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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Date of Report (Date of earliest event reported): September 24, 2004
BOSTON SCIENTIFIC CORPORATION
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(Exact name of registrant as specified in charter)
DELAWARE 1-11083 04-2695240
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(State or other (Commission (IRS employer
jurisdiction of file number) identification no.)
incorporation)
ONE BOSTON SCIENTIFIC PLACE, NATICK, MASSACHUSETTS 01760-1537
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (508) 650-8000
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the fling obligation of the registrant under any of the
following provisions:
[_] Written communication 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(c))
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ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On September 24, 2004, the Board of Directors of Boston Scientific
Corporation (the "Company") approved an amendment to the Company's 401(k)
Retirement Savings Plan (the "Plan") that provides for, among other things, a
one-time special contribution by the Company to the Plan. This special
retirement supplement will be apportioned to eligible employees based on pay and
years of service. The Company anticipates that this retirement supplement will
result in a charge to earnings for the third quarter of approximately $110
million. The amendment also provides for an increase from four percent to six
percent of eligible pay in the amount the Company matches employee pre-tax
contributions. A copy of the form of amendment is furnished with this report as
Exhibit 10.1.
The Company issued a press release announcing the enhancements to its
401(k) Retirement Savings Plan on September 28, 2004. A copy of the release is
furnished with this report as Exhibit 99.1.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
10.1 Form of Third Amendment to the Boston Scientific Corporation
401(k) Retirement Savings Plan
99.1 Press Release issued by Boston Scientific Corporation dated
September 28, 2004.
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of
1934, as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
BOSTON SCIENTIFIC CORPORATION
Date: September 30, 2004 By: /s/ Lawrence J. Knopf
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Lawrence J. Knopf
Vice President and Assistant General Counsel
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INDEX TO EXHIBITS
Exhibit Number Description
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10.1 Form of Third Amendment to the Boston Scientific
Corporation 401(k) Retirement Savings Plan
99.1 Press Release issued by Boston Scientific Corporation
dated September 28, 2004.
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