-----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, RUQdFv5irn/6xlw3VaDyMUG2c4vthK/t3UwrXVKrD9BF8HoCouNXfShcUTCYnyi9 Bjw2Aw3gv0XaiYpyo7sGhg== 0000950134-06-002195.txt : 20060208 0000950134-06-002195.hdr.sgml : 20060208 20060208171833 ACCESSION NUMBER: 0000950134-06-002195 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060202 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20060208 DATE AS OF CHANGE: 20060208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BROCADE COMMUNICATIONS SYSTEMS INC CENTRAL INDEX KEY: 0001009626 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 770409517 STATE OF INCORPORATION: DE FISCAL YEAR END: 1028 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25601 FILM NUMBER: 06589954 BUSINESS ADDRESS: STREET 1: 1745 TECHNOLOGY DRIVE CITY: SAN JOSE STATE: CA ZIP: 95110 MAIL ADDRESS: STREET 1: 1745 TECHNOLOGY DRIVE CITY: SAN JOSE STATE: CA ZIP: 95110 8-K 1 f17157e8vk.htm FORM 8-K e8vk
 

 
 
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): February 8, 2006 (February 2, 2006)
BROCADE COMMUNICATIONS SYSTEMS, INC.
(Exact name of Registrant as specified in its charter)
 
         
Delaware
(State or other jurisdiction of
incorporation or organization) 		  000-25601
(Commission File Number) 		  77-0409517
(I.R.S. Employer
Identification Number)
1745 Technology Drive
San Jose, CA 95110
 
(Address, including zip code, of principal executive offices)
(408) 333-8000
 
(Registrant’s telephone number, including area code)
 
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))
 
 

 

 

Item 1.01. Entry into a Material Definitive Agreement
In addition to the Company’s standard compensation for board members, on February 2, 2006, the Nominating and Corporate Governance Committee (the “Committee”) of the Board of Directors of Brocade Communications Systems, Inc. (the “Company”) approved a one-time payment of One Hundred Thousand Dollars ($100,000) to David House, Chairman of the Board of Directors, in recognition of his special assistance and service to the Board and its various committees during 2005.
In addition, the Committee approved payment, beginning in fiscal year 2006, of an annual fee of $30,000 as compensation for the Board member designated by the Board to serve as its independent Chairman. Mr. House currently serves as independent Chairman of the Company’s Board of Directors. Other than as set forth above, Mr. House did not receive any other compensation from the Company.
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On February 2, 2006, Christopher Paisley and Seth Neiman, each a member of the Company’s Board of Directors, notified the Company that they would not be standing for re-election to the Board at the Company’s 2006 Annual Meeting of Stockholders. Mr. Paisley is the current Chairman of the Company’s Audit Committee. Mr. Neiman does not serve on any committees of the Board of Directors. The Company currently anticipates that Messrs. Paisley and Neiman will continue to serve on the Board of Directors and the committees of which they are members through the date of the 2006 Annual Meeting.

 

 

     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.
         
  BROCADE COMMUNICATIONS SYSTEMS, INC.
 		  
Dated: February 8, 2006  By:   /s/ Richard Deranleau  
    Richard Deranleau   
    VP, Interim Chief Financial Officer and
Treasurer 		  
 

 

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