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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): March 14, 2005
FIBERSTARS, INC.
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(Exact name of registrant as specified in its charter)
California 0-24230 94-3021850
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(State or Other Jurisdiction of (Commission (I.R.S. Employer
Incorporation) File Number) Identification Number)
44259 Nobel Drive
Fremont, California 94538
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(Address of principal executive offices) (Zip Code)
(510) 490-0719
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(Registrant's telephone number, including area code)
N/A
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(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 obligations 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))
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Item 1.01. Entry into a Material Definitive Agreement
Fiberstars, Inc. has entered into a three year consulting agreement with
Gensler Architecture, Design & Planning, P.C., a New York Professional
Corporation ("Gensler"). The consulting agreement, which reflects an effective
date of December 15, 2004, was delivered to Fiberstars on March 15, 2005 as
executed by Gensler. Gensler has agreed to assist Fiberstars' marketing group
with matters of structure, procedure and practices as they relate to the design,
real estate and procurement communities, and to advise Fiberstars on strategies
to enhance its visibility and image within the design and construction community
as a manufacturer of preferred technology. In return, Fiberstars has agreed to
compensate Gensler with a one-time cash payment of $60,750 for services
delivered in advance of the completion of the negotiation of the Consulting
Agreement, $50,000 annual cash payments to be paid in quarterly installments of
$12,500 in arrears for each of the calendar years 2005, 2006 and 2007, and a
one-time option award to acquire up to 75,000 shares of Fiberstars' common stock
at a per share exercise price of $6.57. The option award vests in annual cliffs
at the rate of 25,000 shares on each of December 15, 2005, 2006 and 2007,
respectively.
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.
Dated: March 16, 2005
FIBERSTARS, INC.
By /s/ Robert A. Connors
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Name: Robert A. Connors
Title:Chief Financial Officer