form_8k.htm
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
 
 
June 27, 2008
Date of Report (Date of earliest event reported)
 
__________________________________
 
 


UNITY BANCORP, INC.
(Exact Name of Registrant as Specified in its Charter)


New Jersey
(State or Other Jurisdiction of Incorporation)
 
   1-12431
(Commission File Number)
 
22-3282551
(IRS Employer Identification No.)
                                               

64 Old Highway 22
Clinton, NJ 08809
(Address of Principal Executive Office)


(908) 730-7630
(Registrant's Telephone Number, Including Area Code)
 

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:

 o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 o
Soliciting material pursuant to Rule 14a12 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 5.02
 
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)  Effective June 27, 2008 Mr. Frank Ali has retired from the Board of Directors of Unity Bank and Unity Bancorp. Mr. Ali will provide consulting services to Unity Bank through April 30, 2009. Such services shall be in connection with assisting the Bank in maintaining and expanding customer relationships and working with Bank management to identify suitable potential branch locations.  Mr. Ali will receive a consulting fee of $4,500 per month.

 
 
 

 
 
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.

         
   
UNITY BANCORP, INC.
Date: June 27, 2008
 
By:
 
  /s/ Alan J. Bedner, Jr.                                                             .
       Alan J. Bedner, Jr.
       EVP and Chief Financial Officer