CLZR » Topics » Item 1.01. Entry into a Material Definitive Agreement

This excerpt taken from the CLZR 8-K filed Nov 30, 2007.

Item 1.01.  Entry into a Material Definitive Agreement

 

The information set forth under Item 5.02 below is incorporated herein by reference.

 

This excerpt taken from the CLZR 8-K filed Nov 3, 2006.

ITEM 1.01.  ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

EXECUTIVE OFFICER COMPENSATION

On November 3, 2006, the Candela Corporation announced a base salary increase for Senior Vice President of Operations, William McGrail. Mr. McGrail will receive an annual base salary of $229,536.

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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.

 

CANDELA CORPORATION

 

 

 

 

 

By:

 

/s/ F. Paul Broyer

 

 

 

 

F. Paul Broyer

 

 

 

 

Senior Vice President, Finance &

 

 

 

 

Administration, and Chief Financial Officer

 

 

 

 

(principal financial and accounting officer)

 

 

 

 

 

Date: November 3, 2006

 

 

 

 

 

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This excerpt taken from the CLZR 8-K filed Jun 2, 2005.

Item 1.01.  Entry into a Material Definitive Agreement.

 

On May 26, 2005, the Board of Directors of the registrant approved an amendment to the registrant’s 1990 Employee Stock Purchase Plan (the “ESPP”).

 

The amendment provides that the registrant’s eligible employees may generally purchase the registrant’s common stock, $.01 par value per share (the “Common Stock”), pursuant to the ESPP at a purchase price equal to 85% of the average market price of the Common Stock on the last business day of the applicable six-month payment period.  Prior to the amendment, the applicable purchase price was equal to the lesser of (i) 85% of the average market price of the Common Stock on the first business day of the applicable six-month payment period or (ii) 85% of the average market price of the Common Stock on the last business day of the applicable six-month payment period.

 

The amendment was effective as of May 26, 2005 and applies to all six-month payment periods beginning on or after July 1, 2005.

 

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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.

 

 

CANDELA CORPORATION

 

 

 

 

 

 

 

By:

/s/ F. Paul Broyer

 

 

F. Paul Broyer

 

 

Senior Vice President, Finance &
Administration, and Chief Financial Officer
(principal financial and accounting officer)

 

Date:  June 2, 2005

 

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This excerpt taken from the CLZR 8-K filed Feb 3, 2005.

Item 1.01.  Entry into a Material Definitive Agreement.

 

On January 28, 2005, the registrant entered into a Distributor Agreement (the “Distributor Agreement”) with Danish Dermatologic Development A/S, a corporation organized and existing under the laws of Denmark (“DDD”).  The registrant and its affiliates have no material relationship with DDD, other than in respect of the Distributor Agreement.

 

Pursuant to the Distributor Agreement, the registrant is the exclusive distributor of DDD’s Ellipse Intense Pulsed Light System (the “Ellipse I2PL System”) in the United States.  The Ellipse I2PL System is pending clearance from the U.S. Food and Drug Administration for skin rejuvenation of vascular and pigmented abnormalities.  The Distributor Agreement was effective as of January 28, 2005 and will continue in effect until January 31, 2008, unless otherwise terminated as provided therein.

 

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