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
Date of Report (Date of earliest event reported): May 9, 2006
| ALTERA CORPORATION |
| (Exact name of registrant as specified in its charter) |
| Delaware |
0-16617 |
77-0016691 | ||
| (State or Other Jurisdiction | (Commission | (IRS Employer | ||
| of Incorporation) | File Number) | Identification No.) |
| 101 Innovation Drive, San Jose, California |
95134 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (408) 544-7000
| Not Applicable |
| (Former name or former address, if changed since last report.) |
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:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01. Entry into a Material Definitive Agreement.
On May 8, 2006, Altera Corporation (the “Company”) announced that its board of directors had established a special committee comprised of independent directors to conduct an internal review of the Company’s historical stock option practices and related accounting treatment. On May 9, 2006, the Company’s board of directors approved the compensation payable to the members of the special committee. The Chair of the special committee will receive a retainer of $10,000. Each non-Chair member of the special committee will receive a retainer of $5,000.
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.
| ALTERA CORPORATION | ||
| /s/ Katherine E. Schuelke | ||
| Katherine E. Schuelke Vice President, General Counsel, and Secretary | ||
| Date: June 30, 2006 |