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<TITLE>sv8</TITLE>
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<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="right" style="font-size: 10pt; margin-top: 12pt">Registration No.333- ______
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>As filed with the Securities and Exchange Commission<BR>
on March 8, 2006</B></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>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

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

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM S-8</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>PLATO LEARNING, INC.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</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>Delaware</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>36-3660532</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction of
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer Identification No.)</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">incorporation or organization)</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>10801 Nesbitt Avenue South<BR>
Bloomington, Minnesota 55437<BR>
(952)&nbsp;832-1000</B><BR>
(Address, including ZIP code, and telephone number, including area code,<BR>
of registrant&#146;s principal executive offices)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>PLATO LEARNING, INC.</B></DIV>

<DIV align="center" style="font-size: 10pt"><B>2006 STOCK INCENTIVE PLAN</B></DIV>


<DIV align="center" style="font-size: 10pt">(Full title of incentive plan)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="80%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="5%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="55%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Michael A. Morache</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Copy to:</B></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>President and Chief</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Leland E. Hutchinson, Esq.</B></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Executive Officer</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Winston &#038; Strawn LLP</B></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>PLATO Learning, Inc.</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>35 West Wacker Drive</B></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>10801 Nesbitt Avenue South</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Chicago, Illinois 60601</B></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Bloomington, Minnesota 55437</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>(312)&nbsp;558-7336</B></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>(952)&nbsp;832-1000</B></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">(Name, address, including ZIP code, and telephone number, including area code, of agent for service)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>CALCULATION OF REGISTRATION FEE</B></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="1%">&nbsp;</TD>
    <TD width="54%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>
</TR><TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="19" style="border-bottom: 3px double #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

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

    <TD nowrap align="center">Title of securities</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">Amount to be</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">maximum offering</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">maximum aggregate</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center">to be registered</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">registered (1)</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">price per share(2)</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">offering price(2)</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">Amount of registration fee(3)</TD>
    <TD>&nbsp;</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 $.01
per share
</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 align="left" valign="top" style="border-top: 2px solid #000000">1,794,904<BR>
shares
</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 align="left" valign="top" style="border-top: 2px solid #000000">See Explanatory<BR>
Note on page 1
</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 align="center" colspan="2" valign="top" style="border-top: 2px solid #000000">$20,075,217</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 align="center" colspan="2" valign="top" style="border-top: 2px solid #000000">$11,629.70</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="19" style="border-top: 3px double #000000">&nbsp;</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>
<DIV style="margin-top: 3pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">(1)</TD>
    <TD>&nbsp;</TD>
    <TD>Also registered hereby are such additional and indeterminable number of shares of Common
Stock as may become issuable due to adjustments for changes resulting from stock dividends, stock
splits and similar changes.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(2)</TD>
    <TD>&nbsp;</TD>
    <TD>Calculated pursuant to Rule 457(c) and (h)&nbsp;of the Securities Act of 1933, as amended, for
purposes of calculating the maximum aggregate offering price and registration fee. See Explanatory
Note on page 1.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(3)</TD>
    <TD>&nbsp;</TD>
    <TD>Registration fees have been paid with respect to all shares under the following registration
statements of the registrant: Nos.&nbsp;333-30963 and 333-30965 (both filed July&nbsp;9, 1997), Nos. 333-45228
and 333-45230 (both filed September&nbsp;6, 2000), and No.&nbsp;333-111320 (filed December&nbsp;18, 2003). Post
effective amendments have been filed de-registering all such shares under such registration
statements. See Explanatory Note on page 1.</TD>
</TR>

</TABLE>

</DIV>

<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>

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<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></TD><TD colspan="8"><A HREF="#000">Item&nbsp;3. Incorporation of Certain Documents by Reference</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#001">Item&nbsp;4. Description of Securities</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#002">Item&nbsp;5. Interests of Named Experts and Counsel</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#003">Item&nbsp;6. Indemnification of Directors and Officers</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#004">Item&nbsp;7. Exemption from Registration Claimed</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#005">Item&nbsp;8. Exhibits</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#006">Item&nbsp;9. Undertakings</A></TD></TR>
<TR><TD colspan="9"><A HREF="#007"> SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#008"> INDEX TO EXHIBITS TO REGISTRATION STATEMENT ON FORM S-8</A></TD></TR>
<TR><TD colspan="9"><A HREF="c03224exv4w1.htm">2006 Stock Incentive Plan</A></TD></TR>
<TR><TD colspan="9"><A HREF="c03224exv4w2.htm">Forms of Awards Agreements</A></TD></TR>
<TR><TD colspan="9"><A HREF="c03224exv4w3.htm">Resolutions adopted by the Board of Directors</A></TD></TR>
<TR><TD colspan="9"><A HREF="c03224exv5w1.htm">Opinion/Consent of Winston & Strawn LLP</A></TD></TR>
<TR><TD colspan="9"><A HREF="c03224exv23w1.htm">Consent of Winston & Strawn LLP</A></TD></TR>
<TR><TD colspan="9"><A HREF="c03224exv23w2.htm">Consent of PricewaterhouseCoopers LLP</A></TD></TR>
<TR><TD colspan="9"><A HREF="c03224exv24w1.htm">Powers of Attorney</A></TD></TR>
</TABLE>
</CENTER>
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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>





<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U><B>Explanatory Note</B></U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On March&nbsp;2, 2006, the shareholders of PLATO Learning, Inc., adopted the PLATO Learning, Inc.
2006 Stock Incentive Plan (the &#147;Plan&#148;). The Plan does not call for any shares to be issued that
have not been previously registered with the Securities and Exchange Commission under certain prior
stock option and stock incentive plans of the company. Instead, the Plan provides that the total
number of shares available for issuance in connection with awards under the Plan is equal to the
sum of (i)&nbsp;the shares remaining under the following prior plans (the &#147;Prior Plans&#148;) and (ii)&nbsp;the
shares subject to an award under the Plan or the Prior Plans that, after the effective date of the
Plan, expires without being exercised, or is forfeited, canceled, settled, or otherwise terminated
without a distribution of shares to a participant: the TRO Learning Inc. 1997 Stock Incentive Plan
(Registration No.&nbsp;333-30963), the TRO Learning, Inc. 1997 Non-Employee Directors Stock Option Plan
(Registration No.&nbsp;333-30965), the PLATO Learning, Inc. 2000 Stock Incentive Plan (Registration No.
333-45228), the PLATO Learning, Inc. 2000 Non-Employee Directors Stock Option Plan (Registration
No.&nbsp;333-45230), and the PLATO Learning, Inc. 2002 Stock Plan (Registration Nos. 333-84592 and
333-111320). All of the shares being registered hereunder have been previously registered in the
registration statements with respect to the Prior Plans. The Company has filed post-effective
amendments to the registration statements under the Prior Plans, de-registering the shares carried
over from the Prior Plans and included in this registration statement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The amount of the registration fee is a combination of the amounts used in calculating the
portion of the registration fee carried over from prior registration statements as follows.
</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="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">Proposed Maximum</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">Proposed</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center">Registration</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">Offering Price Per</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">Maximum</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">Amount of</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Statement</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000">Carried Over Shares</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000">Share (1)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000">Offering Price</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000">Registration Fee</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">333-30963</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">51,868</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">8.875</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">460,329</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">139.49</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">333-30965</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">15,333</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">8.875</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">136,080</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">41.24</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">333-45228</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">566,825</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13.4687</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7,634,396</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2,015.49</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">333-45230</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20,250</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">13.4687</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">272,741</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">72.00</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">333-111320</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,140,628</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10.145</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11,571,671</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9,361.48</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap colspan="2" align="right" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1,794,904</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">20,075,217</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">11,629.70</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">(1)</TD>
    <TD>&nbsp;</TD>
    <TD>Based respectively on the average of the high and low prices of the common stock of the
Company on the Nasdaq National Market System on: July&nbsp;1, 1997; July&nbsp;1, 1997; August&nbsp;30, 2000;
August&nbsp;30, 2000; and December&nbsp;11, 2003.</TD>
</TR>

</TABLE>





<!-- link2 "Item&nbsp;3. Incorporation of Certain Documents by Reference" -->
<DIV align="left"><A NAME="000"></A></DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;3. Incorporation of Certain Documents by Reference</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents filed with the Securities and Exchange Commission (the &#147;Commission&#148;)
by PLATO Learning, Inc. (the &#147;Company&#148;) are incorporated by reference into this Registration
Statement and made part hereof:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;the Company&#146;s Annual Report on form 10-K for the fiscal year ended October&nbsp;31, 2005, filed
with the Commission on January&nbsp;17, 2006;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;the Company&#146;s Definitive Proxy Statement on Schedule&nbsp;14A, filed with the Commission on
January&nbsp;23, 2006;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;the description of the Company&#146;s common stock, par value $.01 per share, contained in the
Company&#146;s Registration Statement on Form 8-A, filed with the Commission on November&nbsp;12, 1992, (File
no. 0-20842 under the Securities Exchange Act of 1934, including any subsequent amendment or any
report filed for the purpose of updating such description.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents filed by the Company pursuant to Sections&nbsp;13(a), 13(c), 14 or 15(d) of the
Exchange Act after the date of this Registration Statement and prior to the filing of a
post-effective amendment which indicates
</DIV>

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



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">that all securities offered hereby have been sold or which deregisters all securities then
remaining unsold are deemed to be incorporated by reference into this Registration Statement and to
be a part hereof from the respective dates of filing of such documents.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any statement contained in a 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 which 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, except as so modified or superseded,
to constitute a part of this Registration Statement.
</DIV>
<!-- link2 "Item&nbsp;4. Description of Securities" -->
<DIV align="left"><A NAME="001"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;4. Description of Securities.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable
</DIV>
<!-- link2 "Item&nbsp;5. Interests of Named Experts and Counsel" -->
<DIV align="left"><A NAME="002"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;5. Interests of Named Experts and Counsel.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable
</DIV>
<!-- link2 "Item&nbsp;6. Indemnification of Directors and Officers" -->
<DIV align="left"><A NAME="003"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;6. Indemnification of Directors and Officers.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;145 of the Delaware General Corporation Law provides the following:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;A corporation shall have power to indemnify any person who was or is a party or is
threatened to be made a party to any threatened, pending or completed action, suit or proceeding,
whether civil, criminal, administrative or investigative (other than an action by or in the right
of the corporation) by reason of the fact that he is or was a director, officer, employee or agent
of the corporation, or is or was serving at the request of the corporation as a director, officer,
employee or agent of another corporation, partnership, joint venture, trust or other enterprise,
against expenses (including attorneys&#146; fees), judgments, fines and amounts paid in settlement
actually and reasonably incurred by him in connection with such action, suit or proceeding if he
acted in good faith and in a manner he 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 conduct was unlawful. The termination of any action, suit or
proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its
equivalent, shall not, of itself, create a presumption that the person did not act in good faith
and in a manner which he 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 reasonable cause to
believe that his conduct was unlawful.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;A corporation shall have power to indemnify any person who was or is a party or is
threatened to be made a party to any threatened, pending or completed action or suit by or in the
right of the corporation to procure a judgment in its favor by reason of the fact that he is or was
a director, officer, employee or agent of the corporation or is or was serving at the request of
the corporation as a director, officer, employee or agent of another corporation, partnership,
joint venture, trust or other enterprise against expenses (including attorneys&#146; fees) actually and
reasonably incurred by him in connection with the defense or settlement of such action or suit if
he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best
interests of the corporation and except that no indemnification shall be made in respect of any
claim, issue or matter as to which such person shall have been adjudged to be liable to the
corporation unless and only to the extent that the Court of Chancery or the court in which such
action or suit was brought shall determine upon application that, despite the adjudication of
liability but in view of all the circumstances of the case, such person is fairly and reasonably
entitled to indemnity for such expense which the Court of Chancery or such other court shall deem
proper.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under the provisions of the Company&#146;s By-laws, each person who was or is made a party or is
threatened to be made a party to or is involved in any action, suit or proceeding, whether civil,
criminal, administrative or investigative (hereinafter a &#147;proceeding&#148;), by reason of the fact that
he or she, or a person of whom he or she is the legal representative, is or was a director or
officer of the corporation or is or was serving at the request of the corporation as a director,
officer, employee, fiduciary, or agent of another corporation or of a partnership, joint venture,
trust or other enterprise, shall be indemnified and held harmless by the corporation to the fullest
extent
</DIV>

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

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<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">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">which it is empowered to do so by the General Corporation Law of the State of Delaware, as the same
exists or may hereafter be amended (but, in the case of any such amendment, only to the extent that
such amendment permits the corporation to provide broader indemnification rights than said law
permitted the corporation to provide prior to such amendment) against all expense, liability and
loss (including attorneys&#146; fees actually and reasonably incurred by such person in connection with
such proceeding and such indemnification shall inure to the benefit of his or her heirs, executors
and administrators; provided, however, that, except as provided in Section&nbsp;2 of the Company&#146;s
By-laws, the corporation shall indemnify any such person only if such proceeding was authorized by
the board of directors of the corporation. The right to indemnification conferred in the By-laws
is a contract right and, subject to Sections&nbsp;2 and 5 of the Company&#146;s By-laws, shall include the
right to be paid by the corporation the expenses incurred in defending any such proceeding in
advance of its final disposition. The corporation may, by action of its board of directors,
provide indemnification to employees and agents of the corporation with the same scope and effect
as the foregoing indemnification of directors and officers.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company has entered into indemnification agreements with its directors and executive
officers which provide indemnification to the full extent permitted by the Company&#146;s By-laws. Such
agreements also provide for the advancement to indemnified persons of litigation costs and
expenses.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company&#146;s Certificate of Incorporation provides that to the fullest extent permitted by
the Delaware Law, a director of the Company shall not be liable to the Company or its stockholders
for a breach of fiduciary duty as a director.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company maintains directors&#146; and officers&#146; liability insurance which insures the directors
and officers of the Company and its subsidiaries against damages, judgments, settlements and costs
incurred by reason of certain acts committed by such persons in their capacities as officers and
directors.
</DIV>
<!-- link2 "Item&nbsp;7. Exemption from Registration Claimed" -->
<DIV align="left"><A NAME="004"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;7. Exemption from Registration Claimed.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Not applicable
</DIV>

<!-- link2 "Item&nbsp;8. Exhibits" -->
<DIV align="left"><A NAME="005"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;8. Exhibits.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Exhibit&nbsp;Number Description of Exhibit
</DIV>


<DIV style="margin-top: 6pt">
<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%" nowrap align="left">3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Certificate of Amendment of Certificate of Incorporation dated November&nbsp;6, 1992, filed as an
exhibit to the Company&#146;s Quarterly Report on Form 10-Q for the period ended April&nbsp;30,2002
(File No.&nbsp;0-20842) and incorporated herein by reference.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Certificate of Amendment of Amended Certificate of Incorporation dated March&nbsp;31, 2000, filed
as an exhibit to the Company&#146;s Annual Report on Form 10-K for the year ended October&nbsp;31,2001
(File No.&nbsp;0-20842 and incorporated herein by reference.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">3.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Certificate of Amendment of Amended Certificate of Incorporation dated March&nbsp;20, 2002, filed
as an exhibit to the Company&#146;s Quarterly Report on Form 10-Q for the period ended April&nbsp;30,
2002 (File No.&nbsp;0-20842) and incorporated herein by reference.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">3.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Amended and Restated Bylaws of the Company filed as an exhibit to Form 8-K filed September
15, 2005 (File No.&nbsp;0-20842) and incorporated herein by reference.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>PLATO Learning, Inc. 2006 Stock Incentive Plan*</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Forms of award agreements under PLATO Learning, Inc. 2006 Stock Incentive Plan*</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<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="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Employee Stock Option Agreement</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Employee Stock Option Agreement&#151;Section&nbsp;16 employees</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Employee Stock Option Agreement&#151;Double Trigger Change of Control</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Non-Employee Director Stock Option Agreement</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(e)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Non-Employee Director Restricted Stock Agreement</TD>
</TR>

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


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<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%" nowrap align="left">4.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Resolutions adopted by the board of directors of PLATO Learning, Inc. with regard to certain
awards under the 2006 Stock Incentive Plan.*</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<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%" nowrap align="left">5.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Opinion of Winston &#038; Strawn LLP as to the legality of the securities being registered.*</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">

    <TD width="3%" nowrap align="left">23.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Consent of Winston &#038; Strawn LLP (included in the opinion filed as Exhibit&nbsp;5.1).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">

    <TD width="3%" nowrap align="left">23.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Consent of PricewaterhouseCoopers LLP.*</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">

    <TD width="3%" nowrap align="left">24.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Powers of Attorney (including in the signature page hereof).*</TD>
</TR>

</TABLE>
</DIV>


<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Filed herewith</TD>
</TR>

</TABLE>


<!-- link2 "Item&nbsp;9. Undertakings" -->
<DIV align="left"><A NAME="006"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9. Undertakings</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned registrant hereby undertakes
</DIV>


<DIV style="margin-top: 6pt">
<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="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>To file, during any period in which offers or sales are being
made, a post-effective amendment to this registration statement:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<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="8%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>To include any prospectus required by Section
10(a)(3) of the Securities Act of 1933;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="8%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>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.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="8%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(iii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>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;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<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="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><I>&nbsp;</I></TD>
    <TD width="1%"><I>&nbsp;</I></TD>
    <TD><I>provided, however</I>, that paragraphs (a)(1)(i) and (a)(1)(ii) of this section
do not apply if the information required to be included in a post-effective
amendment by those paragraphs is contained reports filed with or furnished
to the Commission by the registrant pursuant to section 13 or section 15(d)
of the Securities Exchange Act of 1934 that are incorporated by reference in
the registration statement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>That, for the purpose of determining any liability under the
Securities Act of 1933, 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 style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(3)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>To remove from registration by means of post-effective
amendment any of the securities being registered which remain unsold at the
termination of the offering.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="margin-left: 9%; text-indent: -5%; margin-right: 0%; font-size: 10pt; margin-top: 6pt">The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
registrant&#146;s annual report pursuant to Section 13(a) or 15(d) of the Securities
Exchange Act of 1934 (and, where applicable, each filing of an employee benefit
plan&#146;s annual report pursuant to Section 15(d) of the Securities Exchange Act
of 1934) that is incorporated by reference in the 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.</DIV>


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




<DIV align="left" style="margin-left: 9%; text-indent: -5%; margin-right: 0%; font-size: 10pt; margin-top: 6pt">Insofar as indemnification for liabilities arising under the Securities Act of 1933
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 Securities and Exchange Commission
such indemnification is against public policy as expressed in the 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
directors, 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 Act and will be governed by the final
adjudication of such issue.</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</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="007"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended, the Company 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 Bloomington, State of
Minnesota, on this 8th&nbsp;day of
March, 2006.
</DIV>

<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">PLATO LEARNING, INC.<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/ Michael A. Morache
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Michael A. Morache&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left"><I>President and Chief Executive Officer</I>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1933, this registration
statement has been signed by the following persons in the capacities and on the dates indicated.
</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="35%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Signature</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Title</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Date</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</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">/s/ Michael A. Morache
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Michael A. Morache
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;President
and Chief Executive
Officer (Principal Executive Officer) and
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left"  nowrap valign="top">March 8, 2006</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</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">/s/ Laurence L. Betterley
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Laurence L. Betterley
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Senior
Vice President and Chief Financial
Officer (Principal Financial Officer)
</TD>
    <TD>&nbsp;</TD>
    <TD align="left"  nowrap valign="top">March 8, 2006</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</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">/s/ Robert J. Rueckl
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Robert J. Rueckl
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Vice
President, Controller and Chief
Accounting Officer
</TD>
    <TD>&nbsp;</TD>
    <TD align="left"  nowrap valign="top">March 8, 2006</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</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">/s/ Joseph Duffy *
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Joseph Duffy
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left"  nowrap valign="top">March 8, 2006</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</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">/s/ Ruth Greenstein *
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Ruth Greenstein
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left"  nowrap valign="top">March 8, 2006</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</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">/s/ Thomas G. Hudson *
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Thomas G. Hudson
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left"  nowrap valign="top">March 8, 2006</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</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">/s/ Debra A. Janssen *
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Debra A. Janssen
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left"  nowrap valign="top">March 8, 2006</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</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">/s/ Susan E. Knight *
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Susan E. Knight
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left"  nowrap valign="top">March 8, 2006</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</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">/s/ M. Lee Pelton *
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
M. Lee Pelton
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left"  nowrap valign="top">March 8, 2006</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</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">/s/ John T. Sanders *
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
John T. Sanders
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left"  nowrap valign="top">March 8, 2006</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</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">/s/ David W. Smith *
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
David W. Smith
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left"  nowrap valign="top">March 8, 2006</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">*By
Michael A. Morache, attorney in fact.
</DIV>


<P align="center" style="font-size: 10pt">&nbsp;
</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 TO REGISTRATION STATEMENT ON FORM S-8" -->
<DIV align="left"><A NAME="008"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>INDEX TO EXHIBITS TO REGISTRATION STATEMENT ON FORM S-8</B>
</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="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD nowrap width="4%">&nbsp;&nbsp;</TD>
    <TD width="88%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" colspan="3" style="border-bottom: 0px solid #000000">Exhibit Number</TD>
<TD></TD>
    <TD nowrap align="left" style="border-bottom: 0px solid #000000">Description of Exhibit</TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">3.1</TD>
    <TD nowrap valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Certificate of Amendment of Certificate of Incorporation dated November&nbsp;6, 1992, filed as an
exhibit to the Company&#146;s Quarterly Report on Form&nbsp;10-Q for the period ended April&nbsp;30,2002
(File No.&nbsp;0-20842) and incorporated herein by reference.</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space --> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">3.2</TD>
    <TD nowrap valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Certificate of Amendment of Amended Certificate of Incorporation dated March&nbsp;31, 2000, filed
as an exhibit to the Company&#146;s Annual Report on Form&nbsp;10-K for the year ended October&nbsp;31,2001
(File No.&nbsp;0-20842 and incorporated herein by reference.</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space --> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">3.3</TD>
    <TD nowrap valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Certificate of Amendment of Amended Certificate of Incorporation dated March&nbsp;20, 2002, filed
as an exhibit to the Company&#146;s Quarterly Report on Form&nbsp;10-Q for the period ended April&nbsp;30,
2002 (File No.&nbsp;0-20842) and incorporated herein by reference.</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space --> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">3.4</TD>
    <TD nowrap valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Amended and Restated Bylaws of the Company filed as an exhibit to Form&nbsp;8-K filed September
15, 2005 (File No.&nbsp;0-20842) and incorporated herein by reference.</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space --> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">4.1</TD>
    <TD nowrap valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">PLATO Learning, Inc. 2006 Stock Incentive Plan *</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space --> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">4.2</TD>
    <TD nowrap valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Forms of award agreements under PLATO Learning, Inc. 2006 Stock Incentive Plan *</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space --> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(a) Employee Stock Option Agreement</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space --> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(b) Employee Stock Option Agreement&#151;Section&nbsp;16 employees</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space --> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(c) Employee Stock Option Agreement&#151;Double Trigger Change of Control</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space --> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(d) Non-Employee Director Stock Option Agreement</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space --> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">(e) Non-Employee Director Restricted Stock Agreement</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space --> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">4.3</TD>
    <TD nowrap valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Resolutions adopted by the board of directors of PLATO Learning, Inc. with regard to certain
awards under the 2006 Stock Incentive Plan.*</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space --> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">5.1</TD>
    <TD nowrap valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Opinion of Winston &#038; Strawn LLP as to the legality of the securities being registered.*</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space --> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">23.1</TD>
    <TD nowrap valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Consent of Winston &#038; Strawn LLP (included in the opinion filed as Exhibit 5.1).</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space --> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">23.2</TD>
    <TD nowrap valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Consent of PricewaterhouseCoopers LLP*.</DIV></TD>
</TR>
<TR valign="bottom"><!-- Blank Space --> <TD colspan="2" align="left" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom"> <TD colspan="2" align="left" valign="top">24.1</TD>
    <TD nowrap valign="top">&nbsp;</TD>
<TD></TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Powers of Attorney.*</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
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    <TD>Filed herewith</TD>
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{"company-data": {"conformed-name": "PLATO LEARNING INC", "cik": "0000893965", "assigned-sic": "2741", "irs-number": "363660532", "state-of-incorporation": "DE", "fiscal-year-end": "1031"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-132290", "film-number": "06674250"}, "business-address": {"street1": "10801 NESBITT AVENUE SOUTH", "city": "BLOOMINGTON", "state": "MN", "zip": "55437", "phone": "8477817800"}, "mail-address": {"street1": "10801 NESBITT AVENUE SOUTH", "city": "BLOOMINGTON", "state": "MN", "zip": "55437"}, "former-company": {"former-conformed-name": "TRO LEARNING INC", "date-changed": "19940218"}}
sv8
Table of Contents
Registration No.333- ______
As filed with the Securities and Exchange Commission
on March 8, 2006
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
PLATO LEARNING, INC.
(Exact name of registrant as specified in its charter)
Delaware
36-3660532
(State or other jurisdiction of
(IRS Employer Identification No.)
incorporation or organization)
10801 Nesbitt Avenue South
Bloomington, Minnesota 55437
(952) 832-1000
(Address, including ZIP code, and telephone number, including area code,
of registrant's principal executive offices)
PLATO LEARNING, INC.
2006 STOCK INCENTIVE PLAN
(Full title of incentive plan)
Michael A. Morache
Copy to:
President and Chief
Leland E. Hutchinson, Esq.
Executive Officer
Winston & Strawn LLP
PLATO Learning, Inc.
35 West Wacker Drive
10801 Nesbitt Avenue South
Chicago, Illinois 60601
Bloomington, Minnesota 55437
(312) 558-7336
(952) 832-1000
(Name, address, including ZIP code, and telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
Proposed
Proposed
Title of securities
Amount to be
maximum offering
maximum aggregate
to be registered
registered (1)
price per share(2)
offering price(2)
Amount of registration fee(3)
Common
Stock, par
value $.01
per share
1,794,904
shares
See Explanatory
Note on page 1
$20,075,217
$11,629.70
(1)
Also registered hereby are such additional and indeterminable number of shares of Common
Stock as may become issuable due to adjustments for changes resulting from stock dividends, stock
splits and similar changes.
(2)
Calculated pursuant to Rule 457(c) and (h) of the Securities Act of 1933, as amended, for
purposes of calculating the maximum aggregate offering price and registration fee. See Explanatory
Note on page 1.
(3)
Registration fees have been paid with respect to all shares under the following registration
statements of the registrant: Nos. 333-30963 and 333-30965 (both filed July 9, 1997), Nos. 333-45228
and 333-45230 (both filed September 6, 2000), and No. 333-111320 (filed December 18, 2003). Post
effective amendments have been filed de-registering all such shares under such registration
statements. See Explanatory Note on page 1.
TABLE OF CONTENTS
Item 3. Incorporation of Certain 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 TO REGISTRATION STATEMENT ON FORM S-8
2006 Stock Incentive Plan
Forms of Awards Agreements
Resolutions adopted by the Board of Directors
Opinion/Consent of Winston & Strawn LLP
Consent of Winston & Strawn LLP
Consent of PricewaterhouseCoopers LLP
Powers of Attorney
Table of Contents
Explanatory Note
On March 2, 2006, the shareholders of PLATO Learning, Inc., adopted the PLATO Learning, Inc.
2006 Stock Incentive Plan (the "Plan"). The Plan does not call for any shares to be issued that
have not been previously registered with the Securities and Exchange Commission under certain prior
stock option and stock incentive plans of the company. Instead, the Plan provides that the total
number of shares available for issuance in connection with awards under the Plan is equal to the
sum of (i) the shares remaining under the following prior plans (the "Prior Plans") and (ii) the
shares subject to an award under the Plan or the Prior Plans that, after the effective date of the
Plan, expires without being exercised, or is forfeited, canceled, settled, or otherwise terminated
without a distribution of shares to a participant: the TRO Learning Inc. 1997 Stock Incentive Plan
(Registration No. 333-30963), the TRO Learning, Inc. 1997 Non-Employee Directors Stock Option Plan
(Registration No. 333-30965), the PLATO Learning, Inc. 2000 Stock Incentive Plan (Registration No.
333-45228), the PLATO Learning, Inc. 2000 Non-Employee Directors Stock Option Plan (Registration
No. 333-45230), and the PLATO Learning, Inc. 2002 Stock Plan (Registration Nos. 333-84592 and
333-111320). All of the shares being registered hereunder have been previously registered in the
registration statements with respect to the Prior Plans. The Company has filed post-effective
amendments to the registration statements under the Prior Plans, de-registering the shares carried
over from the Prior Plans and included in this registration statement.
The amount of the registration fee is a combination of the amounts used in calculating the
portion of the registration fee carried over from prior registration statements as follows.
Proposed Maximum
Proposed
Registration
Offering Price Per
Maximum
Amount of
Statement
Carried Over Shares
Share (1)
Offering Price
Registration Fee
333-30963
51,868
$
8.875
$
460,329
$
139.49
333-30965
15,333
8.875
136,080
41.24
333-45228
566,825
13.4687
7,634,396
2,015.49
333-45230
20,250
13.4687
272,741
72.00
333-111320
1,140,628
10.145
11,571,671
9,361.48
Total
1,794,904
$
20,075,217
$
11,629.70
(1)
Based respectively on the average of the high and low prices of the common stock of the
Company on the Nasdaq National Market System on: July 1, 1997; July 1, 1997; August 30, 2000;
August 30, 2000; and December 11, 2003.
Item 3. Incorporation of Certain Documents by Reference
The following documents filed with the Securities and Exchange Commission (the "Commission")
by PLATO Learning, Inc. (the "Company") are incorporated by reference into this Registration
Statement and made part hereof:
(a) the Company's Annual Report on form 10-K for the fiscal year ended October 31, 2005, filed
with the Commission on January 17, 2006;
(b) the Company's Definitive Proxy Statement on Schedule 14A, filed with the Commission on
January 23, 2006;
(c) the description of the Company's common stock, par value $.01 per share, contained in the
Company's Registration Statement on Form 8-A, filed with the Commission on November 12, 1992, (File
no. 0-20842 under the Securities Exchange Act of 1934, including any subsequent amendment or any
report filed for the purpose of updating such description.
All documents filed by the Company pursuant to Sections 13(a), 13(c), 14 or 15(d) of the
Exchange Act after the date of this Registration Statement and prior to the filing of a
post-effective amendment which indicates
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that all securities offered hereby have been sold or which deregisters all securities then
remaining unsold are deemed to be incorporated by reference into this Registration Statement and to
be a part hereof from the respective dates of filing of such documents.
Any statement contained in a 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 which 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, except as so modified or superseded,
to constitute a part of this Registration Statement.
Item 4. Description of Securities.
Not applicable
Item 5. Interests of Named Experts and Counsel.
Not applicable
Item 6. Indemnification of Directors and Officers.
Section 145 of the Delaware General Corporation Law provides the following:
(a) A corporation shall have power to indemnify any person who was or is a party or is
threatened to be made a party to any threatened, pending or completed action, suit or proceeding,
whether civil, criminal, administrative or investigative (other than an action by or in the right
of the corporation) by reason of the fact that he is or was a director, officer, employee or agent
of the corporation, or is or was serving at the request of the corporation as a director, officer,
employee or agent of another corporation, partnership, joint venture, trust or other enterprise,
against expenses (including attorneys' fees), judgments, fines and amounts paid in settlement
actually and reasonably incurred by him in connection with such action, suit or proceeding if he
acted in good faith and in a manner he 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 conduct was unlawful. The termination of any action, suit or
proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its
equivalent, shall not, of itself, create a presumption that the person did not act in good faith
and in a manner which he 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 reasonable cause to
believe that his conduct was unlawful.
(b) A corporation shall have power to indemnify any person who was or is a party or is
threatened to be made a party to any threatened, pending or completed action or suit by or in the
right of the corporation to procure a judgment in its favor by reason of the fact that he is or was
a director, officer, employee or agent of the corporation or is or was serving at the request of
the corporation as a director, officer, employee or agent of another corporation, partnership,
joint venture, trust or other enterprise against expenses (including attorneys' fees) actually and
reasonably incurred by him in connection with the defense or settlement of such action or suit if
he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best
interests of the corporation and except that no indemnification shall be made in respect of any
claim, issue or matter as to which such person shall have been adjudged to be liable to the
corporation unless and only to the extent that the Court of Chancery or the court in which such
action or suit was brought shall determine upon application that, despite the adjudication of
liability but in view of all the circumstances of the case, such person is fairly and reasonably
entitled to indemnity for such expense which the Court of Chancery or such other court shall deem
proper.
Under the provisions of the Company's By-laws, each person who was or is made a party or is
threatened to be made a party to or is involved in any action, suit or proceeding, whether civil,
criminal, administrative or investigative (hereinafter a "proceeding"), by reason of the fact that
he or she, or a person of whom he or she is the legal representative, is or was a director or
officer of the corporation or is or was serving at the request of the corporation as a director,
officer, employee, fiduciary, or agent of another corporation or of a partnership, joint venture,
trust or other enterprise, shall be indemnified and held harmless by the corporation to the fullest
extent
Table of Contents
which it is empowered to do so by the General Corporation Law of the State of Delaware, as the same
exists or may hereafter be amended (but, in the case of any such amendment, only to the extent that
such amendment permits the corporation to provide broader indemnification rights than said law
permitted the corporation to provide prior to such amendment) against all expense, liability and
loss (including attorneys' fees actually and reasonably incurred by such person in connection with
such proceeding and such indemnification shall inure to the benefit of his or her heirs, executors
and administrators; provided, however, that, except as provided in Section 2 of the Company's
By-laws, the corporation shall indemnify any such person only if such proceeding was authorized by
the board of directors of the corporation. The right to indemnification conferred in the By-laws
is a contract right and, subject to Sections 2 and 5 of the Company's By-laws, shall include the
right to be paid by the corporation the expenses incurred in defending any such proceeding in
advance of its final disposition. The corporation may, by action of its board of directors,
provide indemnification to employees and agents of the corporation with the same scope and effect
as the foregoing indemnification of directors and officers.
The Company has entered into indemnification agreements with its directors and executive
officers which provide indemnification to the full extent permitted by the Company's By-laws. Such
agreements also provide for the advancement to indemnified persons of litigation costs and
expenses.
The Company's Certificate of Incorporation provides that to the fullest extent permitted by
the Delaware Law, a director of the Company shall not be liable to the Company or its stockholders
for a breach of fiduciary duty as a director.
The Company maintains directors' and officers' liability insurance which insures the directors
and officers of the Company and its subsidiaries against damages, judgments, settlements and costs
incurred by reason of certain acts committed by such persons in their capacities as officers and
directors.
Item 7. Exemption from Registration Claimed.
Not applicable
Item 8. Exhibits.
Exhibit Number Description of Exhibit
3.1
Certificate of Amendment of Certificate of Incorporation dated November 6, 1992, filed as an
exhibit to the Company's Quarterly Report on Form 10-Q for the period ended April 30,2002
(File No. 0-20842) and incorporated herein by reference.
3.2
Certificate of Amendment of Amended Certificate of Incorporation dated March 31, 2000, filed
as an exhibit to the Company's Annual Report on Form 10-K for the year ended October 31,2001
(File No. 0-20842 and incorporated herein by reference.
3.3
Certificate of Amendment of Amended Certificate of Incorporation dated March 20, 2002, filed
as an exhibit to the Company's Quarterly Report on Form 10-Q for the period ended April 30,
2002 (File No. 0-20842) and incorporated herein by reference.
3.4
Amended and Restated Bylaws of the Company filed as an exhibit to Form 8-K filed September
15, 2005 (File No. 0-20842) and incorporated herein by reference.
4.1
PLATO Learning, Inc. 2006 Stock Incentive Plan*
4.2
Forms of award agreements under PLATO Learning, Inc. 2006 Stock Incentive Plan*
(a)
Employee Stock Option Agreement
(b)
Employee Stock Option Agreement—Section 16 employees
(c)
Employee Stock Option Agreement—Double Trigger Change of Control
(d)
Non-Employee Director Stock Option Agreement
(e)
Non-Employee Director Restricted Stock Agreement
Table of Contents
4.3
Resolutions adopted by the board of directors of PLATO Learning, Inc. with regard to certain
awards under the 2006 Stock Incentive Plan.*
5.1
Opinion of Winston & Strawn LLP as to the legality of the securities being registered.*
23.1
Consent of Winston & Strawn LLP (included in the opinion filed as Exhibit 5.1).
23.2
Consent of PricewaterhouseCoopers LLP.*
24.1
Powers of Attorney (including in the signature page hereof).*
*
Filed herewith
Item 9. Undertakings
The undersigned registrant hereby undertakes
(1)
To file, during any period in which offers or sales are being
made, a post-effective amendment to this registration statement:
(i)
To include any prospectus required by Section
10(a)(3) of the Securities Act of 1933;
(ii)
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.
(iii)
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)(i) and (a)(1)(ii) of this section
do not apply if the information required to be included in a post-effective
amendment by those paragraphs is contained reports filed with or furnished
to the Commission by the registrant pursuant to section 13 or section 15(d)
of the Securities Exchange Act of 1934 that are incorporated by reference in
the registration statement.
(2)
That, for the purpose of determining any liability under the
Securities Act of 1933, 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.
(3)
To remove from registration by means of 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 of 1933, each filing of the
registrant's annual report pursuant to Section 13(a) or 15(d) of the Securities
Exchange Act of 1934 (and, where applicable, each filing of an employee benefit
plan's annual report pursuant to Section 15(d) of the Securities Exchange Act
of 1934) that is incorporated by reference in the 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.
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Insofar as indemnification for liabilities arising under the Securities Act of 1933
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 Securities and Exchange Commission
such indemnification is against public policy as expressed in the 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
directors, 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 Act and will be governed by the final
adjudication of such issue.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Company 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 Bloomington, State of
Minnesota, on this 8th day of
March, 2006.
PLATO LEARNING, INC.
By:
/s/ Michael A. Morache
Michael A. Morache
President and Chief Executive Officer
Pursuant to the requirements of the Securities Exchange Act of 1933, this registration
statement has been signed by the following persons in the capacities and on the dates indicated.
Signature
Title
Date
/s/ Michael A. Morache
Michael A. Morache
President
and Chief Executive
Officer (Principal Executive Officer) and
Director
March 8, 2006
/s/ Laurence L. Betterley
Laurence L. Betterley
Senior
Vice President and Chief Financial
Officer (Principal Financial Officer)
March 8, 2006
/s/ Robert J. Rueckl
Robert J. Rueckl
Vice
President, Controller and Chief
Accounting Officer
March 8, 2006
/s/ Joseph Duffy *
Joseph Duffy
Director
March 8, 2006
/s/ Ruth Greenstein *
Ruth Greenstein
Director
March 8, 2006
/s/ Thomas G. Hudson *
Thomas G. Hudson
Director
March 8, 2006
/s/ Debra A. Janssen *
Debra A. Janssen
Director
March 8, 2006
/s/ Susan E. Knight *
Susan E. Knight
Director
March 8, 2006
/s/ M. Lee Pelton *
M. Lee Pelton
Director
March 8, 2006
/s/ John T. Sanders *
John T. Sanders
Director
March 8, 2006
/s/ David W. Smith *
David W. Smith
Director
March 8, 2006
*By
Michael A. Morache, attorney in fact.
Table of Contents
INDEX TO EXHIBITS TO REGISTRATION STATEMENT ON FORM S-8
Exhibit Number
Description of Exhibit
3.1
Certificate of Amendment of Certificate of Incorporation dated November 6, 1992, filed as an
exhibit to the Company's Quarterly Report on Form 10-Q for the period ended April 30,2002
(File No. 0-20842) and incorporated herein by reference.
3.2
Certificate of Amendment of Amended Certificate of Incorporation dated March 31, 2000, filed
as an exhibit to the Company's Annual Report on Form 10-K for the year ended October 31,2001
(File No. 0-20842 and incorporated herein by reference.
3.3
Certificate of Amendment of Amended Certificate of Incorporation dated March 20, 2002, filed
as an exhibit to the Company's Quarterly Report on Form 10-Q for the period ended April 30,
2002 (File No. 0-20842) and incorporated herein by reference.
3.4
Amended and Restated Bylaws of the Company filed as an exhibit to Form 8-K filed September
15, 2005 (File No. 0-20842) and incorporated herein by reference.
4.1
PLATO Learning, Inc. 2006 Stock Incentive Plan *
4.2
Forms of award agreements under PLATO Learning, Inc. 2006 Stock Incentive Plan *
(a) Employee Stock Option Agreement
(b) Employee Stock Option Agreement—Section 16 employees
(c) Employee Stock Option Agreement—Double Trigger Change of Control
(d) Non-Employee Director Stock Option Agreement
(e) Non-Employee Director Restricted Stock Agreement
4.3
Resolutions adopted by the board of directors of PLATO Learning, Inc. with regard to certain
awards under the 2006 Stock Incentive Plan.*
5.1
Opinion of Winston & Strawn LLP as to the legality of the securities being registered.*
23.1
Consent of Winston & Strawn LLP (included in the opinion filed as Exhibit 5.1).
23.2
Consent of PricewaterhouseCoopers LLP*.
24.1
Powers of Attorney.*
*
Filed herewith