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

Date of Report (Date of earliest event reported): June 15, 2007

INFOCUS CORPORATION

(Exact name of registrant as specified in its charter)

Commission File Number: 000-18908

Oregon	93-0932102
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
27500 SW Parkway Avenue, Wilsonville, Oregon	97070
(Address of principal executive offices)	(Zip Code)
Registrant’s telephone number, including area code: 503-685-8888
Former name or former address if changed since last report: n/a

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 1.01ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On June 15, 2007 InFocus Corporation, an Oregon corporation (the “Company”), entered into an Interim Executive Services Agreement (the “Agreement”) with Tatum, LLC (“Tatum”).  Pursuant to the Agreement, Tatum has made the services of its partner, Mark H. Perry, available to the Company.  Mr. Perry is expected to be appointed as the Company’s Interim Chief Financial Officer following the departure of Roger Rowe, the Company’s current Chief Financial Officer.  Mr. Rowe has resigned his position with the Company effective July 2, 2007.  Upon his appointment, Mr. Perry would become an employee of the Company and would not be subject to control or direction by Tatum.  Pursuant to the Agreement, and effective upon his appointment, the Company will pay Mr. Perry directly a salary of $13,846.15 every two weeks.  In addition, the Company will pay directly to Tatum a fee of $3,461.54 every two weeks.  A copy of the Agreement is attached hereto as Exhibit 10.1 and is incorporated by reference herein.

On June 18, 2007 the Company issued a press release regarding the departure of Mr. Rowe and the expected appointment of Mr. Perry.  A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

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

(b)On June 16, 2007, Roger Rowe, the Company’s Chief Financial Officer, notified the Board of Directors of his resignation, effective as of July 2, 2007.

(e)On June 16, 2007, the Board of Directors approved a cash bonus in the amount of $60,000.00 to be paid to Mr. Rowe in consideration of transition services he will provide to the Company in connection with his departure and the integration to the Company of a new interim chief financial officer.

On June 18, 2007 the Company issued a press release regarding Mr. Rowe’s resignation.  A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated by reference herein.

ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits

The following exhibits are furnished or filed herewith and this list is intended to constitute the exhibit index:

Exhibit No.	Description
10.1	Interim Executive Services Agreement dated June 15, 2007 by and between InFocus Corporation and Tatum, LLC
99.1	InFocus Corporation Press Release, dated June 18, 2007.

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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.

Date: June 19, 2007	INFOCUS CORPORATION
	By	: /s/Roger Rowe
	Roger Rowe
	Vice President Finance, Chief Financial Officer and Secretary
	(Principal Financial Officer)

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EX-10.1

EXHIBIT 10.1

Tatum, LLC

Interim Executive Services Agreement

June 15, 2007

Mr. Roger Rowe
Chief Financial Officer
InFocus Corporation
27500 SW Parkway Avenue
Wilsonville, OR, USA 97070-8238

Dear Roger:

Tatum, LLC (“Tatum”) understands that InFocus Corporation (“the Company”) desires to engage a partner of Tatum to serve as interim chief financial officer.  This Interim Executive Services Agreement sets forth the conditions under which such services will be provided.

Services; Fees

Tatum will make available to the Company Mark Perry (the “Tatum Partner”) beginning on June 19, 2007 (“Beginning Date”), who will serve as chief financial officer of the Company.  The Tatum Partner will become an employee and, if applicable, a duly elected or appointed officer of the Company and subject to the supervision and direction of the CEO of the Company (or Acting COO in the absence of a CEO), the board of directors of the Company, or both.  Tatum will have no control or supervision over the Tatum Partner.  The CFO will have full and independent access to the audit committee through the audit chair or to the independent lead director should fiduciary or ethical issues arise.

The Company will pay the Tatum Partner directly a salary of $13,846.15 every two weeks (“Salary”).  In addition, the Company will pay directly to Tatum a fee of $3,461.54 every two weeks (“Fees”) as partial compensation for resources provided.

The Company will have no obligation to provide the Tatum Partner any health or major medical benefits, stock, or bonus payments.  The Tatum Partner will remain on his or her current medical plan.

As an employee, the Tatum Partner will be eligible for vacation accrued at a rate of 1.67 days per month worked and holidays consistent with the Company’s policy as it applies to senior management, and the Tatum Partner will be exempt from any delay periods otherwise required for eligibility.

Payments; Deposit

Payments to Tatum should be made by direct deposit through the Company’s payroll, or by an automated clearing house (“ACH”) payment at the same time as payments are made to the Employee.  Only if such payment methods are not available, payment may be made by check, but at the same time as payments are made to the Employee,

The Company will reimburse the Tatum Partner directly for out-of-pocket expenses incurred by the Tatum Partner in providing services hereunder to the same extent that the Company is responsible for such expenses of senior managers of the Company.  Such reimbursable expenses will include weekly air travel between Denver, Colorado and Portland, Oregon or such other location the Tatum Partner is working in on behalf of the Company, reasonable lodging while working outside of Denver, Colorado, a reasonable rental car or taxi fares while working outside of Denver, Colorado, and a per diem of $45 while working outside of Denver, Colorado.

Company agrees to pay Tatum and to maintain a security deposit of $37,500 for the Company’s future payment obligations to both Tatum and the Tatum Partner under this agreement (the “Deposit”).  If the Company breaches this agreement and fails to cure such breach as provided in this agreement, Tatum will be entitled to apply the Deposit to its damages resulting from such breach.  Upon termination or expiration of this agreement, Tatum will return to the Company the balance of the Deposit remaining after application of any amounts to unfulfilled payment obligations of the Company to Tatum or the Tatum Partner as provided for in this agreement.

Converting Interim to Permanent

The Company will have the opportunity to make the Tatum Partner a permanent member of Company management at any time during the term of this agreement by entering into another form of Tatum agreement, the terms of which will be negotiated at such time.

Hiring Tatum Partner Outside of Agreement

During the twelve (12)-month period following termination or expiration of this agreement, other than in connection with another Tatum agreement, the Company will not employ the Tatum Partner, or engage the Tatum Partner as an independent contractor, to render services of substantially the same nature as those to be performed by the Tatum Partner as contemplated by this agreement. The parties recognize and agree that a breach by the Company of this provision would result in the loss to Tatum of the Tatum Partner’s valuable expertise and revenue potential and that such injury will be impossible or very difficult to ascertain.  Therefore, in the event this provision is breached, Tatum will be entitled to receive as liquidated damages an amount equal to forty-five percent (45%) of the Tatum Partner’s Annualized Compensation (as defined below), which amount the parties agree is reasonably proportionate to the probable loss to Tatum and is not intended as a penalty.  If, however, a court or arbitrator, as applicable, determines that liquidated damages are not appropriate for such breach, Tatum will have the right to seek actual damages.  The amount will be due and payable to Tatum upon written demand to the Company.  For this purpose, ‘‘Annualized Compensation’’ will mean monthly Salary equivalent to what the Tatum Partner would receive on a full-time basis multiplied by twelve (12), plus the maximum amount of any bonus for which the Tatum Partner was eligible with respect to the then current bonus year.

Term & Termination

Effective upon twenty-one (21) days’ advance written notice, either party may terminate this agreement, such termination to be effective on the date specified in the notice, provided that such date is no earlier than twenty-one (21) days after the date of delivery of the notice.  Tatum will continue to render services and will be paid during such notice period.

Tatum retains the right to terminate this agreement immediately if (1) the Company is engaged in or asks the Tatum Partner to engage in or to ignore any illegal or unethical activity, (2) the Tatum Partner dies or becomes disabled, (3) the Tatum Partner ceases to be a partner of Tatum for any other reason, or (4) upon written notice by Tatum of non-payment by the Company of amounts due under this agreement.  For purposes of this agreement, disability will be as defined by the applicable policy of disability insurance or, in the absence of such insurance, by Tatum’s management acting in good faith.

Should the Company elect to terminate this Agreement prior to three (3) months following the Beginning Date, the Company agrees to pay on the date of termination, an Early Termination Fee in an amount such that total Salary, Fees and Early Termination Fee paid shall total $2,500 per day worked (in addition to any reimbursable out-of-pocket expenses as provided for above).

In the event that either party commits a breach of this agreement, other than for reasons described in the above paragraph, and fails to cure the same within seven (7) days following delivery by the non-breaching party of written notice specifying the nature of the breach, the non-breaching party will have the right to terminate this agreement immediately effective upon written notice of such termination.

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Insurance

The Company will provide Tatum or the Tatum Partner with written evidence that the Company maintains directors’ and officers’ insurance in an amount reasonably acceptable to the Tatum Partner at no additional cost to the Tatum Partner, and the Company will maintain such insurance at all times while this agreement remains in effect.  Furthermore, the Company will maintain such insurance coverage with respect to occurrences arising during the term of this agreement for at least three years following the termination or expiration of this agreement or will purchase a directors’ and officers’ extended reporting period, or “tail,” policy to cover the Tatum Partner.

Disclaimers, Limitations of Liability & Indemnity

Tatum assumes no responsibility or liability under this agreement other than to render the services called for hereunder and will not be responsible for any action taken by the Company in following or declining to follow any of Tatum’s advice or recommendations.  Tatum represents to the Company that Tatum has conducted its standard screening and investigation procedures with respect to the Tatum Partner becoming a partner in Tatum, and the results of the same were satisfactory to Tatum.  Tatum disclaims all other warranties, either express or implied.  Without limiting the foregoing, Tatum makes no representation or warranty as to the accuracy or reliability of reports, projections, forecasts, or any other information derived from use of Tatum’s resources, and Tatum will not be liable for any claims of reliance on such reports, projections, forecasts, or information. Tatum will not be liable for any non-compliance of reports, projections, forecasts, or information or services with federal, state, or local laws or regulations.  Such reports, projections, forecasts, or information or services are for the sole benefit of the Company and not any unnamed third parties.

In the event that any partner of Tatum (including without limitation the Tatum Partner to the extent not otherwise entitled in his or her capacity as an officer of the Company) is subpoenaed or otherwise required to appear as a witness or Tatum or such partner is required to provide evidence, in either case in connection with any action, suit, or other proceeding initiated by a third party or by the Company against a third party, then the Company shall reimburse Tatum for the costs and expenses (including reasonable attorneys’ fees) actually incurred by Tatum or such partner and provide Tatum with compensation at Tatum’s customary rate for the time incurred.

The Company agrees that, with respect to any claims the Company may assert against Tatum in connection with this agreement or the relationship arising hereunder, Tatum’s total liability will not exceed two (2) months of Fees.

As a condition for recovery of any liability, the Company must assert any claim against Tatum within three (3) months after discovery or sixty (60) days after the termination or expiration of this agreement, whichever is earlier.

Tatum will not be liable in any event for incidental, consequential, punitive, or special damages, including without limitation, any interruption of business or loss of business, profit, or goodwill.

Arbitration

If the parties are unable to resolve any dispute arising out of or in connection with this agreement, either party may refer the dispute to arbitration by a single arbitrator selected by the parties according to the rules of the American Arbitration Association (“AAA”), and the decision of the arbitrator will be final and binding on both parties.  Such arbitration will be conducted by the Atlanta, Georgia, office of the AAA.  In the event that the parties fail to agree on the selection of the arbitrator within thirty (30) days after either party’s request for arbitration under this paragraph, the arbitrator will be chosen by AAA.  The arbitrator may in his discretion order documentary discovery but shall not allow depositions without a showing of compelling need.  The arbitrator will render his decision within ninety (90) days after the call for arbitration.  The arbitrator will have no authority to award punitive damages.  Judgment on the award of the arbitrator may be entered in and enforced by any court of competent jurisdiction.  The arbitrator will have

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no authority to award damages in excess or in contravention of this agreement and may not amend or disregard any provision of this agreement, including this paragraph.  Notwithstanding the foregoing, either party may seek appropriate injunctive relief from a court of competent jurisdiction, and either party may seek injunctive relief in any court of competent jurisdiction.

Miscellaneous

Tatum will be entitled to receive all reasonable costs and expenses incidental to the collection of overdue amounts under this Resources Agreement, including but not limited to attorneys’ fees actually incurred.

The Company agrees to allow Tatum to use the Company’s logo and name on Tatum’s website and other marketing materials for the sole purpose of identifying the Company as a client of Tatum.  Tatum will not use the Company’s logo or name in any press release or general circulation advertisement without the Company’s prior written consent.

Neither the Company nor Tatum will be deemed to have waived any rights or remedies accruing under this agreement unless such waiver is in writing and signed by the party electing to waive the right or remedy.  This agreement binds and benefits the respective successors of Tatum and the Company.

Neither party will be liable for any delay or failure to perform under this agreement (other than with respect to payment obligations) to the extent such delay or failure is a result of an act of God, war, earthquake, civil disobedience, court order, labor dispute, or other cause beyond such party’s reasonable control.

The provisions concerning payment of compensation and reimbursement of costs and expenses, limitation of liability, directors’ and officers’ insurance, and arbitration will survive the expiration or any termination of this agreement.

This agreement will be governed by and construed in all respects in accordance with the laws of the State of Georgia, without giving effect to conflicts-of-laws principles.

The terms of this agreement are severable and may not be amended except in writing signed by the party to be bound.  If any portion of this agreement is found to be unenforceable, the rest of the agreement will be enforceable except to the extent that the severed provision deprives either party of a substantial benefit of its bargain.

Nothing in this agreement shall confer any rights upon any person or entity other than the parties hereto and their respective successors and permitted assigns and the Tatum Partner.

Each person signing below is authorized to sign on behalf of the party indicated, and in each case such signature is the only one necessary.

Bank Lockbox Mailing Address for Deposit and Fees:

Tatum, LLC
P.O. Box 403291
Atlanta, GA  30384-3291

Electronic Payment Instructions for Deposit and Fees:

Bank Name: Bank of America
Branch: Atlanta
Routing Number:	For ACH Payments: 061 000 052
	For Wires: 026 009 593
Account Name: Tatum, LLC
Account Number: 003 279 247 763
Please reference InFocus in the body of the wire.

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Please sign below and return a signed copy of this letter to indicate the Company’s agreement with its terms and conditions.

We look forward to serving you.

Sincerely yours,

TATUM, LLC	Acknowledged and agreed by:
	InFocus Corporation
Signature
	Signature
(Print name)
	(Print name)
Area Managing Partner for TATUM, LLC
	(Title)
	(Date)

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EX-99.1

EXHIBIT 99.1

Investor Relations Contacts:	Public Relations Contacts:
Roger Rowe	Martin Flynn
Chief Financial Officer	InFocus Corporation
InFocus Corporation	(503) 685-8112
(503) 685-8576
	Caitlin Fox
	Edelman
	(503) 471-6826

27500 SW Parkway Ave
Wilsonville, Oregon
97070-9215

800.294.6400
503.685.8888
503.685.8887

www.infocus.com

InFocus® Announces Departure of CFO

Mark Perry named interim CFO

WILSONVILLE, Ore., June 18, 2007 – InFocus® Corporation (NASDAQ: INFS) today announced that Roger Rowe is resigning as Chief Financial Officer to accept another position locally effective July 2, 2007.  Mark Perry will join InFocus as interim CFO upon Mr. Rowe’s departure.

Mr. Perry is a partner in the Chicago practice of Tatum LLC, the nation’s largest and fastest growing executive services firm.  Mr. Perry has over 30 years of experience and has been a Tatum partner since 2005.  Prior to Tatum, Mr. Perry held various financial leadership roles at Netopia, Inc., URS Corporation, Covad Communications, US West, and Arthur Andersen.  Mr. Perry holds a BS degree in accounting from Fairleigh Dickinson University.

“Roger has provided strong financial leadership for the company for the last several years effectively managing the balance sheet and reducing operating costs,” said Michael Hallman, lead independent director of InFocus.  “The Board of Directors thanks him for his service and wishes him the best in the future.  Mark Perry brings a wealth of experience to his role as interim CFO.  Mark and Roger will work together over the next couple of weeks to minimize any disruption to the business,” Hallman concluded.

“We have worked as a management team to put an operating plan in place to continue to improve the operational performance of the Company. I have confidence that the Board and management team under the leadership of Joe O’Sullivan can work together to achieve the goals that have been put forth,” said Rowe.  “I am grateful for the experience I have gained at InFocus and am looking forward to the next chapter in my career,” finished Rowe.

Forward-Looking Statements

This press release includes forward-looking statements.  Investors are cautioned that all forward-looking statements involve risks and uncertainties and several factors could cause actual results to differ materially from those in the forward-looking statements.  Investors are directed to the Company’s filings with the Securities and Exchange Commission, including the Company’s 2006 Form 10-K and first quarter 2007 Form 10-Q,

which are available from the Company without charge, for a more complete description of the risks and uncertainties relating to forward-looking statements made by the Company as well as to other aspects of the Company’s business.  The forward-looking statements contained in this press release speak only as of the date on which they are made and the Company does not undertake any obligation to update any forward looking statements to reflect events or circumstances after the date of this press release.

About InFocus Corporation

InFocus® Corporation (NASDAQ: INFS) is the industry pioneer and worldwide leader in the projection market today. Over twenty years of experience and engineering breakthroughs are at work here, constantly improving what you see in the marketplace, and delivering immersive audio visual impact in home entertainment, business and education environments. As the inventor and leader in the category, we focus on making the presentation of ideas, information and entertainment a vivid, unforgettable experience. We believe our innovation and products set the standard for what a big picture experience should be like.

InFocus Corporation’s global headquarters are located in Wilsonville, Oregon, USA, with regional offices in Europe and Asia. For more information, visit the InFocus Corporation web site at www.infocus.com or contact the Company toll-free at 800.294.6400 (U.S. and Canada) or 503.685.8888 worldwide.

InFocus, IN, Proxima, LiteShow, LP, ASK, ScreenPlay, Play Big, Work Big, Learn Big and The Big Picture are either registered trademarks or trademarks of InFocus Corporation in the U.S. and abroad.  “DLP” is a trademark of Texas Instruments.