UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC  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):  August 1, 2006

 CIRCUIT RESEARCH LABS, INC.

(Exact name of registrant as specified in its chapter)

Arizona	0-11353	86-0344671
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

7970 S. Kyrene Rd.

Tempe, Arizona  85284

(Address of principal executive offices)    (Zip Code)

Registrant’s telephone number, including area code:   (480) 403-8300

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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

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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 August 1, 2006, Circuit Research Labs, Inc. (the “Company”) and Stinson Bailey and Doris Bailey, his wife (the “Lessors”), entered into an office lease agreement.  The lease became effective on August 1, 2006 and has a term of 4 years.  The initial base rent under the lease is $4,000 per month.  A copy of the office lease agreement is attached as Exhibit 10.1 to this report and is incorporated by reference herein.

Item 9.01.  Financial Statements and Exhibits.

Exhibits:

(d)

10.1

Office Lease Agreement between Circuit Research Labs, Inc. and Stinson Bailey and Doris Bailey, his wife, dated August 1, 2006.

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.

	CIRCUIT RESEARCH LABS, INC.
Date:  August 25, 2006	By:	/s/ Robert McMartin
	Name:	Robert McMartin
	Title:	Executive Vice President and Chief Financial Officer

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