form8k.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):  November 13, 2008 (November 12, 2008)

NEW JERSEY RESOURCES CORPORATION
(Exact name of registrant as specified in its charter)

         
New Jersey
(State or other jurisdiction
of incorporation)
  
1-8359
(Commission
File Number)
  
22-2376465
(IRS Employer
Identification No.)
         
1415 Wyckoff Road
 Wall, New Jersey
  
 
07719
(Address of principal executive offices)
  
(Zip Code)

(732) 938-1480
(Registrant’s telephone number, including area code)
 
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 1.01. Entry into a Material Definitive Agreement.

The Nominating/Corporate Governance Committee (the “Committee”) of the Board of Directors (the “Board”) of New Jersey Resources Corporation (the “Company”), with the assistance of outside consultants, recently completed a review of compensation for non-employee directors. The Committee recommended to the Board that the Company adopt an increase to the annual retainer under the non-employee director compensation program, and the Board approved such change at its meeting on November 12, 2008. A summary of the Company’s non-employee director compensation, as amended, is attached hereto as Exhibit 10.16.

Pursuant to the change approved by the Board, effective as of January 1, 2009, the Company will increase the annual retainer fee to the Company’s non-management directors from $30,000 to $35,000.

Item 2.02  Results of Operations and Financial Condition

On November 13, 2008, the Company issued a press release reporting financial results for the fourth fiscal quarter and fiscal year ended September 30, 2008. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in this Current Report is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section and not deemed to be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.
 
 
Item 9.01.  Financial Statements and Exhibits

 
(a)
Financial statements of businesses acquired:
Not applicable.
       
 
(b)
Pro forma financial information:
Not applicable.
       
 
(c)
Exhibits:
  

 
Exhibit
Number
 
Description
  
10.16
Summary of New Jersey Resources Corporation’s Non-Employee Director Compensation
99.1
Press Release dated November 13, 2008



 
 
 


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.
 
 
NEW JERSEY RESOURCES CORPORATION
Date:  November 13, 2008
  
 
By: /s/ Glenn C. Lockwood
 
Glenn C. Lockwood
Senior Vice President and
Chief Financial Officer





 
 
 


EXHIBIT INDEX

 
Exhibit
Number
 
Description
  
10.16
Summary of New Jersey Resources Corporation’s Non-Employee Director Compensation
99.1
Press Release dated November 13, 2008