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 1, 2009

  


  NVE Corporation

  (Exact name of registrant as specified in its charter)


  
 




  
    
      
Minnesota
    
    
      
000-12196
         
    
    
      
41-1424202
    
  
  
    
      
(State
        or other jurisdiction of incorporation)
    
    
      
(Commission File Number) 
    
    
      
(IRS Employer Identification No.)
    
  






  
    
    
      
11409 Valley View Road, Eden Prairie,
        Minnesota
    
    
      
55344
    
  
  
    
      
(Address
        of principal executive offices)
    
    
      
(Zip Code)
    
  



 Registrant’s telephone
number, including area code (952) 829-9217


                                                                                                                                

  (Former name or former
  address, if changed since last report.)
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):

  

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

  

  [  ] Soliciting material pursuant to Rule 14a-12 under the Exchange
  Act (17 CFR 240.14a-12)

  

  [  ] Pre-commencement communications pursuant to Rule 14d-2(b) under
  the Exchange Act (17 CFR 240.14d-2(b))

  

  [  ] Pre-commencement communications pursuant to Rule 13e-4(c) under
  the Exchange Act (17 CFR 240.13e-4(c))





Item 1.01 Entry into a Material Definitive Agreement



General information

     Phonak AG has and continues to develop, manufacture, and sell hearing systems using our spintronic medical sensors.



Description of the Terms and Conditions of the Agreement

     On May 1, 2009 we executed a Supply Agreement by and between us and Phonak.
The agreement has a term of three years.
The agreement establishes purchase forecasts, inventory requirements, ordering conditions, delivery time, performance indicators, requirements for handling corrective actions,  terms relating to liability and indemnification, terms relating to intellectual property rights, terms relating to supplier indemnification, confidentiality obligations, and certain other terms and conditions.










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Item 9.01 Financial Statements and Exhibits

 





Exhibit #

 

Description



 
    



10




Supply Agreement by and between NVE Corporation and Phonak AG.



 
 
 
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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.






Date  May 6, 2009

NVE CORPORATION

           (Registrant)



/s/ DANIEL A. BAKER

      Daniel A. Baker

        President and

Chief Executive Officer


 
 
 
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