-----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, CPi1iU2qP/UlZ2RB+dF5OLX3RrteqEIBUTKUsKzqt85bTY6VVMzG0pZLdFdIkIyg A7W5oa3rnBIL624TzdWKYA== 0000746838-05-000081.txt : 20050215 0000746838-05-000081.hdr.sgml : 20050215 20050215145752 ACCESSION NUMBER: 0000746838-05-000081 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050209 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20050215 DATE AS OF CHANGE: 20050215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNISYS CORP CENTRAL INDEX KEY: 0000746838 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 380387840 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08729 FILM NUMBER: 05616644 BUSINESS ADDRESS: STREET 1: UNISYS WAY CITY: BLUE BELL STATE: PA ZIP: 19424 BUSINESS PHONE: 2159864011 MAIL ADDRESS: STREET 1: TOWNSHIP LINE & UNION MEETING ROADS CITY: BLUE BELL STATE: PA ZIP: 19424 FORMER COMPANY: FORMER CONFORMED NAME: BURROUGHS CORP /DE/ DATE OF NAME CHANGE: 19861204 8-K 1 february.txt 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 9, 2005 ________________________________________________________________________________ UNISYS CORPORATION _______________________________________________________________________________ (Exact Name of Registrant as Specified in its Charter) Delaware 1-8729 38-0387840 _______________________________________________________________________________ (State or Other (Commission File Number) (IRS Employer Jurisdiction of Identification No.) Incorporation) Unisys Way, Blue Bell, Pennsylvania 19424 _______________________________________________________________________________ (Address of Principal Executive Offices) (Zip Code) (215) 986-4011 _______________________________________________________________________________ (Registrant's telephone number, including area code) 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 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT (a) As previously disclosed in Unisys Corporation's Current Report on Form 8-K dated April 6, 2004, Lawrence A. Weinbach, currently the company's Chairman of the Board, entered into an agreement with the company covering the terms and conditions of his employment with the company from April 6, 2004 through January 31, 2006. Pursuant to this agreement, on February 9, 2005, the company granted to Mr. Weinbach an award of 128,123 performance-based, restricted share units. Upon vesting, the units will be payable in shares of Unisys common stock. Except as otherwise provided in his employment agreement, the units will vest on February 1, 2006, provided that Mr. Weinbach has remained employed by Unisys through January 31, 2006 and provided that performance goals regarding his role with respect to the operation of the Board, advising the chief executive officer, assisting with resolving certain of the company's challenging client engagements, furthering the company's acquisition/divestiture strategy, and enhancing business development have been met. (b) On February 10, 2005, the company's Board of Directors approved revisions to the company's (i) deferred compensation plan for directors, (ii) deferred compensation plan for executives, (iii) supplemental executive retirement income plan and (iv) elected officer pension plan to put those plans into compliance with the American Jobs Creation Act of 2004. That legislation, which changes the federal income tax treatment of a wide variety of nonqualified deferred compensation plans, applies to amounts deferred on or after January 1, 2005 and generally restricts the times at which deferrals can be elected as well as the circumstances under which deferred amounts can be distributed. Accordingly, on February 10, 2005, the Board of Unisys adopted the following plans, incorporating the required changes, effective January 1, 2005: 1. 2005 Deferred Compensation Plan for Directors of Unisys Corporation 2. Unisys Corporation 2005 Deferred Compensation Plan 3. Unisys Corporation Supplemental Executive Retirement Income Plan, as Amended and Restated Effective January 1, 2005 4. Unisys Corporation Elected Officer Pension Plan, as Amended and Restated Effective January 1, 2005 SIGNATURE --------- 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. UNISYS CORPORATION Date: February 15, 2005 By: /s/ Nancy Straus Sundheim ------------------------- Nancy Straus Sundheim Senior Vice President, General Counsel and Secretary -----END PRIVACY-ENHANCED MESSAGE-----