8-K 1 c56645_8k.htm c56645_8k.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing

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)       February 13, 2009      

 

ZYGO CORPORATION
(Exact Name of Registrant as Specified in its Charter)

 

Delaware
  0-12944   06-0864500
(State or Other Jurisdiction
(Commission
  (IRS Employer
of Incorporation)
File Number)
  Identification No.)
 
 
Laurel Brook Road, Middefield, CT       06455-0448
(Address of Principal Executive Offices)   (Zip Code)
 
Registrant’s telephone number, including area code:       (860) 347-8506                  

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 (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))

 


ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF
DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY
ARRANGEMENTS OF CERTAIN OFFICERS.

On February 13, 2009, management of Zygo Corporation (“ZYGO”) implemented a temporary salary reduction program for the quarter ending June 30, 2009 for all of ZYGO’s executive officers, which includes salary reductions of 10% and two weeks of unpaid furlough. These combined actions effectively result in a pay reduction of approximately 24% for all of ZYGO’s executive officers.

 



 

 

 

 


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.

ZYGO CORPORATION

Date: February 13, 2009   By:      /s/ Walter A. Shephard
        Name: Walter A. Shephard
        Title: Vice President Finance, CFO,
        and Treasurer