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<SEC-DOCUMENT>0001140361-06-006413.txt : 20060428
<SEC-HEADER>0001140361-06-006413.hdr.sgml : 20060428
<ACCEPTANCE-DATETIME>20060428133837
ACCESSION NUMBER:		0001140361-06-006413
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060428
ITEM INFORMATION:		Entry into a Material Definitive Agreement
FILED AS OF DATE:		20060428
DATE AS OF CHANGE:		20060428

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			APA Enterprises, Inc.
		CENTRAL INDEX KEY:			0000796505
		STANDARD INDUSTRIAL CLASSIFICATION:	OPTICAL INSTRUMENTS & LENSES [3827]
		IRS NUMBER:				411347235
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-16106
		FILM NUMBER:		06788658

	BUSINESS ADDRESS:	
		STREET 1:		2950 NE 84TH LN
		CITY:			BLAINE
		STATE:			MN
		ZIP:			55449
		BUSINESS PHONE:		6127844995

	MAIL ADDRESS:	
		STREET 1:		2950 NE 84TH LN
		CITY:			BLAINE
		STATE:			MN
		ZIP:			55449

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	APA OPTICS INC /MN/
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8-k.htm
<DESCRIPTION>APA ENTERPRISES, INC. 8-K 04-28-2006
<TEXT>
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      APA Enterprises, Inc. 8-K 04-28-2006
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
                  1.01.</strong></font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 3.6pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
        April
        28, 2006, our Board of Directors adopted the recommendations of the Compensation
        Committee concerning bonus payments related to the fiscal year ended March
        31,
        2006 and compensation for the fiscal year ending March 31, 2007 for Anil
        K.
        Jain, Ph.D., the president and chief executive officer of the Company, and
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        and
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        Board
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        bonuses for Ms. Podzimek for fiscal 2006 and for the last quarter of fiscal
        2006
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        Jain's salary for the fiscal year ending March 31, 2007 has been set at $189,108
        (essentially no increase over his salary for fiscal 2006), with the opportunity
        for a cash bonus if one or more of the following objectives are achieved.
        </font></div>
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        A and
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        and/or earnings before interest, taxes, depreciation and amortization (EBITDA).
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 7.2pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
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                    April 28, 2006</font></div>
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                    ENTERPRISES, INC.</font></div>
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                <td align="left" valign="top" width="5%">&#160;</td>
                <td align="left" valign="top" width="35%">&#160;</td>
                <td width="10%">&#160;</td>
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                    K. Jain, Chief Executive and</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
                    Chief Financial Officer (Principal Executive and </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Principal
                    Financial Officer) and authorized</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>&#160;</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">signatory</font></div>
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