UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 30, 2004
AMERICAN ECOLOGY CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 0-11688 95-3889638
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(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) Identification Number)
Lakepointe Centre I,
300 E. Mallard, Suite 300
Boise, Idaho 83706
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(Address of principal executive (Zip Code)
offices)
(208) 331-8400
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(Registrant's telephone number, including area code)
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ITEM 3.03 MATERIAL MODIFICATIONS TO RIGHTS OF SECURITY HOLDERS.
Effective August 30, 2004 American Ecology Corporation ("the Company") amended
the Credit Agreement and Term Loan Agreement with the Company's primary lender
to modify and amend certain financial covenants. Provided that the Company
complies with such modified and amended financial covenants, and all other terms
and conditions of the said Credit Agreements, the Company is allowed to pay
dividends. The Amendment to the Credit Agreement is attached as Exhibit 10.50e
and incorporated by reference herein. The Amendment to the Term Loan Agreement
is attached as Exhibit 10.50f and incorporated by reference herein.
On August 31, 2004, the Company issued a press release entitled "AMERICAN
ECOLOGY ANNOUNCES $0.25 PER SHARE ANNUAL DIVIDEND". The press release, dated
August 31, 2004, is attached as Exhibit 99 and incorporated by reference herein.
Exhibit 10.50e Seventh Amendment to Credit Agreement between American Ecology Corporation and Wells
Fargo Bank dated August 30, 2004
Exhibit 10.50f First Amendment to Term Loan Agreement between American Ecology Corporation and Wells
Fargo Bank dated August 30, 2004
Exhibit 99 Press Release, dated August 31, 2004, entitled "AMERICAN ECOLOGY ANNOUNCES $0.25
PER SHARE ANNUAL DIVIDEND"
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SIGNATURES
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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 thereunto duly authorized.
AMERICAN ECOLOGY CORPORATION
(Registrant)
Date: August 31, 2004 By:/S/ James R. Baumgardner
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James R. Baumgardner
Senior Vice President, Chief Financial Officer,
Secretary and Treasurer
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EXHIBIT INDEX
Exhibit Description
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Exhibit 10.50e Seventh Amendment to Credit Agreement between American Ecology Corporation and Wells
Fargo Bank dated August 30, 2004
Exhibit 10.50f First Amendment to Term Loan Agreement between American Ecology Corporation and Wells
Fargo Bank dated August 30, 2004
Exhibit 99 Press Release, dated August 31, 2004, entitled "AMERICAN ECOLOGY ANNOUNCES $0.25
PER SHARE ANNUAL DIVIDEND"
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