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ZIGO > SEC Filings for ZIGO > Form 8-K on 13-Feb-2009All Recent SEC Filings

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Form 8-K for ZYGO CORP


13-Feb-2009

Change in Directors or Principal Officers


ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

On February 13, 2009, management of Zygo Corporation ("ZYGO") implemented a temporary salary reduction program for the quarter ending June 30, 2009 for all of ZYGO's executive officers, which includes salary reductions of 10% and two weeks of unpaid furlough. These combined actions effectively result in a pay reduction of approximately 24% for all of ZYGO's executive officers.


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