8-KThe WireStrategic
Material Agreement
Filed Dec 13, 2024 · 1y ago · Accession 0000950142-24-002940
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗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
December 9, 2024
0-7928
Date of Report
Commission File Number
(Date of earliest event reported)
(Exact name of registrant as specified in its charter)
Delaware
11-2139466
(State or other jurisdiction of
(I.R.S. Employer Identification Number)
incorporation or organization)
305 N 54th Street
Chandler ,
Arizona 85226
(Address of Principal Executive Offices) (Zip Code)
( 480 )
333-2200
(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:
☐ 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))
Securities registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of exchange
on
which registered
Common Stock, par value $0.10 per share
CMTL
Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an
emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark
if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. ☐
COMTECH
TELECOMMUNICATIONS CORP /DE/
Item 1.01. Entry into a Material Definitive Agreement.
On December 9, 2024, the Board of Directors of
Comtech Telecommunications Corp. (the “Company”) approved a new form of indemnification agreement (the “Indemnification
Agreement”). The Company is entering into an Indemnification Agreement with each of its current directors and certain officers,
and expects to use such form with future directors and officers (each, an “Indemnitee”). Under the terms of the Indemnification
Agreement, the Company is required to indemnify each Indemnitee against expenses, judgments, fines and amounts paid in settlement of specified
proceedings to the fullest extent permitted by the laws of the state of Delaware, if the basis of the Indemnitee’s involvement was
by reason of the fact that the Indemnitee is or was a director or officer or a director or officer of any of the Company’s subsidiaries
or was serving at the Company’s request in an official capacity for another entity. The Indemnification Agreement provides for the
advancement of expenses and also sets forth certain procedures, as well as qualifications and limitations, that will apply in the event
of a claim for indemnification thereunder. Each Indemnification Agreement with an Indemnitee will supersede and replace the previously
adopted form of indemnification agreement which was filed as Exhibit 10.1 to the Company’s Form 8-K filed on March 8, 2007.
The foregoing summary of the provisions of the
Indemnification Agreement is not intended to be complete and is qualified in its entirety by the full and complete text of the Indemnification
Agreement which is filed as Exhibit 10.1 to this Form 8-K and incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
Description
10.1
Form of Indemnification Agreement.
104
Cover Page Interactive Data File (formatted as Inline XBRL)
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 thereunto duly authorized.
Date: December 13, 2024
COMTECH TELECOMMUNICATIONS CORP.
By:
/s/ Michael A. Bondi
Name:
Michael A. Bondi
Title:
Chief Financial Officer
Filing details
- Ticker
- CMTL
- CIK
- 23197
- Form type
- 8-K
- Filing date
- Dec 13, 2024
- Report date
- Dec 9, 2024
- Document
- eh240567870_8k.htm
- Size
- 332 KB