8-K 1 htm_36041.htm LIVE FILING SMART Modular Technologies (WWH), Inc. (Form: 8-K)  

 


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):   January 29, 2010

SMART Modular Technologies (WWH), Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Cayman Islands 000-51771 20-2509518
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
39870 Eureka Drive, Newark, California   94560
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   510-623-1231

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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 27, 2010, the Compensation Committee of the Board of Directors (the "Board") of SMART Modular Technologies (WWH), Inc. (the "Company") approved the return of annual base salaries for all U.S. employees, including the Company’s named executive officers other than the President and Chief Executive Officer, to their pre-reduction levels.

On January 29, 2010, upon the recommendation of the Compensation Committee, the Board approved the return of the President and Chief Executive Officer’s annual base salary and the independent directors’ annual fees to their respective levels prior to the 20% reductions that started in April 2009.

These changes were made effective as of January 3, 2010 for employees and as of the beginning of the second quarter of fiscal 2010 for directors.






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.

         
    SMART Modular Technologies (WWH), Inc.
          
January 29, 2010   By:   /s/ Ann T. Nguyen
       
        Name: Ann T. Nguyen
        Title: General Counsel & Corporate Secretary