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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): MARCH 8, 2006
STANDARD MOTOR PRODUCTS, INC.
(Exact Name of Registrant as Specified in its Charter)
NEW YORK 1-4743 11-1362020
(State or Other (Commission (I.R.S. Employee
Jurisdiction of Incorporation) File Number) Identification Number)
37-18 NORTHERN BOULEVARD, LONG ISLAND CITY, NEW YORK 11101
(Address of Principal Executive Offices, including Zip Code)
Registrant's Telephone Number, including Area Code: 718-392-0200
NOT APPLICABLE
(Former Name or Former Address, if Changed Since Last Report)
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ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On March 8, 2006, the Board of Directors of Standard Motor Products, Inc. (the
"Company") revised its director compensation arrangement to include an annual
retainer payment to the Company's Presiding Independent Director. As amended,
the Presiding Independent Director will be paid an annual retainer of $20,000.
The initial Presiding Independent Director of the Company is William Turner, who
was appointed to such position at a Board meeting on January 24, 2006 and shall
serve for a term of three years. Mr. Turner also serves as the Chairman of the
Company's Audit Committee.
SIGNATURE
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.
STANDARD MOTOR PRODUCTS, INC.
By: /s/ James J. Burke
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James J. Burke
Vice President Finance, Chief Financial Officer
Date: March 8, 2006