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LAWS > SEC Filings for LAWS > Form 8-K on 3-Aug-2009All Recent SEC Filings

Show all filings for LAWSON PRODUCTS INC/NEW/DE/ | Request a Trial to NEW EDGAR Online Pro

Form 8-K for LAWSON PRODUCTS INC/NEW/DE/


3-Aug-2009

Entry into a Material Definitive Agreement, Financial Statements and


Item 1.01 Entry into a Material Definitive Agreement.

On July 31, 2009, Lawson Products, Inc. (the "Company") entered into Amendment No. 1 to Deferred Prosecution Agreement between the Company and the United States of America ("Amendment No. 1"). Amendment No. 1 amends the Deferred Prosecution Agreement entered into between the Company and the United States of America on August 11, 2008 (the "Deferred Prosecution Agreement"). Pursuant to Amendment No. 1, the $10,000,000 payment under the Deferred Prosecution Agreement originally due to be paid on August 11, 2009 shall instead be payable in two installments, with the first installment of $5,000,000 due on or before August 15, 2009 and the second installment of $5,000,000 due on or before December 31, 2009. In all other respects, the Deferred Prosecution Agreement remains in effect in accordance with its terms.

A copy of Amendment No. 1 is attached to, and is incorporated by reference into, this Current Report on Form 8-K as Exhibit 10.1. The foregoing description of Amendment No. 1 is qualified in its entirety by reference to the full text of Amendment No. 1.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

10.1 Amendment No. 1 dated July 31 to Deferred Prosecution Agreement.


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