UNITED STATES |
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FORM 8-K/A |
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CURRENT REPORT
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Delaware |
01-19826 |
52-1604305 |
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160 South Industrial Blvd., Calhoun, Georgia |
30701 |
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(Address of Principal Executive Offices) |
(Zip Code) |
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Registrant's telephone number, including area code (706) 629-7721
__________________________________________________________________________________ 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 communication
pursuant to Rule 425 under Securities Act (17 CFR 230.425)
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On November 15, 2005, Mohawk Industries, Inc. (the "Company") entered into an employment agreement with W. Christopher ("Chris") Wellborn as described in Item 5.02 below.
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
Under the terms of the employment agreement, Mr. Wellborn will receive an initial salary of $700,000 per year, together with customary benefits, and be eligible to earn a bonus of up to 100% of his salary based on the achievement of goals established under the Company's bonus plan. In addition, Mr. Wellborn will be granted 50,000 of the Company's stock options. The employment agreement expires December 31, 2008.
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.
Mohawk Industries, Inc. |
Date: November 18, 2005 By: /s/ MICHEL S. VERMETTE |
Michel S. Vermette |
V.P. & Corporate Controller |