-----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, LcsQLd4U0KL8oNSaZY7L/Y22Jl/WfqB2M9Mhtd/TmnYiZ79YlEdhB/XfIu7c0/yR p5I4vAGcAN2iSc8XpEcv3A== 0001206774-07-002148.txt : 20070911 0001206774-07-002148.hdr.sgml : 20070911 20070911131244 ACCESSION NUMBER: 0001206774-07-002148 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070910 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20070911 DATE AS OF CHANGE: 20070911 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PHOTRONICS INC CENTRAL INDEX KEY: 0000810136 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 060854886 STATE OF INCORPORATION: CT FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15451 FILM NUMBER: 071110640 BUSINESS ADDRESS: STREET 1: 15 SECOR ROAD STREET 2: PO BOX 5226 CITY: BROOKFIELD STATE: CT ZIP: 06804 BUSINESS PHONE: 2037759000 MAIL ADDRESS: STREET 1: 15 SECOR ROAD STREET 2: P O BOX 5226 CITY: BROOKFIELD STATE: CT ZIP: 06804 FORMER COMPANY: FORMER CONFORMED NAME: PHOTRONIC LABS INC DATE OF NAME CHANGE: 19900514 8-K 1 photronics_8k.htm CURRENT REPORT

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) September 10, 2007

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

Connecticut        0-15451        06-0854886 
(State or other jurisdiction  (Commission  (IRS Employer 
of incorporation)  File Number)  Identification Number) 

15 Secor Road, Brookfield, CT         06804 
(Address of Principal Executive Offices)  (Zip Code) 

Registrant's Telephone Number, including area code  (203) 775-9000 
 
 (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:

o      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 
     


Item  Entry into a Material Definitive Agreement 
1.01.          
  On September 10, 2007, Photronics, Inc. (“Photronics”) and Christopher J. Progler, Vice President, Chief Technology Officer entered into a three year employment agreement for the position of Vice President, Chief Technology Officer dated September 10, 2007 (the “Employment Agreement”). Mr. Progler will receive an annual rate of compensation of $243,000 annually, paid biweekly. He will receive a company car, plus all related expenses as per company policy, four weeks annual vacation, and is eligible to participate in Photronics’ health and insurance plans as described in Photronics’ handbook. The Employment Agreement also provides for certain severance, confidentiality and non-compete provisions.

 

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.

PHOTRONICS, INC.
(Registrant)

 

DATE  September 11, 2007         BY  /s/ Edwin L. Lewis
  Edwin L. Lewis 
  Senior Vice President, General Counsel and Secretary 
       

PHOTRONICS, INC.

 
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