Prepared By R.R. Donnelley Financial -- Form 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): 07/09/2008

Servotronics, Inc.

(Exact name of registrant as specified in its charter)

Commission File Number: 001-07109

Delaware		16-0837866
(State or other jurisdiction of		(IRS Employer
incorporation)		Identification No.)

1110 Maple Street

Elma, New York 14059

(Address of principal executive offices, including zip code)

(716) 655-5990

(Registrant’s telephone number, including area code)

(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:

[  ]   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 July 9, 2008, Servotronics, Inc. (the "Company"), acting under the authority of the Company's Board of Directors, executed amendments to the employment agreements with each of Dr. Nicholas D. Trbovich, its Chairman, President and Chief Executive Officer, and Nicholas D. Trbovich, Jr., its Chief Operating Officer, Executive Vice President and a Director. The amendments, which became effective as of May 1, 2008, set the annual base salary for Dr. Trbovich and Mr. Trbovich, Jr. at $462,550 and $275,000 respectively, or such greater amount as the Company's Board of Directors may determine. The amendment for Nicholas D. Trbovich, Jr.'s employment agreement also extended the term of his employment agreement for an additional year until July 1, 2013.

On July 3, 2008, the Board of Directors approved an annual salary for Cari L. Jaroslawsky, Chief Financial Officer of the Company, equal to $148,500 effective as of May 1, 2008.

The foregoing summary description of the amendments to the employment agreements d oes not purport to be complete and is qualified in its entirety by reference to the employment agreements, as amended. Copies of the amendments to the employment agreements are filed as exhibit 10(A)(2) and 10(A)(5) and are incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

The following are filed as exhibits to this Current Report on Form 8-K:

10(A)(2) Amendment to employment contract for Dr. Nicholas D. Trbovich, Chairman, President and Chief Executive Officer

10(A)(5) Amendment to employment contract for Nicholas D. Trbovich, Jr., Chief Operating Officer and Executive Vice President

Signature(s)

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.

		Servotronics, Inc.


Date: July 10, 2008	By:	/s/ Cari L. Jaroslawsky
		Cari L. Jaroslawsky
		Chief Financial Officer

Exhibit Index

Exhibit No.		Description
EX-10.(A)(2)		Amendment to employment contract for Dr. Nicholas D. Trbovich, Chairman, President and Chief Executive Officer
EX-10.(A)(5)		Amendment to employment contract for Nicholas D. Trbovich, Jr., Chief Operating Officer and Executive Vice President

EX-10.(A)(2) 2 rrd213053_25012.htm AMENDMENT TO EMPLOYMENT CONTRACT FOR DR. NICHOLAS D. TRBOVICH, CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER As of May 1, 1996 Exhibit 10(A)(2)

[Servotronics, Inc. Letterhead]

July 9, 2008

Dr. Nicholas D. Trbovich (Nicholas D. Trbovich, Sr.)
28 Tanglewood Drive, West
Orchard Park, NY 14127

Dear Dr. Nicholas D. Trbovich (Nicholas D. Trbovich, Sr.):

You and Servotronics, Inc. (the "Company") are parties to an Employment Agreement, dated July 1, 2005 and ratified on June 30, 2006 pursuant to which you are employed by the Company. This letter confirms such Amended Employment Agreement and subsequent ratification and subsequent Amendments dated August 4, 2006 and July 6, 2007 (the "Amended Agreement").

This letter will also confirm your agreement and that of the Company (pursuant to a resolution of the Board of Directors passed at a meeting held on July 3, 2008) to amend Paragraph 3 of the Amended Agreement to delete "$420,500" and insert in its place "$462,550" (to be effective May 1, 2008) subject to your acceptance which will be indicated by your signature below.

If the foregoing meets with your approval and you are willing to become bound hereby, please sign and return to the undersigned the enclosed copy of this letter.

Very truly yours,

SERVOTRONICS, INC.

/s/ Michael D. Trbovich

Michael D. Trbovich,
Corporate Secretary

ACCEPTED AND AGREED

/s/ Nicholas D. Trbovich, Sr.

Dr. Nicholas D. Trbovich
(Nicholas D. Trbovich, Sr.)

7/9/08
Date
EX-10.(A)(5) 3 rrd213053_25013.htm AMENDMENT TO EMPLOYMENT CONTRACT FOR NICHOLAS D. TRBOVICH, JR., CHIEF OPERATING OFFICER AND EXECUTIVE VICE PRESIDENT July 11, 1996 Exhibit 10(A)(5)

[Servotronics, Inc. Letterhead]

July 9, 2008

Nicholas D. Trbovich, Jr.
28 Tanglewood Drive, West
Orchard Park, NY 14127

Dear Mr. Nicholas D. Trbovich, Jr.:

You and Servotronics, Inc. (the "Company") are parties to an Amended Employment Agreement, dated July 1, 2005 and ratified on June 30, 2006 pursuant to which you are employed by the Company. This letter confirms such Amended Employment Agreement and subsequent ratification and subsequent Amendments dated August 4, 2006 and July 6, 2007 (the "Amended Agreement").

This letter will also confirm your agreement and that of the Company (pursuant to a resolution of the Board of Directors passed at a meeting held on July 3, 2008) to (i) amend Paragraph 1 of the Amended Agreement to delete "July 1, 2012" and insert in its place "July 1, 2013" and (ii) amend Paragraph 3 of the Amended Agreement to delete "$250,000" and insert in its place "$275,000" (to be effective May 1, 2008) subject to your acceptance which will be indicated by your signature below.

If the foregoing meets with your approval and you are willing to become bound hereby, will you please sign and return to the undersigned the enclosed copy of this letter.

Very truly yours,

SERVOTRONICS, INC.

/s/ Michael D. Trbovich

Michael D. Trbovich,
Corporate Secretary.

ACCEPTED AND AGREED

/s/ Nicholas D. Trbovich, Jr.
Nicholas D. Trbovich, Jr.

July 9, 2008
Date
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