UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 14, 2005
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Aceto Corporation
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(Exact name of registrant as specified in its charter)
New York
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(State or Other Jurisdiction of Incorporation)
000-4217 11-1720520
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(Commission File Number) (IRS Employer Identification Number)
One Hollow Lane, Suite 201, Lake Success, New York 11042
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(Address of Principal Executive Offices)
(516) 627-6000
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(Registrant's Telephone Number, Including Area Code)
N/A
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(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 (see General Instruction A.2. below):
[ ] 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 240.14-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13-e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On March 14, 2005, the Board of Directors of Aceto Corporation (the "Company")
adopted the Aceto Corporation Supplemental Executive Deferred Compensation Plan
(the "Plan"). The Plan is a non-qualified deferred compensation plan intended to
provide certain qualified executives with supplemental benefits beyond the
Company's 401(K) Plan, as well as to permit additional deferrals of a portion of
their compensation. The Plan is intended to comply with the provisions of
Section 409A of the Internal Revenue Code of 1986, as amended, and is designed
to provide comparable benefits to the Company's former Supplemental Executive
Retirement Plan that was frozen as of December 31, 2004.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(c ) Exhibits
Exhibit No. Description
10.1 Aceto Corporation Supplemental Executive Deferred Compensation
Plan.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ACETO CORPORATION
(Registrant)
Dated: March 17, 2005 By: /s/ Douglas Roth
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Douglas Roth
Chief Financial Officer