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Prepared By R.R. Donnelley Financial -- 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):  04/13/2005
 
EnerSys
(Exact Name of Registrant as Specified in its Charter)
 
Commission File Number:  1-32253
 
Delaware
  
23-3058564
(State or Other Jurisdiction of
  
(I.R.S. Employer
Incorporation or Organization)
  
Identification No.)
 
2366 Bernville Road, Reading, Pennsylvania 19605
(Address of Principal Executive Offices, Including Zip Code)
 
(610) 208-1991
(Registrant’s Telephone Number, Including Area Code)
 
N/A
(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(17CFR240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b))

[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c))
 

Items to be Included in this Report

 
Item 1.01.    Entry into a Material Definitive Agreement
 
On April 13, 2005, the Compensation Committee of EnerSys (the "Company") granted increases in annual base salaries, effective as of April 1, 2005, to the following executive officers of the Company: John D. Craig,, Chairman, President and Chief Executive Officer; Michael T. Philion, Executive Vice President - Finance and Chief Financial Officer; Richard W. Zuidema, Executive Vice President - Administration; John A. Shea, Executive Vice President - Motive Power Americas; and Raymond R. Kubis, President - Europe. The increases and resulting base salaries (Increase : Resulting Base Salary) for fiscal year 2006 are as follows:                                                            
                                          
John D. Craig ($20,000 : $745,000)
                                
Michael T. Philion ($9,000 : $344,000)
   
Richard W. Zuidema ($9,000 : $345,000)

John A. Shea ($24,000 : $335,000)

Raymond R. Kubis (8,400 EUR : 306,000 EUR)

 
 
Item 9.01.    Financial Statements and Exhibits
 
The letter agreements are attached hereto as Exhibits 10.1 through 10.5, and incorporated herein by reference.
 

 

Signature(s)
 
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.
 
      
 
EnerSys
 
 
Date: April 14, 2005.
     
By:
 
/s/    John D. Craig
               
John D. Craig
               
Chairman, President & Chief Executive Officer
 
 

 

Exhibit Index
 
Exhibit No.
  
Description
EX-10.1
  
Letter dated April 13, 2005, amending the Employment Agreement between Yuasa, Inc. and John D. Craig.
EX-10.2
  
Letter dated April 13, 2005, amending the Employment Agreement between Yuasa, Inc. and Michael T. Philion.
EX-10.3
  
Letter dated April 13, 2005, amending the Employment Agreement between Yuasa, Inc. and Richard W. Zuidema.
EX-10.4
  
Letter dated April 13, 2005, amending the Employment Agreement between Yuasa, Inc. and John A. Shea.
EX-10.5
  
Letter dated April 13, 2005, amending the Managing Directorship Agreement between Hawker Belgium S.A. and Raymond R. Kubis.
Exhibit 10.2

[ENERSYS LETTERHEAD]

 

 

JOHN D. CRAIG
Chairman, President & CEO

 

 

April 13, 2005

 

Mr. Michael T. Philion
529 Briarwood Drive
Elverson PA 19607

Dear Mike:

With reference to your employment agreement (the "Employment Agreement") with EnerSys Delaware Inc., f/k/a Yuasa, Inc., (the "Company"), dated November 9, 2000, pursuant to which you are currently employed as Executive Vice President Finance and Chief Financial Officer of the Company, we confirm that your salary as set forth in Section 3 of the Employment Agreement is increased to $344,000.00, effective as of April 1, 2005.

Except as expressly set forth in the letter, the Employment Agreement shall remain in full force and effect.

ENERSYS DELAWARE INC.

By:

/s/ John D. Craig

 

John D. Craig
Chairman, President & Chief Executive Officer

Exhibit 10.3

[ENERSYS LETTERHEAD]

 

 

JOHN D. CRAIG
Chairman, President & CEO

 

 

April 13, 2005

 

Mr. Richard W. Zuidema
1932 Wickford Place
Wyomissing PA 19610

Dear Richard:

With reference to your employment agreement (the "Employment Agreement") with EnerSys Delaware Inc., f/k/a Yuasa, Inc., (the "Company"), dated November 9, 2000, pursuant to which you are currently employed as Executive Vice President Administration of the Company, we confirm that your salary as set forth in Section 3 of the Employment Agreement is increased to $345,000.00, effective as of April 1, 2005.

Except as expressly set forth in the letter, the Employment Agreement shall remain in full force and effect.

ENERSYS DELAWARE INC.

By:

/s/ John D. Craig

 

John D. Craig
Chairman, President & Chief Executive Officer

Exhibit 10.4

[ENERSYS LETTERHEAD]

 

 

JOHN D. CRAIG
Chairman, President & CEO

 

 

April 13, 2005


Mr. John A. Shea
1016 Hilltop Road
Leesport PA 19533

Dear John:

With reference to your employment agreement (the "Employment Agreement") with EnerSys Delaware Inc., f/k/a Yuasa, Inc., (the "Company"), dated November 9, 2000, pursuant to which you are currently employed as Executive Vice President Americas of the Company, we confirm that your salary as set forth in Section 3 of the Employment Agreement is increased to $335,000.00, effective as of April 1, 2005.

Except as expressly set forth in the letter, the Employment Agreement shall remain in full force and effect.

ENERSYS DELAWARE INC.

By:

/s/ John D. Craig

 

John D. Craig
Chairman, President & Chief Executive Officer

Exhibit 10.5

[HAWKER LOGO / ENERSYS S.A. LETTERHEAD]

 

 

 

April 13, 2005

 

Mr. Raymond R. Kubis
2135 Lincoln Lake
Coal City IL 60416

Dear Ray:

With reference to the Managing Directorship Agreement dated January 8, 2002, (as amended the "Directorship Agreement"), between you and EnerSys S.A. (formerly known as Hawker Belgium S.A., and referred to herein as the "Company"), pursuant to which you are currently serving as Managing Director of the Company, we confirm that effective as of April 1, 2005 your annual fixed gross emolument provided for in Subsection 2.1 of the Directorship Agreement has been increased to 306,000 EUR (payable in twelve monthly installments of 25,500 EUR each). Subsection 2.1 of the Directorship Agreement is hereby amended to reflect such increase.

Except as expressly set forth herein, the Directorship Agreement shall remain in full force and effect.

EnerSys S.A.

By:

/s/ Nadine de Smet

Nadine de Smet
Managing Director

 

Agreed to and accepted:

/s/ Raymond R. Kubis

Raymond R. Kubis


Exhibit 10.1

[ENERSYS LETTERHEAD]

 

 

HOWARD I. HOFFEN
Chairman -- Compensation Committee

 

 

April 13, 2005

 

Mr. John D. Craig
6 Rick Road
Shillington PA 19607

Dear John:

With reference to your employment agreement (the "Employment Agreement") with EnerSys Delaware Inc., f/k/a Yuasa, Inc., (the "Company"), dated November 9, 2000, and related documents pursuant to which you are currently employed as Chairman, President & Chief Executive Officer of EnerSys and the Company, we confirm that your salary as set forth in Section 3 of the Employment Agreement is increased to $745,000.00, effective as of April 1, 2005.

Except as expressly set forth in the letter, the Employment Agreement shall remain in full force and effect.

ENERSYS


By:

/s/ Howard I. Hoffen

 

Howard I. Hoffen
Chairman -- Compensation Committee