-----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, VsmvQTF4ATaFGDbDB1oiwMLMxTGqcHKy4IQR0nXXU1aQ3KqbyQfuXNTgx69YCTVy XM7LkW+2hgUTCD5WReQIdw== 0001144204-05-016772.txt : 20050523 0001144204-05-016772.hdr.sgml : 20050523 20050523134201 ACCESSION NUMBER: 0001144204-05-016772 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050517 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20050523 DATE AS OF CHANGE: 20050523 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CEVA INC CENTRAL INDEX KEY: 0001173489 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 770556376 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-49842 FILM NUMBER: 05850589 BUSINESS ADDRESS: STREET 1: 2033 GATEWAY PLACE, SUITE 150 CITY: SAN JOSE STATE: CA ZIP: 95110-1002 BUSINESS PHONE: 4085142900 MAIL ADDRESS: STREET 1: 2033 GATEWAY PLACE, SUITE 150 CITY: SAN JOSE STATE: CA ZIP: 95110-1002 FORMER COMPANY: FORMER CONFORMED NAME: PARTHUSCEVA INC DATE OF NAME CHANGE: 20021101 FORMER COMPANY: FORMER CONFORMED NAME: CEVA INC DATE OF NAME CHANGE: 20020515 8-K 1 v018942_8k.htm Unassociated Document

 
 
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 17, 2005




CEVA, INC.
(Exact name of registrant as specified in its charter)

State of Delaware
  
000-49842
  
77-0556376
(State or other jurisdiction of incorporation)
  
(Commission File Number)
  
(IRS Employer
Identification No.)

2033 Gateway Place, Suite 150
San Jose, CA 95110
(Address of principal executive offices, including zip code)

(408) 514-2900
(Registrant’s telephone number, including area code)


(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))

 
         

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Section 1 - Registrant’s Business and Operations
 
Item 1.01.    Entry into a Material Definitive Agreement.
 
On May 17, 2005, the Registrant entered into a Separation Agreement and Release (the “Release”) with Chester J. Silvestri related to the cessation of his employment with the Registrant. The terms of the Release are the same terms as contained in the Letter Agreement between the Registrant and Mr. Silvestri dated June 2, 2003. According to such Letter Agreement and the Release, in consideration of Mr. Silvestri signing a waiver and release of claims, the Registrant agreed to continue to pay Mr. Silvestri’s salary at the rate of $25,000 per month less applicable withholdings for a maximum period of nine months or until Mr. Silvestri obtains new employment, whichever period is shorter. The Registrant also agreed to provide Mr. Silvestri with COBRA coverage for approximately the same period of time.

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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.

   
CEVA, INC.
     
 
By:
 /s/ Yaniv Arieli   
   
Yaniv Arieli
Chief Financial Officer

Date: May 23, 2005
 
 
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