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): August 4,
2005
NAVISTAR
INTERNATIONAL CORPORATION
(Exact
name of registrant as specified in its charter)
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Delaware
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1-9618
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36-3359573
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(State
or other jurisdiction of
incorporation
or organization)
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(Commission
File No.)
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(I.R.S.
Employer
Identification
No.)
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4201
Winfield Road, P.O. Box 1488, Warrenville, Illinois
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60555
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant's
telephone number, including area code (630) 753-5000
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:
[_]
Written communications pursuant to Rule 425 under the Securities
Act
[_]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[_]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
[_]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
PAGE
2
ITEM
1.01 ENTRY
INTO A MATERIAL DEFINITIVE AGREEMENT
On
August
4, 2005, pursuant to authorization of the Compensation Committee of the Board
of
Directors of Navistar International Corporation (the company), the company
approved the award of a discretionary cash bonus to Deepak T. Kapur, an
executive officer of the company, in the amount of $900,000. Mr. Kapur, who
formerly resided in Michigan, was hired by the Company in September 2003 to
serve as President, Truck Group, at the company’s headquarters in Warrenville,
Illinois. Pursuant to the company’s relocation policy, the company has arranged
for a relocation services firm to purchase Mr. Kapur’s house in Michigan for
$3,000,000, which was the average appraised value of the house as determined
by
three independent real estate professionals. The discretionary cash bonus is
being awarded to Mr. Kapur to compensate him for the loss incurred in connection
with the sale of his house in Michigan and relocation to Illinois.
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.
NAVISTAR
INTERNATIONAL CORPORATION
Registrant
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Date:
August 9, 2005
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/s/Mark
T. Schwetschenau
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Mark
T. Schwetschenau
Senior
Vice President and Controller
(Principal
Accounting Officer)
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