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) August 1, 2006

 

SOUTHWEST GAS CORPORATION

(Exact name of registrant as specified in its charter)

 

 

California

1-7850

88-0085720

(State or other jurisdiction of

(Commission

(I.R.S. Employer

incorporation or organization)

File Number)

Identification No.)

 

 

 

5241 Spring Mountain Road

 

 

Post Office Box 98510

 

 

Las Vegas, Nevada

 

89193-8510

(Address of principal executive offices)

 

(Zip Code)

 

 

Registrant's telephone number, including area code: (702) 876-7237

 

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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o 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 August 1, 2006, Southwest Gas Corporation (the "Company") amended the terms of its Employment and Change in Control Agreements with several senior officers, including its Chief Executive Officer, when the Company approved compensation increases for those officers. The forms of the agreements were previously filed as exhibits to the Form 10-Q for the period ended September 30, 2000. Key terms of the new agreements are shown below.

 

 

 

Minimum

 

 

Annual

 

 

Base Salary

 

 

 

Jeffrey W. Shaw

Chief Executive Officer

$ 550,000

James P. Kane

President

$ 368,000

George C. Biehl

Executive Vice President/

 

 

Chief Financial Officer & Corporate Secretary

$ 346,000

Thomas R. Sheets

Senior Vice President/General Counsel

$ 259,000

Dudley J. Sondeno

Senior Vice President/Chief Knowledge and

 

 

Technology Officer

$ 255,000

 

 


 

 

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.

 

 

 

SOUTHWEST GAS CORPORATION

 

 

 

 

 

 

 

 

Date: August 4, 2006

/s/ ROY R. CENTRELLA

 

Roy R. Centrella

 

Vice President/Controller and

 

Chief Accounting Officer