Unassociated Document
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):
May 15, 2006
Administaff,
Inc.
(Exact
name of registrant as specified in its charter)
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Delaware
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1-13998
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76-0479645
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(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(I.R.S.
Employer Identification No.)
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19001
Crescent Springs Drive
Kingwood,
Texas 77339
(Address
of principal executive offices and zip code)
Registrant’s
telephone number, including area code: (281)
358-8986
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):
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under The Exchange
Act
(17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under The Exchange
Act
(17 CFR 240.13e-4(c))
Item
1.02. Termination of Material Definitive Agreement
On
May
15, 2006, the Company repaid the $32 million outstanding balance on its mortgage
agreement (“Mortgage”), which was secured by real estate and related fixtures
located at the Company’s headquarters in Kingwood, Texas. The primary source of
repayment was the $25.7 million in deposits recently returned by the Company’s
workers’ compensation insurance carrier, American International Group,
Inc.
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.
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ADMINISTAFF,
INC. |
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By: |
/s/ John
H.
Spurgin, II |
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John
H. Spurgin, II |
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Sr.
Vice
President, Legal, General Counsel and Secretary |
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Date:
May 17, 2006
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