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.) |
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5241 Spring Mountain Road |
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Post Office Box 98510 |
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Las Vegas, Nevada |
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89193-8510 |
(Address of principal executive offices) |
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(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.
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Minimum |
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Annual |
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Base Salary |
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Jeffrey W. Shaw |
Chief Executive Officer |
$ 550,000 |
James P. Kane |
President |
$ 368,000 |
George C. Biehl |
Executive Vice President/ |
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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 |
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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.
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SOUTHWEST GAS CORPORATION |
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Date: August 4, 2006 |
/s/ ROY R. CENTRELLA |
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Roy R. Centrella |
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Vice President/Controller and |
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Chief Accounting Officer |