-----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, DjwYt1RvvKLqPnj6lWy2r4QeynonKvNweHBBjQzvDyn+UzzBpnwBStrd1H2T+VPr CyR2d7/BS3llMEEG88+QnQ== 0001102624-06-000082.txt : 20060331 0001102624-06-000082.hdr.sgml : 20060331 20060331144222 ACCESSION NUMBER: 0001102624-06-000082 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060327 ITEM INFORMATION: Other Events FILED AS OF DATE: 20060331 DATE AS OF CHANGE: 20060331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: M WAVE INC CENTRAL INDEX KEY: 0000883842 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 363809819 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19944 FILM NUMBER: 06727963 BUSINESS ADDRESS: STREET 1: 216 EVERGREEN ST CITY: BENSENVILLE ILLINOIS STATE: IL ZIP: 60106 BUSINESS PHONE: 6308609542 MAIL ADDRESS: STREET 1: 475 INDUSTRIAL BLVD CITY: W CHICAGO STATE: IL ZIP: 60106 8-K 1 mwave8k.htm M-WAVE INC. 8-K

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): March 27, 2006

 

M-WAVE, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware

33-45449

36-3809819

(State or other

(Commission File

(IRS Employer

jurisdiction of

Number)

Identification No.)

incorporation)

 

 

 

 

 

11533 Franklin Avenue, 2nd Floor, Franklin Park, Illinois            60131

(Address of principal executive offices)         (Zip Code)

 

 

 

Registrant’s telephone number, including area code: (630) 562-5550

 

 

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:

 

¨   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 8.01.  Other Events. 

On March 27, 2006, the Board of Directors unanimously approved a formal compensation package for non-executive directors.  This compensation package is intended to reflect both industry compensation norms, as well as the additional work and liability exposure consequent upon the directors due to the recent circumstances of the Company which require additional attention and involvement from the independent directors.  Provisions of the compensation package include the following for each independent director; a quarterly retainer for service on the Board, nominal fees for meeting participation, quarterly payments to non-executive Chairmen of the Executive, Audit, and Compensation committees, and quarterly payments to non-executive members of the Executive and Audit committees.  Ad ditional monthly compensation was also approved to the Chairman and non-executive members of the Special Committee recently established by the Company for service during the existence of the Special Committee

 

 

 

SIGNATURES

 

            Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed by the undersigned, thereunto duly authorized.

 

 

       M-WAVE, INC.

 

        (Registrant)

 

 

 

 

 

 

 

By    /s/ Jeff Figlewicz

 

          Jeff Figlewicz

 

Corporate Secretary

Dated: March 31, 2006

 

 

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