Current Report Filing (8-k)

 

 

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):  October 5, 2018

 

NORTECH SYSTEMS INCORPORATED

(Exact name of registrant as specified in charter)

 

Minnesota		0-13257		41-16810894
(State or other jurisdiction		(Commission		IRS Employer
of incorporation)		File Number)		Identification No.)

 

7550 Meridian Circle N, Maple Grove, MN 55369

(Address of principal executive offices)

 

[phone]

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed from 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 14-2(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))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company o

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

 

 

 

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Section 5 — Corporate Governance and Management

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(b)     Effective October 5, 2018, Mohammed “Matt” Mahmood resigned as the Company’s Chief Operating Officer. Mr. Mahmood’s resignation as Chief Operating Officer was not the result of any disagreement between Nortech Systems and him on any matter relating to Nortech’s operations, policies or practices.

 

On October 10, 2018, Nortech entered into a Separation Agreement and General Release (the “Separation Agreement”) with Matt Mahmood, in which Nortech and Mr. Mahmood mutually agreed that Mr. Mahmood resigned as Nortech’s Chief Operating Officer effective October 5, 2018 (the “Separation Date”).

 

Item 9.01 Financial Statements and Exhibits

 

10.1

Separation and Release of claims dated October 10, 2018 between Nortech Systems Inc. and Mohammed Mahmood (furnished)

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: October 10, 2018

 

	Nortech Systems Incorporated
	(Registrant)
	/s/ Constance M. Beck
	Constance M. Beck
	Chief Financial Officer

 

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