þ
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Annual
report pursuant to Section 13 or 15(d) of the Securities Exchange
Act of
1934
For
the fiscal year ended July 31, 2006
|
o
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Transition
report pursuant to Section 13 or 15(d) of the Securities Exchange
Act of
1934
For
the transition period from __________ to
__________
|
New
York
(State
or other jurisdiction of incorporation or
organization)
|
16-0971022
(IRS
Employer Identification Number)
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368
Pleasant View Drive, Lancaster, NY
(Address
of principal executive offices)
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14086-1397
(Zip
code)
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||||
716/684-8060
(Registrant's
telephone number, including area code)
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Securities
Registered Pursuant to Section 12(b) of the
Act:
|
||||
Title
of each class
Class
A Common Stock par value $.01 per share
|
Name
of each exchange on which registered
American
Stock Exchange
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|||
Securities
registered pursuant to Section 12(g) of the
Act:
|
None
(Title
of class)
|
Large
accelerated filer o
|
Accelerated
filer o
|
Non-accelerated
filer þ
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Item
11.
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Executive
Compensation
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SUMMARY
COMPENSATON TABLE
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Annual
Compensation
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|
Long-Term
Compensation
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Name
and
Principal
Position
|
|
Fiscal
Year
|
|
Salary
|
Bonus
(1)
|
Other
|
|
Stock
Incentive Options (Shares)
|
Restricted
Stock Awards (3)
|
Long-Term
Compensation Payouts
|
All
Other (2)
|
|
|
|
|
|
|
|
|
|
|
|
|
Gerhard
J. Neumaier
|
|
2006
|
|
$290,289
|
$45,000
|
-0-
|
|
-0-
|
-0-
|
-0-
|
$18,164
|
President
and Director
|
|
2005
|
|
$286,847
|
$-0-
|
-0-
|
|
-0-
|
-0-
|
-0-
|
$14,962
|
|
|
2004
|
|
$278,897
|
$30,000
|
-0-
|
|
-0-
|
-0-
|
-0-
|
$16,035
|
|
|
|
|
|
|
|
|
|
|
|
|
Frank
B. Silvestro
|
|
2006
|
|
$261,526
|
$45,000
|
-0-
|
|
-0-
|
-0-
|
-0-
|
$16,712
|
Executive
Vice President
|
|
2005
|
|
$261,436
|
$-0-
|
-0-
|
|
-0-
|
-0-
|
-0-
|
$13,638
|
and
Director
|
|
2004
|
|
$253,730
|
$30,000
|
-0-
|
|
-0-
|
-0-
|
-0-
|
$14,724
|
|
|
|
|
|
|
|
|
|
|
|
|
Ronald
L. Frank
|
|
2006
|
|
$211,658
|
$45,000
|
-0-
|
|
-0-
|
-0-
|
-0-
|
$14,218
|
Executive
Vice President
|
|
2005
|
|
$247,359
|
$-0-
|
-0-
|
|
-0-
|
-0-
|
-0-
|
$12,934
|
of
Finance, Secretary,
|
|
2004
|
|
$253,730
|
$30,000
|
-0-
|
|
-0-
|
-0-
|
-0-
|
$14,724
|
Treasurer,
and Director
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gerald
A. Strobel
|
|
2006
|
|
$264,573
|
$45,000
|
-0-
|
|
-0-
|
-0-
|
-0-
|
$16,864
|
Executive
Vice President
|
|
2005
|
|
$261,436
|
$-0-
|
-0-
|
|
-0-
|
-0-
|
-0-
|
$13,638
|
of
Technical Services and
|
|
2004
|
|
$253,730
|
$30,000
|
-0-
|
|
-0-
|
-0-
|
-0-
|
$14,724
|
Director
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Laurence
M. Brickman
|
|
2006
|
|
$164,474
|
$21,000
|
-0-
|
|
-0-
|
-0-
|
-0-
|
$10,085
|
Senior
Vice President
|
|
2005
|
|
$162,524
|
$-0-
|
-0-
|
|
-0-
|
-0-
|
-0-
|
$8,478
|
|
|
2004
|
|
$158,366
|
$12,000
|
-0-
|
|
-0-
|
$8,000
|
-0-
|
$8,845
|
(1)
|
Amounts
earned for bonus compensation determined by the Board of
Directors.
|
(2)
|
Represents
group term life insurance premiums, contributions made by the Company
to
its Defined Contribution Plan and Defined Contribution Plan SERP
accruals
on behalf of each of the Named
Executives.
|
(3)
|
As
of July 31, 2006, there were 884 shares of the Company's Class A
Common
Stock which was restricted stock issued pursuant to the Company's
Stock
Award Plan issued to Laurence Brickman having a value of
$8,901.
|
· |
Defined
Contribution Plan.
The Company maintains a Defined Contribution Plan ("the DC Plan")
which is
qualified under the Internal Revenue Code of 1986, as amended (the
"Internal Revenue Code") pursuant to which the Company contributes
an
amount not in excess of 15% of the aggregate compensation of all
employees
who participate in the DC Plan. All employees, including the executive
officers identified under "Executive Compensation", are eligible
to
participate in the plan, provided that they have attained age 21
and
completed one year of employment with at least 1,000 hours of service.
The
amounts contributed to the plan by the Company are allocated to
participants based on a ratio of each participant's points to total
points
of all participants determined as follows: one point per $1,000 of
compensation plus two points per year of service completed prior
to August
1, 1979, and one point for each year of service completed after August
1,
1979.
|
· |
Supplemental
Retirement Plan.
In April 1994, the Board of Directors of the Company, in response
to
changes in the tax code, voted to establish a Supplemental Executive
Retirement Plan ("SERP") for purposes of providing retirement benefits
to
employees including officers of the Company whose retirement benefits
under the DC Plan are reduced as a result of the compensation limitation
imposed by the tax code change. This plan is a non-qualified plan
which
provides benefits that would have been lost from the DC Plan due
to the
imposition of the compensation restriction. As of July 31, 2006,
the SERP
plan was terminated by the Company. All existing balances will be
paid out
during the first quarter of fiscal year
2007.
|
· |
Stock
Award Plan.
|
|
ECOLOGY
AND ENVIRONMENT, INC.
|
|
|
|
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Dated:
December 20, 2006
|
/s/
GERHARD J. NEUMAIER
|
|
GERHARD
J. NEUMAIER, PRESIDENT
|