Health Discovery Corp (HDVY)

[Rom-lis]

I really don´t like this new one...

Form 8-K for HEALTH DISCOVERY CORP

6-Nov-2007

Change in Directors or Principal Officers, Financial Statements and Exhibit


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On November 6, 2007, the Company and Dr. Stephen Barnhill, the Company's Chief Executive Officer, entered into an amendment (the "Amendment") to Dr. Barnhill's employment agreement whereby Dr. Barnhill's salary was increased to $300,000 per year. This increase in salary is effective as of September 7, 2007, and any portion of this increase not paid since September 7th will be paid to Dr. Barnhill.

The Company also awarded Dr. Barnhill a bonus in the gross amount of $50,000, in recognition of his extraordinary efforts on the Company's behalf.

A copy of the amendment to Dr. Barnhill's employment agreement is attached hereto as Exhibit 99.1.



Item 9.01 Financial Statements and Exhibits

Exhibit 99.1 Fifth Amendment to Employment Agreement between the Company and Stephen D. Barnhill, M.D. dated November 6, 2007