neomagic_8k-020110.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 26, 2010
 
 
NeoMagic Corporation
(Exact Name of Registrant as Specified in Charter)
         
Delaware
  
000-22009
  
77-0344424
(State or Other Jurisdiction of
 Incorporation)
  
(Commission File Number)
  
(IRS Employer
 Identification No.)

     
2372-A Qume Drive, San Jose, California
  
95131
(Address of principal executive offices)
  
(Zip Code)
 
Registrant’s telephone number, including area code         (408) 428-9725
 
780 Montague Expressway, #504, San Jose, CA 95131
(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):
 
¨
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(c))
 
 
 
 
 
 
ITEM 1.02
Termination of a Material Definitive Agreement
 
On January 26, 2010, FLG Partners, LLC, a chief financial officer services and board advisory consultancy firm, notified NeoMagic Corporation (the “Company”) it was terminating its Consulting Agreement, dated as of December 7, 2009 (the “Agreement”), to provide the Company with the services of James D. Pardee as an Acting Chief Financial Officer and principal financial and accounting officer.

The material terms of the Agreement are disclosed under Item 1.01 of the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on December 11, 2009, with such discussion incorporated into this Item 1.02 by reference.
 
 
ITEM 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers, Compensatory Arrangements of Certain Officers.
 
On January 26, 2010, James D. Pardee, a partner at FLG Partners, LLC ("FLG Partners"), a chief financial officer services and board advisory consultancy firm, notified the Company he was resigning as its Acting Chief Financial Officer and principal financial and accounting officer.



 
 
 
 
SIGNATURE
 
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.
 
 
NeoMagic Corporation
  
 
(Registrant)
  
       
Date:  February 1, 2010
By:
/s/ Syed Zaidi
  
   
SYED ZAIDI
  
   
President and Interim Chief Executive Officer