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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001181431-10-059917.txt : 20101207
<SEC-HEADER>0001181431-10-059917.hdr.sgml : 20101207
<ACCEPTANCE-DATETIME>20101207165754
ACCESSION NUMBER:		0001181431-10-059917
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20101201
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20101207
DATE AS OF CHANGE:		20101207

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LRAD Corp
		CENTRAL INDEX KEY:			0000924383
		STANDARD INDUSTRIAL CLASSIFICATION:	HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651]
		IRS NUMBER:				870361799
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24248
		FILM NUMBER:		101237790

	BUSINESS ADDRESS:	
		STREET 1:		15378 AVENUE OF SCIENCE, SUITE 100
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92128
		BUSINESS PHONE:		858-676-1112

	MAIL ADDRESS:	
		STREET 1:		15378 AVENUE OF SCIENCE, SUITE 100
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92128

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN TECHNOLOGY CORP /DE/
		DATE OF NAME CHANGE:	19940602
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>rrd293428.htm
<DESCRIPTION>FY 2011 BONUS PLAN
<TEXT>

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			Prepared By R.R. Donnelley Financial -- Form 8-K
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				<b>UNITED STATES </b>
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				<b>SECURITIES AND EXCHANGE COMMISSION</b>
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				<b>Washington, D.C. 20549</b>
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				<b>Form 8-K </b>
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				<b>CURRENT REPORT</b>
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				<b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</b>
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				<b>Date of Report (Date of earliest event reported):&nbsp;&nbsp;12/01/2010 </b>
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				<b>LRAD Corporation</b>
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				<b>(Exact name of registrant as specified in its charter)</b>
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				<b>Commission File Number:&nbsp;&nbsp;000-24248</b>
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								<b>Delaware</b>
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							&nbsp;&nbsp;
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								<b>87-0361799</b>
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								<b>(State or other jurisdiction of</b>
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							&nbsp;&nbsp;
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								<b>(IRS Employer</b>
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								<b>incorporation)</b>
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							&nbsp;&nbsp;
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								<b>Identification No.)</b>
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				<b>15378 Avenue of Science, Ste 100,</div><div Align="center">San Diego, California 92128</b>
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				<b>(Address of principal executive offices, including zip code)</b>
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				<b>858-676-1112</b>
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				<b>(Registrant&#146;s telephone number, including area code)</b>
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				<b> </b>
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				<b>(Former name or former address, if changed since last report)</b>
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			<b>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:<BR><BR></b>
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			<b>[&nbsp;&nbsp;]&nbsp;&nbsp;
			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>
			[&nbsp;&nbsp;]&nbsp;&nbsp;
			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>
			[&nbsp;&nbsp;]&nbsp;&nbsp;
			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>
			[&nbsp;&nbsp;]&nbsp;&nbsp;
			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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				<b>Item 5.02.&nbsp;&nbsp;&nbsp;&nbsp;Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers</b>
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				On December 6, 2010, the Compensation Committee of the Board of Directors of LRAD Corporation (the "Company") recommended, and the Board of Directors approved, an incentive bonus plan for fiscal year 2011 for all of the Company's employees, including its executive officers. Target bonus amounts vary based on a fixed percentage of the employee's base salary, which percentage equals 50% of base salary for executive officers and 10% to 50% of base salary of other employees depending on their level of responsibility. A bonus payment will be made at three levels, including at 50% of target, at target and at 200% of target, based upon the achievement by the Company of specified earnings per share goals. For purposes of the earnings per share calculation, earnings from continuing and discontinued operations will be included and the number of shares outstanding will be held constant as of October 1, 2010. All of the Company's employees will be entitled to participate in the incentive plan.<p>On December 1, 2010 
and December 6, 2010, the Compensation Committee of the Board of Directors recommended, and our Board of Directors approved, changes to the compensation of our executive officers.  Thomas R. Brown, President and Chief Executive Officer of the Company, will receive an annual base salary, effective January 1, 2010, of $275,000, and Katherine H. McDermott, Chief Financial Officer, will receive an annual base salary, effective January 1, 2010, of $175,000.  Mr. Brown was also granted an option to purchase 100,000 shares of the Company's common stock under the Company's 2005 Equity Incentive Plan.
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			<b>SIGNATURES</b>
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			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.
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					&nbsp;
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							LRAD Corporation
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							Date: December 07, 2010
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							By:
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						/s/&nbsp;&nbsp;&nbsp;&nbsp;Katherine H. McDermott</font>
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						Katherine H. McDermott</font>
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						Chief Financial Officer
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