CURRENT REPORT


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):
 
April 16, 2008
 
BroadVision, Inc.
______________________BV Logo____________________
(Exact name of registrant as specified in its charter)
 
 
 
Delaware
000-28252
94-3184303
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation)
File Number)
Identification No.)
  
 
 
1600 Seaport Blvd, Suite 550, North Bldg, Redwood City, California
 
94063
_________________________________
(Address of principal executive offices)
 
___________
(Zip Code)

 
 
 
Registrant's telephone number, including area code:
 
(650) 331-1000
 
______________________________________________
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: 
[  ]  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 5.02
 
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
 
2008 Employee Profit Sharing Plan
 
     On April 16, 2008, the Company's Board of Directors approved the Company's 2008 Employee Profit Sharing Plan (the "2008 EPSP"). The terms of the 2008 EPSP are summarized on the framework document attached hereto as Exhibit 10.1 and incorporated in its entirety in this Item 5.02.
 
Item 9.01 – Financial Statements & Exhibits
 
(c) Exhibits
 
Exhibit No.
 
Description
 
2008 Employee Profit Sharing Plan Framework Document
 
 
 

 
 
 
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.
 
 
 
 
 
 
 
 
 
BroadVision, Inc.
  
 
 
 
 
April 17, 2008
 
By:
 
/s/ Shin-Yuan Tzou
 
 
 
 
 
 
 
 
 
Name: Shin-Yuan Tzou
 
 
 
 
Title: Chief Financial Officer




 
EXHIBIT INDEX
 
 
 
 
Exhibit No.
 
Description
 
 
 
 
2008 Employee Profit Sharing Plan Framework Document