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 5, 2010



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 5.07. Submission of Matters to a Vote of Security Holders


     Our Annual Meeting of Shareholders was held on August 5, 2010. Proxies for the meeting were solicited pursuant to
Section 14(a) of the Exchange Act. All of our directors attended the meeting. The Annual Meeting was held for the
following purposes: (1) to elect five directors to serve until the next Annual Meeting of Shareholders; and (2) to ratify the
selection of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending March 31,
2011. 



     There were 4,700,583 shares of common stock entitled to vote at the meeting with a majority represented at the
meeting. The affirmative vote of the majority of the votes cast was required to pass each of the proposals. The Board of
Directors recommended a vote for election of the director nominees and for ratification of the selection of our independent
registered public accounting firm. There was no solicitation in opposition.
Each director nominee was reelected to serve as a director until our next Annual Meeting of Shareholders and the
selection of our independent registered public accounting firm was ratified.



     Voting results were as follows:






 Number of Shares

Voted For  Withheld  Abstain

1. 
To elect five directors to serve until the next Annual Meeting of Shareholders.

      Terrence W. Glarner 2,712,886   23,023   1,106

 
     Daniel A. Baker 2,717,989   17,920   1,106

      James D. Hartman 2,711,757   24,152   1,106

 
     Patricia M. Hollister 2,711,357   24,552   1,106

 
     Robert H. Irish 2,710,173   25,736   1,106

  

Number of Shares

Voted For  Voted Against  Abstain

2. 
To ratify the selection of Ernst & Young LLP as our independent registered


public accounting firm for the fiscal year ending March 31, 2011. 4,011,987   23,833   2,982

 
 
2



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  August 5, 2010

NVE CORPORATION

(Registrant)



 /s/ CURT A. REYNDERS

Curt A. Reynders

Chief Financial Officer and Secretary

 
 
 
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