-----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, LV5CHQUZ8jiBmwVQ/1kt990KQtnGYg8SnPppuVHcItlgCW7oDZxAdQ1HLD9QXs4y Zeh1pt796ON9MigHiaYURA== 0001193125-08-038526.txt : 20080226 0001193125-08-038526.hdr.sgml : 20080226 20080226142543 ACCESSION NUMBER: 0001193125-08-038526 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080220 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20080226 DATE AS OF CHANGE: 20080226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Domtar CORP CENTRAL INDEX KEY: 0001381531 STANDARD INDUSTRIAL CLASSIFICATION: PAPER MILLS [2621] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33164 FILM NUMBER: 08642453 BUSINESS ADDRESS: STREET 1: 395 DE MAISONNEUVE BLVD. W. CITY: MONTREAL STATE: A8 ZIP: H3A 1L6 BUSINESS PHONE: (514) 848-5555 MAIL ADDRESS: STREET 1: 395 DE MAISONNEUVE BLVD. W. CITY: MONTREAL STATE: A8 ZIP: H3A 1L6 8-K 1 d8k.htm FORM 8-K Form 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

February 26, 2008 (February 20, 2008)

Date of Report (Date of earliest event reported)

 

 

DOMTAR CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

DELAWARE   001-33164   20-5901152

(State or other jurisdiction

of incorporation)

   (Commission File Number)  

(IRS Employer

Identification No.)

395 de Maisonneuve Blvd. West

Montreal, Quebec

Canada H3A 1L6

(Address and zip code of principal executive offices)

(514) 848-5555

(Registrant’s telephone number, including area code)

N/A

(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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Annual Incentive Awards.  On February 20, 2008 the Human Resources Committee (the “HR Committee”) of the Board of Directors of Domtar Corporation approved the performance measures for the Domtar Corporation Annual Incentive Plan for 2008.

The HR Committee established performance measures for annual cash incentives for 2008 based on achievement of EBITDA (earnings before interest, taxes, depreciation and amortization) and health and safety improvement targets. Incentive payment targets are expressed as a percentage of base salary. Target bonus levels of 75%, 65%, 50%, 45%, and 45% (and maximum bonus levels of 150%, 130%, 100%, 90%, and 90%) of base salary were set for Messrs. Raymond Royer, Marvin Cooper, Daniel Buron, Steven Barker, and Roger Brear, respectively, subject to achievement of the relevant performance measures. There is no payment for performance that does not meet the threshold performance level.

 

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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.

 

DOMTAR CORPORATION
(Registrant)  
By:  

/s/ Razvan L. Theodoru

Name:   Razvan L. Theodoru
Title:   Vice-President and Secretary
Date:   February 26, 2008

 

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