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): | March 31, 2006 |
ADC Telecommunications, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
Minnesota | 0-1424 | 41-0743912 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
13625 Technology Drive, Eden Prairie, Minnesota | 55344 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | 952.938.8080 |
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:
[ ] 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.
Michael K. Pratt, formerly Vice President and President of our Active Infrastructure Business Unit, left the company on March 15, 2006. In connection with his departure, we entered into a Separation Agreement with Mr. Pratt ("Separation Agreement") which became fully effective on March 31, 2006, following the expiration of the recission period granted in the Separation Agreement. Under the Separation Agreement, Mr. Pratt will receive payments totaling $350,000 in addition to the continuation of certain benefits for April and May 2006.
The description of the Separation Agreement set forth above is qualified in its entirety by reference to the actual terms of the Separation Agreement, which is an exhibit to this Form 8-K.
SIGNATURES
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.
ADC Telecommunications, Inc. | ||||
April 3, 2006 | By: |
/s/ Gokul V. Hemmady
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Name: Gokul V. Hemmady | ||||
Title: Vice President and Chief Financial Officer |
Exhibit Index
Exhibit No. | Description | |
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99
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Confidential Separation Agreement and General Release |