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TNL > SEC Filings for TNL > Form 8-K on 11-May-2009All Recent SEC Filings

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Form 8-K for TECHNITROL INC


11-May-2009

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


Item 1.01. Entry into a Material Definitive Agreement

On May 6, 2009, Technitrol through its subsidiaries began leasing silver from Mitsubishi International Corporation. Silver Consignment/Purchase Agreements were entered into by AMI Doduco Espana, S.L., AMI Doduco GmbH, AMI Doduco, Inc. and AMI Doduco (Mexico) S. de R.L. de C.V. with maximum dollar limits of US$7 million, US$7 million, US$3 million and US$3 million respectively. These agreements contain events of default, representations and warranties that are generally customary for arrangements of this type.

The foregoing summary is not complete and is qualified in its entirety by reference to the full text of the form of Silver Consignment/Purchase Agreement attached hereto as Exhibit 10.20 which is incorporated herein by reference.



Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

10.20 Form of Silver Consignment/Purchase Agreement dated April 20, 2009 between Misubishi International Corporation and each of AMI Doduco Espana, S.L., AMI Doduco GmbH, AMI Doduco, Inc. and AMI Doduco (Mexico) S. de R.L. de C.V.


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