<HTML>
<HEAD>
<TITLE>NATIONAL VISION, INC.</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD nowrap align="left" valign="top">As filed with the Securities and Exchange Commission on April&nbsp;6, 2005.
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">File No.&nbsp;333-<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P>

<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<P align="center" style="font-size: 14pt"><B>SECURITIES AND EXCHANGE COMMISSION</B>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, D.C. 20549</B>
</DIV>

<P align="center" style="font-size: 10pt"><HR size="1" noshade width="26%" align="center" color="#000000">


<P align="center" style="font-size: 18pt"><B>FORM S-8</B>


<P align="center" style="font-size: 12pt"><B>REGISTRATION STATEMENT<BR>
UNDER<BR>
THE SECURITIES ACT OF 1933</B>


<P align="center" style="font-size: 10pt"><HR size="1" noshade width="26%" align="center" color="#000000">

<P align="center" style="font-size: 24pt"><B>NATIONAL VISION, INC.</B>


<DIV align="center" style="font-size: 10pt"><I>(Exact Name of Registrant as Specified in its Charter)</I></DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Georgia</B><BR>
<I>(State or Other Jurisdiction of<BR>
Incorporation or Organization)</I>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>58-1910859</B><BR>
<I>(I.R.S. Employer<BR>
Identification Number)</I></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><B>296 Grayson Highway<BR>
Lawrenceville, Georgia 30045<BR>
(770)&nbsp;822-3600</B><BR>
<I>(Address and Telephone Number of Issuer&#146;s Principal Executive Offices)</I>


<P align="center" style="font-size: 10pt"><B>National Vision, Inc. 2004 Equity Incentive Plan</B><BR>
<I>(Full Title of the Plan)</I>


<P align="center" style="font-size: 10pt"><B>Mitchell Goodman, Esq.<BR>
Senior Vice President, General Counsel and Secretary<BR>
296 Grayson Highway<BR>
Lawrenceville, Georgia 30045<BR>
(770)&nbsp;822-3600</B><BR>
<I>(Name, Address and Telephone Number, Including Area Code, of Agent for Service)</I>


<P align="center" style="font-size: 10pt"><I>Copies to:</I><BR>
<B>David A. Stockton, Esq.<BR>
Kilpatrick Stockton LLP<BR>
1100 Peachtree Street, N.E.<BR>
Atlanta, Georgia 30309-4530<BR>
(404)&nbsp;815-6500</B>


<P align="center" style="font-size: 10pt"><B>Calculation of Registration Fee</B>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="46%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>
</TR><TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="21" style="border-bottom: 3px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>Title of Each</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Proposed Maximum</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Proposed Maximum</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>Class of Securities</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Amount to</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Offering Price</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Aggregate</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Amount of</B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>to be Registered</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>be Registered</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Per Share</B><SUP style="font-size: 85%; vertical-align: text-top">(3)</SUP></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Offering Price</B><SUP style="font-size: 85%; vertical-align: text-top">(3)</SUP></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Registration Fee</B><SUP style="font-size: 85%; vertical-align: text-top"><B>(3)</B></SUP></TD>
    <TD width="1%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD width="1%" style="border-top: 2px solid #000000">&nbsp;</TD>
                    <TD valign="top" style="border-top: 2px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">Common Stock, par
value $0.01 per
share<SUP style="font-size: 85%; vertical-align: text-top">(1)</SUP>
</DIV></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD nowrap align="left" valign="top" style="border-top: 2px solid #000000">375,715 shares<SUP style="font-size: 85%; vertical-align: text-top">(2)</SUP>
</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="top" style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="right" valign="top" style="border-top: 2px solid #000000">$</TD>
    <TD nowrap valign="top" style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="top" style="border-top: 2px solid #000000">$</TD>
    <TD align="right" valign="top" style="border-top: 2px solid #000000">1,078,290</TD>
    <TD nowrap valign="top" style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD nowrap align="right" valign="top" style="border-top: 2px solid #000000">$</TD>
    <TD align="right" valign="top" style="border-top: 2px solid #000000">126.91</TD>
    <TD nowrap valign="top" style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD width="1%" style="border-top: 2px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="21" style="border-top: 3px solid #000000">&nbsp;</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(1)&nbsp;&nbsp;</TD>
    <TD>Attached to each share of Common Stock is a right to purchase a fraction of a share of
preferred stock of the Company pursuant to that certain Rights Agreement initially dated as of
January&nbsp;17, 1997 between the Company and the rights agent thereunder, as amended. No value is
attributable to such rights.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(2)&nbsp;&nbsp;</TD>
    <TD>Pursuant to Rule&nbsp;416 promulgated under the Securities Act of 1933, as amended, this
registration statement also relates to such indeterminate number of additional shares of
Common Stock of the Registrant as may be issuable in the event of a stock dividend, stock
split, recapitalization, or other similar capital structure, merger consolidation, spin-off,
split-off, spin-out, split-up, reorganization, partial or complete liquidation, or other
distribution of assets, issuance of rights or warrants to purchase securities, or any other
corporate transaction or event having an effect similar to any of the foregoing.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(3)&nbsp;&nbsp;</TD>
    <TD>Upon adoption of the 2004 Equity Incentive Plan by the Registrant&#146;s shareholders on June
29, 2004 (&#147;2004 Plan&#148;), the Registrant&#146;s 1996 Restated Stock Option and Incentive Plan and
1993 Restated Non-Employee Director Stock Option Plan were terminated and the remaining 30,715
shares and 45,000 shares, respectively, of Common Stock not yet awarded under those plans were
transferred to the 2004 Plan and are included in the 375,715 shares of Common Stock subject to
the 2004 Plan. Pursuant to General Instruction E., no registration fee is included herewith
with respect to the 30,715 shares, and 45,000 shares of Common Stock (collectively, the &#147;Old
Shares&#148;) previously registered under Registration No.&nbsp;333-84287 ($3.703125 per share) and
Registration No.&nbsp;333-27187 ($4.4375 per share), respectively. As of the date of this
registration statement, the following awards have been made under the 2004 Plan: (i)&nbsp;stock
options to purchase an aggregate of 50,000 shares of Common Stock at $2.30 per share, (ii)
107,500 shares of restricted Common Stock (closing price of $2.30 per share on date of award)
and (iii)&nbsp;1,500 shares of restricted Common Stock (closing price of $3.60 per share on date of
award). The offering price of $5.04 per share of the
remaining 141,000 shares of Common Stock (excluding the Old Shares), under the 2004 Plan not yet
awarded, has been provided solely for the purpose of calculating the registration fee pursuant to
Rule 457(h) and was calculated based on the average of the high and low prices of a share of the
Registrant&#146;s Common Stock, as reported on the American Stock Exchange on March&nbsp;31, 2005.</TD>
</TR>

</TABLE>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>



<P align="center" style="font-size: 10pt">&nbsp;</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<!-- TOC -->
<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
<TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
<TR>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="76%"></TD>
</TR>
<TR><TD colspan="9"><A HREF="#000">PART I.</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">PART II.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#002">ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#003">ITEM 4. DESCRIPTION OF SECURITIES.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#004">ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#005">ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#006">ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#007">ITEM 8. EXHIBITS.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#008">ITEM 9. UNDERTAKINGS</A></TD></TR>
<TR><TD colspan="9"><A HREF="#009">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#010">INDEX TO EXHIBITS</A></TD></TR>
<TR><TD colspan="9"><A HREF="g94376exv5.htm">EX-5 OPINION OF KILPATRICK STOCKTON LLP</A></TD></TR>
<TR><TD colspan="9"><A HREF="g94376exv23w1.htm">EX-23.1 CONSENT OF DELOITTE & TOUCHE LLP</A></TD></TR>
</TABLE>
</CENTER>
<!-- /TOC -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>




<!-- link1 "PART I." -->
<DIV align="left"><A NAME="000"></A></DIV>

<P align="center" style="font-size: 10pt"><B>PART I.</B>



<P align="center" style="font-size: 10pt"><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information required by Part&nbsp;I to be contained in the Section 10(a) prospectus is omitted from
this Registration Statement in accordance with Rule&nbsp;428 under the Securities Act of 1933 (the
&#147;Securities Act&#148;) and the note to Part&nbsp;I of Form S-8.

<!-- link1 "PART II." -->
<DIV align="left"><A NAME="001"></A></DIV>

<P align="center" style="font-size: 10pt"><B>PART II.</B>



<P align="center" style="font-size: 10pt"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>


<!-- link2 "ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE." -->
<DIV align="left"><A NAME="002"></A></DIV>

<P align="left" style="font-size: 10pt"><B>ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents are incorporated by reference into this Registration Statement and are
deemed to be a part hereof from the date of the filing of such documents by the Registrant
(Commission No.&nbsp;001-16635) with the Securities and Exchange Commission:


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(1)&nbsp;&nbsp;</TD>
    <TD>The Registrant&#146;s Annual Report on Form 10-K for the year ended January&nbsp;1, 2005.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(2)&nbsp;&nbsp;</TD>
    <TD>The Registrant&#146;s Quarterly Reports on Form 10-Q for the periods ended April&nbsp;3,
July&nbsp;3, and October&nbsp;2, 2004 (as amended).</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(3)&nbsp;&nbsp;</TD>
    <TD>All other reports filed by the Registrant pursuant to Section 13(a) or 15(d) of
the Securities Exchange Act of 1934 (the &#147;Exchange Act&#148;), since January&nbsp;3, 2004.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(4)&nbsp;&nbsp;</TD>
    <TD>The description of the Registrant&#146;s Common Stock, par value, $0.01 per share,
and attached Purchase rights, contained in the Registrant&#146;s Registration Statement on
Form 8-A, filed pursuant to Section&nbsp;12 of the Exchange Act including all amendments or
reports filed for the purpose of updating such description.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All other documents subsequently filed by the Registrant pursuant to Sections&nbsp;13(a), 13(c), 14
and 15(d) of the Exchange Act prior to the filing of a post-effective amendment hereto which
indicates that all securities offered pursuant to this Registration Statement have been sold or
which deregisters all securities then remaining unsold shall be deemed to be incorporated by
reference herein and made a part hereof from their respective dates of filing. Any statement
contained herein or in any document incorporated or deemed to be incorporated by reference herein
shall be deemed to be modified or superseded for purposes of this Registration Statement to the
extent that a statement contained herein or in any other subsequently filed document that also is
or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any
such statement so modified or superseded shall not be deemed to constitute a part of this
Registration Statement, except as so modified or superseded.

<!-- link2 "ITEM 4. DESCRIPTION OF SECURITIES." -->
<DIV align="left"><A NAME="003"></A></DIV>

<P align="left" style="font-size: 10pt"><B>ITEM 4. DESCRIPTION OF SECURITIES.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.


<P align="center" style="font-size: 10pt">II-1</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link2 "ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL." -->
<DIV align="left"><A NAME="004"></A></DIV>

<P align="left" style="font-size: 10pt"><B>ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.

<!-- link2 "ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS." -->
<DIV align="left"><A NAME="005"></A></DIV>

<P align="left" style="font-size: 10pt"><B>ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s Amended and Restated Articles of Incorporation, as amended, provide that no
director will be personally liable to the Registrant or its shareholders for monetary damages for
breach of duty of care or other duty owed to the Registrant as a director, except that such
provision will only eliminate or limit the liability of a director the extent permitted from time
to time by the Georgia Business Corporation Code (&#147;GBCC&#148;) or any successor law or laws. Further,
the Registrant&#146;s Amended and Restated Bylaws provide that the Registrant shall indemnify each of
its current and former officers and directors (and heirs and legal representatives of such officers
and directors) to the maximum extent permitted by applicable law.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;14-2-851 of the GBCC permits a Georgia corporation to indemnify any person who is a
party to any proceeding by reason of the fact that such person is or was a director of the
corporation, against liability incurred in connection with such proceeding if such person acted in
good faith and in a manner such person reasonably believed to be in, or not opposed to, the best
interests of the corporation, and, with respect to any criminal action or proceeding, had no
reasonable cause to believe his or her conduct was unlawful. However, a Georgia corporation may not
indemnify a director in connection with (i)&nbsp;a derivative action, except for reasonable expenses
incurred in connection with the proceeding if it is determined that the director has met the
relevant standard of conduct described above; or (ii)&nbsp;any proceeding with respect to conduct for
which he or she was adjudged liable on the basis that an improper personal benefit was received by
such person.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;14-2-855 of the GBCC provides that any indemnification made under the above
provisions, unless pursuant to a court determination, may be made only after a determination that
the person to be indemnified has met the standard of conduct described above. This determination is
to be made by a majority vote of a quorum consisting of disinterested directors of the board of
directors, by duly selected independent legal counsel, or by a majority vote of the disinterested
shareholders. The board of directors also may designate a special committee of two or more
disinterested directors to make this determination.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;14-2-857(a) of the GBCC provides that a Georgia corporation may indemnify an officer
of the corporation who is a party to a proceeding because he or she is an officer of the
corporation (i)&nbsp;to the same extent as a director; and (ii)&nbsp;if he or she is not a director, then to
the extent provided by the articles of incorporation, bylaws, resolution of the board of directors,
or by contract except for liability arising out of conduct involving: (a)&nbsp;appropriation, in
violation of his or her duties, of any business opportunity of the corporation, (b)&nbsp;acts or
omissions that involve intentional misconduct, (c)&nbsp;unlawful distribution of the corporation&#146;s
assets, or (d)&nbsp;receipt of improper personal benefit.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding any of the foregoing, pursuant to Section&nbsp;14-2-852 and Section&nbsp;14-2-857 of the
GBCC, a Georgia corporation must indemnify any director or officer of a corporation who has been
successful in the defense of any proceeding to which he or she was a party because he or she was a
director or officer of the corporation, against reasonable expenses incurred by such person in
connection therewith.


<P align="center" style="font-size: 10pt">II-2</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Article&nbsp;V of the Registrant&#146;s Amended and Restated Bylaws also provides that the Registrant
shall advance expenses incurred by a current or former officer or director with respect to any
proceeding for which indemnification is available if such officer or director complies with the
provisions of applicable law. Pursuant to Sections&nbsp;14-2-853 and 14-2-857 of the GBCC, expenses
incurred by a director or officer in a proceeding to which such person is a party may be paid by
the corporation in advance of the final disposition thereof upon receipt by the corporation of (i)
a written affirmation by such person of his or her good faith belief that he or she has met the
relevant standard of conduct with respect to indemnification or the proceeding involves conduct for
which liability has been eliminated under the corporation&#146;s articles of incorporation and (ii)&nbsp;a
written undertaking by or on behalf of such director or officer to repay such amount if it is
ultimately determined that such director or officer is not entitled to indemnification.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant also has entered into indemnification agreements (each an &#147;Indemnification
Agreement&#148;) with each of its directors and executive officers (each an &#147;Indemnified Party&#148;). The
following is a summary of the material terms of the Indemnification Agreements, which is qualified
in its entirety by reference to the Indemnification Agreement, a copy of which may be obtained from
our filings with the Securities and Exchange Commission. Under the terms of each Indemnification
Agreement, the Registrant agrees to indemnify the Indemnified Party against any and all expenses,
judgments, fines, and amounts paid in settlement actually and reasonably incurred by such person in
connection with any threatened, pending, or completed action, suit, or proceeding, including an
action by or in the right of the Registrant, to which the Indemnified Party is, was or at any time
becomes a party or is threatened to be made a party by reason of the fact that the Indemnified
Party is, was or any time becomes a director, officer, employee or agent of the Registrant or is or
was serving in any such capacity for another entity at the request of the Registrant.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding the foregoing, the Registrant shall not make indemnity payments to the
Indemnified Party if: (i)&nbsp;upon final judgment or adjudication, it is determined that with respect
to expenses, judgments, fines, and settlement amounts to the extent attributable to remuneration
paid or other financial benefit provided to the Indemnified Party, such remuneration or financial
benefit was paid or provided in violation of the Indemnified Party&#146;s duties and obligations to the
Registrant; (ii)&nbsp;judgment is rendered against the Indemnified Party for an accounting of profits in
any law suit brought under Section 16(b) of the Exchange Act relating to short-swing profits from
the purchase and sale of the Registrant&#146;s securities by such Indemnified Party or on account of any
payment made by the Indemnified Party to the Registrant in respect of any claim for such
accounting; (iii)&nbsp;upon final judgment or adjudication, it is determined that the Indemnified
Party&#146;s conduct was knowingly fraudulent, deliberately dishonest, grossly negligent or constituted
willful misconduct; or (iv)&nbsp;a final decision by a court of competent jurisdiction shall determine
that such indemnification is unlawful.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To the extent that indemnification is unavailable to the Indemnified party based upon any of
the foregoing reasons, and the Registrant is jointly liable with the Indemnified Party or would be
if joined to such law suit or proceeding, the Registrant is required to contribute to such
expenses, judgments, fines, penalties, and settlements paid or payable by the Indemnified Party in
such proportion as is appropriate based on the relative fault of the parties and the benefits
received. Any such determination of contribution shall be made by (x)&nbsp;a court of competent
jurisdiction, (y)&nbsp;a majority vote of a quorum of disinterested directors of the Registrant or (z)
the Registrant&#146;s outside legal counsel. Further, the Indemnification Agreement provides for the
advancement of expenses to the Indemnified Party in the same manner and under the same procedures
as set forth in Sections&nbsp;14-2-853 and 14-2-857 of the GBCC as described above. The Indemnification
Agreement also requires


<P align="center" style="font-size: 10pt">II-3</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<P align="left" style="font-size: 10pt">the Indemnified Party to repay any amounts paid with respect to indemnification if it is ultimately
determined that such person is not entitled to indemnification.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, the Registrant&#146;s directors and officers are insured against losses
arising from any claim against them as such for wrongful acts or omissions, subject to certain
limitations.

<!-- link2 "ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED." -->
<DIV align="left"><A NAME="006"></A></DIV>

<P align="left" style="font-size: 10pt"><B>ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.

<!-- link2 "ITEM 8. EXHIBITS." -->
<DIV align="left"><A NAME="007"></A></DIV>

<P align="left" style="font-size: 10pt"><B>ITEM 8. EXHIBITS.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The exhibits included as part of this Registration Statement are as follows:

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="92%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left">Exhibit</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Number</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Description of Exhibits</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amended and Restated Articles of Incorporation of the Registrant, dated April&nbsp;8, 1992, as
amended, incorporated herein by reference to Exhibit&nbsp;3.1 of the Registrant&#146;s Registration
Statement on Form&nbsp;8-A filed with the Commission on August&nbsp;9, 2001.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amended and Restated Bylaws of the Registrant, incorporated herein by reference to Exhibit
3.2 of Registrant&#146;s Registration Statement on Form&nbsp;S-1 (Registration No.&nbsp;33-46645), filed with
the Commission on March&nbsp;25, 1992, and amendments thereto.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">National Vision, Inc. 2004 Equity Incentive Plan dated June&nbsp;29, 2004 incorporated herein by
reference to the Registrant&#146;s Definitive Proxy Statement filed with the Commission on May&nbsp;7,
2004.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">5
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Kilpatrick Stockton LLP.*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Deloitte &#038; Touche LLP.*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Kilpatrick Stockton LLP (included in Exhibit&nbsp;5).*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">24
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney (included on the signature page of this Registration Statement).*</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P>
<HR size="1" width="18%" align="left" noshade color="#000000">

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top">
    <TD width="1%" nowrap align="left">*</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="96%">Exhibit filed herewith.</TD>
</TR>

</TABLE>


<!-- link2 "ITEM 9. UNDERTAKINGS" -->
<DIV align="left"><A NAME="008"></A></DIV>

<P align="left" style="font-size: 10pt"><B>ITEM 9. UNDERTAKINGS</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant hereby undertakes:


<P align="center" style="font-size: 10pt">II-4</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<P align="left" style="margin-left:3%; font-size: 10pt">(a)&nbsp;To file, during any period in which offers or sales are being made of the securities
registered hereby, a post-effective amendment to this Registration Statement:



<P align="left" style="margin-left:6%; font-size: 10pt">(1)&nbsp;To include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act;



<P align="left" style="margin-left:6%; font-size: 10pt">(2)&nbsp;To reflect in the prospectus any facts or events arising after the effective
date of the Registration Statement (or the most recent post-effective amendment
thereof) which, individually or in the aggregate, represent a fundamental change in the
information set forth in the Registration Statement. Notwithstanding the foregoing,
any increase or decrease in volume of securities offered (if the total dollar value of
securities offered would not exceed that which was registered) and any deviation from
the low or high end of the estimated maximum offering range may be reflected in the
form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the
aggregate, the changes in volume and price represent no more than a 20&nbsp;percent change
in the maximum aggregate offering price set forth in the &#147;Calculation of Registration
Fee&#148; table in the effective Registration Statement; and



<P align="left" style="margin-left:6%; font-size: 10pt">(3)&nbsp;To include any material information with respect to the plan of distribution
not previously disclosed in the Registration Statement or any material change to such
information in the Registration Statement;



<P align="left" style="margin-left:6%; font-size: 10pt"><I>provided, however, </I>that paragraphs (a)(1) and (a)(2) do not apply if the information
required to be included in a post-effective amendment by those paragraphs is
contained in periodic reports filed with or furnished to the Commission by the
Registrant pursuant to Section&nbsp;13 or Section 15(d) of the Exchange Act that are
incorporated by reference in the Registration Statement.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(b)&nbsp;&nbsp;</TD>
    <TD>That, for the purpose of determining any liability under the Securities Act,
each such post-effective amendment shall be deemed to be a new Registration Statement
relating to the securities offered therein, and the offering of such securities at that
time shall be deemed to be the initial bona fide offering thereof.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(c)&nbsp;&nbsp;</TD>
    <TD>To remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the offering.</TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned Registrant hereby undertakes that, for purposes of determining any liability
under the Securities Act, each filing of the Registrant&#146;s annual report pursuant to Section 13(a)
or Section 15(d) of the Exchange Act that is incorporated by reference in this Registration
Statement shall be deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar as indemnification for liabilities arising under the Securities Act may be permitted
to directors, officers and controlling persons of the Registrant pursuant to the foregoing
provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission
such indemnification is against public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification against such liabilities (other than
the payment by the Registrant of expenses incurred or paid by a director, officer or controlling
person of the Registrant in the successful defense of any action, suit or proceeding) is asserted
by such director,


<P align="center" style="font-size: 10pt">II-5</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<P align="left" style="font-size: 10pt">officer or controlling person in connection with the securities being registered, the Registrant
will, unless in the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such indemnification by it is
against public policy as expressed in the Securities Act and will be governed by the final
adjudication of such issue.


<P align="center" style="font-size: 10pt">II-6</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="009"></A></DIV>

<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act, the Registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has
duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Atlanta, State of Georgia, on this 3<SUP style="font-size: 85%; vertical-align: text-top">rd</SUP> day of February,
2005.


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>NATIONAL VISION, INC.</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Reade Fahs
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Reade Fahs&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">President and Chief Executive Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<P align="center" style="font-size: 10pt"><B>POWER OF ATTORNEY</B>




<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and
appoints Reade Fahs and Mitchell Goodman, Esq. and each or any one of them, his true and lawful
attorneys-in-fact and agents, having the power of substitution and resubstitution, for them in any
and all capacities, to sign any and all amendments to this Registration Statement on Form S-8 and
to file the same, with exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, hereby ratifying and confirming all that said
attorneys-in-fact, or their substitute or substitutes, may do or cause to be done by virtue hereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act, this Registration Statement has been
signed by the following persons in the capacities indicated on February&nbsp;3, 2005.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="45%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="45%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" nowrap valign="top">/s/ Reade Fahs
<HR size="1" noshade color="#000000">
Reade Fahs</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Chief Executive Officer and President
(Principal Executive Officer)</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">/s/ Paul A. Criscillis, Jr.
<HR size="1" noshade color="#000000">
Paul A. Criscillis, Jr.</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Senior Vice President and
Chief Financial Officer
(Principal Financial
Officer)</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">/s/ Robert E. Schnelle
<HR size="1" noshade color="#000000">
Robert E. Schnelle</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Vice President, Chief
Accounting Officer
(Principal Accounting
Officer)</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">/s/ Peter T. Socha
<HR size="1" noshade color="#000000">
Peter T. Socha</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Chairman of the Board</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">/s/ Robert Floum
<HR size="1" noshade color="#000000">
B. Robert Floum</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">/s/ James W. Krause
<HR size="1" noshade color="#000000">
James W. Krause</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">/s/ Marc B. Nelson
<HR size="1" noshade color="#000000">
Marc B. Nelson</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">/s/ Jeffrey Snow
<HR size="1" noshade color="#000000">
Jeffrey Snow</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">II-7</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link1 "INDEX TO EXHIBITS" -->
<DIV align="left"><A NAME="010"></A></DIV>

<P align="center" style="font-size: 10pt"><B>INDEX TO EXHIBITS</B>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Exhibit</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Number</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Description of Exhibits</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amended and Restated Articles of Incorporation of the Registrant, dated April&nbsp;8, 1992, as
amended, incorporated herein by reference to Exhibit&nbsp;3.1 of the Registrant&#146;s Registration
Statement on Form&nbsp;8-A filed with the Commission on August&nbsp;9, 2001.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amended and Restated Bylaws of the Registrant, incorporated herein by reference to Exhibit
3.2 of Registrant&#146;s Registration Statement on Form&nbsp;S-1 (Registration No.&nbsp;33-46645) filed with
the Commission on March&nbsp;25, 1992, and amendments thereto.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">National Vision, Inc. 2004 Stock Incentive Plan dated June&nbsp;29, 2004 incorporated herein by
reference to the Registrant&#146;s Definitive Proxy Statement filed with the Commission on May&nbsp;7,
2004.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">5
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Kilpatrick Stockton LLP.*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Deloitte &#038; Touche LLP.*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Kilpatrick Stockton LLP (included in Exhibit&nbsp;5).*</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">24
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney (included on the signature page of this Registration Statement).*<BR></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P>
<HR size="1" width="18%" align="left" noshade color="#000000">

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top">
    <TD width="1%" nowrap align="left">*</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="96%">Exhibit filed herewith.</TD>
</TR>

</TABLE>




<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

</BODY>
</HTML>
[{"type": "S-8", "sequence": "1", "filename": "g94376sv8.htm", "description": "NATIONAL VISION, INC.", "secsgml_size_bytes": 50495}]
{"company-data": {"conformed-name": "NATIONAL VISION INC", "cik": "0000868263", "assigned-sic": "5990", "irs-number": "581910859", "state-of-incorporation": "GA", "fiscal-year-end": "0102"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-123908", "film-number": "05737777"}, "business-address": {"street1": "296 GRAYSON HWY", "city": "LAWRENCEVILLE", "state": "GA", "zip": "30045", "phone": "7708223600"}, "mail-address": {"street1": "296 GRAYSON HIGHWAY", "city": "LAWRENCEVILLE", "state": "GA", "zip": "30045"}, "former-company": [{"former-conformed-name": "VISTA EYECARE INC", "date-changed": "19990106"}, {"former-conformed-name": "NATIONAL VISION ASSOCIATES LTD", "date-changed": "19930328"}]}
NATIONAL VISION, INC.
Table of Contents
As filed with the Securities and Exchange Commission on April 6, 2005.
File No. 333-
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
NATIONAL VISION, INC.
(Exact Name of Registrant as Specified in its Charter)
Georgia
(State or Other Jurisdiction of
Incorporation or Organization)
58-1910859
(I.R.S. Employer
Identification Number)
296 Grayson Highway
Lawrenceville, Georgia 30045
(770) 822-3600
(Address and Telephone Number of Issuer's Principal Executive Offices)
National Vision, Inc. 2004 Equity Incentive Plan
(Full Title of the Plan)
Mitchell Goodman, Esq.
Senior Vice President, General Counsel and Secretary
296 Grayson Highway
Lawrenceville, Georgia 30045
(770) 822-3600
(Name, Address and Telephone Number, Including Area Code, of Agent for Service)
Copies to:
David A. Stockton, Esq.
Kilpatrick Stockton LLP
1100 Peachtree Street, N.E.
Atlanta, Georgia 30309-4530
(404) 815-6500
Calculation of Registration Fee
Title of Each
Proposed Maximum
Proposed Maximum
Class of Securities
Amount to
Offering Price
Aggregate
Amount of
to be Registered
be Registered
Per Share
(3)
Offering Price
(3)
Registration Fee
(3)
Common Stock, par
value $0.01 per
share
(1)
375,715 shares
(2)
$
$
1,078,290
$
126.91
(1)
Attached to each share of Common Stock is a right to purchase a fraction of a share of
preferred stock of the Company pursuant to that certain Rights Agreement initially dated as of
January 17, 1997 between the Company and the rights agent thereunder, as amended. No value is
attributable to such rights.
(2)
Pursuant to Rule 416 promulgated under the Securities Act of 1933, as amended, this
registration statement also relates to such indeterminate number of additional shares of
Common Stock of the Registrant as may be issuable in the event of a stock dividend, stock
split, recapitalization, or other similar capital structure, merger consolidation, spin-off,
split-off, spin-out, split-up, reorganization, partial or complete liquidation, or other
distribution of assets, issuance of rights or warrants to purchase securities, or any other
corporate transaction or event having an effect similar to any of the foregoing.
(3)
Upon adoption of the 2004 Equity Incentive Plan by the Registrant's shareholders on June
29, 2004 ("2004 Plan"), the Registrant's 1996 Restated Stock Option and Incentive Plan and
1993 Restated Non-Employee Director Stock Option Plan were terminated and the remaining 30,715
shares and 45,000 shares, respectively, of Common Stock not yet awarded under those plans were
transferred to the 2004 Plan and are included in the 375,715 shares of Common Stock subject to
the 2004 Plan. Pursuant to General Instruction E., no registration fee is included herewith
with respect to the 30,715 shares, and 45,000 shares of Common Stock (collectively, the "Old
Shares") previously registered under Registration No. 333-84287 ($3.703125 per share) and
Registration No. 333-27187 ($4.4375 per share), respectively. As of the date of this
registration statement, the following awards have been made under the 2004 Plan: (i) stock
options to purchase an aggregate of 50,000 shares of Common Stock at $2.30 per share, (ii)
107,500 shares of restricted Common Stock (closing price of $2.30 per share on date of award)
and (iii) 1,500 shares of restricted Common Stock (closing price of $3.60 per share on date of
award). The offering price of $5.04 per share of the
remaining 141,000 shares of Common Stock (excluding the Old Shares), under the 2004 Plan not yet
awarded, has been provided solely for the purpose of calculating the registration fee pursuant to
Rule 457(h) and was calculated based on the average of the high and low prices of a share of the
Registrant's Common Stock, as reported on the American Stock Exchange on March 31, 2005.
TABLE OF CONTENTS
PART I.
PART II.
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.
ITEM 4. DESCRIPTION OF SECURITIES.
ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.
ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.
ITEM 8. EXHIBITS.
ITEM 9. UNDERTAKINGS
SIGNATURES
INDEX TO EXHIBITS
EX-5 OPINION OF KILPATRICK STOCKTON LLP
EX-23.1 CONSENT OF DELOITTE & TOUCHE LLP
Table of Contents
PART I.
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
Information required by Part I to be contained in the Section 10(a) prospectus is omitted from
this Registration Statement in accordance with Rule 428 under the Securities Act of 1933 (the
"Securities Act") and the note to Part I of Form S-8.
PART II.
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.
The following documents are incorporated by reference into this Registration Statement and are
deemed to be a part hereof from the date of the filing of such documents by the Registrant
(Commission No. 001-16635) with the Securities and Exchange Commission:
(1)
The Registrant's Annual Report on Form 10-K for the year ended January 1, 2005.
(2)
The Registrant's Quarterly Reports on Form 10-Q for the periods ended April 3,
July 3, and October 2, 2004 (as amended).
(3)
All other reports filed by the Registrant pursuant to Section 13(a) or 15(d) of
the Securities Exchange Act of 1934 (the "Exchange Act"), since January 3, 2004.
(4)
The description of the Registrant's Common Stock, par value, $0.01 per share,
and attached Purchase rights, contained in the Registrant's Registration Statement on
Form 8-A, filed pursuant to Section 12 of the Exchange Act including all amendments or
reports filed for the purpose of updating such description.
All other documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14
and 15(d) of the Exchange Act prior to the filing of a post-effective amendment hereto which
indicates that all securities offered pursuant to this Registration Statement have been sold or
which deregisters all securities then remaining unsold shall be deemed to be incorporated by
reference herein and made a part hereof from their respective dates of filing. Any statement
contained herein or in any document incorporated or deemed to be incorporated by reference herein
shall be deemed to be modified or superseded for purposes of this Registration Statement to the
extent that a statement contained herein or in any other subsequently filed document that also is
or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any
such statement so modified or superseded shall not be deemed to constitute a part of this
Registration Statement, except as so modified or superseded.
ITEM 4. DESCRIPTION OF SECURITIES.
Not Applicable.
II-1
Table of Contents
ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.
Not Applicable.
ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
The Registrant's Amended and Restated Articles of Incorporation, as amended, provide that no
director will be personally liable to the Registrant or its shareholders for monetary damages for
breach of duty of care or other duty owed to the Registrant as a director, except that such
provision will only eliminate or limit the liability of a director the extent permitted from time
to time by the Georgia Business Corporation Code ("GBCC") or any successor law or laws. Further,
the Registrant's Amended and Restated Bylaws provide that the Registrant shall indemnify each of
its current and former officers and directors (and heirs and legal representatives of such officers
and directors) to the maximum extent permitted by applicable law.
Section 14-2-851 of the GBCC permits a Georgia corporation to indemnify any person who is a
party to any proceeding by reason of the fact that such person is or was a director of the
corporation, against liability incurred in connection with such proceeding if such person acted in
good faith and in a manner such person reasonably believed to be in, or not opposed to, the best
interests of the corporation, and, with respect to any criminal action or proceeding, had no
reasonable cause to believe his or her conduct was unlawful. However, a Georgia corporation may not
indemnify a director in connection with (i) a derivative action, except for reasonable expenses
incurred in connection with the proceeding if it is determined that the director has met the
relevant standard of conduct described above; or (ii) any proceeding with respect to conduct for
which he or she was adjudged liable on the basis that an improper personal benefit was received by
such person.
Section 14-2-855 of the GBCC provides that any indemnification made under the above
provisions, unless pursuant to a court determination, may be made only after a determination that
the person to be indemnified has met the standard of conduct described above. This determination is
to be made by a majority vote of a quorum consisting of disinterested directors of the board of
directors, by duly selected independent legal counsel, or by a majority vote of the disinterested
shareholders. The board of directors also may designate a special committee of two or more
disinterested directors to make this determination.
Section 14-2-857(a) of the GBCC provides that a Georgia corporation may indemnify an officer
of the corporation who is a party to a proceeding because he or she is an officer of the
corporation (i) to the same extent as a director; and (ii) if he or she is not a director, then to
the extent provided by the articles of incorporation, bylaws, resolution of the board of directors,
or by contract except for liability arising out of conduct involving: (a) appropriation, in
violation of his or her duties, of any business opportunity of the corporation, (b) acts or
omissions that involve intentional misconduct, (c) unlawful distribution of the corporation's
assets, or (d) receipt of improper personal benefit.
Notwithstanding any of the foregoing, pursuant to Section 14-2-852 and Section 14-2-857 of the
GBCC, a Georgia corporation must indemnify any director or officer of a corporation who has been
successful in the defense of any proceeding to which he or she was a party because he or she was a
director or officer of the corporation, against reasonable expenses incurred by such person in
connection therewith.
II-2
Table of Contents
Article V of the Registrant's Amended and Restated Bylaws also provides that the Registrant
shall advance expenses incurred by a current or former officer or director with respect to any
proceeding for which indemnification is available if such officer or director complies with the
provisions of applicable law. Pursuant to Sections 14-2-853 and 14-2-857 of the GBCC, expenses
incurred by a director or officer in a proceeding to which such person is a party may be paid by
the corporation in advance of the final disposition thereof upon receipt by the corporation of (i)
a written affirmation by such person of his or her good faith belief that he or she has met the
relevant standard of conduct with respect to indemnification or the proceeding involves conduct for
which liability has been eliminated under the corporation's articles of incorporation and (ii) a
written undertaking by or on behalf of such director or officer to repay such amount if it is
ultimately determined that such director or officer is not entitled to indemnification.
The Registrant also has entered into indemnification agreements (each an "Indemnification
Agreement") with each of its directors and executive officers (each an "Indemnified Party"). The
following is a summary of the material terms of the Indemnification Agreements, which is qualified
in its entirety by reference to the Indemnification Agreement, a copy of which may be obtained from
our filings with the Securities and Exchange Commission. Under the terms of each Indemnification
Agreement, the Registrant agrees to indemnify the Indemnified Party against any and all expenses,
judgments, fines, and amounts paid in settlement actually and reasonably incurred by such person in
connection with any threatened, pending, or completed action, suit, or proceeding, including an
action by or in the right of the Registrant, to which the Indemnified Party is, was or at any time
becomes a party or is threatened to be made a party by reason of the fact that the Indemnified
Party is, was or any time becomes a director, officer, employee or agent of the Registrant or is or
was serving in any such capacity for another entity at the request of the Registrant.
Notwithstanding the foregoing, the Registrant shall not make indemnity payments to the
Indemnified Party if: (i) upon final judgment or adjudication, it is determined that with respect
to expenses, judgments, fines, and settlement amounts to the extent attributable to remuneration
paid or other financial benefit provided to the Indemnified Party, such remuneration or financial
benefit was paid or provided in violation of the Indemnified Party's duties and obligations to the
Registrant; (ii) judgment is rendered against the Indemnified Party for an accounting of profits in
any law suit brought under Section 16(b) of the Exchange Act relating to short-swing profits from
the purchase and sale of the Registrant's securities by such Indemnified Party or on account of any
payment made by the Indemnified Party to the Registrant in respect of any claim for such
accounting; (iii) upon final judgment or adjudication, it is determined that the Indemnified
Party's conduct was knowingly fraudulent, deliberately dishonest, grossly negligent or constituted
willful misconduct; or (iv) a final decision by a court of competent jurisdiction shall determine
that such indemnification is unlawful.
To the extent that indemnification is unavailable to the Indemnified party based upon any of
the foregoing reasons, and the Registrant is jointly liable with the Indemnified Party or would be
if joined to such law suit or proceeding, the Registrant is required to contribute to such
expenses, judgments, fines, penalties, and settlements paid or payable by the Indemnified Party in
such proportion as is appropriate based on the relative fault of the parties and the benefits
received. Any such determination of contribution shall be made by (x) a court of competent
jurisdiction, (y) a majority vote of a quorum of disinterested directors of the Registrant or (z)
the Registrant's outside legal counsel. Further, the Indemnification Agreement provides for the
advancement of expenses to the Indemnified Party in the same manner and under the same procedures
as set forth in Sections 14-2-853 and 14-2-857 of the GBCC as described above. The Indemnification
Agreement also requires
II-3
Table of Contents
the Indemnified Party to repay any amounts paid with respect to indemnification if it is ultimately
determined that such person is not entitled to indemnification.
In addition, the Registrant's directors and officers are insured against losses
arising from any claim against them as such for wrongful acts or omissions, subject to certain
limitations.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.
Not Applicable.
ITEM 8. EXHIBITS.
The exhibits included as part of this Registration Statement are as follows:
Exhibit
Number
Description of Exhibits
4.1
Amended and Restated Articles of Incorporation of the Registrant, dated April 8, 1992, as
amended, incorporated herein by reference to Exhibit 3.1 of the Registrant's Registration
Statement on Form 8-A filed with the Commission on August 9, 2001.
4.2
Amended and Restated Bylaws of the Registrant, incorporated herein by reference to Exhibit
3.2 of Registrant's Registration Statement on Form S-1 (Registration No. 33-46645), filed with
the Commission on March 25, 1992, and amendments thereto.
4.3
National Vision, Inc. 2004 Equity Incentive Plan dated June 29, 2004 incorporated herein by
reference to the Registrant's Definitive Proxy Statement filed with the Commission on May 7,
2004.
5
Opinion of Kilpatrick Stockton LLP.*
23.1
Consent of Deloitte & Touche LLP.*
23.2
Consent of Kilpatrick Stockton LLP (included in Exhibit 5).*
24
Power of Attorney (included on the signature page of this Registration Statement).*
*
Exhibit filed herewith.
ITEM 9. UNDERTAKINGS
The Registrant hereby undertakes:
II-4
Table of Contents
(a) To file, during any period in which offers or sales are being made of the securities
registered hereby, a post-effective amendment to this Registration Statement:
(1) To include any prospectus required by Section 10(a)(3) of the Securities Act;
(2) To reflect in the prospectus any facts or events arising after the effective
date of the Registration Statement (or the most recent post-effective amendment
thereof) which, individually or in the aggregate, represent a fundamental change in the
information set forth in the Registration Statement. Notwithstanding the foregoing,
any increase or decrease in volume of securities offered (if the total dollar value of
securities offered would not exceed that which was registered) and any deviation from
the low or high end of the estimated maximum offering range may be reflected in the
form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the
aggregate, the changes in volume and price represent no more than a 20 percent change
in the maximum aggregate offering price set forth in the "Calculation of Registration
Fee" table in the effective Registration Statement; and
(3) To include any material information with respect to the plan of distribution
not previously disclosed in the Registration Statement or any material change to such
information in the Registration Statement;
provided, however,
that paragraphs (a)(1) and (a)(2) do not apply if the information
required to be included in a post-effective amendment by those paragraphs is
contained in periodic reports filed with or furnished to the Commission by the
Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are
incorporated by reference in the Registration Statement.
(b)
That, for the purpose of determining any liability under the Securities Act,
each such post-effective amendment shall be deemed to be a new Registration Statement
relating to the securities offered therein, and the offering of such securities at that
time shall be deemed to be the initial bona fide offering thereof.
(c)
To remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the offering.
The undersigned Registrant hereby undertakes that, for purposes of determining any liability
under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a)
or Section 15(d) of the Exchange Act that is incorporated by reference in this Registration
Statement shall be deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
Insofar as indemnification for liabilities arising under the Securities Act may be permitted
to directors, officers and controlling persons of the Registrant pursuant to the foregoing
provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission
such indemnification is against public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification against such liabilities (other than
the payment by the Registrant of expenses incurred or paid by a director, officer or controlling
person of the Registrant in the successful defense of any action, suit or proceeding) is asserted
by such director,
II-5
Table of Contents
officer or controlling person in connection with the securities being registered, the Registrant
will, unless in the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such indemnification by it is
against public policy as expressed in the Securities Act and will be governed by the final
adjudication of such issue.
II-6
Table of Contents
SIGNATURES
Pursuant to the requirements of the Securities Act, the Registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has
duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Atlanta, State of Georgia, on this 3
rd
day of February,
2005.
NATIONAL VISION, INC.
By:
/s/ Reade Fahs
Reade Fahs
President and Chief Executive Officer
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and
appoints Reade Fahs and Mitchell Goodman, Esq. and each or any one of them, his true and lawful
attorneys-in-fact and agents, having the power of substitution and resubstitution, for them in any
and all capacities, to sign any and all amendments to this Registration Statement on Form S-8 and
to file the same, with exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, hereby ratifying and confirming all that said
attorneys-in-fact, or their substitute or substitutes, may do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act, this Registration Statement has been
signed by the following persons in the capacities indicated on February 3, 2005.
/s/ Reade Fahs
Reade Fahs
Chief Executive Officer and President
(Principal Executive Officer)
/s/ Paul A. Criscillis, Jr.
Paul A. Criscillis, Jr.
Senior Vice President and
Chief Financial Officer
(Principal Financial
Officer)
/s/ Robert E. Schnelle
Robert E. Schnelle
Vice President, Chief
Accounting Officer
(Principal Accounting
Officer)
/s/ Peter T. Socha
Peter T. Socha
Chairman of the Board
/s/ Robert Floum
B. Robert Floum
Director
/s/ James W. Krause
James W. Krause
Director
/s/ Marc B. Nelson
Marc B. Nelson
Director
/s/ Jeffrey Snow
Jeffrey Snow
Director
II-7
Table of Contents
INDEX TO EXHIBITS
Exhibit
Number
Description of Exhibits
4.1
Amended and Restated Articles of Incorporation of the Registrant, dated April 8, 1992, as
amended, incorporated herein by reference to Exhibit 3.1 of the Registrant's Registration
Statement on Form 8-A filed with the Commission on August 9, 2001.
4.2
Amended and Restated Bylaws of the Registrant, incorporated herein by reference to Exhibit
3.2 of Registrant's Registration Statement on Form S-1 (Registration No. 33-46645) filed with
the Commission on March 25, 1992, and amendments thereto.
4.3
National Vision, Inc. 2004 Stock Incentive Plan dated June 29, 2004 incorporated herein by
reference to the Registrant's Definitive Proxy Statement filed with the Commission on May 7,
2004.
5
Opinion of Kilpatrick Stockton LLP.*
23.1
Consent of Deloitte & Touche LLP.*
23.2
Consent of Kilpatrick Stockton LLP (included in Exhibit 5).*
24
Power of Attorney (included on the signature page of this Registration Statement).*
*
Exhibit filed herewith.