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) DECEMBER 22, 2000
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RELM WIRELESS CORPORATION
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(Exact name of registrant as specified in its charter)
NEVADA
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(State or other jurisdiction of incorporation)
000-07336 04-2225121
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(Commission File Number) (IRS Employer Identification No.)
7100 Technology Drive, West Melbourne, FL 32904
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(Address of principal executive offices, including Zip Code)
Registrant's telephone number, including area code (321) 984-1414
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N/A
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
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On December 22, 2000, RELM Wireless Corporation executed a loan modification
agreement with the owner of its former paper manufacturing subsidiary pursuant
to which RELM's loan to the former subsidiary was modified as disclosed in
RELM's press release dated January 4, 2001 which is filed as Exhibit 99.1 hereto
and incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
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(c) EXHIBITS
EXHIBIT
NUMBER DESCRIPTION
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99.1 Press Release dated January 4, 2001.
10.1 Loan Modification Agreement among Fort Orange Paper
Company, Inc., f/k/a Fort Orange Acquisition Co., Inc.,
Recycled Properties, L.L.C., and RELM Wireless Corporation
dated as of December 22, 2000.
10.2 Secured Promissory Note in the amount of $300,000 in favor
of RELM Wireless Corporation dated December 22, 2000.
10.3 Secured Promissory Note in the amount of $600,000 in favor
of RELM Wireless Corporation dated December 22, 2000.
10.4 Standby Creditor's Agreement between New York Business
Development Corporation, Fort Orange Paper Company, Inc.,
and RELM Wireless Corporation dated as of December 22,
2000.
10.5 Borrower Forebearance Fee Payment Agreement between Fort
Orange Paper Company, Inc. and RELM Wireless Corporation
dated as of December 22, 2000..
10.6 Guarantor Forebearance Fee Payment Agreement between John
P. Hay, Jr. and RELM Wireless Corporation dated as of
December 22, 2000.
10.7 Intercreditor Agreement among Milberg Factors, Inc., Fort
Orange Paper Co., Inc. and Fort Orange Acquisition Co.,
Inc. dated June 16, 1997.
2
<PAGE>
SIGNATURES
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.
RELM WIRELESS CORPORATION
By: /s/ WILLLIAM P. KELLY
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William P. Kelly, Vice President - Finance
Dated: January 10, 2001 and Chief Financial Officer
3
<PAGE>
EXHIBIT INDEX
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EXHIBIT
NUMBER DESCRIPTION
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99.1 Press Release dated January 4, 2001.
10.1 Loan Modification Agreement among Fort Orange Paper
Company, Inc., f/k/a Fort Orange Acquisition Co., Inc.,
Recycled Properties, L.L.C., and RELM Wireless Corporation
dated as of December 22, 2000.
10.2 Secured Promissory Note in the amount of $300,000 in favor
of RELM Wireless Corporation dated December 22, 2000.
10.3 Secured Promissory Note in the amount of $600,000 in favor
of RELM Wireless Corporation dated December 22, 2000.
10.4 Standby Creditor's Agreement between New York Business
Development Corporation, Fort Orange Paper Company, Inc.,
and RELM Wireless Corporation dated as of December 22,
2000.
10.5 Borrower Forebearance Fee Payment Agreement between Fort
Orange Paper Company, Inc. and RELM Wireless Corporation
dated as of December 22, 2000..
10.6 Guarantor Forebearance Fee Payment Agreement between John
P. Hay, Jr. and RELM Wireless Corporation dated as of
December 22, 2000.
10.7 Intercreditor Agreement among Milberg Factors, Inc., Fort
Orange Paper Co., Inc. and Fort Orange Acquisition Co.,
Inc. dated June 16, 1997.
