form8k-siriusagreement.htm
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): January 10, 2009
AUDIOVOX
CORPORATION
(Exact
name of registrant as specified in its charter)
|
Delaware
|
|
0-28839
|
|
(State
or other jurisdiction of incorporation)
|
|
(Commission
File Number
|
|
13-1964841
|
|
(I.R.S.
Employer Identification No.)
|
|
180
Marcus Blvd., Hauppauge, New York
|
|
11788
|
|
(Address
of principal executive officers)
|
|
(Zip
Code)
|
Registrant's
telephone number, including area code (631) 231-7750
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 file following
provisions:
[
] 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 240.14a-12)
[
] Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
[
] Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(e))
Page 1 of
2
Item
1.01 Entry
into a Material Definitive Agreement.
On January 10, 2009, Audiovox
Electronics Corporation (“AE”), a wholly owned subsidiary of Audiovox
Corporation (the “Company”), and Sirius XM Radio Inc. (“Sirius”) signed a
Distribution Agreement dated as of January 8, 2009 (the “Distribution
Agreement”). Sirius operates multichannel digital entertainment and
data services and AE is engaged in the business of marketing, distributing and
selling consumer electronic products. There is no material
relationship between AE and Sirius other than in respect of the material
definitive agreement. The Distribution Agreement is attached hereto
as Exhibit 10.1.
Pursuant to the terms of the agreement,
for a period of two years, AE will have the principal right to distribute,
market and sell certain Sirius branded products to certain consumer electronics
retailers, installers, installation expeditors and automotive dealer groups in
the contiguous United States.
On December 30, 2008, the Company filed
a Form 8-K reporting that it had issued a press release announcing that it had
reached an agreement in principle with Sirius, a copy of which press release was
annexed to the Form 8-K as Exhibit 99.1 and is incorporated by reference into
this Item 1.01.
Item
9.01(d) Exhibits.
Exhibit
No. DESCRIPTION
10.1* Distribution
Agreement, dated as of January 8, 2009, by and between AudiovoxElectronics
Corporation and Sirius XM Radio Inc.
*Certain
information in this exhibit has been omitted and filed separately with the
Securities and Exchange Commission (“SEC”). A Confidential Treatment
Request has been submitted to the SEC with respect to the omitted
portions.
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 thereunto duly
authorized.
AUDIOVOX
CORPORATION (Registrant)
|
Date:
January 15, 2009
|
___________________________________
|
Charles
M. Stoehr
Senior
Vice President and
Chief
Financial Officer
Page 2 of
2