UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORTPURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
BALLANTYNE OF OMAHA, INC.
(Exact name of registrant as specified in its charter)
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Delaware |
1-13906 |
47-0587703 |
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(State or other jurisdiction of |
(Commission |
(IRS Employer |
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incorporation or organization) |
File No.) |
Identification Number) |
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4350 McKinley Street |
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Omaha, Nebraska |
68112 |
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(Address of principal executive offices) |
(Zip Code) |
(402) 453-4444
(Registrant’s telephone number including area code)
Not Applicable
(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 (see General Instruction A.2. below) :
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))
Form 8-K
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 27, 2007, Ballantyne of Omaha, Inc., entered into an Executive Employment Agreement with Christopher D. Stark, its Vice President of Operations. The terms of the Agreement include an annual salary of $160,000 and certain other benefits generally made available to Company executives such as participation in the Company’s profit sharing plan, medical expense insurance plan, incentive compensation plans and severance policy. The Agreement contains restrictive covenants designed to protect the Company’s confidential information and prohibits the solicitation of customers and employees. The term of the Agreement expires on November 30, 2008, but is renewable for an additional one-year term.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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BALLANTYNE OF OMAHA, INC. |
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Date: December 3, 2007 |
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By: |
/s/ Kevin Herrmann |
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Kevin Herrmann |
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Secretary/Treasurer and |
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Chief Financial Officer |
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