-----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, CRZI2cQ42+YOiRVPH9Z2q3eawXtGixDyK798mLfkByaE4F2GSrTYwfb4wSK/DXKX PZNA1wjj5wDhuLTh86XrIw== 0001157523-06-005636.txt : 20060526 0001157523-06-005636.hdr.sgml : 20060526 20060526172059 ACCESSION NUMBER: 0001157523-06-005636 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060523 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060526 DATE AS OF CHANGE: 20060526 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IMMERSION CORP CENTRAL INDEX KEY: 0001058811 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 943180138 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27969 FILM NUMBER: 06871521 BUSINESS ADDRESS: STREET 1: 801 FOX LANE CITY: SAN JOSE STATE: CA ZIP: 95131 BUSINESS PHONE: 4084671900 MAIL ADDRESS: STREET 1: 801 FOX LANE CITY: SAN JOSE STATE: CA ZIP: 95131 FORMER COMPANY: FORMER CONFORMED NAME: IMMERSION HUMAN INTERFACE CORP DATE OF NAME CHANGE: 19980602 8-K 1 a5157582.txt IMMERSION CORPORATION 8-K 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): May 23, 2006 IMMERSION CORPORATION (Exact name of registrant as specified in its charter) ------------------------ Delaware 000-27969 94-3180138 - ----------------------------- ------------------------ ------------------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) ------------------------ 801 Fox Lane San Jose, California 95131 (Address of principal executive offices) (Zip Code) ------------------------ Registrant's telephone number, including area code: (408) 467-1900 Not Applicable (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: [ ] 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. On May 25, 2006, Immersion Medical, Inc., a wholly-owned subsidiary of Immersion Corporation, ("Immersion Medical"), and Richard Vogel, the Senior Vice President and General Manager of Immersion Medical, agreed upon and executed an amendment to Mr. Vogel's employment agreement. This amendment extends Mr. Vogel's right to receive the severance benefits set forth in his employment agreement beyond the original two year term. These severance benefits include the continued payment of Mr. Vogel's salary at his final base salary rate, less applicable withholding, for six months following the termination of his employment without cause. The amendment also allows Mr. Vogel to develop certain inventions related to wound care on his own time without Immersion Medical owning such inventions. A copy of the amendment to Mr. Vogel's employment agreement is attached hereto as Exhibit 10.66 and is incorporated herein by reference. Item 9.01 Financial Statement and Exhibits. (d) Exhibits. Exhibit Number Exhibit Title or Description -------------- ------------------------------------------------------ 10.66 Amendment No. #1 to Employment Agreement dated May 25, 2006, by and between Immersion Medical, Inc. and Richard Vogel. 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. IMMERSION CORPORATION Date: May 26, 2006 By: /s/ Stephen M. Ambler -------------------------------- Stephen M. Ambler Chief Financial Officer and Vice President, Finance EXHIBIT INDEX ------------- Exhibit No. Description - ----------- ----------- 10.66 Amendment No. #1 to Employment Agreement dated May 23, 2006, by and between Immersion Medical, Inc. and Richard Vogel. EX-10.66 2 a5157582ex1066.txt IMMERSION CORPORATION EXHIBIT 10.66 Exhibit 10.66 Amendment #1 to EMPLOYMENT AGREEMENT ------------------------------------ Between Immersion Medical, Inc. and Richard Vogel ------------------------------------------------- This Amendment #1 is made by IMMERSION MEDICAL, INC. ("Immersion Medical") and RICHARD VOGEL ("Employee") with respect to the EMPLOYMENT AGREEMENT between the parties having an effective date of February 24, 2004 (the "Employment Agreement"). The Agreement is hereby amended as follows: (1) Article III (F) ("TERMINATION WITHOUT CAUSE") shall be amended as follows: The phrase "within the twenty-four (24) month period beginning on your start date" appearing in the first sentence of the first paragraph of Article III (F) shall be deleted. (2) A new paragraph shall be added to Article VI ("INTELLECTUAL PROPERTY") as follows: Notwithstanding the foregoing, Immersion Medical acknowledges that Employee is and has been personally engaged in development of wound care methods, tools and devices (such as dressings, pumps, controls systems and protocols), and any resulting inventions for wound care are specifically excluded from the terms and conditions of this Article VI. This Amendment #1 supersedes all prior discussions and understandings between the parties with respect to the subject matter hereof. Except as expressly modified and amended in this Amendment #1, all other provisions of the Employment Agreement shall remain in full force and effect and unchanged, and are ratified hereby. The effective date of this Amendment #1 is February 24, 2004. IN WITNESS WHEREOF, the authorized representatives of the parties hereto have signed this Amendment #1. IMMERSION MEDICAL, INC. RICHARD VOGEL By: /s/ Victor Viegas By: /s/ Richard Vogel ----------------------------- ------------------------------ Name (printed): Victor Viegas Name (printed): Richard Vogel ----------------- ------------------ Title: President Title: SVP and General Manager -------------------------- --------------------------- Date: May 23, 2006 Date: May 25, 2006 --------------------------- ---------------------------- -----END PRIVACY-ENHANCED MESSAGE-----