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<p align=center style='text-align:center'><font face="Times New Roman"><b>
<font size="4">UNITED STATES<br>
SECURITIES </font> </b><font size="4"><b>AND</b></font><b><font size="4"> EXCHANGE COMMISSION<br>
</font>
</b>Washington, DC 20549</font></p>

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<p align=center style='text-align:center'><font face="Times New Roman" size="4"><b>FORM 8&#8209;K</b></font></p>

<p align=center style='text-align:center'><font face="Times New Roman" size="2">CURRENT REPORT<br>
Pursuant to Section 13 or 15(d) of<br>
the Securities Exchange Act of 1934</font></p>

<p align=center style='text-align:center'><font face="Times New Roman" size="2">Date of Report (Date of
earliest event reported)<br>
</font><font face="Times New Roman" size="4">
<b>June 30,
2006</b></font></p>

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<p align=center style='text-align:center'><font face="Times New Roman" size="4"><b>MENTOR CORPORATION<br>
</b></font><font face="Times New Roman" size="2">(Exact
name of registrant as specified in its charter)</font></p>

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	<font face="Times New Roman" size="2"><b><u>Minnesota</u></b></font></p>
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  <p><font face="Times New Roman" size="2"><b>&nbsp;</b></font></p>
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  <td width="31%" valign=top style='width:31.78%;padding:0in .7pt 0in .7pt'>
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	<font face="Times New Roman" size="2"><b><u>001-31744</u></b></font></p>
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  <p><font face="Times New Roman" size="2"><b>&nbsp;</b></font></p>
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	<font face="Times New Roman" size="2"><b><u>41-0950791</u></b></font></p>
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	<font face="Times New Roman" size="2">(State or other
  jurisdiction of incorporation)</font></p>
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	<font face="Times New Roman" size="2">(Commission File
  Number)</font></p>
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  <td width="32%" valign=top style='width:32.54%;padding:0in .7pt 0in .7pt'>
  <p align=center style='text-align:center'>
	<font face="Times New Roman" size="2">(IRS Employer<br>
  Identification No.)</font></p>
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<p align=center style='text-align:center'><font face="Times New Roman" size="2"><b>201 Mentor Drive<br>
 Santa
  Barbara,
 California&nbsp; 93111<br>
</b>(Address
of principal executive offices, including zip code)</font></p>

<p align=center style='text-align:center'><font face="Times New Roman" size="2"><b>(805) 879-6000<br>
</b>(Registrant's
telephone number, including area code)</font></p>

<p><font face="Times New Roman" size="2">Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):</font></p>

<p><font face="Times New Roman" size="2">[&nbsp;
] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>

<p><font face="Times New Roman" size="2">[&nbsp;
] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>

<p><font face="Times New Roman" size="2">[&nbsp;
] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))</font></p>

<p><font face="Times New Roman" size="2">[&nbsp;
] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))</font></p>
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<p><font face="Times New Roman" size="2"><b>Item
1.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Entry into a Material Definitive Agreement.</b></font></p>

<p style='margin-top:12.0pt;text-indent:.5in'>
<font face="Times New Roman" size="2">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On June&nbsp;30, 2006, Mentor Corporation
(the &quot;Company&quot;) approved a consulting agreement (the &quot;Consulting Agreement&quot;)
for Mr. David Adornetto, the Company's prior Vice President, Operations,
effective as of July
 14, 2006.&nbsp;
The terms of Mr. Adornetto's consulting agreement are as follows:</font></p>

<p style='margin-left:0in;text-indent:1in;line-height:10.85pt'>
<font face="Times New Roman" size="2">i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Mr.
Adornetto will continue the process of negotiating a licensing agreement with a
potential strategic alliance partner by providing reasonable business efforts
in negotiating the agreement in accordance with a non-binding letter of intent
between the Company and the potential licensor.&nbsp; Mr. Adornetto will coordinate
all efforts in this process, including the efforts of outside legal counsel and
inside Company personnel and will provide regular updates on the progress of
the licensing agreement.</font></p>

<p style='margin-top:12.0pt;margin-left:0in;text-indent:1in'>
<font face="Times New Roman" size="2">ii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Consulting Agreement will have a term of five (5) months commencing on July 14, 2006 and may be extended by
mutual agreement of the parties.</font></p>

<p style='margin-top:12.0pt;margin-left:0in;text-indent:1in'>
<font face="Times New Roman" size="2">iii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company will pay Mr. Adornetto a lump sum payment of $600,000 payable on January 1, 2007 for his consulting
services.&nbsp; In addition, Mr. Adornetto will receive $200 per hour for any work
performed in excess of five (5) hours per week during the term of the
Consulting Agreement, but in no event will Mr. Adornetto's maximum daily fee
exceed $1,500.&nbsp; The Company will reimburse Mr. Adornetto's reasonable travel
and other expenses incurred in an effort to accomplish the negotiated licensing
agreement.</font></p>

<p style='margin-top:12.0pt;margin-left:0in;text-indent:1in'>
<font face="Times New Roman" size="2">iv.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.
Adornetto's restricted stock and stock options will continue to vest without
interruption through the term of the Consulting Agreement pursuant to Mr.
Adornetto's applicable restricted stock and stock option agreements.</font></p>

<p style='margin-top:12.0pt;margin-left:0in;text-indent:1in'>
<font face="Times New Roman" size="2">v.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Consulting Agreement provides that in the event of Mr. Adornetto's death or
disability, all amounts owed to Mr. Adornetto will be paid to him or his heirs
regardless of the status of negotiations.</font></p>

<p style='margin-top:12.0pt;margin-left:0in;text-indent:1in'>
<font face="Times New Roman" size="2">vi.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.
Adornetto will be required to protect the Company's confidential information.</font></p>

<p style='margin-top:12.0pt;margin-left:0in;text-indent:1in'>
<font face="Times New Roman" size="2">vii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.
Adornetto will refrain from any business competition during the term of the
Consulting Agreement and for six (6) months after termination of the Consulting
Agreement.</font></p>

<p style='text-align:justify;text-indent:.5in'>
<font face="Times New Roman" size="2">A copy of Mr.
Adornetto's Consulting Agreement is attached hereto as Exhibit 10.1 and the
prior description is qualified entirely by such agreement, which is deemed
incorporated by reference herein.</font></p>

<p style='text-indent:.5in;line-height:10.85pt'>
<font face="Times New Roman" size="2">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On June&nbsp;30, 2006, the Company approved a
mutual release of all claims agreement (the &quot;Release Agreement&quot;) for David
Adornetto, the Company's former Vice President, Operations, following his
resignation with the Company.</font></p>

<p style='text-indent:.5in;line-height:10.85pt'>
<font face="Times New Roman" size="2">Pursuant to the terms of
Mr. Adornetto's Release Agreement, he will receive in consideration for the
mutual release, a severance payment of $200,000 payable in a lump sum on July 14, 2006.&nbsp; Mr. Adornetto will
not be entitled to any benefits under his previous employment agreement with
the Company.&nbsp; Mr. Adornetto on behalf of himself, his agents, heirs, executors,
administrators and assigns expressly agreed to release the Company and its
successors and assigns from any and all claims based upon acts or events that
occurred on or before June
 30, 2006.&nbsp;
The Company released and discharged Mr. Adornetto from any and all claims,
demands, liens, contracts, covenants, obligations, actions, suits, causes of
action and costs arising out of Mr. Adornetto's prior employment with the
Company.&nbsp; The release will have no effect on any consulting agreements entered
into or negotiated with the Company.</font></p>

<p style='margin-top:12.0pt;text-indent:.5in'>
<font face="Times New Roman" size="2">A copy of Mr.
Adornetto's Release Agreement is attached hereto as Exhibits 10.2 and the prior
description is qualified entirely by such agreements, which are deemed
incorporated by reference herein.</font></p>
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<p style='margin-top:12.0pt'><font face="Times New Roman" size="2"><b>Item 9.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial Statements and
Exhibits.</b></font></p>

<p style='margin-top:12.0pt;margin-right:0in;margin-bottom:
12.0pt;margin-left:.5in'><font face="Times New Roman" size="2">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exhibits.</font></p>

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  <td width=104 valign=top style='width:78.0pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-bottom:3.0pt'><font face="Times New Roman" size="2"><b><u>Exhibit No.</u></b></font></p>
  </td>
  <td width=479 valign=top style='width:359.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p><font face="Times New Roman" size="2"><b><u>Description</u></b></font></p>
  </td>
 </tr>
 <tr>
  <td width=104 valign=top style='width:78.0pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in'><font face="Times New Roman" size="2">10.1</font></p>
  </td>
  <td width=479 valign=top style='width:359.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in'><font face="Times New Roman" size="2">Consulting
  Agreement dated June
   30, 2006
  between Mentor Corporation and David Adornetto</font></p>
  </td>
 </tr>
 <tr>
  <td width=104 valign=top style='width:78.0pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in'><font face="Times New Roman" size="2">10.2</font></p>
  </td>
  <td width=479 valign=top style='width:359.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in'><font face="Times New Roman" size="2">Mutual
  Release of Claims between Mentor Corporation and David Adornetto</font></p>
  </td>
 </tr>
</table>

<p align=center style='text-align:center'><font face="Times New Roman" size="2"><b>&nbsp;</b></font></p>
<p align=center style='text-align:center'>&nbsp;</p>
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<p align=center style='text-align:center'><font face="Times New Roman" size="2"><b>SIGNATURES<br>
<br>
</b></font></p>

<p style='text-indent:.5in'><font face="Times New Roman" size="2">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.</font></p>

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  <p style='margin-top:1.0pt;margin-right:0in;margin-bottom:
  1.0pt;margin-left:0in'><font face="Times New Roman" size="2">Date:&nbsp;
  July 6,
   2006</font></p>
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  </td>
  <td width=335 style='width:251.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-top:1.0pt;margin-right:0in;margin-bottom:
  1.0pt;margin-left:0in'><font face="Times New Roman" size="2"><b>MENTOR
  CORPORATION</b></font></p>
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  <td width=198 style='width:148.6pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width=105 valign=top style='width:78.8pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
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  </td>
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  </td>
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  </td>
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  </td>
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  <td width=198 style='width:148.6pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width=105 valign=top style='width:78.8pt;padding:0in 5.4pt 0in 5.4pt'>
  <p align=right style='margin-top:1.0pt;margin-right:0in;
  margin-bottom:1.0pt;margin-left:0in;text-align:right'>
	<font face="Times New Roman" size="2">By:</font></p>
  </td>
  <td width=335 style='width:251.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-top:1.0pt;margin-right:0in;margin-bottom:
  1.0pt;margin-left:0in'><font face="Times New Roman" size="2"><u>/s/JOSHUA
  H. LEVINE&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </u>
	</font></p>
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  </td>
  <td width=105 valign=top style='width:78.8pt;padding:0in 5.4pt 0in 5.4pt'>
  <p align=right style='margin-top:1.0pt;margin-right:0in;
  margin-bottom:1.0pt;margin-left:0in;text-align:right'>
	<font face="Times New Roman" size="2">Name:<br>
  Title:</font></p>
  </td>
  <td width=335 style='width:251.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-top:1.0pt;margin-right:0in;margin-bottom:
  1.0pt;margin-left:0in'><font face="Times New Roman" size="2">Joshua
  H. Levine<br>
  President and Chief Executive Officer</font></p>
  </td>
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<p align=center style='text-align:center'><font face="Times New Roman" size="2"><b>Exhibit Index</b></font></p>



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  <td width=97 valign=top style='width:72.8pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-bottom:3.0pt'><font face="Times New Roman" size="2"><b><u>Exhibit No.</u></b></font></p>
  </td>
  <td width=479 valign=top style='width:359.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p><font face="Times New Roman" size="2"><b><u>Description</u></b></font></p>
  </td>
 </tr>
 <tr>
  <td width=97 valign=top style='width:72.8pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in;page-break-after:avoid'>
	<font face="Times New Roman" size="2">10.1</font></p>
  </td>
  <td width=479 valign=top style='width:359.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in;page-break-after:avoid'>
	<font face="Times New Roman" size="2">Consulting
  Agreement dated June 30, 2006 between Mentor Corporation and David Adornetto</font></p>
  </td>
 </tr>
 <tr>
  <td width=97 valign=top style='width:72.8pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in;page-break-after:avoid'>
	<font face="Times New Roman" size="2">10.2</font></p>
  </td>
  <td width=479 valign=top style='width:359.4pt;padding:0in 5.4pt 0in 5.4pt'>
  <p style='margin-top:3.0pt;margin-right:0in;margin-bottom:
  3.0pt;margin-left:0in;page-break-after:avoid'>
	<font face="Times New Roman" size="2">Mutual
  Release of Claims between Mentor Corporation and David Adornetto </font> </p>
  </td>
 </tr>
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{"company-data": {"conformed-name": "MENTOR CORP /MN/", "cik": "0000064892", "assigned-sic": "3842", "irs-number": "410950791", "state-of-incorporation": "MN", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-31744", "film-number": "06947866"}, "business-address": {"street1": "201 MENTOR DR", "city": "SANTA BARBARA", "state": "CA", "zip": "93111", "phone": "8058796000"}, "mail-address": {"street1": "201 MENTOR DR", "city": "SANTA BARBARA", "state": "CA", "zip": "93111"}}
Mentor Corporation - 8-K
UNITED STATES
SECURITIES
AND
EXCHANGE COMMISSION
Washington, DC 20549
FORM 8‑K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of
earliest event reported)
June 30,
2006
MENTOR CORPORATION
(Exact
name of registrant as specified in its charter)
Minnesota
001-31744
41-0950791
(State or other
  jurisdiction of incorporation)
(Commission File
  Number)
(IRS Employer
Identification No.)
201 Mentor Drive
Santa
  Barbara,
 California  93111
(Address
of principal executive offices, including zip code)
(805) 879-6000
(Registrant's
telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
[ 
] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ 
] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ 
] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ 
] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Item
1.01               Entry into a Material Definitive Agreement.
(a)           On June 30, 2006, Mentor Corporation
(the "Company") approved a consulting agreement (the "Consulting Agreement")
for Mr. David Adornetto, the Company's prior Vice President, Operations,
effective as of July
 14, 2006. 
The terms of Mr. Adornetto's consulting agreement are as follows:
i.           
Mr.
Adornetto will continue the process of negotiating a licensing agreement with a
potential strategic alliance partner by providing reasonable business efforts
in negotiating the agreement in accordance with a non-binding letter of intent
between the Company and the potential licensor.  Mr. Adornetto will coordinate
all efforts in this process, including the efforts of outside legal counsel and
inside Company personnel and will provide regular updates on the progress of
the licensing agreement.
ii.           The
Consulting Agreement will have a term of five (5) months commencing on July 14, 2006 and may be extended by
mutual agreement of the parties.
iii.          The
Company will pay Mr. Adornetto a lump sum payment of $600,000 payable on January 1, 2007 for his consulting
services.  In addition, Mr. Adornetto will receive $200 per hour for any work
performed in excess of five (5) hours per week during the term of the
Consulting Agreement, but in no event will Mr. Adornetto's maximum daily fee
exceed $1,500.  The Company will reimburse Mr. Adornetto's reasonable travel
and other expenses incurred in an effort to accomplish the negotiated licensing
agreement.
iv.          Mr.
Adornetto's restricted stock and stock options will continue to vest without
interruption through the term of the Consulting Agreement pursuant to Mr.
Adornetto's applicable restricted stock and stock option agreements.
v.           The
Consulting Agreement provides that in the event of Mr. Adornetto's death or
disability, all amounts owed to Mr. Adornetto will be paid to him or his heirs
regardless of the status of negotiations.
vi.          Mr.
Adornetto will be required to protect the Company's confidential information.
vii.         Mr.
Adornetto will refrain from any business competition during the term of the
Consulting Agreement and for six (6) months after termination of the Consulting
Agreement.
A copy of Mr.
Adornetto's Consulting Agreement is attached hereto as Exhibit 10.1 and the
prior description is qualified entirely by such agreement, which is deemed
incorporated by reference herein.
(b)           On June 30, 2006, the Company approved a
mutual release of all claims agreement (the "Release Agreement") for David
Adornetto, the Company's former Vice President, Operations, following his
resignation with the Company.
Pursuant to the terms of
Mr. Adornetto's Release Agreement, he will receive in consideration for the
mutual release, a severance payment of $200,000 payable in a lump sum on July 14, 2006.  Mr. Adornetto will
not be entitled to any benefits under his previous employment agreement with
the Company.  Mr. Adornetto on behalf of himself, his agents, heirs, executors,
administrators and assigns expressly agreed to release the Company and its
successors and assigns from any and all claims based upon acts or events that
occurred on or before June
 30, 2006. 
The Company released and discharged Mr. Adornetto from any and all claims,
demands, liens, contracts, covenants, obligations, actions, suits, causes of
action and costs arising out of Mr. Adornetto's prior employment with the
Company.  The release will have no effect on any consulting agreements entered
into or negotiated with the Company.
A copy of Mr.
Adornetto's Release Agreement is attached hereto as Exhibits 10.2 and the prior
description is qualified entirely by such agreements, which are deemed
incorporated by reference herein.
2
Item 9.01               Financial Statements and
Exhibits.
(c)           Exhibits.
Exhibit No.
Description
10.1
Consulting
  Agreement dated June
   30, 2006
  between Mentor Corporation and David Adornetto
10.2
Mutual
  Release of Claims between Mentor Corporation and David Adornetto
3
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
Date: 
  July 6,
   2006
MENTOR
  CORPORATION
By:
/s/JOSHUA
  H. LEVINE
Name:
Title:
Joshua
  H. Levine
President and Chief Executive Officer
4
Exhibit Index
Exhibit No.
Description
10.1
Consulting
  Agreement dated June 30, 2006 between Mentor Corporation and David Adornetto
10.2
Mutual
  Release of Claims between Mentor Corporation and David Adornetto
5