Item 1.01 Entry into a Definitive Material Agreement.

On May 31, 2012, CVD Equipment Corporation (the "Company") entered into a Contract of Sale (the "Agreement") to sell its corporate facility located at 1860 Smithtown Avenue, Ronkonkoma, New York (the "Premises") to Glomel LLC ("Glomel").

The sales price for the Premises is $3,875,000, exclusive of closing costs (the "Sales Price"). Upon execution of the Agreement, Glomel deposited the sum of $193,750 into escrow as an initial down payment against the Sales Price, with the remaining balance of $3,681,250 to be paid at the closing. The sale of the Premises and the consummation of the transactions contemplated by the Agreement are contingent upon, among other things, Glomel obtaining a commitment from an Institutional Lender (as defined in the Agreement) to make a first mortgage loan to Glomel, secured by the Premises, of $2,900,000 on such terms and conditions as are specified in the Agreement.

The anticipated closing date of the sale of the Premises and the transactions contemplated by the Agreement is on or about July 20, 2012, subject to extension by the Company to a date no later than October 15, 2012 upon certain terms and conditions. The closing is subject to the satisfaction by the parties of customary closing conditions as described in the Agreement.

The foregoing is subject to, and qualified in its entirely by the terms of the Agreement.

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