Epic Bancorp - Current report filing (8-K)

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 2, 2008

EPIC BANCORP
(Exact name of registrant as specified in its charter)
California		000-50878		68-0175592
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)
851 Irwin Street, San Rafael California				94901
(Address of principal executive offices)				(Zip Code)
Registrant’s telephone number, including area code [phone]
N/A
(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):

	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))

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Item 5.02 (e) Departure of Directors or Certain Executive Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 2, 2008 the Company’s Board of Directors, acting upon a recommendation from the Compensation Committee, voted to amend the Pension Plan for Mark Garwood, Chief Executive Officer of the Company. The Plan was amended to allow for the immediate 100% vesting of benefits in the event of a Change of Control as defined in the Plan. Previously, the Plan did not vest in the event of a Change in Control. The Plan was also amended for other non-substantive changes to address legal compliance issues.

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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.

Date: May 7, 2008		EPIC BANCORP
		/s/ Michael E. Moulton
		Michael E. Moulton, Chief Financial Officer
		(Principal Financial Officer)

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