- Current report filing (8-K)
October 15 2009 - 4:07PM
Edgar (US Regulatory)
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
October 14,
2009
Date of Report
(Date of earliest event reported)
SANMINA-SCI
CORPORATION
(Exact name of
registrant as specified in its charter)
Delaware
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000-21272
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77-0228183
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(State or other
jurisdiction of
incorporation)
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(Commission File
Number)
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(I.R.S. Employer
Identification
No.)
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2700
North First Street
San
Jose, California 95134
(Address of
principal executive offices)
(408)
964-3500
(Registrants
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 (see
General Instruction A.2. below):
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
o
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 October 14, 2009,
the Board of Directors of Sanmina-SCI Corporation (the Company) appointed
Jean Manas, 44, to serve as a member of the Board of Directors of the Company.
Mr. Manas has been serving as Chief Executive
Officer of Foros Group LLC, a financial services firm which he founded, since June 2009.
From February 2006 until June 2009, Mr. Manas served in various
executive positions at Deutsche Bank, most recently as Americas Head of Mergers &
Acquisitions and member of the Global Banking Executive Committee. From May 1998
through January 2006, Mr. Manas served in various senior roles at
Goldman Sachs & Co., most recently as Managing Director and Co-Head of
Mergers & Acquisitions in the Technology, Media and Telecommunications
Investment Banking Group.
Mr. Manas shall be
eligible to receive the standard compensation package for non-employee
directors of the Company. In particular, Mr. Manas will receive an annual
Board retainer of $60,000, provided that such amount may be increased by
one-third in the aggregate if Mr. Manas elects to receive his entire
retainer in the form of restricted stock awards. Mr. Manas will also
receive payments for attending meetings of the Board of Directors of $2,000, if
attending in person, and $1,000, if attending telephonically. Such per meeting
fees may be eligible for deferral in accordance with the terms of the
Sanmina-SCI Deferred Compensation Plan for Outside Directors.
In addition, Mr. Manas
shall be granted a stock option to purchase 10,000 shares of common stock and
restricted stock units for 20,000 shares of common stock under our 2009
Incentive Plan. Such options and restricted stock units shall vest at the rate
of 1/12 of such shares monthly from the date of grant.
The Company issued a
press release regarding Mr. Manas appointment, which is attached hereto
as Exhibit 99.1.
2
Item
9.01
Financial Statements and Exhibits
(d) Exhibits.
The following exhibits
are filed herewith:
Exhibit No.
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Description
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99.1
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Press Release issued by
Sanmina-SCI Corporation on October 15, 2009.
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3
SIGNATURE
Pursuant to the
requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this Report on Form 8-K to be signed on its behalf by the
undersigned hereunto duly authorized.
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SANMINA-SCI CORPORATION
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By:
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/s/
Michael R. Tyler
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Michael R. Tyler
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Executive Vice
President, General Counsel and Corporate Secretary
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Date:
October 15, 2009
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4
EXHIBIT
INDEX
Exhibit No.
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Description
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99.1
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Press Release issued by
Sanmina-SCI Corporation on October 15, 2009.
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5
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