UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): March 3, 2005
Orthofix International N.V.
(Exact name of Registrant as specified in its charter)
Netherlands Antilles 0-19961 N/A
(State or other jurisdiction Commission File Number (I.R.S. Employer
of incorporation) Identification Number)
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7 Abraham de Veerstraat
Curacao
Netherlands Antilles N/A
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 011-59-99-465-8525
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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.):
[ ] 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))
Section 1. Entry into a Material Definitive Agreement.
Item 1.01. Entry into a Material Definitive Agreement.
On March 3, 2005, Orthofix International N.V. (the "Company")
determined the cash bonus amounts to be paid to the Company's Named Executive
Officers (as defined in Item 402(a)(3) of Regulation S-K) for performance during
the fiscal year 2004 in accordance with the established methodologies approved
by the Compensation Committee of the Board of Directors of the Company. The cash
bonus amounts are as follows:
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Name Position Bonus
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Charles Federico Chief Executive Officer and President $48,224
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Thomas Hein Chief Financial Officer $45,000
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Gary Henley Senior Vice President and President, $36,120
Americas Division
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Bradley Mason Vice President and President, $53,000
Breg, Inc.
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Galvin Mould Vice President and President, $11,500
International Division
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SIGNATURE
Pursuant to the requirements of the Securities 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.
Dated: March 3, 2005
ORTHOFIX INTERNATIONAL N.V.
By: /s/ Thomas Hein
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Name: Thomas Hein
Title: Chief Financial Officer