DCAP Group, Inc. Form 8-K for an event dated August 25, 2006
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: August 25, 2006
(Date of earliest event reported)
 
DCAP GROUP, INC.
(Exact Name of Registrant as Specified in Charter)
 
Delaware
  
0-1665
  
36-2476480
(State or Other Jurisdiction
of Incorporation)
  
(Commission File No.)
  
(IRS Employer Identification
Number)

1158 Broadway, Hewlett, NY
11557
(Address of Principal Executive Offices)
(Zip Code)
 
Registrant's telephone number, including area code: (516) 374-7600

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 (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.
 
On August 25, 2006, the Board of Directors of DCAP Group, Inc. approved the recommendation of its Compensation Committee to pay a $50,000 bonus to Barry Goldstein, its Chief Executive Officer, with respect to the fiscal year ended December 31, 2005.
 
 
 
 
 
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.
 
 
     
 
DCAP GROUP, INC.
 
 		  
 		  
 
Date:  August 25, 2006 By:   /s/ Barry B. Goldstein
 
Barry B. Goldstein
 
President