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;

              (ii)  To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information in the registration statement. To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the SEC pursuant to Rule 424(b) (§230.424(b) of this chapter) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement;

              (iii)  To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;

            (2)  That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

            (3)  To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

(b)    The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the Registrant's annual report pursuant to section 13(a) or section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(c)    Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

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SIGNATURES

        Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Los Angeles, State of California, on July 3, 2002.

    UNOVA, INC.

 

 

By:

*

Larry D. Brady
Chairman of the Board, President and
Chief Executive Officer
*By:   /s/  DANIEL S. BISHOP      
Daniel S. Bishop
Attorney-in-fact
       

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        Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the date indicated.


 

 

 

 

 

*

Larry D. Brady

 

Chairman of the Board, President and Chief Executive Officer (Principal Executive Officer)

 

July 3, 2002

*

Joseph T. Casey

 

Director

 

July 3, 2002

*

Stephen E. Frank

 

Director

 

July 3, 2002

*

Claire W. Gargalli

 

Director

 

July 3, 2002

*

Michael E. Keane

 

Senior Vice President and Chief Financial Officer (Principal Financial and Accounting Officer)

 

July 3, 2002

*

Steven B. Sample

 

Director

 

July 3, 2002

*

William D. Walsh

 

Director

 

July 3, 2002

*

Larry D. Yost

 

Director

 

July 3, 2002
*By:   /s/  DANIEL S. BISHOP      
Daniel S. Bishop
Attorney-in-fact
       

II-5




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CALCULATION OF REGISTRATION FEE
PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
SIGNATURES
EX-5.1 3 a2083868zex-5_1.htm EXHIBIT 5.1

Exhibit 5.1

SNOW BECKER KRAUSS P.C.
605 Third Avenue
New York, New York 10158

                          July 3, 2002

UNOVA, Inc.
21900 Burbank Boulevard
Woodland Hills, California 91367-7418

      Re:
      Form S-8 Relating to 745,000 Shares of Common Stock, Par Value $.01 Per
      Share, of UNOVA, Inc., Issuable Under the 2002 Director Stock Option and Fee Plan

Gentlemen:

        We are counsel to UNOVA, Inc., a Delaware corporation (the "Company"), in connection with the filing by the Company with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended (the "Securities Act"), of a Form S-8 Registration Statement (the "Registration Statement") relating to 745,000 shares (the "Shares") of the Company's common stock, par value $.01 per share (the "Common Stock"), issuable upon the exercise of interests granted or as payment to Directors at their election pursuant to the Company's 2002 Director Stock Option and Fee Plan (the "Plan").

        We have examined and are familiar with originals or copies, certified or otherwise identified to our satisfaction, of the Certificate of Incorporation and By-Laws of the Company, as each is currently in effect, the Registration Statement, the Plan, resolutions of the Board of Directors of the Company relating to the adoption of and amendments to the Plan and the proposed registration and issuance of the Shares and such other corporate documents and records and other certificates, and we have made such investigations of law as we have deemed necessary or appropriate in order to render the opinions hereinafter set forth.

        In our examination, we have assumed the genuineness of all signatures, the legal capacity of all natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as certified or photostatic copies and the authenticity of the originals of such latter documents. As to any facts material to the opinions expressed herein which were not independently established or verified, we have relied upon statements and representations of officers and other representatives of the Company and others.

        Based upon and subject to the foregoing, we are of the opinion that the Shares to be issued upon exercise of any options duly granted or as payment to Directors at their election pursuant to the terms of the Plan have been duly and validly authorized and, when the Shares have been paid for in accordance with the terms of the Plan and certificates therefor have been duly executed and delivered, such Shares will be duly and validly issued, fully paid and non-assessable.

        We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. In giving this consent, we do not hereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act, or the rules and regulations of the Securities and Exchange Commission thereunder.

    Very truly yours,

 

 

SNOW BECKER KRAUSS P.C.

 

 

By:

 

/s/  
ERIC HONICK      
       
Eric Honick


EX-23.2 4 a2083868zex-23_2.htm EXHIBIT 23.2

EXHIBIT 23.2

INDEPENDENT AUDITORS' CONSENT

        We consent to the incorporation by reference in this Registration Statement of UNOVA, Inc. on Form S-8 of our report dated March 6, 2002, appearing in the Annual Report on Form 10-K of UNOVA, Inc. for the year ended December 31, 2001.

/s/ DELOITTE & TOUCHE LLP

July 3, 2002



EX-24.1 5 a2083868zex-24_1.htm EXHIBIT 24.1
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Exhibit 24.1


POWER OF ATTORNEY

UNOVA, INC.
REGISTRATION STATEMENT ON FORM S-8
2002 DIRECTOR STOCK OPTION AND FEE PLAN

        Each of the undersigned Directors and/or Officers of UNOVA, Inc., a Delaware corporation (the "Company"), hereby constitutes and appoints Larry D. Brady and Daniel S. Bishop, or either one of them, the true and lawful attorneys-in-fact of such Director and/or Officer, with full power of substitution and resubstitution, for him or her and in his or her name, place, and stead, in any and all capacities, to do any and all acts and execute any and all instruments which the said attorneys may deem necessary or advisable to enable the Company to comply with the Securities Act of 1933, as amended (the "Securities Act"), and any rules and regulations and requirements of the Securities and Exchange Commission in respect thereof, in connection with the registration under the Securities Act of 745,000 shares of the Company's common stock, $.01 par value per share, which may be issued under the terms of the UNOVA, Inc. 2002 Director Stock Option and Fee Plan, as amended from time to time, including specifically, but without limiting the generality of the foregoing, the power and authority to sign the name of the undersigned in his or her capacity as Director and/or Officer of the Company to a Registration Statement on Form S-8 to be filed with the Securities and Exchange Commission with respect thereto, to any and all amendments, including post-effective amendments, to the said Registration Statement, and to any and all instruments and documents filed as a part of or in connection with the said Registration Statement or amendments thereto; and each of the undersigned hereby ratifies and confirms all that the said attorneys, or any of them, has done, shall do, or cause to be done by virtue hereof.

        IN WITNESS WHEREOF, each of the undersigned has executed this power of attorney this 3rd day of July, 2002.

/s/  LARRY D. BRADY      
Larry D. Brady
  /s/  JOSEPH T. CASEY      
Joseph T. Casey

/s/  
STEPHEN E. FRANK      
Stephen E. Frank

 

/s/  
CLAIRE W. GARGALLI      
Claire W. Gargalli

/s/  
MICHAEL E. KEANE      
Michael E. Keane

 

/s/  
STEVEN B. SAMPLE      
Steven B. Sample

/s/  
WILLIAM D. WALSH      
William D. Walsh

 

/s/  
LARRY D. YOST      
Larry D. Yost



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POWER OF ATTORNEY UNOVA, INC. REGISTRATION STATEMENT ON FORM S-8 2002 DIRECTOR STOCK OPTION AND FEE PLAN
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