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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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  	November 22, 2006
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  	Genuine Parts Company
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Georgia
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  	001-05690
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  	58-0254510
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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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  	2999 Circle 75 Pkwy, Atlanta, Georgia
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  	&nbsp;
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  	30339
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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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  	770.953.1700
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- 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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  <FONT SIZE="2">Top of the Form</FONT>
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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.
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  On November 20, 2006, the Board of Directors of Genuine Parts Company (the "Company") approved and authorized the Company to enter into a change in control agreement with Thomas C. Gallagher, President, Chief Executive Officer and Chairman of the Board, Jerry W. Nix, Vice Chairman and Chief Financial Officer, Larry R. Samuelson, President-U.S. Automotive Parts Group, Robert J. Susor, Executive Vice President, and R. Bruce Clayton, Senior Vice President, Human Resources.  The agreements provide severance payments and benefits to the executive if his employment is terminated within two years after a change on control of the Company, if the change in control occurs during the term of the agreement.  The change in control agreements have a three year term with automatic annual extensions unless either party gives notice of non-renewal.<br><br>Under each of the change in control agreements, if the executive is terminated by the Company without cause or the executive resigns for good reason (as such terms are defined in the agreement), he will receive a pro rata bonus for the year of termination, plus a lump sum severance payment equal to a multiple (three in the case of Messrs. Gallagher, Nix and Susor, and two in the case of Messrs. Samuelson and Clayton) of the executive&#x2019;s then-current annual salary and the average of the annual bonuses he received in the three years prior to the year of termination.  In addition, the Company will continue to provide the executive with group health coverage for a period of 24 months.<br><br>If the executive&#x2019;s employment is terminated by the Company for cause or he resigns without good reason, the agreement will terminate without further obligation of the Company other than the payment of any accrued but unpaid salary or benefits.  In the case of death, disability or retirement, the executive, or his estate, would be entitled to payment of any accrued but unpaid salary or benefits, plus a pro rata bonus for the year in which the termination occurred.<br><br>The change in control agreements provide for a gross-up of applicable excise tax imposed under Section 4999 of the Internal Revenue Code, provided that amounts determined to be parachute payments exceed 110% of the amount that could be paid without triggering the excise tax.  If the parachute payments are less than that threshold amount, the payments will be limited to the maximum amount that could be paid without triggering the excise tax.<br>
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  <B>
  	Item 8.01 Other Events.
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  On November 20, 2006, the Board of Directors of Genuine Parts Company adopted a resolution approving proposed amendments to the Company&#x2019;s Amended and Restated Articles of Incorporation that would eliminate all current supermajority voting provisions.  The proposed amendments would eliminate the supermajority vote requirements to approve business combinations with a 10% or greater shareholder, to remove any or all directors for cause, and to repeal or amend Articles Six (Business Combinations) or Nine (Board of Directors).  The proposed amendments will be submitted to the Company&#x2019;s shareholders for approval at the Company&#x2019;s 2007 Annual Meeting of shareholders, with the Board&#x2019;s recommendation that the amendments be approved.<br><br>Also on November 20, 2006, the Board of Directors amended the Company&#x2019;s Corporate Governance Guidelines to include stock ownership provisions for non-employee directors and certain key executive officers and to require that directors tender an offer of resignation as a director in the event of a change of employment.  The Company&#x2019;s Corporate Governance Guidelines are available on the Company&#x2019;s web site at www.genpt.com.<br>
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  	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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  	Genuine Parts Company
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  	&nbsp;&nbsp;
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  <I>
  	November 22, 2006
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  	By:
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  <I>
  	Jerry W. Nix
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  	&nbsp;
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  <I>
  	Name: Jerry W. Nix
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  <I>
  	Title: Vice Chairman and CFO
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_16606.htm", "description": "LIVE FILING", "secsgml_size_bytes": 12187}]
metadata_filer: {"company-data": {"conformed-name": "GENUINE PARTS CO", "cik": "0000040987", "assigned-sic": "5013", "irs-number": "580254510", "state-of-incorporation": "GA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-05690", "film-number": "061234721"}, "business-address": {"street1": "2999 CIRCLE 75 PARKWAY", "city": "ATLANTA", "state": "GA", "zip": "30339", "phone": "4049531700"}, "mail-address": {"street1": "2999 CIRCLE 75 PARKWAY", "city": "ATLANTA", "state": "GA", "zip": "30339"}}
text: Genuine Parts Company (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):
  November 22, 2006
  Genuine Parts Company
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Georgia
  001-05690
  58-0254510
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  2999 Circle 75 Pkwy, Atlanta, Georgia
  30339
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  770.953.1700
  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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
  On November 20, 2006, the Board of Directors of Genuine Parts Company (the "Company") approved and authorized the Company to enter into a change in control agreement with Thomas C. Gallagher, President, Chief Executive Officer and Chairman of the Board, Jerry W. Nix, Vice Chairman and Chief Financial Officer, Larry R. Samuelson, President-U.S. Automotive Parts Group, Robert J. Susor, Executive Vice President, and R. Bruce Clayton, Senior Vice President, Human Resources.  The agreements provide severance payments and benefits to the executive if his employment is terminated within two years after a change on control of the Company, if the change in control occurs during the term of the agreement.  The change in control agreements have a three year term with automatic annual extensions unless either party gives notice of non-renewal.
  Under each of the change in control agreements, if the executive is terminated by the Company without cause or the executive resigns for good reason (as such terms are defined in the agreement), he will receive a pro rata bonus for the year of termination, plus a lump sum severance payment equal to a multiple (three in the case of Messrs. Gallagher, Nix and Susor, and two in the case of Messrs. Samuelson and Clayton) of the executive's then-current annual salary and the average of the annual bonuses he received in the three years prior to the year of termination.  In addition, the Company will continue to provide the executive with group health coverage for a period of 24 months.
  If the executive's employment is terminated by the Company for cause or he resigns without good reason, the agreement will terminate without further obligation of the Company other than the payment of any accrued but unpaid salary or benefits.  In the case of death, disability or retirement, the executive, or his estate, would be entitled to payment of any accrued but unpaid salary or benefits, plus a pro rata bonus for the year in which the termination occurred.
  The change in control agreements provide for a gross-up of applicable excise tax imposed under Section 4999 of the Internal Revenue Code, provided that amounts determined to be parachute payments exceed 110% of the amount that could be paid without triggering the excise tax.  If the parachute payments are less than that threshold amount, the payments will be limited to the maximum amount that could be paid without triggering the excise tax.
  Item 8.01 Other Events.
  On November 20, 2006, the Board of Directors of Genuine Parts Company adopted a resolution approving proposed amendments to the Company's Amended and Restated Articles of Incorporation that would eliminate all current supermajority voting provisions.  The proposed amendments would eliminate the supermajority vote requirements to approve business combinations with a 10% or greater shareholder, to remove any or all directors for cause, and to repeal or amend Articles Six (Business Combinations) or Nine (Board of Directors).  The proposed amendments will be submitted to the Company's shareholders for approval at the Company's 2007 Annual Meeting of shareholders, with the Board's recommendation that the amendments be approved.
  Also on November 20, 2006, the Board of Directors amended the Company's Corporate Governance Guidelines to include stock ownership provisions for non-employee directors and certain key executive officers and to require that directors tender an offer of resignation as a director in the event of a change of employment.  The Company's Corporate Governance Guidelines are available on the Company's web site at www.genpt.com.
  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.
  Genuine Parts Company
  November 22, 2006
  By:
  Jerry W. Nix
  Name: Jerry W. Nix
  Title: Vice Chairman and CFO