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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):
August 25, 2000
CEDAR FAIR, L.P.
(Exact name of Registrant as specified in its charter)
DELAWARE 1-9444 34-1560655
(State or other (Commission (I.R.S. Employer
jurisdiction File No.) Identification No.)
of incorporation)
One Cedar Point Drive, 44870-5259
Sandusky, Ohio
(Address of principal (Zip Code)
executive offices)
Registrant's telephone number, including area code:
(419) 626-0830
N.A.
(Former name or former address, if changed since last
report)
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CEDAR FAIR, L.P.INDEX
Item 5. Other Events 3
Signatures 4
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ITEM 5. OTHER EVENTS.
On August 25, 2000, Cedar Fair, L.P. (the "Registrant")
announced the approval of a plan to revise the Partnership's
existing general partner fee and executive compensation
systems at a special meeting of its limited partners held
that day.
Under the approved plan, Cedar Fair's limited partnership
agreement has been amended to eliminate the fees paid by
Cedar Fair to its general partner, retroactive to January 1,
2000. In addition, a new Equity Incentive Plan allowing the
award of options and other forms of equity as an element of
compensation to senior management and other key employees
was established. In connection with terminating the
existing compensation system, one-time lump sum cash
payments totaling approximately $8.5 million and options for
2,330,000 units will be issued to Cedar Fair's senior
management.
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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.
CEDAR FAIR, L.P.
By Cedar Fair Management Company, General Partner
By: /s/ Bruce A. Jackson
Bruce A. Jackson
Corporate Vice President,
Finance and Chief
Financial Officer
Date: August 31, 2000