-----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, HRVMweiHdHczNOptBxCe9q7M7++vhsdoaixlgryLg9XQ6ykNChszbLrRIDqqUwgH CUapJjfPh3Kwl7G4FbQaJA== 0000027116-00-000003.txt : 20000307 0000027116-00-000003.hdr.sgml : 20000307 ACCESSION NUMBER: 0000027116-00-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000223 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000303 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DATRON SYSTEMS INC/DE CENTRAL INDEX KEY: 0000027116 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 952582922 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-07445 FILM NUMBER: 560253 BUSINESS ADDRESS: STREET 1: 3030 ENTERPRISE CT CITY: VISTA STATE: CA ZIP: 92083 BUSINESS PHONE: 760-734-5454 MAIL ADDRESS: STREET 1: 3030 ENTERPRISE CT. CITY: VISTA STATE: CA ZIP: 93083 8-K 1 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) February 23, 2000 DATRON SYSTEMS INCORPORATED (Exact Name of Registrant as Specified in Its Charter) Delaware (State or Other Jurisdiction of Incorporation) 0-7445 95-2582922 (Commission File Number) (IRS Employer Identification No.) 3030 Enterprise Court, Vista, California 92083-8347 (Address of Principal Executive Offices) (Zip Code) (760) 734-5454 (Registrant's Telephone Number, Including Area Code) (Former Name or Former Address, if Changed Since Last Report) Item 5. Other Events. On February 23, 2000, the Board of Directors of Datron Systems Incorporated (the "Registrant" or "Datron") adopted the Second Amendment to the Registrant's Stockholder Rights Agreement. This amendment changed the definition of Acquiring Person to a person who is the beneficial owner of fifteen (15%) or more of the outstanding shares of Datron's common stock. See Exhibit 10.73. Item 7. Financial Statements and Exhibits. Exhibits: 10.73 Second Amendment to Stockholder Rights Agreement dated February 23, 2000. 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. DATRON SYSTEMS INCORPORATED Date: March 2, 2000 /s/ William L. Stephan Vice President and Chief Financial Officer (Principal Financial and Accounting Officer) EX-10.73 2 Exhibit 10.73 Second Amendment to Stockholder Rights Agreement This Second Amendment to Stockholder Rights Agreement (the "Amendment'), dated February 23, 2000, is entered into by and between Datron Systems Incorporated, a Delaware corporation (the "Company"), and ChaseMellon Shareholder Services, L.L.C., a New Jersey limited liability company, as successor in interest to Security Pacific National Bank, a national banking association, as Rights Agent (the "Rights Agent"). BACKGROUND The Company and the Rights Agent are parties to a Stockholder Rights Agreement dated August 21, 1990, as amended (the "Agreement"). The Board of Directors of the Company has authorized an amendment to the Agreement pursuant to Section 28 of the Agreement and the Company has delivered a certificate to the Rights Agent stating that the amendment set forth herein has been adopted in compliance with the provision of such section. AMENDMENT NOW, THEREFORE, the parties hereby agree as follows. 1. Amendment. The definition of "Acquiring Person" as set forth in the Plan is amended by to read in its entirety as follows: "Acquiring Person" means any Person who or which, together with all Affiliates and Associates of such Person, shall be the Beneficial Owner of fifteen percent (15%) or more of the Common Shares then outstanding, but shall not include the Company, any Subsidiary of the Company, any employee benefit plan of the Company or of any of its Subsidiaries, or any Person holding Common Shares for or pursuant to the terms of any such employee benefit plan; provided, however, that a Person who would otherwise become an Acquiring Person solely as a result of (i) a reduction in the number of outstanding Common Shares subsequent to the last acquisition by such Person of beneficial ownership of Common Shares; or (ii) the acquisition by such Person of beneficial ownership of Common Shares in the belief that such acquisition would not cause such Person to become the Beneficial Owner of fifteen percent (15%) or more of the Common Shares then outstanding, where such Person, in computing such Person's percentage ownership of Common Shares, relied in good faith on the Company's most recent report, schedule or other document filed with the Securities and Exchange Commission which sets forth the number of Common Shares outstanding unless, at the time of such acquisition, such Person knows or has reason to know that the information contained therein was or is inaccurate, shall not be an Acquiring Person until such Person shall, after the reduction described in clause (i) above or the acquisition described in clause (ii) above, acquire beneficial ownership of any Common Shares while it is the Beneficial Owner of fifteen percent (15%) or more of the Common Shares outstanding at the time of such acquisition. 2. Agreement Remains in Full Force and Effect. Except as modified by this Amendment, the Agreement remains in full force and effect without amendment or modification of any kind. 3. Governing Law. This Amendment, like the Agreement, shall be deemed to be a contract made under the laws of the State of Delaware and for all purposes shall be governed by and construed in accordance with the laws of such state applicable to contracts to be made between Delaware residents and performed entirely within such state. 4. Counterparts. This Amendment may be executed in any number of counterparts and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument. IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and attested, all as of the day and year first above written. DATRON SYSTEMS INCORPORATED By: /s/ William L. Stephan Name: William L. Stephan Title: Vice President and Chief Financial Officer ATTEST: By: /s/ Penny Felicioni Name: Penny Felicioni Title: Assistant Secretary CHASEMELLON SHAREHOLDER SERVICES, L.L.C., as Rights Agent By: /s/ James Kirkland Name: James Kirkland Title: Assistant Vice President ATTEST: By: /s/ Sharon Knepper Name: Sharon Knepper Title: Vice President -----END PRIVACY-ENHANCED MESSAGE-----