-----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, BqkwQwJ2ida0S3KLfhbpBNPsrlbKEiY0w+v0tQ4lUBm/57NhSzSZ1CoDTbkvPDfn ILwThw2S4LeKJ+KwOq9gyA== 0000936392-06-000935.txt : 20061012 0000936392-06-000935.hdr.sgml : 20061012 20061012163047 ACCESSION NUMBER: 0000936392-06-000935 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20061005 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20061012 DATE AS OF CHANGE: 20061012 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DOT HILL SYSTEMS CORP CENTRAL INDEX KEY: 0001042783 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER STORAGE DEVICES [3572] IRS NUMBER: 133460176 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13317 FILM NUMBER: 061142341 BUSINESS ADDRESS: STREET 1: 6305 EL CAMINO REAL CITY: CARLSBAD STATE: CA ZIP: 92009 BUSINESS PHONE: 2129894455 MAIL ADDRESS: STREET 1: 6305 EL CAMINO REAL CITY: CARLSBAD STATE: CA ZIP: 92009 FORMER COMPANY: FORMER CONFORMED NAME: BOX HILL SYSTEMS CORP DATE OF NAME CHANGE: 19970722 8-K 1 a24203e8vk.htm FORM 8-K Dot Hill Systems Corp.
 

 
 
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): October 5, 2006
 
Dot Hill Systems Corp.
(Exact name of registrant as specified in its charter)
         
Delaware
(State or other jurisdiction of
incorporation) 		  1-13317
(Commission File Number) 		  13-3460176
(I.R.S. Employer
Identification No.)
     
2200 Faraday Avenue, Suite 100, Carlsbad, CA
(Address of principal executive offices) 		  92008
(Zip Code)
Registrant’s telephone number, including area code: (760) 931-5500
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))
 
 

 

 

Item 1.01 Entry into a Material Definitive Agreement.
On October 5, 2006, we entered into an Amended Settlement and License Agreement with Crossroads Systems, Inc. that supersedes the Settlement and License Agreement we entered into with Crossroads on June 28, 2006. The amended agreement clarifies that payments made by Dot Hill under the amended agreement shall not be reduced due to taxes, duties, fees or any other tax-related obligations owed by Dot Hill or any other entity anywhere in the world. The amended agreement also provides that Dot Hill will pay an additional $1.43 million to Crossroads to account for $1.43 million that was deducted, due to certain tax withholding requirements, from the lump sum payment of $10.50 million to be paid to Crossroads under the original agreement. The additional $1.43 million payment to Crossroads was included in the $10.5 million legal settlement obligation recognized by Dot Hill as of June 30, 2006. Crossroads also agreed to dismiss, with prejudice, the breach of contract lawsuit it filed against Dot Hill on or about July 24, 2006 relating to the original agreement. The remaining terms of the original agreement are unchanged.

 

 

SIGNATURE
     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.
         
  DOT HILL SYSTEMS CORP.
 		  
  By:   /s/ Hanif I. Jamal    
    Hanif I. Jamal   
    Senior Vice President, Chief Financial Officer and Secretary   
 
Date: October 12, 2006

 

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