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<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

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

<P align="center" style="font-size: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P align="center" style="font-size: 10pt"><B>Date of Report (Date of earliest event reported): April 16, 2009</B>

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<P align="center" style="font-size: 24pt"><B>VERAMARK TECHNOLOGIES, INC.<BR></B>
<FONT style="font-size: 10pt">(Exact name of registrant as specified in its charter)
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    <TD style="border-bottom: 1px solid #000000"><B>Delaware</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>0-13898</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>16-1192368</B></TD>
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    <TD>(State or other Jurisdiction of Incorporation)</TD>
    <TD>&nbsp;</TD>
    <TD>(Commission File Number)</TD>
    <TD>&nbsp;</TD>
    <TD>(IRS Employer Identification No.)</TD>
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    <TD style="border-bottom: 1px solid #000000"><B>3750 Monroe Avenue, Pittsford, New York <BR></B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>14534</B></TD>
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    <TD>(Address of Principal Executive Offices)</TD>
    <TD>&nbsp;</TD>
    <TD>(Zip Code)</TD>
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<P align="center" style="font-size: 10pt">Registrant&#146;s telephone number, including area code: <B>(585) 381-6000</B>


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    <TD nowrap>(Former name or former address if changed since last report.)</TD>
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<P align="left" style="font-size: 10pt">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:

<P align="left" style="font-size: 10pt">
<FONT face="Wingdings">&#111;</FONT> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


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<P align="left" style="font-size: 10pt"><B>Section&nbsp;5 &#150; Corporate Governance and Management</B>


<P align="left" style="font-size: 10pt"><B>Item&nbsp;5.02 Compensatory Arrangements of Certain Officers</B>


<P align="left" style="font-size: 10pt">On April&nbsp;16, 2009, the Compensation Committee of the board of directors of Veramark Technologies, Inc. (the
&#147;Registrant&#148;) passed a resolution pursuant to which bonuses will be paid to the Registrant&#146;s President and CEO, Anthony
C. Mazzullo, if Registrant achieves certain performance goals for its fiscal year ending December&nbsp;31, 2009.


<P align="left" style="font-size: 10pt">The material terms of the resolution include:


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    <TD>Mr.&nbsp;Mazzullo will be entitled to receive a cash bonus of $60,000 if Registrant fully achieves its plan
objectives relating to either sales orders, revenues or net operating profit. If Registrant does not fully
achieve those plan objectives, Mr.&nbsp;Mazzullo will be entitled to receive smaller bonuses if Registrant
achieves at least 75% of its sales order objective or at least 94% of its net revenue objective.</TD>
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    <TD>Mr.&nbsp;Mazzullo will be entitled to receive additional cash bonuses if the Registrant exceeds any of its
sales orders, revenue, or net operating income targets as follows:</TD>
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<DIV align="left" style="margin-left:10%; font-size: 10pt">-&nbsp;&nbsp;&nbsp;110% of any target, additional $20,000 cash bonus
<BR>
-&nbsp;&nbsp;&nbsp;120% of any target, additional $40,000 cash bonus
<BR>
-&nbsp;&nbsp;&nbsp;130% of any target, additional $60,000 cash bonus
 </DIV>

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    <TD>The maximum total cash bonus that can be paid to
Mr.&nbsp;Mazzullo for 2009 under the resolution is $120,000.</TD>
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    <TD>Mr.&nbsp;Mazzullo&#146;s employment agreement dated December&nbsp;17, 2007, granted him 200,000 shares of restricted
stock. 66,667 of those shares are eligible for vesting in 2009, based upon achievement of certain
performance criteria established by Veramark&#146;s Board of Directors. The restricted stock performance criteria
for 2009 are identical to the criteria necessary for achieving a cash bonus in 2009, except that no
additional shares will vest for achievement beyond 100% of target.</TD>
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<P align="center" style="font-size: 10pt"><B>SIGNATURE</B>




<P align="left" style="margin-left:2%; font-size: 10pt">Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this
report to be signed on its behalf by the undersigned, thereunto duly authorized in Pittsford, New York on April
21, 2009.



<P align="left" style="margin-left:45%; font-size: 10pt">Veramark Technologies, Inc.



<P align="left" style="margin-left:45%; font-size: 10pt">By: <U>/s/ Ronald C. Lundy&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Ronald C. Lundy,<BR>
&nbsp;&nbsp;&nbsp;&nbsp;Vice President of Finance and<BR>
&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer<BR>


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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): April 16, 2009
VERAMARK TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
Delaware
0-13898
16-1192368
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
3750 Monroe Avenue, Pittsford, New York
14534
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code:
(585) 381-6000
(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:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Section 5 – Corporate Governance and Management
Item 5.02 Compensatory Arrangements of Certain Officers
On April 16, 2009, the Compensation Committee of the board of directors of Veramark Technologies, Inc. (the
"Registrant") passed a resolution pursuant to which bonuses will be paid to the Registrant's President and CEO, Anthony
C. Mazzullo, if Registrant achieves certain performance goals for its fiscal year ending December 31, 2009.
The material terms of the resolution include:
•
Mr. Mazzullo will be entitled to receive a cash bonus of $60,000 if Registrant fully achieves its plan
objectives relating to either sales orders, revenues or net operating profit. If Registrant does not fully
achieve those plan objectives, Mr. Mazzullo will be entitled to receive smaller bonuses if Registrant
achieves at least 75% of its sales order objective or at least 94% of its net revenue objective.
•
Mr. Mazzullo will be entitled to receive additional cash bonuses if the Registrant exceeds any of its
sales orders, revenue, or net operating income targets as follows:
-   110% of any target, additional $20,000 cash bonus
-   120% of any target, additional $40,000 cash bonus
-   130% of any target, additional $60,000 cash bonus
•
The maximum total cash bonus that can be paid to
Mr. Mazzullo for 2009 under the resolution is $120,000.
•
Mr. Mazzullo's employment agreement dated December 17, 2007, granted him 200,000 shares of restricted
stock. 66,667 of those shares are eligible for vesting in 2009, based upon achievement of certain
performance criteria established by Veramark's Board of Directors. The restricted stock performance criteria
for 2009 are identical to the criteria necessary for achieving a cash bonus in 2009, except that no
additional shares will vest for achievement beyond 100% of target.
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this
report to be signed on its behalf by the undersigned, thereunto duly authorized in Pittsford, New York on April
21, 2009.
Veramark Technologies, Inc.
By:
/s/ Ronald C. Lundy
Ronald C. Lundy,
Vice President of Finance and
Chief Financial Officer