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  <TITLE> Lionbridge Technologies, Inc.  (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	May 21, 2007
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  	Lionbridge Technologies, Inc.
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	000-26933
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  	04-3398462
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	1050 Winter Street, Suite 2300, Waltham, Massachusetts
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  	&nbsp;
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  	02451
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	&nbsp;
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  	781-434-6000
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  <FONT SIZE="2">
  	&nbsp;
  </FONT>
  <!-- CoverPageRegistrant END --><P><FONT 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:</FONT>
  </P>
  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  <B>
  	Item 1.01 Entry into a Material Definitive Agreement.
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  Independent Director Compensation. <br><br>The Company&#x2019;s Nominating and Compensation Committee approved changes to the Company&#x2019;s compensation arrangements for independent directors, including the following:<br><br>&#x2022;	Amendment of the Independent Directors Compensation Plan to increase the annual retainer from $25,000 to $50,000 with 50% paid in cash and 50% paid in the form of Restricted Stock Units ("RSUs").<br>&#x2022;	Adjust the vesting schedule of the annual grant of stock options to independent directors from four years to two years. <br>&#x2022;	Increased annual cash retainers for committee chairs and members of committees.<br>&#x2022;	Eliminate per meeting fees.<br>&#x2022;	Establish a Deferred Compensation Plan for Independent Directors, providing independent directors with the option of deferring receipt of the cash or equity portions of their annual retainers. <br><br><br>	Concurrent with these changes, the Company&#x2019;s 2005 Stock Incentive Plan (the "Stock Plan") was amended to adjust the vesting schedule of stock options granted to independent directors under the Stock Plan in accordance with the Independent Directors Compensation Plan. <br><br>The foregoing description of the Independent Directors Compensation Plan, the 2005 Stock Plan, as amended, the Restricted Stock Unit, the Stock Option, and the Deferred Compensation Plan for Independent Directors, does not purport to be a complete statement of the parties' rights under such agreements and is qualified in its entirety by reference to the full text of the agreements which are attached hereto as Exhibits 10.1 through 10.5.  <br><br>
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  <B>
  	Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
  </B>
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  <FONT SIZE="2">
  Special Discretionary Award. <br><br>	 The Company&#x2019;s Nominating and Compensation Committee granted a special recognition award (the "Award") to Stephen J. Lifshatz, the Chief Financial Officer of the Company, consisting of a cash award in the amount of $65,500 on May 25, 2007.  This Award were made in recognition of Mr. Lifshatz's leadership in completing all activities relating to the financial integration by the Company of Bowne Global Solutions (BGS), including the successful completion of annual financial reporting activities for 2006 for the combined entity. <br><br>
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  <B>
  	SIGNATURES
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  	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.
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  	&nbsp;
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  	Lionbridge Technologies, Inc.
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  	&nbsp;&nbsp;
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  	&nbsp;
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  <I>
  	May 25, 2007
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  	&nbsp;
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  <I>
  	By:
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  	&nbsp;
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  <I>
  	Margaret A. Shukur
  </I>
  <BR>
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  	&nbsp;
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  <I>
  	Name: Margaret A. Shukur
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  	&nbsp;
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  <I>
  	Title: General Counsel and Secretary
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  	Exhibit&nbsp;Index
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  <B>
  	Exhibit No.
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  	&nbsp;
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  <B>
  	Description
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  	10.1
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  <FONT SIZE="2">
  	&nbsp;
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  <TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
  <FONT SIZE="2">
  Lionbridge 2005 Stock Incentive Plan, as amended and restated
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  	10.2
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  <FONT SIZE="2">
  	&nbsp;
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  <FONT SIZE="2">
  Lionbridge Amended and Restated Independent Directors Compensation Plan
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  <FONT SIZE="2">
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  	10.3
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  <FONT SIZE="2">
  	&nbsp;
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  <TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
  <FONT SIZE="2">
  Lionbridge Independent Director Compensation Plan
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  <DIV ALIGN="LEFT">
  	10.4
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  <FONT SIZE="2">
  	&nbsp;
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  Form of Restricted Stock Unit Agreement for Independent Directors
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  <DIV ALIGN="LEFT">
  	10.5
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  <FONT SIZE="2">
  	&nbsp;
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  <TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
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  Form of Stock Option for Independent Directors
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_20562.htm", "description": "LIVE FILING", "secsgml_size_bytes": 13285}]
metadata_filer: {"company-data": {"conformed-name": "LIONBRIDGE TECHNOLOGIES INC /DE/", "cik": "0001058299", "assigned-sic": "7389", "irs-number": "043398462", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-26933", "film-number": "07880773"}, "business-address": {"street1": "1050 WINTER STREET", "street2": "1050 WINTER STREET", "city": "WALTHAM", "state": "MA", "zip": "02154", "phone": "7818906612"}, "mail-address": {"street1": "1050  WINTER STREET", "city": "WALTHAM", "state": "MA", "zip": "02451"}, "former-company": {"former-conformed-name": "LIONBRIDGE TECHNOLOGIES HOLDINGS INC", "date-changed": "19990611"}}
text: Lionbridge Technologies, Inc.  (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  May 21, 2007
  Lionbridge Technologies, Inc.
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  000-26933
  04-3398462
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  1050 Winter Street, Suite 2300, Waltham, Massachusetts
  02451
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  781-434-6000
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  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))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  Independent Director Compensation.
  The Company's Nominating and Compensation Committee approved changes to the Company's compensation arrangements for independent directors, including the following:
  •	Amendment of the Independent Directors Compensation Plan to increase the annual retainer from $25,000 to $50,000 with 50% paid in cash and 50% paid in the form of Restricted Stock Units ("RSUs").
  •	Adjust the vesting schedule of the annual grant of stock options to independent directors from four years to two years.
  •	Increased annual cash retainers for committee chairs and members of committees.
  •	Eliminate per meeting fees.
  •	Establish a Deferred Compensation Plan for Independent Directors, providing independent directors with the option of deferring receipt of the cash or equity portions of their annual retainers.
  Concurrent with these changes, the Company's 2005 Stock Incentive Plan (the "Stock Plan") was amended to adjust the vesting schedule of stock options granted to independent directors under the Stock Plan in accordance with the Independent Directors Compensation Plan.
  The foregoing description of the Independent Directors Compensation Plan, the 2005 Stock Plan, as amended, the Restricted Stock Unit, the Stock Option, and the Deferred Compensation Plan for Independent Directors, does not purport to be a complete statement of the parties' rights under such agreements and is qualified in its entirety by reference to the full text of the agreements which are attached hereto as Exhibits 10.1 through 10.5.
  Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
  Special Discretionary Award.
  The Company's Nominating and Compensation Committee granted a special recognition award (the "Award") to Stephen J. Lifshatz, the Chief Financial Officer of the Company, consisting of a cash award in the amount of $65,500 on May 25, 2007.  This Award were made in recognition of Mr. Lifshatz's leadership in completing all activities relating to the financial integration by the Company of Bowne Global Solutions (BGS), including the successful completion of annual financial reporting activities for 2006 for the combined entity.
  Top of the Form
  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.
  Lionbridge Technologies, Inc.
  May 25, 2007
  By:
  Margaret A. Shukur
  Name: Margaret A. Shukur
  Title: General Counsel and Secretary
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  10.1
  Lionbridge 2005 Stock Incentive Plan, as amended and restated
  10.2
  Lionbridge Amended and Restated Independent Directors Compensation Plan
  10.3
  Lionbridge Independent Director Compensation Plan
  10.4
  Form of Restricted Stock Unit Agreement for Independent Directors
  10.5
  Form of Stock Option for Independent Directors