Michigan
|
0-20206
|
38-2381442
|
(State
or Other
Jurisdiction
|
(Commission
|
(IRS
Employer
|
of
Incorporation)
|
File
Number)
|
Identification
No.)
|
47827
Halyard Drive, Plymouth,
MI
|
48170-2461
|
(Address
of Principal Executive
Offices)
|
(Zip
Code)
|
[
]
|
Written
communication 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
communication pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
|
[
]
|
Pre-commencement
communication pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c))
|
Item 1.01. |
ENTRY
INTO A MATERIAL DEFINITIVE
AGREEMENT
|
1.
|
Continuation
without change of Annual Cash Retainer of $20,000, payable in quarterly
installments of $5,000.
|
2.
|
Annual
Committee Retainer of $3,000 for service on each committee, payable
in
quarterly installments of $750.
|
3.
|
Annual
Committee Chair Retainer (other than Audit Committee) of $5,000,
payable
in quarterly installments of $1,250, to be paid in lieu of Annual
Committee Retainer.
|
4.
|
Annual
Audit Committee Retainer of $8,000, payable in quarterly installments
of
$2,000, to be paid in lieu of Annual Committee
Retainer.
|
5.
|
Annual
Lead Director Retainer of $5,000, payable in quarterly installments
of
$1,250, to be paid in addition to any other
retainer.
|
6.
|
Directors
are also reimbursed out-of-pocket expenses incurred in attending
meetings
of the Board of Directors or any committee on which a director is
a
member.
|
1.
|
Continuation
without change of Board of Directors Per Meeting Fee of $1,250, for
each
meeting of the Board of Directors.
|
2.
|
No
Committee Per Meeting Fees.
|
Item 9.01. |
FINANCIAL
STATEMENTS AND EXHIBITS
|
C. |
Exhibits.
|
Exhibit
No.
|
Description |
10.1
|
Form of Non-Qualified Stock Option Agreement Terms - Board of Directors under the Perceptron, Inc. 2004 Stock |
Incentive Plan |
PERCEPTRON, INC. | |
(Registrant) | |
Date: August 10, 2006 | /s/ David W. Geiss |
By: David Geiss | |
Title: Vice President, General | |
Counsel and Secretary |
Exhibit | |
Number | Description |
10.1 | Form of Non-Qualified Stock Option Agreement Terms - Board of Directors under the Perceptron, Inc. 2004 Stock |
Incentive Plan |